Genesis Energy (GEL) Investor presentation summary

Investment highlights and financial strategy

• Diverse portfolio of long-lived, market-leading businesses with high barriers to entry and significant operating leverage.

• Ample liquidity with $800 million credit facility and no near-term unsecured maturities until 2028.

• Focus on increasing Adjusted EBITDA and cash flow, with declining growth CapEx.

• Prioritizing reduction of leverage ratio to near 4.0x and repurchasing high-cost preferred securities.

• Board evaluating future distribution growth as financial performance improves.

Offshore pipeline transportation and expansion

• Operates ~2,400 miles of pipelines in the Central Gulf of America, providing critical infrastructure for deepwater crude oil transport.

• Recent completion of major projects: Shenandoah and Salamanca fields now online, boosting volumes and earnings.

• Expansion includes new SYNC pipeline and GB-72 platform, supporting additional deepwater developments.

• Contracts feature life-of-lease dedications and take-or-pay agreements, ensuring stable cash flows.

• Additional sanctioned developments around Shenandoah FPU provide visibility to future growth.

Marine and onshore transportation

• Young, modern marine fleet focused on intermediate refined products, with high utilization and long-term contracts.

• Onshore assets integrated with major refineries, facilitating crude and feedstock logistics.

• Leading third-party provider of refinery sulfur removal services, generating consistent cash flow.