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
2012-10-05 SIMS GRANT E Chief Executive Officer Buy 216,334 $30.00 $6,490,020 Yes
2012-10-05 Davison James E Jr Director Buy 733,019 $30.00 $21,990,570 Yes
2012-10-05 Evans Donald L Director Sell 1,538,984 $31.58 $48,600,981 Yes
2012-10-05 GASAWAY SHARILYN S Director Buy 32,778 $30.00 $983,340 Yes
2012-10-05 Sturdivant Robert C Director Sell 1,498,984 $31.58 $47,337,784 Yes
2012-10-05 Robertson William Keen Director Sell 3,010,414 $31.58 $95,068,613 Yes
2012-01-27 Sturdivant Robert C Director Sell 1,840,000 $27.79 $51,133,600 No
2012-01-27 ROBERTSON CORBIN J III Director Sell 1,840,000 $27.79 $51,133,600 Yes
2012-01-27 Robertson William Keen Director Sell 1,840,000 $27.79 $51,133,600 Yes
2012-01-27 Evans Donald L Director Sell 1,840,000 $27.79 $51,133,600 No
2011-07-20 Quintana Capital Group GP Ltd Possible member of 10% group Sell 1,000,000 $26.30 $26,300,000 No
2011-07-20 Evans Donald L Director Sell 1,000,000 $26.30 $26,300,000 No
2011-07-20 ROBERTSON CORBIN J III Director Sell 1,000,000 $26.30 $26,300,000 No
2011-07-20 Robertson William Keen Director Sell 1,000,000 $26.30 $26,300,000 No
2011-07-20 Sturdivant Robert C Director Sell 1,000,000 $26.30 $26,300,000 No
2010-06-28 STONE J CONLEY Former Director Sell 500 $19.34 $9,670 No
2010-03-19 Davison James E Director Sell 1,053,134 $19.63 $20,673,020 No
2010-03-03 STONE J CONLEY Director Sell 2,000 $20.10 $40,206 No

Insider Smart

CEDAR FAIR L.P. (FUN) - Another crash victim, Cedar Fair L.P. took a deep dive from $54 to $13, insiders were confidence and eagerly jumped in around $27. With insiders on your side, this would be an easy add and hold to get your cost under $20. Stock is about to breach $40 in the coming weeks.