Adams Resources & Energy, Inc. (AE)

Market Cap	77.00M
Revenue (ttm)	2.75B
Net Income (ttm)	212,000
Shares Out	2.57M
EPS (ttm)	0.08
PE Ratio	375.00
Forward PE	n/a
Dividend	$0.96 (3.20%)
Ex-Dividend Date	Mar 7, 2024

Volume	2,959
Open	29.71
Previous Close	29.26
Day's Range	29.25 - 30.00
52-Week Range	22.67 - 38.60
Beta	0.84
Analysts	Strong Buy
Price Target	50.00 (+66.67%)
Earnings Date	May 7, 2024

About AE

Adams Resources & Energy, Inc., through its subsidiaries, primarily engages in the marketing, transportation, terminalling, and storage of crude oil and other related products in the United States. The company operates through four segments: Crude Oil Marketing, Transportation, Pipeline and Storage, and Logistics and Repurposing. It purchases and sells crude oil to refiners and other customers primarily onshore in Texas, North Dakota, Michigan, Wyoming, Colorado, and Louisiana; owns and operates a fleet of 164 tractor-trailer rigs; and maintain...

• Industry: Oil & Gas Refining & Marketing
• Sector: Energy
• Founded: 1947
• Employees: 741
• Stock Exchange: NYSEAMERICAN
• Ticker Symbol: AE

Financial Performance

In 2023, AE's revenue was $2.75 billion, a decrease of -18.46% compared to the previous year's $3.37 billion. Earnings were $212,000, a decrease of -93.92%.

Analyst Forecast

According to one analyst, the rating for AE stock is "Strong Buy" and the 12-month stock price forecast is $50.0.

Price Target

$50.0

(66.67% upside)

Analyst Consensus: Strong Buy