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Genesis Energy (GEL) will raise its quarterly distribution to $0.72 per unit.

The distribution will be paid on May 15, 2017, to Common Unitholders of record at the close of business on April 28, 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.