Genesis Energy (GEL) 8-K Other Events

Exhibit 99.1

Item 6. Selected Financial Data

The table below includes selected financial and other data for the Partnership for the years ended December 31, 2008, 2007, 2006, 2005, and 2004(in thousands, except per unit and volume data).

	Year Ended December 31,
	2008 (1)			2007 (1)			2006			2005			2004
Income Statement Data:
Revenues:
Supply and logistics(2)	$	1,852,414		$	1,094,189		$	873,268		$	1,038,549		$	901,902
Refinery services		225,374			62,095			—			—			—
Pipeline transportation, including natural gas sales		46,247			27,211			29,947			28,888			16,680
CO2 marketing		17,649			16,158			15,154			11,302			8,561
Total revenues		2,141,684			1,199,653			918,369			1,078,739			927,143
Costs and expenses:
Supply and logistics costs(2)		1,815,090			1,078,859			865,902			1,034,888			897,868
Refinery services operating costs		166,096			40,197			—			—			—
Pipeline transportation, including natural gas purchases		15,224			14,176			17,521			19,084			8,137
CO2 marketing transportation costs		6,484			5,365			4,842			3,649			2,799
General and administrative expenses		29,500			25,920			13,573			9,656			11,031
Depreciation and amortization		71,370			38,747			7,963			6,721			7,298
(Gain) loss from sales of surplus assets		29			266			(16	)		(479	)		33
Impairment Expense(3)		—			1,498			—			—			—
Total costs and expenses		2,103,793			1,205,028			909,785			1,073,519			927,166
Operating income (loss) from continuing operations		37,891			(5,375	)		8,584			5,220			(23	)
Earnings from equity in joint ventures		509			1,270			1,131			501			—
Interest expense, net		(12,937	)		(10,100	)		(1,374	)		(2,032	)		(926	)
Income (loss) from continuing operations before cumulative effect of change accounting principle and income taxes		25,463			(14,205	)		8,341			3,689			(949	)
Income tax benefit		362			654			11			—			—
Income (loss) from continuing operations before cumulative effect of change in accounting principle		25,825			(13,551	)		8,352			3,689			(949	)
Income (loss) from discontinued operations		—			—			—			312			(463	)
Cumulative effect of changes in accounting principle		—			—			30			(586	)		—
Net income (loss)		25,825			(13,551	)		8,382			3,415			(1,412	)
Net income (loss) attributable to noncontrolling interests		264			1			(1	)		—			—
Net income (loss) attributable to Genesis Energy, L.P.	$	26,089		$	(13,550	)	$	8,381		$	3,415		$	(1,412	)
Net income (loss) attributable to Genesis Energy, L.P. per common unit - basic:
Continuing operations	$	0.59		$	(0.66	)	$	0.59		$	0.38		$	(0.10	)
Discontinued operations		—			—			—			0.03			(0.05	)
Cumulative effect of change in accounting principle		—			—			—			(0.06	)		—
Net income (loss)	$	0.59		$	(0.66	)	$	0.59		$	0.35		$	(0.15	)
Cash distributions per common unit	$	1.2225		$	0.93		$	0.74		$	0.61		$	0.60

1

	Year Ended December 31,
	2008(1)		2007(1)		2006		2005		2004
Balance Sheet Data (at end of period):
Current assets	$	168,127	$	214,240	$	99,992	$	90,449	$	77,396
Total assets		1,178,674		908,523		191,087		181,777		143,154
Long-term liabilities		394,940		101,351		8,991		955		15,460
Partners’ capital:
Genesis Energy, L.P.		632,658		631,804		85,662		87,689		45,239
Noncontrolling interests		24,804		570		522		522		517
Total partners’ capital		657,462		632,374		86,184		88,211		45,756
Other Data:
Maintenance capital expenditures(4)		4,454		3,840		967		1,543		939
Volumes - continuing operations:
Crude oil pipeline (barrels per day)		64,111		59,335		61,585		61,296		63,441
CO2 pipeline (Mcf per day)(5)		160,220		—		—		—		—
CO2 sales (Mcf per day)		78,058		77,309		72,841		56,823		45,312
NaHS sales (DST)(6)		162,210		69,853		—		—		—

(1) Our operating results and financial position have been affected by acquisitions in 2008 and 2007, most notably the Grifco acquisition in July 2008 and the Davison acquisition, which was completed in July 2007. The results of these operations are included in our financial results prospectively from the acquisition date. For additional information regarding these acquisitions, see Note 3 of the Notes to Consolidated Financial Statements included under Item 8 of this annual report.

(2) Supply and logistics revenues, costs and crude oil wellhead volumes are reflected net of buy/sell arrangements since April 1, 2006.

(3) In 2007, we recorded an impairment charge of $1.5 million related to our natural gas pipeline assets.

(4) Maintenance capital expenditures are capital expenditures to replace or enhance partially or fully depreciated assets to sustain the existing operating capacity or efficiency of our assets and extend their useful lives.

(5) Volume per day for the period we owned the Free State CO₂ pipeline in 2008.

(6) Volumes relate to operations acquired in July 2007.

2