US0063513081 - Common Stock
ADAMS RESOURCES & ENERGY INC
NYSEARCA:AE (4/25/2024, 7:04:01 PM)
29.2
-0.8 (-2.67%)
Adams Resources & Energy, Inc. engages in the business of crude oil marketing, transportation and storage in various crude oil and natural gas basins. The company is headquartered in Houston, Texas and currently employs 882 full-time employees. The company also conducts tank truck transportation of liquid chemicals, pressurized gases, asphalt and dry bulk primarily in the lower 48 states of the United States, with deliveries into Canada and Mexico, and with 19 terminals across the United States. Its segments include crude oil marketing, transportation, and storage; tank truck transportation of liquid chemicals, pressurized gases, asphalt and dry bulk; pipeline transportation, terminalling and storage of crude oil, and interstate bulk transportation logistics of crude oil, condensate, fuels, oils and other petroleum products and recycling and repurposing of off-specification fuels, lubricants, crude oil and other chemicals. Its subsidiaries include GulfMark Energy, Inc., Phoenix Oil, Inc. and GulfMark Terminals, LLC.
ADAMS RESOURCES & ENERGY INC
17 S Briar Hollow Ln
Houston TEXAS 77001
P: 17138813600
CEO: Townes G. Pressler
Employees: 882
Website: https://www.adamsresources.com/
Adams Resources & Energy files prospectus for sale of up to $60M in common stock, clarifying it is not an offer to sell securities.
With many investors concerned about what may lie ahead in the market, these potentially de-risked undervalued stocks may be ideal.
Although the resource market incurred a bit of a slow spell, this opens doors for investors to consider under-the-radar energy stocks.
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