Adams Resources & Energy (AE)

Company Profile

Adams Resources & Energy, Inc. is primarily engaged in the business of crude oil marketing, transportation and storage and tank truck transportation of liquid chemicals and dry bulk through its two subsidiaries, GulfMark Energy, Inc. and Service Transport Company, respectively.

Company profile

Ticker

Exchange

NYSEAMERICAN

Website

www.adamsresources.com

CEO

Kevin Roycraft

Incorporated

Delaware

Location

Texas

Fiscal year end

Dec 31

Sector

Wholesale Trade > Petroleum and Petroleum Products Merchant Wholesalers (except Bulk Stations and Terminals)

Industry (SIC)

Wholesale - Petroleum & Petroleum Products (No Bulk Stations)

Macquarie Infrastructure • World Fuel Services • CrossAmerica Partners • CBL International • Mitsui & CO • CW Petroleum ...

Former names

ADAMS RESOURCES & ENERGY INC

SEC CIK

0000002178

Corporate docs

Articles of Incorporation & Bylaws

Underwriting Agreements

Plans of Reorganization

Indentures

Material Contracts & Credit Agreements

Subsidiaries Lists

Subsidiaries

Service Transport Company • Ada Crude Oil Company • Ada Mining Corporation • Classic Coal Corporation • GulfMark Energy, Inc. • Adams Resources Medical Management, Inc. • Ada Resources, Inc. • Red River Vehicle Holdings LLC • Victoria Express Pipeline L.L.C. • GulfMark Terminals, LLC ...

IRS number

741753147

AE stock data

1M 1Y 5Y

Latest filings (excl ownership)

View all

8-K

Submission of Matters to a Vote of Security Holders

9 May 23

Adams Resources & Energy, Inc. Announces First Quarter 2023 Results and Declares Quarterly Dividend

9 May 23

ARS

2022 FY

Annual report to shareholders

3 Apr 23

16 Mar 23

Adams Resources & Energy, Inc. Announces Fourth Quarter and Full Year 2022 Results

15 Mar 23

8-K

Adams Resources & Energy, Inc. Announces Quarterly Cash Dividend

10 Nov 22

Adams Resources & Energy, Inc. Announces Third Quarter 2022 Results and Declares Quarterly Dividend

10 Nov 22

Transcripts

Earnings call transcript

2017 Q3

11 Nov 17

Latest ownership filings

View all

Financial summary

Financial statements Chart AE financial data

Quarter (USD)	Mar 23	Dec 22	Sep 22	Jun 22
Revenue
Cost of revenue
Operating income
Operating margin
Net income
Net profit margin
Cash on hand
Change in cash
Diluted EPS

Annual (USD)	Dec 22	Dec 21	Dec 20	Dec 19
Revenue
Cost of revenue
Operating income
Operating margin
Net income
Net profit margin
Cash on hand
Change in cash
Diluted EPS

Cash burn rate (est.)	Burn method: Change in cash		Burn method: Operating income		Burn method: FCF (opex + capex)
	Last Q	Avg 4Q	Last Q	Avg 4Q	Last Q	Avg 4Q
Cash on hand (at last report)	50.98 mm	50.98 mm	50.98 mm	50.98 mm	50.98 mm	50.98 mm
Cash burn (monthly)	(no burn)	4.76 mm	1.04 mm	481.25 k	(no burn)	(no burn)
Cash used (since last report)	n/a	10.58 mm	2.31 mm	1.07 mm	n/a	n/a
Cash remaining	n/a	40.40 mm	48.67 mm	49.91 mm	n/a	n/a
Runway (months of cash)	n/a	8.5	46.8	103.7	n/a	n/a

Beta Read what these cash burn values mean

Financial data from company earnings reports.

Institutional ownership, Q4 2022

AE institutional ownership history Ownership history

58.9% owned by funds/institutions

13F holders	Current	Prev Q	Change
Total holders	45	30	+50.0%
Opened positions	18	2	+800.0%
Closed positions	3	6	-50.0%
Increased positions	8	9	-11.1%
Reduced positions	13	11	+18.2%

13F shares	Current	Prev Q	Change
Total value	32.00 bn	111.33 mm	+28640.4%
Total shares	1.49 mm	3.20 mm	-53.3%
Total puts	0.00	0.00
Total calls	0.00	0.00
Total put/call ratio	–	–	–

Largest owners	Shares	Value	Change
Dimensional Fund Advisors	315.89 k	$12.30 mm	-1.5%
Renaissance Technologies	212.06 k	$8.25 mm	-5.3%
FMR	198.65 k	$7.73 bn	-6.3%
Aegis Financial	142.16 k	$5.53 bn	NEW
WFC Wells Fargo & Co.	106.00 k	$4.13 bn	-1.3%
Needham Investment Management	90.50 k	$3.52 bn	+84.7%
BLK Blackrock	78.58 k	$3.06 bn	+0.7%
Bridgeway Capital Management	60.60 k	$2.36 bn	0.0%
Wittenberg Investment Management	31.46 k	$1.22 mm	-17.8%
Vanguard	27.27 k	$1.06 bn	-71.5%

Largest transactions	Shares	Bought/sold	Change
KSA Industries	0.00	-1.73 mm	EXIT
Aegis Financial	142.16 k	+142.16 k	NEW
Monticello Wealth Management	0.00	-75.71 k	EXIT
Vanguard	27.27 k	-68.49 k	-71.5%
Needham Investment Management	90.50 k	+41.50 k	+84.7%
BK Bank Of New York Mellon	6.54 k	-33.33 k	-83.6%
CM Management	0.00	-15.00 k	EXIT
FMR	198.65 k	-13.36 k	-6.3%
Renaissance Technologies	212.06 k	-11.90 k	-5.3%
HRT Financial	11.72 k	+11.72 k	NEW

Data from 13F filings, for the last complete 13F reporting period. For most recent data, click the ownership history button. Values as filed, not updated for current price. Long positions only.

Recent insider trades

AE insider ownership history Insider history

Date	Owner	Security	Transaction	Code	Indirect	10b5-1	$Price	#Shares	$Value	#Remaining
22 May 23	Dominic Dennis E.	Common stock	Buy	Acquire P	No	No	33.77	1,000	33.77 k	3,886
16 May 23	Pressler Townes G.	Common stock	Buy	Acquire P	No	No	34	177	6.02 k	8,951
12 May 23	Ohmart Tracy E	Common stock	Buy	Acquire P	No	No	33.5	100	3.35 k	6,449
31 Mar 23	Kevin J. Roycraft	Common stock	Buy	Acquire P	No	No	37.96	280	10.63 k	7,428
28 Mar 23	Harrison Wade M	Common stock	Buy	Acquire P	No	No	37.825	23	869.98	2,263