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QQQ   409.52
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NYSE:AE

Adams Resources & Energy (AE) Stock Price, News & Analysis

$26.18
+1.02 (+4.05%)
(As of 12/29/2023 ET)
Today's Range
$24.99
$26.18
50-Day Range
$25.16
$32.80
52-Week Range
$24.99
$61.84
Volume
15,135 shs
Average Volume
6,543 shs
Market Capitalization
$66.65 million
P/E Ratio
N/A
Dividend Yield
3.67%
Price Target
$50.00

Adams Resources & Energy MarketRank™ Stock Analysis

Analyst Rating
Buy
3.00 Rating Score
Upside/​Downside
91.0% Upside
$50.00 Price Target
Short Interest
N/A
Dividend Strength
Weak
Based on Four Factors
Sustainability
N/A
News Sentiment
N/A
Insider Trading
Acquiring Shares
$1,032 Bought Last Quarter
Proj. Earnings Growth
Growing
From ($2.21) to ($0.22) Per Share

Overall MarketRank

MarketRank is calculated as an average of available category scores, with extra weight given to analysis and valuation.

2.57 out of 5 stars

Oils/Energy Sector

61st out of 233 stocks

Petroleum Products, Not Elsewhere Classified Industry

1st out of 3 stocks


AE stock logo

About Adams Resources & Energy Stock (NYSE:AE)

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 crude oil and arranges sales and deliveries to refiners and other customers primarily onshore in Texas, Oklahoma, North Dakota, Michigan, Wyoming, and Louisiana; and owns and operates tractor-trailer rigs and maintains pipeline inventory locations or injection stations. The company also transports liquid chemicals, pressurized gases, asphalt, and dry bulk on a for hire basis in the continental United States, and into Canada and Mexico; and operates truck terminals in Houston, Corpus Christi, Nederland, Freeport, Baton Rouge, St. Rose, Boutte, Sterlington, Jacksonville, Tampa, Atlanta, Augusta, Alabama, North Carolina, Ohio, West Virginia, Arkansas, East St. Louis, Joliet, and Pennsylvania. 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.

AE Stock Price History

AE Stock News Headlines

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Company Calendar

Last Earnings
11/08/2023
Ex-Dividend for 12/15 Dividend
11/30/2023
Dividend Payable
12/15/2023
Today
12/31/2023
Fiscal Year End
12/31/2023
Next Earnings (Estimated)
3/13/2024

Industry, Sector and Symbol

Industry
Petroleum products, not elsewhere classified
Sub-Industry
N/A
CIK
2178
Employees
882
Year Founded
N/A

Price Target and Rating

Average Stock Price Target
$50.00
High Stock Price Target
$50.00
Low Stock Price Target
$50.00
Potential Upside/Downside
+91.0%
Consensus Rating
Buy
Rating Score (0-4)
3.00
Research Coverage
1 Analysts

Profitability

Net Income
$3.49 million
Pretax Margin
-0.27%

Debt

Sales & Book Value

Annual Sales
$3.37 billion
Cash Flow
$10.56 per share
Book Value
$37.99 per share

Miscellaneous

Free Float
2,498,000
Market Cap
$66.76 million
Optionable
Not Optionable
Beta
0.77
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Key Executives

  • Mr. Kevin J. Roycraft (Age 53)
    CEO, President & Director
    Comp: $733.41k
  • Mr. Tracy E. Ohmart (Age 55)
    Executive VP, CFO & Treasurer
    Comp: $525.51k
  • Mr. Wade M. Harrison (Age 48)
    President of Service Transport Company
    Comp: $491.38k
  • Mr. Greg L. Mills (Age 61)
    President of GulfMark Energy, Inc
    Comp: $581.93k
  • Mike Leggio
    Chief Operating Officer
  • Mr. David B. Hurst (Age 70)
    Corporate Secretary














AE Stock Analysis - Frequently Asked Questions

Should I buy or sell Adams Resources & Energy stock right now?

1 Wall Street equities research analysts have issued "buy," "hold," and "sell" ratings for Adams Resources & Energy in the last twelve months. There are currently 1 buy rating for the stock. The consensus among Wall Street equities research analysts is that investors should "buy" AE shares.
View AE analyst ratings
or view top-rated stocks.

What is Adams Resources & Energy's stock price target for 2024?

1 analysts have issued 1-year price targets for Adams Resources & Energy's shares. Their AE share price targets range from $50.00 to $50.00. On average, they predict the company's share price to reach $50.00 in the next twelve months. This suggests a possible upside of 91.0% from the stock's current price.
View analysts price targets for AE
or view top-rated stocks among Wall Street analysts.

How have AE shares performed in 2023?

Adams Resources & Energy's stock was trading at $35.40 at the start of the year. Since then, AE stock has decreased by 26.0% and is now trading at $26.18.
View the best growth stocks for 2023 here
.

When is Adams Resources & Energy's next earnings date?

The company is scheduled to release its next quarterly earnings announcement on Wednesday, March 13th 2024.
View our AE earnings forecast
.

How were Adams Resources & Energy's earnings last quarter?

Adams Resources & Energy, Inc. (NYSE:AE) announced its quarterly earnings data on Wednesday, November, 8th. The company reported ($0.87) EPS for the quarter, missing the consensus estimate of ($0.28) by $0.59. The firm had revenue of $760.61 million for the quarter, compared to analysts' expectations of $700.06 million. Adams Resources & Energy had a negative net margin of 0.22% and a negative trailing twelve-month return on equity of 8.35%.

How often does Adams Resources & Energy pay dividends? What is the dividend yield for Adams Resources & Energy?

Adams Resources & Energy announced a quarterly dividend on Wednesday, November 8th. Shareholders of record on Friday, December 1st will be given a dividend of $0.24 per share on Friday, December 15th. This represents a $0.96 annualized dividend and a yield of 3.67%. The ex-dividend date of this dividend is Thursday, November 30th.
Read our dividend analysis for AE
.

Is Adams Resources & Energy a good dividend stock?

Adams Resources & Energy (NYSE:AE) pays an annual dividend of $0.96 per share and currently has a dividend yield of 3.82%.
Read our dividend analysis for AE.

How do I buy shares of Adams Resources & Energy?

Shares of AE stock can be purchased through any online brokerage account. Popular online brokerages with access to the U.S. stock market include Charles Schwab, E*TRADE, Fidelity, and Vanguard Brokerage Services.
Compare Top Brokerages Here.

This page (NYSE:AE) was last updated on 12/31/2023 by MarketBeat.com Staff

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