Genesis Energy, LP (NYSE: GEL) operates as a publicly traded master limited partnership, meaning it is owned by its public unitholders, institutional investment managers, and mutual funds who hold common units across public equity markets. Conversely, if referencing the New Zealand-based energy utility company Genesis Energy Limited (NZX/ASX: GNE), the enterprise is a mixed-ownership model corporation where the New Zealand Government maintains a controlling majority stake of roughly 51%, while the remaining shares are held by institutional and retail public investors.