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CHRD vs GEL

Chord Energy Corporation Common Stock and Genesis Energy, L.P.

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Chord Energy Corporation Common Stock

Chord Energy Corporation operates as an independent exploration and production company in the United States. The company acquires, explores, develops, and produces crude oil, natural gas, and natural gas liquids in the Williston Basin. It sells its products to refiners, marketers, and other purchasers that have access to pipeline and rail facilities. The company was formerly known as Oasis Petroleum Inc. and changed its name to Chord Energy Corporation in July 2022. Chord Energy Corporation was founded in 2007 and is headquartered in Houston, Texas.

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Genesis Energy, L.P.

Genesis Energy, L.P. engages in the midstream segment of the crude oil and natural gas industry in the United States. It operates through Offshore Pipeline Transportation; Soda and Sulfur Services; Marine Transportation; and Onshore Facilities and Transportation segments. The Offshore Pipeline Transportation segment engages in offshore crude oil and natural gas pipeline transportation and handling operations, as well as deep water pipeline servicing. This segment also owns interests in offshore crude oil and natural gas pipeline systems, platforms, and related infrastructure. Its Soda and Sulfur Services segment engages in the provision of sulfur removal services; operation of storage and transportation assets; and sale and delivery of sodium hydrosulfide (NaHS) and caustic soda (NaOH), as well as operation of NaHS and caustic soda terminals. The Marine Transportation segment includes inland marine fleet, which transports intermediate refined petroleum products, such as asphalt; offshore marine fleet, which transports crude oil and refined petroleum products; and M/T American Phoenix, a double-hulled tanker. Its Onshore Facilities and Transportation segment engages in the provision of onshore facilities and transportation services to crude oil refiners and producers by purchasing, transporting, storing, blending, and marketing crude oil and refined products; and operation of trucks, trailers, railcars, terminals, and tankage in various locations along the Gulf Coast. This segment also owns onshore common carrier crude oil pipeline systems and operational crude oil rail unloading facilities. Genesis Energy, L.P. was incorporated in 1996 and is headquartered in Houston, Texas.

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