BNET Industries

Market Cap:$724.5M
Last Fiscal Year Sales:$1.1B
  • Public
  • US
Dow Jones Description

We are a growth-oriented limited partnership focused on the midstream segment of the oil and gas industry in the Gulf Coast region of the United States, primarily Texas, Louisiana, Arkansas, Mississippi, Alabama and Florida. We have a diverse portfolio of customers, operations and assets, including refinery-related plants, pipelines, storage tanks and terminals, and trucks and truck terminals. We provide services to refinery owners; oil, natural gas and CO2, producers; industrial and commercial enterprises that use CO2 and other industrial gases; and individuals and companies that use our dry-goods trucking services. Substantially all of our revenues are derived from providing services to integrated oil companies, large independent oil and gas or refinery companies, and large industrial and commercial enterprises.

Director and Chief Executive Officer
Grant E. Sims
Number of Employees 655
Contact Information

500 Dallas St Ste 2500

Houston, Texas 77002-4708

www.genesiscrud...

(713) 860-2500

NAICS Code Petroleum Bulk Stations and Terminals: 424710

Recent Events

  • Genesis Energy, L.P. Reports Third Quarter 2009 Results

    11/05/09 - Financial Announcement - View Story

  • Genesis Energy, L.P. Reports Second Quarter 2009 Results

    8/06/09 - Financial Announcement - View Story

News & Analysis

finance and genesis energy l.p. - All News and Analysis

Decision Makers

Name (plus bio) Position
Grant E. Sims Director and Chief Executive Officer
John Landers President, Fuel Masters
Sid Moller President, Davison Companies
Joseph A. Blount Chief Operating Officer
Ross A. Benavides Cfo and General Counsel
Brad N. Graves Executive Vice President Business Development
James Landers Vice President, Fuel Masters
Karen N. Pape Vice President
Kerry W. Mazoch Vice President
Phillip Fuller General Manager, Commercial Risk Management
Marco Bragagnolo Managing Director
Herbert I. Goodman Executive Compensation, Summary Compensation Table

Board of Directors

Name (plus bio) Position
Gareth Roberts Director and Chairman of the Board
David C. Baggett Board of Directors
E James Jr Board of Directors
Herbert I. Goodwin Board of Directors
J. Conley Stone Board of Directors
James E. Davison Board of Directors
Mark C. Allen Board of Directors
Martin C. White Board of Directors
Phil Rykhoek Board of Directors
Ronald T. Evans Board of Directors
Susan O. Rheney Board of Directors

Organization Position Status
Genesis Energy, L.P. Director and Chief Executive Officer Current
Genesis Energy, L.P. Director Current

Organization Position Status
Genesis Energy, L.P. President, Fuel Masters Current

Organization Position Status
Genesis Energy, L.P. President, Davison Companies Current

Organization Position Status
Genesis Energy, L.P. Chief Operating Officer Current
Genesis Energy, L.P. President Former

Organization Position Status
Genesis Energy, L.P. Cfo and General Counsel Current
Genesis Energy, L.P. Finance Executive Current
Genesis Energy, L.P. Secretary Current

Organization Position Status
Genesis Energy, L.P. Executive Vice President Business Development Current
Enterprise Products Partners L.P. Vice President of Commercial Offshore Operations Former
Enterprise Products Partners L.P. Director of Crude Oil and Platform Services Former

Organization Position Status
Genesis Energy, L.P. Vice President, Fuel Masters Current

Organization Position Status
Genesis Energy, L.P. Vice President Current
Genesis Energy, L.P. Director of Finance and Administration Former
Genesis Energy, L.P. Controller Former
Genesis Energy, L.P. Finance Executive Former

Organization Position Status
Genesis Energy, L.P. Vice President Current

Organization Position Status
Genesis Energy, L.P. General Manager, Commercial Risk Management Current

Marco began his working career in the computer industry. Over a 14 year period Marco developed his career, which took him into data communications networks, working as an engineer, then onto design and implementation and trouble shooting of networks. Marco then took on various consultancies ranging from network design to business processing, restructuring and re-engineering. He also contracted in project management of large projects within the IT industry. In the last few years of his career, he took on senior management roles, responsible for IT staff, covering network design, troubleshooting, maintenance, and consultancy and project management. Marco then began his career in trading the stock markets for his family portfolio. Within 6 months, Marco became a full time trader and still continues to trade the international markets. During the following years he became involved in the company that produced the trading software, where he helped develop the sales and training departments, as well as the IT departments. During those years, Marco publicly spoke both locally and internationally at various venues on topics covering the share market, investing, business and motivation. Attending these and other seminars, Marco found that although the information was correct in some cases, the delivery and the way it was explained to the public, left the public confused and frustrated. Through his own frustration of attempting to place all the information and possibilities available into a concise and practical form, Marco spent 18 months working on a means of presenting the information in the form of a book, so that the public can not only understand investing, but can use it as a guide to achieving their financial goals. The book "Money Talk" was published and launched in late 2004. Marco has been involved in starting and developing various businesses over the years, in the areas of IT, stock markets, funds management, property, franchising, training and other financial instruments, holding various titles within those organisations. The positions covered sales and marketing, training, product design, systems design, business development, senior management and FSR compliance (successfully completed PS146 training in 2005). Marco also holds directorships in other companies within the Genesis Group of companies. Marco's main attributes he brings to the board are, lateral thinking, having the knowledge, discipline and experience in the implementation of ideas and concepts, corporate governance and design and management of internal systems.

Organization Position Status
Genesis Energy, L.P. Managing Director Current
Genesis Energy, L.P. Engineer Former

Organization Position Status
Genesis Energy, L.P. Executive Compensation, Summary Compensation Table Current
Genesis Energy, L.P. Board of Directors Current

Organization Position Status
Ronald Evans President and Chief Executive Officer Current
Genesis Energy, L.P. Director and Chairman of the Board Current
Ronald Evans Board of Directors Current

Organization Position Status
Genesis Energy, L.P. Board of Directors Current

Organization Position Status
Genesis Energy, L.P. Board of Directors Current

Organization Position Status
Genesis Energy, L.P. Board of Directors Current

Organization Position Status
Genesis Energy, L.P. Board of Directors Current
Plantation Pipe Line Company Chief Executive Officer Former
Plantation Pipe Line Company President Former
Plantation Pipe Line Company Chief Operating Officer Former
Plantation Pipe Line Company Director Former

Organization Position Status
Davison Transport Inc. Current President Current
Sunshine Oil, Inc. President Current
Davison Transport Inc. Chairman of the Board Current
Community Trust Bank, Inc. Director Current
Genesis Energy, L.P. Board of Directors Current
Storage LLC President Former
Davison Transport Inc. Founder Former

Organization Position Status
Genesis Energy, L.P. Board of Directors Current

Organization Position Status
Genesis Energy, L.P. Board of Directors Current

Phil Rykhoek is Chief Executive Officer of Denbury. Mr. Rykhoek served as Sr. VP and CFO until June 30, 2009. Before joining us in June 1995, he was co-founder and an executive officer of Petroleum Financial, Inc. ("PFI"), a private company formed in May 1991 to provide accounting, financial, and management services on a contract basis to other entities. While at PFI, Mr. Rykhoek was also an officer of Amerac Energy Corporation, where he had been employed in various positions for eight years, most recently as Vice President and Chief Accounting Officer. Mr. Rykhoek also serves as a director of Genesis Energy, L.P.

Organization Position Status
Denbury Resources Inc. Chief Executive Officer Current
Denbury Resources Inc. Chief Financial Officer Current
Ronald Evans Senior Vice President, Chief Financial Officer, Secretary and Treasurer Current
Denbury Resources Inc. Senior Vice President Current
Ronald Evans Board of Directors Current
Denbury Resources Inc. Secretary Current
Prison Entrepreneurship Program Director Current
Genesis Energy, L.P. Board of Directors Current

Ronald T. Evans, President & Chief Operating Officer, is a registered Professional Engineer who joined us in September 1999. Mr. Evans served as Sr. VP - Reservoir Engineering until June 30, 2009. Before joining Denbury, he was employed as a manager with Matador Petroleum Corporation for 3 years and employed by Enserch Exploration, Inc. for 12 years in various positions. Mr. Evans received his Bachelor of Science degree in Petroleum Engineering from the University of Oklahoma in 1984 and his MBA from the University of Texas at Dallas in 1995. Mr. Evans also serves as a director of Genesis Energy, L.P.

Organization Position Status
Denbury Resources Inc. President, Chief Opr Offcr Current
Scott & Reid General Contractors Inc. Executive Vice President Current
World Ctl 2009 Senior Vice President, Reservoir Engineering Current
Genesis Energy, L.P. Board of Directors Current
Denbury Resources Inc. Senior Vice President, Reservoir Engineering Former
Denbury Resources Inc. Vice President, Reservoir Engineering Former
CB Richard Ellis Group, Inc. Vice President Former
Cushman & Wakefield Inc. Associate Director Former
Denbury Former
The University of Texas MBA Former
The University of Texas BBA Former
The University of Oklahoma Bachelor of Science degree in Petroleum Engineering Former

Organization Position Status
Genesis Energy, L.P. Board of Directors Current
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     GEL $18.35 -0.30 (-1.61% )
Average Volume 87,733
Shares Outstanding 39.48M
Market Cap 724.5M
Year High 18.79
Year Low 7.16
Earnings Per Share 0.57
P/E Ratio 32.19
Dividend 1.41
Yield 7.68
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