Why insider trading matters?

If management teams do not own any relevant stakes in the companies they guide, they may not be focused on creating wealth for shareholders to the same degree, compared to those that see their personal wealth increase when share prices rise.

- Klaus Gugler, Economist
GENESIS ENERGY LP (GEL)
Sector: Energy; Industry: Oil & Gas Midstream

Genesis Energy, L.P. operates in the midstream segment of the crude oil and natural gas industry. The company's Offshore Pipeline Transportation segment engages in offshore crude oil and natural gas pipeline transportation and handling operations; and in the deep water pipeline servicing in the southern Keathley Canyon area of the Gulf of Mexico. This segment owns interests in approximately 1,422 miles of crude oil pipelines located offshore in the Gulf of Mexico. Its Sodium Minerals and Sulfur Services segment provides sulfur-extraction services to refining operations; and operates storage and transportation assets. It owns four onshore crude oil pipeline systems with approximately 460 miles of pipe located primarily in Alabama, Florida, Louisiana, Mississippi, and Texas; and two CO2 pipelines with approximately 269 miles of pipe. Its Marine Transportation segment offers waterborne transportation of petroleum products and crude oil in North America. Genesis Energy, LLC serves as a general partner of the company. The company was founded in 1996 and is headquartered in Houston, Texas.


Trade Date Insider Title Buy/Sell #Shares Price Value Option
2020-02-27 Taylor Jack T Director Buy 20,000 $10.03 $200,600 No
2016-02-29 Taylor Jack T Director Buy 10,000 $24.77 $247,720 No

Insider Smart

Upwork Inc (UPWK) - GRETSCH GREGORY C. Director of Upwork, made a bulk buy of 500K shares right before the big gap up, which is also the largest buy of the past 12 months.

Insider Smart

Altimmune, Inc. (ALT) - Venrock Healthcare Capital Partners III, L.P., 10%-owner of ALT bought 1.3M shares in late May then added another 1.5M shares in June with an averaged ~$8 per share. 10 days after the accumulation, ALT price jumped to $10.