Company Description
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 maintains pipeline inventory locations and injection stations.
The company also transports liquid chemicals, pressurized gases, asphalt, and dry bulk on a hire basis in the United States, Canada, and Mexico; and operates truck terminals in Houston, Corpus Christi, Nederland, Freeport, Baton Rouge, St. Rose, Sterlington, Jacksonville, Tampa, Augusta, Mobile, Charlotte, Cincinnati, South Charleston, Memphis, East St. Louis, and Joliet.
In addition, it operates crude oil and condensate pipeline system, which connects the Eagle Ford Basin to the Gulf Coast waterborne market; and transports crude oil, condensate, fuels, oils, and other petroleum products on a for hire basis in the Eagle Ford basin.
The company was founded in 1947 and is headquartered in Houston, Texas.
| Country | United States |
| Founded | 1947 |
| Industry | Oil & Gas Refining & Marketing |
| Sector | Energy |
| Employees | 741 |
| CEO | Kevin J. Roycraft |
Contact Details
Address: 17 S. Briar Hollow Ln. Houston, Texas 77027 United States | |
| Phone | 713-881-3600 |
| Website | adamsresources.com |
Stock Details
| Ticker Symbol | AE |
| Exchange | NYSEAMERICAN |
| Fiscal Year | January - December |
| Reporting Currency | USD |
| CIK Code | 0000002178 |
| CUSIP Number | 006351308 |
| ISIN Number | US0063513081 |
| Employer ID | 74-1753147 |
| SIC Code | 5172 |
Key Executives
| Name | Position |
|---|---|
| Kevin J. Roycraft | Chief Executive Officer, President and Director |
| Tracy E. Ohmart | Executive Vice President, Chief Financial Officer and Treasurer |
| Wade M. Harrison | President of Service Transport Company |
| Greg L. Mills | President of GulfMark Energy, Inc |
| Mike Leggio | Chief Operating Officer |
| David B. Hurst | Corporate Secretary |
Latest SEC Filings
| Date | Type | Title |
|---|---|---|
| Apr 1, 2024 | ARS | Filing |
| Apr 1, 2024 | DEF 14A | Other definitive proxy statements |
| Mar 13, 2024 | 10-K | Annual Report |
| Mar 13, 2024 | 8-K | Current Report |
| Feb 21, 2024 | 8-K | Current Report |
| Feb 14, 2024 | SC 13G/A | [Amend] Statement of acquisition of beneficial ownership by individuals |
| Feb 13, 2024 | SC 13G/A | [Amend] Statement of acquisition of beneficial ownership by individuals |
| Feb 9, 2024 | SC 13G/A | [Amend] Statement of acquisition of beneficial ownership by individuals |
| Feb 9, 2024 | SC 13G/A | [Amend] Statement of acquisition of beneficial ownership by individuals |
| Feb 8, 2024 | SC 13G/A | [Amend] Statement of acquisition of beneficial ownership by individuals |