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. SimsNumber of Employees 655
Contact Information
500 Dallas St Ste 2500
Houston, Texas 77002-4708
(713) 860-2500
Peer Companies
NAICS Code Petroleum Bulk Stations and Terminals: 424710
Recent Events
-
Genesis Energy, L.P. Reports Third Quarter 2009 Results
-
Genesis Energy, L.P. Reports Second Quarter 2009 Results
News & Analysis
Filter by
finance and genesis energy l.p. - All News and Analysis
Genesis Energy L.P. Acquires Crude Oil Pipelines From Equilon Pipeline Company LLC
HOUSTON--BUSINESS WIRE--Oct. 1, 1998--Genesis Energy L.P. (NYSE:GEL) announced today that Genesis Pipeline Texas L.P., and Equilon Pipeline Company LLC closed the purchase by Genesis of Equilon's West Columbia Pipeline System. This acquisition will increase Genesis' pipeline miles approximately 20% and add more than 20,000 barrels per day to its current...
Genesis Energy L.P. announces quarterly distribution
HOUSTON--BUSINESS WIRE--April 2, 1997--Genesis Energy, L.P. (NYSE:GEL) announced today that it will pay its first quarterly distribution of $0.66 per Common Unit on May 15, 1997, to Common Unitholders of record at the close of business on April 30, 1997. Generally, the Minimum Quarterly Distribution is $0.50...
Genesis Energy, L.P.; closing of over-allotment offering
HOUSTON--BUSINESS WIRE--Dec. 19, 1996--Genesis Energy, L.P., announced today the closing of the offering of 1,125,000 additional common units issued upon the exercise by the underwriters of the entire over- allotment option. The Common Units represent limited partner interests in the Partnership and were offered at a price of $20.625. Genesis...
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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. | 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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