Genesis Energy (GEL) will raise its quarterly distribution to $0.7225 per unit.
The distribution will be paid on August 14, 2017, to Common Unitholders of record at the close of business on July 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.