Adams Resources & Energy

Adams Resources & Energy, Inc. engages in the business of crude oil marketing, transportation and storage in various crude oil and natural gas basins. It operates through the following segments: crude oil marketing, transportation and storage, tank truck transportation of liquid chemicals, pressurized gases, asphalt and dry bulk, and pipeline transportation, terminalling and storage of crude oil. The company was founded by Kenneth Stanley Adams, Jr. in 1947 and is headquartered in Houston, TX.

Earnings data Q4 2020

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HOUSTON , Aug. 2, 2023 /PRNewswire/ -- Adams Resources & Energy, Inc. (NYSE AMERICAN: AE) ("Adams" or the "Company"), a company engaged in marketing, transportation, logistics and repurposing of crude oil, refined products and dry bulk materials, today announced that it will report second quarter 2023 financial and operational results on August 9, 2023, after the market closes. In addition, the Company will also host its earnings call on August 10, 2023, starting at 9:00 a.m.

ADAMS RESOURCES & ENERGY, INC. TO RELEASE SECOND QUARTER 2023 EARNINGS AND HOST CONFERENCE CALL ON AUGUST 10

HOUSTON , June 20, 2023 /PRNewswire/ -- Adams Resources & Energy, Inc. (NYSE AMERICAN: AE) ("Adams" or the "Company") today announced that Kevin Roycraft, Chief Executive Officer and President of the Company, and Tracy Ohmart, Executive Vice President, Chief Financial Officer & Treasurer of the Company, will be presenting at Singular Research's Summer Solstice Conference, being held June 22, 2023 at the Hippodrome in New York City, NY.  The presentation will begin at 12:30 PM ET on June 22.

ADAMS RESOURCES & ENERGY, INC. TO PARTICIPATE IN SINGULAR RESEARCH'S SUMMER SOLSTICE CONFERENCE ON JUNE 22, 2023

HOUSTON , June 19, 2023 /PRNewswire/ -- Adams Resources & Energy, Inc. (NYSE AMERICAN: AE) ("Adams" or the "Company") today announced that Kevin Roycraft, Chief Executive Officer and President of the Company, and Tracy Ohmart, Executive Vice President, Chief Financial Officer & Treasurer of the Company, will be participating in the 13th Annual East Coast IDEAS Conference. The conference will take place virtually on June 21 and 22, 2023.

ADAMS RESOURCES & ENERGY, INC. TO PARTICIPATE IN THE 13TH ANNUAL EAST COAST IDEAS CONFERENCE ON JUNE 21, 2023

HOUSTON , May 22, 2023 /PRNewswire/ -- Adams Resources & Energy, Inc. (NYSE AMERICAN: AE) ("Adams" or the "Company") today announced that it will participate in the B. Riley Securities 23rd Annual Institutional Investor Conference taking place May 24-25, 2023 at The Beverly Hilton in Beverly Hills, CA.

ADAMS RESOURCES & ENERGY, INC. TO PARTICIPATE IN B.

HOUSTON--(BUSINESS WIRE)--Gulf Inland Logistics Park, managed and developed by Liberty Development Partners, today announced that Humble-based Phoenix Oil, a wholly owned subsidiary of Adams Resources & Energy, Inc. (NYSE AMERICAN: AE) has acquired 11 acres at Gulf Inland Logistics Park to expand its operations in the Gulf Coast. “We're pleased to welcome Phoenix Oil to Gulf Inland Logistics Park and anticipate the many advantages this new partner will experience by locating their operation.

Gulf Inland Logistics Park Sells 11 Acres to Phoenix Oil

Adams Resources & Energy, Inc (NYSE:AE ) Q1 2023 Earnings Conference Call May 10, 2023 9:00 AM ET Company Participants Steven Hooser - Investor Relations Kevin Roycraft - President and Chief Executive Officer Tracy Ohmart - Executive Vice President and Chief Financial Officer Greg Mills - President, GulfMark Asset Holdings Wade Harrison - President, Service Transport Company Conference Call Participants Liam Burke - B. Riley FBR Chris Sakai - Singular Research Mitchell Sacks - Grand Slam Operator Good day and welcome to Adam Resources & Energy Incorporated First Quarter 2023 Earnings Call.

Adams Resources & Energy, Inc (AE) Q1 2023 Earnings Call Transcript

HOUSTON , May 9, 2023 /PRNewswire/ -- Adams Resources & Energy, Inc. (NYSE AMERICAN: AE) ("Adams" or the "Company"), a company engaged in marketing, transportation, logistics and repurposing of crude oil, refined products and dry bulk materials, today announced operational and financial results for the quarter ended March 31, 2023.  The Company also declared a quarterly cash dividend of $0.24 per common share.

ADAMS RESOURCES & ENERGY, INC. ANNOUNCES FIRST QUARTER 2023 RESULTS AND DECLARES QUARTERLY DIVIDEND

HOUSTON , May 4, 2023 /PRNewswire/ -- Adams Resources & Energy, Inc. (NYSE AMERICAN: AE) ("Adams" or the "Company"), a company engaged in marketing, transportation, logistics and repurposing of crude oil, refined products and dry bulk materials, today announced that it will report first quarter 2023 financial and operational results on May 9, 2023, after the market closes.  In addition, the Company will also host its earnings call on May 10, 2023, starting at 9:00 a.m.

ADAMS RESOURCES & ENERGY, INC. TO RELEASE FIRST QUARTER 2023 EARNINGS AND HOST CONFERENCE CALL ON MAY 10

HOUSTON , May 4, 2023 /PRNewswire/ -- Adams Resources & Energy, Inc. (NYSE AMERICAN: AE) ("Adams" or the "Company") today announces that its subsidiary, Phoenix Oil, Inc. acquired approximately 10.6 acres of land in the Gulf Inland Industrial Park, located in Dayton, TX, to build a new processing facility with rail spur and siding, product storage, and truck rack. Phoenix will build new infrastructure to service its existing customers and to create opportunities for growing the business.

ADAMS RESOURCES & ENERGY, INC. ANNOUNCES ACQUISITION OF LAND FOR PHOENIX OIL RELOCATION AND EXPANSION

HOUSTON , March 15, 2023 /PRNewswire/ -- Adams Resources & Energy, Inc. (NYSE AMERICAN: AE) ("Adams" or the "Company"), a company engaged in marketing, transportation, logistics and repurposing of crude oil, refined products and dry bulk materials, today announced operational and financial results for the quarter and year ended December 31, 2022.  Q4 2022 Financial Highlights Total revenue of $747.7 million for the fourth quarter of 2022, versus $644.8 million for the fourth quarter of 2021.

ADAMS RESOURCES & ENERGY, INC. ANNOUNCES FOURTH QUARTER AND FULL YEAR 2022 RESULTS

As Adams Resources & Energy, Inc. management is allocating the company's capital through acquisition, these acquired entities might bring substantial cash flows to the business. In the last nine months, the company has produced over $10 million in net profits, which gives it an earnings multiple of 12 based on its previous nine months' earnings.

Adams Resources: Holding This Stock Is The Best Option

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Should Value Investors Buy Adams Resources & Energy (AE) Stock?

HOUSTON , Dec. 6, 2022 /PRNewswire/ -- Adams Resources & Energy, Inc. (NYSE AMERICAN: AE) ("Adams" or the "Company") today announced that Kevin Roycraft, Chief Executive Officer and President of the Company, will present at the Singular Research Best of the Uncovered Conference to be held in-person, with a virtual option on December 8, 2022.  Mr. Roycraft is scheduled to present at 8:30 a.m.

ADAMS RESOURCES & ENERGY, INC. ANNOUNCES PARTICIPATION IN THE SINGULAR RESEARCH BEST OF THE UNCOVERED CONFERENCE IN SAN FRANCISCO ON DECEMBER 8, 2022

If you are looking for stocks that are well positioned to maintain their recent uptrend, Adams Resources (AE) could be a great choice. It is one of the several stocks that passed through our "Recent Price Strength" screen.

Adams Resources (AE) is on the Move, Here's Why the Trend Could be Sustainable

Adams Resources (AE) shares have started gaining and might continue moving higher in the near term, as indicated by solid earnings estimate revisions.

Can Adams Resources (AE) Run Higher on Rising Earnings Estimates?

Adams Resources (AE) delivered earnings and revenue surprises of 51.43% and 10.42%, respectively, for the quarter ended September 2022. Do the numbers hold clues to what lies ahead for the stock?

Adams Resources & Energy (AE) Q3 Earnings Top Estimates

HOUSTON , Nov. 10, 2022 /PRNewswire/ -- Adams Resources & Energy, Inc. (NYSE AMERICAN: AE) ("Adams" or the "Company"), a company engaged in marketing, transportation, logistics and repurposing of crude oil, refined products and dry bulk materials, today announced operational and financial results for the quarter and nine month period ended September 30, 2022.  The Company also declared a quarterly cash dividend of $0.24 per common share.

ADAMS RESOURCES & ENERGY, INC. ANNOUNCES THIRD QUARTER 2022 RESULTS AND DECLARES QUARTERLY DIVIDEND

Adams Resources (AE) is well positioned to outperform the market, as it exhibits above-average growth in financials.

Here is Why Growth Investors Should Buy Adams Resources (AE) Now

HOUSTON , Nov. 9, 2022 /PRNewswire/ -- Adams Resources & Energy, Inc. (NYSE AMERICAN: AE) ("Adams" or the "Company") today announced that Kevin Roycraft, Chief Executive Officer and President of the Company, and Tracy Ohmart, Executive Vice President, Chief Financial Officer & Treasurer of the Company, will present at the Southwest IDEAS Investor Conference on November 17, 2022 at the Westin Dallas Downtown in Dallas, TX.  Adams' presentation is scheduled to begin at 8:00 am CT.

ADAMS RESOURCES & ENERGY, INC. TO PRESENT AT THE 14TH ANNUAL SOUTHWEST IDEAS INVESTOR CONFERENCE ON NOVEMBER 16TH AND 17TH IN DALLAS, TX

Adams Resources (AE) could be a great choice for investors looking to make a profit from fundamentally strong stocks that are currently on the move. It is one of the several stocks that made it through our "Recent Price Strength" screen.

Adams Resources (AE) Is a Great Choice for "Trend" Investors, Here's Why

Adams Resources (AE) has been upgraded to a Zacks Rank #1 (Strong Buy), reflecting growing optimism about the company's earnings prospects. This might drive the stock higher in the near term.

All You Need to Know About Adams Resources (AE) Rating Upgrade to Strong Buy

EXPANDED AND EXTENDED CREDIT FACILITY, AND NEW TERM LOAN HOUSTON , Nov. 1, 2022 /PRNewswire/ -- Adams Resources & Energy, Inc. (NYSE AMERICAN: AE) ("Adams" or the "Company") today announced the repurchase of all of the shares of Adams common stock owned by KSA Industries, Inc. ("KSA"), the Company's largest stockholder, and members of the family of the late Kenneth Stanley Adams, Jr., the Company's founder, who are affiliated with KSA.  The sellers had previously announced their intention to pursue a sale of their shares in Adams.

ADAMS RESOURCES & ENERGY, INC. ANNOUNCES REPURCHASE OF ALL OUTSTANDING KSA SHARES

Adams Resources & Energy, Inc. participates in commoditized markets with zero moat. The company has been able to generate a profit, albeit below the one required to justify its current price. Adams Resources' accounting is noisy. When noise is removed, a company with more stable profits is revealed.

Adams Resources Is Overvalued On A Historical Basis

HOUSTON , Sept. 14, 2022 /PRNewswire/ -- Adams Resources & Energy, Inc. (NYSE AMERICAN: AE) ("Adams" or the "Company") today announced that Kevin Roycraft, Chief Executive Officer and President of the Company, and Tracy Ohmart, Executive Vice President, Chief Financial Officer & Treasurer of the Company, will present at Singular Research's 2022 Autumn Equinox Webinar on September 14, 2022 at 3:30 pm ET.

News for Adams Resources & Energy Stock (AE)