Genesis Energy, L.P. Increases Quarterly Distribution

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Tue Apr 7, 2009 8:15am EDT

HOUSTON--(Business Wire)--
Genesis Energy, L.P. (AMEX:GEL) announced today that it will pay a regular
quarterly distribution of $0.3375 per Common Unit for the quarter ended March
31, 2009. The distribution will be paid on May 15, 2009, to Common Unitholders
of record at the close of business on May 4, 2009. This distribution represents
an increase of approximately 13% over the first quarter 2008 quarterly
distribution of $0.30 per unit. This is the fifteenth consecutive quarter in
which Genesis has increased its quarterly distribution. 

Genesis Energy, L.P. is a diversified midstream energy master limited
partnership headquartered in Houston, Texas. Genesis engages in four business
segments. The Pipeline Transportation Division is engaged in the pipeline
transportation of crude oil, carbon dioxide and, to a lesser extent, natural
gas. The Refinery Services Division primarily processes sour gas streams to
remove sulfur at refining operations, principally located in Texas, Louisiana,
and Arkansas. The Supply and Logistics Division is engaged in the
transportation, storage and supply of energy products, including crude oil and
refined products. The Industrial Gases Division produces and supplies industrial
gases such as carbon dioxide and syngas. Genesis` operations are primarily
located in Texas, Louisiana, Arkansas, Mississippi, Alabama, and Florida. 





Genesis Energy, L.P.
Bob Deere, 713-860-2516
Chief Financial Officer 



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