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Genesis Energy (GEL) will raise its quarterly distribution to $0.71 per share, marking the forty-sixth consecutive quarter in which Genesis has increased its quarterly distribution.

The distribution will be paid on February 14, 2017, to Common Unitholders of record at the close of business on January 31, 2017. 

Genesis Energy, L.P. is a diversified midstream energy master limited partnership headquartered in Houston, Texas. Genesis' operations include onshore and offshore pipeline transportation, refinery services, marine transportation and supply and logistics. Genesis' operations are primarily located in Texas, Louisiana, Arkansas, Mississippi, Alabama, Florida, Wyoming and the Gulf of Mexico.