Adams Resources & Energy, Inc. (AE)

Toddq34 (70.81) Submitted: 5/15/08 12:55 PM : Start Price: $32.74 AE Score: -3.67

Adams Resources & Energy, Inc. (ARE), along with its subsidiaries, are engaged in the business of marketing crude oil, natural gas and petroleum products; tank truck transportation of liquid chemicals, and oil and gas exploration and production. Its subsidiaries include Gulfmark Energy, Inc. (Gulfmark), Adams Resources Marketing, Ltd. (ARM), Ada Resources, Inc. (Ada), Service Transport Company (STC) and Adams Resources Exploration Corporation. Gulfmark purchases crude oil and arranges sales and deliveries to refiners and other customers. ARM operates as a wholesale purchaser, distributor and marketer of natural gas. Ada markets branded and unbranded refined petroleum products, such as motor fuels and lubricants. STC transports liquid chemicals on a for hire basis throughout the continental United States and Canada. Adams Resources Exploration Corporation is engaged in the exploration and development of domestic oil and gas properties primarily along the Louisiana and Texas Gulf Coast.

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