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AE - Adams Resources & Energy Inc.


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AE Profile

Adams Resources & Energy Inc. logo

Adams Resources & Energy, Inc., headquartered in Houston, Texas, operates through its subsidiaries with a focus on various facets of the energy sector across the United States. Founded in 1947, the company is primarily involved in the marketing, transportation, terminalling, and storage of crude oil and natural gas.

The company's operations are segmented into three main areas: 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. Adams Resources & Energy purchases crude oil from various basins including Texas, Oklahoma, North Dakota, Michigan, Wyoming, and Louisiana, facilitating sales and deliveries to refineries and other clients.

Beyond crude oil activities, Adams Resources & Energy also provides comprehensive transportation services. It operates a fleet of 201 tractor-trailer rigs for transporting liquid chemicals, pressurized gases, asphalt, and dry bulk materials throughout the continental United States, with services extending into Canada and Mexico. Additionally, the company manages and operates a robust network of truck terminals strategically located across key regions to support its transportation and logistical operations effectively.

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Stock Sector: Energy: Major Integrated Oil & Gas

 

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