Genesis Energy has revised its guidance for financial year 2026, with the range for normalised ebitdaf now set at $455 million to $485m.
This is an increase from the previous range of $430m to $460m.
The update is attributed to strong operational performance in the first quarter of financial year 2026, driven by favourable hydrology and wind outcomes, which have continued into the second quarter.
Additionally, there was upside from the three-month shut-down of Unit 5.
However, the company cautioned that the guidance remains subject to final hydrological conditions, gas availability and pricing, plant reliability, and stable market conditions.
All other guidance remains unchanged.
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