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.

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HOUSTON , Sept. 1, 2022 /PRNewswire/ -- Adams Resources & Energy, Inc. (NYSE AMERICAN: AE) ("Adams" or the "Company") today announces that its subsidiary, Service Transport Company ("Service Transport"), has opened its 20th terminal which is located in the Pittsburgh, PA area.

ADAMS RESOURCES & ENERGY, INC. ANNOUNCES OPENING OF NEW SERVICE TRANSPORT TERMINAL LOCATION

HOUSTON , Aug. 24, 2022 /PRNewswire/ -- Adams Resources & Energy, Inc. (NYSE AMERICAN: AE) ("Adams" or the "Company") today announces that its subsidiary, Victoria Express Pipeline, L.L.C. ("VEX"), will construct a new pipeline connection to Max Midstream Texas, LLC's ("Max Midstream") recently acquired Upper Gulf Coast Pipeline System.

ADAMS RESOURCES & ENERGY, INC. ANNOUNCES VICTORIA EXPRESS PIPELINE CONNECTION

HOUSTON , Aug. 22, 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 Midwest IDEAS Investor Conference on August 25, 2022 at The Gwen in Chicago, IL.  Adams' presentation is scheduled to begin at 9:30 am CT.

ADAMS RESOURCES & ENERGY, INC. TO PRESENT AT THE 13TH ANNUAL MIDWEST IDEAS INVESTOR CONFERENCE ON AUGUST 24TH AND 25TH IN CHICAGO, IL

HOUSTON , Aug. 15, 2022 /PRNewswire/ -- Adams Resources & Energy, Inc. (NYSE AMERICAN: AE) ("Adams" or the "Company") today announces that one of its subsidiaries, GulfMark Asset Holdings, Inc., has completed the purchase of Firebird Bulk Carriers, Inc. ("Firebird") and Phoenix Oil, Inc. ("Phoenix") for an aggregate purchase price of approximately $33 million, consisting of approximately $32 million in cash and $0.5 million of Adams Resources & Energy, Inc. common stock. Firebird Bulk Carriers is an interstate bulk motor carrier of crude oil, condensate, fuels, oils and other petroleum products.

ADAMS RESOURCES & ENERGY, INC. COMPLETES ACQUISITION OF PHOENIX OIL AND FIREBIRD BULK CARRIERS

HOUSTON , Aug. 12, 2022 /PRNewswire/ -- Adams Resources & Energy, Inc. (NYSE AMERICAN: AE) ("Adams" or the "Company") today announced that it signed an amended and restated senior secured revolving credit facility. The agreement increases the Company's credit facility from $40 million to $60 million and extends the maturity from May 2024 to August 2025.

ADAMS RESOURCES & ENERGY, INC. ANNOUNCES AMENDED AND RESTATED SENIOR SECURED REVOLVING CREDIT FACILITY

Adams Resources (AE) delivered earnings and revenue surprises of 11.29% and 26.28%, respectively, for the quarter ended June 2022. Do the numbers hold clues to what lies ahead for the stock?

Adams Resources & Energy (AE) Q2 Earnings and Revenues Top Estimates

HOUSTON , Aug. 11, 2022 /PRNewswire/ -- Adams Resources & Energy, Inc. (NYSE AMERICAN: AE) ("Adams" or the "Company") today announces operational and financial results for the three months ended June 30, 2022 and declares a quarterly cash dividend of $0.24 per common share.  Q2 2022 Financial Highlights Net earnings of $2.5 million, or $0.56 per diluted common share, on revenues of $992.1 million for the second quarter of 2022, compared to net earnings of $4.7 million, or $1.10 per diluted common share, on revenues of $486.7 million for the second quarter of 2021.

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

Adams Resources (AE) saw its shares surge in the last session with trading volume being higher than average. The latest trend in earnings estimate revisions may not translate into further price increase in the near term.

Adams Resources (AE) Soars 6%: Is Further Upside Left in the Stock?

Here at Zacks, our focus is on the proven Zacks Rank system, which emphasizes earnings estimates and estimate revisions to find great stocks. Nevertheless, we are always paying attention to the latest value, growth, and momentum trends to underscore strong picks.

Is Adams Resources & Energy (AE) a Great Value Stock Right Now?

HOUSTON , June 20, 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 participate in the virtual East Coast IDEAS Investor Conference on June 22 & 23, 2022.  Adams' presentation is scheduled to be available at 6:00 am ET on June 22nd and will be accessible through the conference site.

ADAMS RESOURCES & ENERGY, INC. TO PRESENT VIRTUALLY AND HOST 1x1 INVESTOR MEETINGS AT THE 12TH ANNUAL EAST COAST IDEAS INVESTOR CONFERENCE ON JUNE 22ND & 23RD

HOUSTON, May 16, 2022 /PRNewswire/ -- Adams Resources & Energy, Inc. (NYSE AMERICAN: AE) ("Adams" or the "Company") today announced operational and financial results for the three months ended March 31, 2022 and declared a quarterly cash dividend of $0.24 per common share.  Reported net earnings of $6.1 million, or $1.39 per diluted common share, on revenues of $774.2 million for the first quarter of 2022, compared to net earnings of $2.8 million, or $0.66 per diluted common share, on revenues of $325.5 million for the first quarter of 2021.

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

HOUSTON , April 28, 2022 /PRNewswire/ -- Adams Resources & Energy, Inc. (NYSE AMERICAN: AE) ("Adams" or the "Company") today announced that Service Transport Company ("Service Transport") – Adams' liquid chemicals, pressurized gases, asphalt and dry bulk transportation subsidiary – was recently presented with the tank truck industry's highest safety award at the National Tank Truck Carriers ("NTTC") 2022 Annual Conference held April 23-26, 2022, in San Diego, California.  Service Transport claimed NTTC's coveted Heil Trophy in the Harvison division, which spotlights carriers whose trucks traveled more than 15 million miles last year.

SERVICE TRANSPORT COMPANY WINS TANK TRUCK INDUSTRY'S MOST PRESTIGIOUS SAFETY AWARD

HOUSTON, March 8, 2022 /PRNewswire/ -- Adams Resources & Energy, Inc. (NYSE AMERICAN: AE) ("Adams" or the "Company") today announced operational and financial results for the three months and year ended December 31, 2021.  Fourth Quarter 2021 Financial Highlights Reported net earnings of $2.8 million, or $0.64 per diluted common share, on revenues of $644.8 million for the fourth quarter of 2021, compared to $5.8 million, or $1.38 per diluted common share, on revenues of $249.8 million for the fourth quarter of 2020.

ADAMS RESOURCES & ENERGY, INC. ANNOUNCES RESULTS FOR FOURTH QUARTER AND FULL YEAR 2021

HOUSTON, Nov. 4, 2021 /PRNewswire/ -- Adams Resources & Energy, Inc. (NYSE AMERICAN: AE) ("Adams" or the "Company") today announced operational and financial results for the three months ended September 30, 2021 and declared a quarterly cash dividend of $0.24 per common share.  Reported net earnings of $1.5 million, or $0.36 per diluted common share, on revenues of $568.2 million for the third quarter of 2021, compared to $3.1 million, or $0.72 per diluted common share, on revenues of $266.9 million for the third quarter of 2020.

Adams Resources & Energy, Inc. Announces Results For Third Quarter 2021 And Declares Quarterly Dividend

HOUSTON, Oct. 26, 2021 /PRNewswire/ -- Adams Resources & Energy, Inc. (NYSE AMERICAN: AE) ("Adams" or the "Company") today announced that Kevin Roycraft, Chief Executive Officer and President, and Tracy Ohmart, Chief Financial Officer, will present at a Singular Research 2021 Webinar on October 27, 2021 at 3 p.m. ET.  The presentation will be available online via a webinar.

Adams Resources & Energy, Inc. To Present At Singular Research Webinar

HOUSTON, Aug. 12, 2021 /PRNewswire/ -- Adams Resources & Energy, Inc. (NYSE AMERICAN: AE) ("Adams" or the "Company") today announced operational and financial results for the three months ended June 30, 2021 and declared a quarterly cash dividend of $0.24 per common share.  Reported net earnings of $4.7 million, or $1.10 per diluted common share, on revenues of $486.7 million for the second quarter of 2021, compared to $3.5 million, or $0.82 per diluted common share, on revenues of $152.3 million for the second quarter of 2020.

Adams Resources & Energy, Inc. Announces Results For Second Quarter 2021 And Declares Quarterly Dividend

HOUSTON, May 6, 2021 /PRNewswire/ -- Adams Resources & Energy, Inc. (NYSE AMERICAN: AE) ("Adams" or the "Company") today announced operational and financial results for the three months ended March 31, 2021 and declared a quarterly cash dividend of $0.24 per common share.  Reported net earnings of $2.8 million, or $0.66 per diluted common share, on revenues of $325.5 million for the first quarter of 2021, compared to a net loss of $11.4 million, or a loss of $2.69 per diluted common share, on revenues of $353.5 million for the first quarter of 2020.

Adams Resources & Energy, Inc. Announces Results For First Quarter 2021 And Declares Quarterly Dividend

HOUSTON, March 4, 2021 /PRNewswire/ -- Adams Resources & Energy, Inc. (NYSE AMERICAN: AE) ("Adams" or the "Company") today announced operational and financial results for the three months and year ended December 31, 2020. Fourth Quarter 2020 Financial Highlights Generated net earnings of...

Adams Resources & Energy, Inc. Announces Results For Fourth Quarter And Full Year 2020

Improving outlook for oil prices dictate Adams Resources as a great play for post-COVID vaccinations.

Adams Resources & Energy: An Asymmetrical Bet On Crude Oil Prices

How do you pick the next stock to invest in? One way would be to spend days of research browsing through thousands of publicly traded companies. However, an easier way is to look at the stocks that smart money investors are collectively bullish on. Hedge funds and other institutional investors usually invest large amounts of capital and have to conduct due diligence while choosing their next pick. They don't always get it right, but, on average, their stock picks historically generated strong returns after adjusting for known risk factors. With this in mind, let's take a look at the recent hedge fund activity surrounding Adams Resources & Energy Inc (NYSE:AE).

Is Adams Resources & Energy Inc (AE) A Good Stock To Buy?

AE rebounded quickly from March lows after briefly dipping well below its cash balance.

Adams Resources: Snapback Rally Moves The Focus Back To Management

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