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Genesis Energy LP (Genesis Energy LP) Momentum Rank : 5 (As of Apr. 26, 2024)


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What is Genesis Energy LP Momentum Rank?

Genesis Energy LP has the Momentum Rank of 5.

For Momentum Rank, we considered the residual momentum concept that was widely studied by Blitz and his colleagues as well as by Nobel Prize laureates Fama and French. However, we did not find any significant differences in the performances of stocks with different ranks of residual momentum. Therefore, we use traditional momentum instead.

Momentum Rank is determined using the standardized momentum ratio and other momentum indicators. The standardized momentum ratio is the average of the performances from 12 months ago to 1 month ago and 6 months ago to 1 month ago, divided by the beta of the stock over the past 12 months. To calculate the momentum ratio today, we would use the average of the two performance numbers.

For momentum, we found that stock price performance does not have a monotonic correlation with the momentum ratio. The stocks with the highest momentum ratios perform worse than those at about the 70th percentile. Therefore, for the momentum rank, we ranked the stocks at about the 70th percentile of the momentum ratio as the highest at 10.

Please click GF Score to see more details on the GF Score's 5 Key Aspects of Analysis.


Competitive Comparison of Genesis Energy LP's Momentum Rank

For the Oil & Gas Midstream subindustry, Genesis Energy LP's Momentum Rank, along with its competitors' market caps and Momentum Rank data, can be viewed below:

* Competitive companies are chosen from companies within the same industry, with headquarter located in same country, with closest market capitalization; x-axis shows the market cap, and y-axis shows the term value; the bigger the dot, the larger the market cap. Note that "N/A" values will not show up in the chart.


Genesis Energy LP's Momentum Rank Distribution in the Oil & Gas Industry

For the Oil & Gas industry and Energy sector, Genesis Energy LP's Momentum Rank distribution charts can be found below:

* The bar in red indicates where Genesis Energy LP's Momentum Rank falls into.



Genesis Energy LP Momentum Rank Related Terms

Thank you for viewing the detailed overview of Genesis Energy LP's Momentum Rank provided by GuruFocus.com. Please click on the following links to see related term pages.


Genesis Energy LP (Genesis Energy LP) Business Description

Traded in Other Exchanges
N/A
Address
811 Louisiana, Suite 1200, Houston, TX, USA, 77002
Genesis Energy LP is an us-based limited partnership that focuses on the midstream segment of the crude oil and natural gas industry. It engages in providing services to crude oil and natural gas producers, and industrial and commercial enterprises. The company's reportable segments are offshore pipeline transportation, sodium minerals and sulfur services, onshore facilities and transportation, and marine transportation. It generates maximum revenue from the offshore pipeline transportation segment. The Sodium minerals and sulfur services segment includes trona and trona-based exploring, mining, processing, producing, marketing, and selling activities, as well as processing high sulfur gas streams for refineries to remove the sulfur, and selling the related by-product.
Executives
Jeffrey J Rasmussen officer: VP & GM - Refinery Services 811 LOUISIANA STREET, SUITE 1200, HOUSTON TX 77002
Edward T Flynn officer: President, Genesis Alkali, LLC 1735 MARKET STREET, PHILADELPHIA PA 19103
Ryan S Sims officer: Vice President 919 MILAM SUITE 2100, HOUSTON TX 77002
William W Rainsberger officer: SVP - Offshore 919 MILAM SUITE 2100, HOUSTON TX 77002
Scott A Sims officer: VP - Offshore 811 LOUISIANA STREET, SUITE 1200, HOUSTON TX 77002
Louis V Nicol officer: SVP & Chief Accounting Officer 811 LOUISIANA STREET, SUITE 1200, HOUSTON TX 77002
James E Davison director 2000 FARMERVILLE HIGHWAY, RUSTON LA 71270
Grant E Sims director, officer: Chief Executive Officer 919 MILAM SUITE 2100, HOUSTON TX 77002
Garland G Gaspard officer: Vice President 919 MILAM SUITE 2100, HOUSTON TX 77002
William Stanton Goloway officer: Vice President 919 MILAM SUITE 2100, HOUSTON TX 77002
Albert Conrad P director 919 MILAM SUITE 2100, HOUSTON TX 77002
Kristen O Jesulaitis officer: General Counsel & Secretary 919 MILAM SUITE 2100, HOUSTON TX 77002
Davison James E. Jr. director 500 SOUTH SERVICE ROAD EAST, RUSTON LA 71270
Richard R Alexander officer: Vice President 919 MILAM SUITE 2100, HOUSTON TX 77002
Sharilyn S Gasaway director ONE ALLIED DRIVE, LITTLE ROCK AR 72202