0001437749-17-001227.txt : 20170127 0001437749-17-001227.hdr.sgml : 20170127 20170127160221 ACCESSION NUMBER: 0001437749-17-001227 CONFORMED SUBMISSION TYPE: SC 13G PUBLIC DOCUMENT COUNT: 1 FILED AS OF DATE: 20170127 DATE AS OF CHANGE: 20170127 SUBJECT COMPANY: COMPANY DATA: COMPANY CONFORMED NAME: GENESIS ENERGY LP CENTRAL INDEX KEY: 0001022321 STANDARD INDUSTRIAL CLASSIFICATION: WHOLESALE-PETROLEUM BULK STATIONS & TERMINALS [5171] IRS NUMBER: 760513049 STATE OF INCORPORATION: DE FISCAL YEAR END: 1231 FILING VALUES: FORM TYPE: SC 13G SEC ACT: 1934 Act SEC FILE NUMBER: 005-80776 FILM NUMBER: 17553704 BUSINESS ADDRESS: STREET 1: 919 MILAM, SUITE 2100 CITY: HOUSTON STATE: TX ZIP: 77002 BUSINESS PHONE: 7138602500 MAIL ADDRESS: STREET 1: 919 MILAM, SUITE 2100 CITY: HOUSTON STATE: TX ZIP: 77002 FILED BY: COMPANY DATA: COMPANY CONFORMED NAME: CHICKASAW CAPITAL MANAGEMENT LLC CENTRAL INDEX KEY: 0001276460 IRS NUMBER: 470921032 STATE OF INCORPORATION: DE FISCAL YEAR END: 1231 FILING VALUES: FORM TYPE: SC 13G BUSINESS ADDRESS: STREET 1: 6075 POPLAR AVE STREET 2: STE 720 CITY: MEMPHIS STATE: TN ZIP: 38119 BUSINESS PHONE: 9015371866 MAIL ADDRESS: STREET 1: 6075 POPLAR AVE STREET 2: STE 720 CITY: MEMPHIS STATE: TN ZIP: 38119 SC 13G 1 chickasaw20170126b_sc13g.htm SCHEDULE 13G chickasaw20170126b_sc13g.htm

SECURITIES AND EXCHANGE COMMISSION

Washington, D.C. 20549

 

 

SCHEDULE 13G

Under the Securities Exchange Act of 1934

 

Genesis Energy, L.P.

(Name of Issuer)

 

Common Units

(Title of Class of Securities)

 

371927104

(CUSIP Number)

 

December 31, 2016

(Date of Event Which Requires Filing of this Statement)

 

 

 

Check the appropriate box to designate the rule pursuant to which this Schedule is filed:

 

     [ X ]     Rule 13d-1(b)

     [     ]     Rule 13d-1(c)

     [     ]     Rule 13d-1(d)

 

*The remainder of this cover page shall be filled out for a reporting person’s initial filing on this form with respect to the subject class of securities, and for any subsequent amendment containing information which would alter the disclosures provided in a prior cover page.

 

The information required in the remainder of this cover page shall not be deemed to be “filed” for the purpose of Section 18 of the Securities Exchange Act of 1934 (“Act”) or otherwise subject to the liabilities of that section of the Act but shall be subject to all other provisions of the Act (however, see the Notes).

 

 
 

 

 

  CUSIP No. 371927104

 

 Page 2 of 6 Pages

    

1

NAMES OF REPORTING PERSONS

 

Chickasaw Capital Management, LLC

2

CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP

                                                                                                                                                                                                                 (a) 

                                                                                                                                                                                                                 (b) 

3

SEC USE ONLY

 

4

CITIZENSHIP OR PLACE OF ORGANIZATION

Delaware

NUMBER OF

SHARES

BENEFICIALLY

OWNED BY

EACH

REPORTING

PERSON

WITH:

5

SOLE VOTING POWER

7,092,444

 

6

SHARED VOTING POWER

0

 

7

SOLE DISPOSITIVE POWER

7,092,444

 

8

SHARED DISPOSITIVE POWER

0

 

9

AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON 7,092,444*

10

CHECK IF THE AGGREGATE AMOUNT IN ROW (9) EXCLUDES CERTAIN SHARES                                                                         

11

PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW (9)

6.0%**

12

TYPE OF REPORTING PERSON

IA

 

*See Item 4 of this Schedule 13G

** Based on 117,939,221 Common Units issued and outstanding as of November 3, 2016, as reported on Issuer’s Quarterly Report on Form 10-Q filed on November 3, 2016.

 

 

  

 
 

 

 

  CUSIP No. 371927104

 

 Page 3 of 6 Pages

   

 

Item 1.

(a) 

Name of Issuer:

    Genesis Energy, L.P. 
     
     
  (b)  Address of Issuer’s Principal Executive Offices:
    919 Milam, Suite 2100, Houston, Texas 77002
     
     
Item 2. (a)  Name of Person Filing:
    Chickasaw Capital Management, LLC
     
     
  (b) Address of Principal Business Offices or, if none, Residence:
    6075 Poplar Ave. Suite 720, Memphis, TN 38119
     
     
  (c) Citizenship:
    Delaware, United States
     
     
  (d)  Title of Class of Securities:
    Common Units
     
     
  (e) CUSIP Number:
    371927104

 

 

 

 

 

 

 

 

Item 3.

If this Statement is filed pursuant to §§ 240.13d-1(b) or 240.13d-2(b) or (c), check whether the person filing is a:

 

 

 

 

 

(a)

[   ]

Broker or dealer registered under section 15 of the Act (15 U.S.C. 78o)

 

(b)

[   ]

Bank as defined in section 3(a)(6) of the Act (15 U.S.C. 78c)

 

(c)

[   ]

Insurance company as defined in section 3(a)(19) of the Act (15 U.S.C. 78c)

 

(d)

[   ]

Investment company registered under section 8 of the Investment Company Act of 1940 (15 U.S.C. 80a-8)

 

(e) 

[ x ]

An investment adviser in accordance with § 240.13d-1(b)(1)(ii)(E)

 

(f) 

[   ]

An employee benefit plan or endowment fund in accordance with § 240.13d-1(b)(1)(ii)(F)

 

(g)

[   ]

A parent holding company or control person in accordance with § 240.13d-1(b)(ii)(G)

  

 
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  CUSIP No. 371927104

 

 Page 4 of 6 Pages

   

 

(h)

[   ]

A savings association as defined in Section 3(b) of the Federal Deposit Insurance Act (12 U.S.C. 1813)

 

(i)

[   ]

A church plan that is excluded from the definition of an investment company under section 3(c)(14) of the Investment Company Act of 1940 (15 U.S.C. 80a-3)

 

(j) 

[   ]

A non-U.S. institution in accordance with § 240.13d-1(b)(1)(ii)(J)

 

(k) 

[   ]

Group, in accordance with § 240.13d-1(b)(1)(ii)(K)

 

 

 

 

 

 

 

If filing as a non-U.S. institution in accordance with § 240.13d-1(b)(1)(ii)(J), please specify the type of institution:

 

 

 

_______________

 

 

 

 

 

 

 

 

Item 4.

Ownership.

   
  The information in items 1 and 5-11 on the cover pages of this Schedule 13G is hereby incorporated by reference.
   
  Chickasaw Capital Management, LLC is a registered investment adviser which furnishes investment advice to individual clients by exercising trading authority over securities held in accounts on behalf of such clients (collectively, the “portfolios”). In its role as an investment adviser to the portfolios, Chickasaw Capital Management, LLC has sole dispositive power over the portfolios and, as a result, may be deemed to be the beneficial owner of the securities of the Issuer held by such portfolios. However, Chickasaw Capital Management, LLC does not have the right to receive any dividends from, or the proceeds from the sale of, the securities held in such portfolios and disclaims any ownership associated with such rights. In addition, the filing of this Schedule 13G shall not be construed as an admission that Chickasaw Capital Management, LLC is the beneficial owner of any securities covered by this Schedule 13G for any other purposes than Section 13(d) of the Securities Exchange Act of 1934.
   
   
Item 5. Ownership of 5 Percent or Less of a Class.
   
  N/A
   
   
Item 6. Ownership of More than 5 Percent on Behalf of Another Person.
   
  Each advisory client of Chickasaw Capital Management, LLC who owns securities of the Issuer in their portfolio has the right to receive dividends from, or the proceeds from the sale of, such securities held in that client’s portfolio.

  

 
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  CUSIP No. 371927104

 

 Page 5 of 6 Pages

   

Item 7. Identification and Classification of the Subsidiary Which Acquired the Security Being Reported on by the Parent Holding Company or Control Person.
   
  N/A
   
   
Item 8. Identification and Classification of Members of the Group.
   
  N/A
   
   
Item 9. Notice of Dissolution of Group.
   
  N/A
   
   
Item 10. Certifications.
   
  By signing below I certify that, to the best of my knowledge and belief, the securities referred to above were acquired and are held in the ordinary course of business and were not acquired and are not held for the purpose of or with the effect of changing or influencing the control of the issuer of the securities and were not acquired and are not held in connection with or as a participant in any transaction having that purpose or effect, other than activities solely in connection with a nomination under § 240.14a-11.

 

 
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  CUSIP No. 371927104

 

 Page 6 of 6 Pages

   

 

SIGNATURE

 

After reasonable inquiry and to the best of my knowledge and belief, I certify that the information set forth in this statement is true, complete and correct.

 

 

 

 

Chickasaw Capital Management, LLC

 

 

 

 

 

 

 

January 27, 2017

 

 

 

Date

 

 

 

 

 

    /s/ Debra McAdoo   
    Signature  
       
    Debra McAdoo, Chief Compliance Officer  
    Name/Title  

 

 

 

- 6 -