Adams Resources & Energy
About: Adams Resources & Energy Inc is engaged in the crude oil marketing, truck and pipeline transportation of crude oil, and terminalling and storage in various crude oil and natural gas basins. The company operates through four segments: Crude oil marketing, transportation, and storage; Tank truck transportation of liquid chemicals 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.
Employees: 741
0
Funds holding %
of 6,809 funds
–
Analysts bullish %
Fund manager confidence
Based on 2024 Q3 regulatory filings by fund managers ($100M+ AUM)
133% more repeat investments, than reductions
Existing positions increased: 14 | Existing positions reduced: 6
0% more funds holding
Funds holding: 34 [Q2] → 34 (+0) [Q3]
0% more funds holding in top 10
Funds holding in top 10: 1 [Q2] → 1 (+0) [Q3]
0% more first-time investments, than exits
New positions opened: 5 | Existing positions closed: 5
2.16% less ownership
Funds ownership: 55.62% [Q2] → 53.46% (-2.16%) [Q3]
7% less capital invested
Capital invested by funds: $40M [Q2] → $37.1M (-$2.93M) [Q3]
Research analyst outlook
1 Wall Street Analyst provided 1 year price targets over the past 3 months
Low target
$38
2%
upside
Avg. target
$38
2%
upside
High target
$38
2%
upside
1 analyst rating
0 positive
0%
1 neutral
100%
0 negative
0%
B. Riley Securities Liam Burke 33% 1-year accuracy 4 / 12 met price target | 2%upside $38 | Neutral Downgraded | 13 Nov 2024 |
Financial journalist opinion
Neutral
Business Wire
1 month ago
ADAMS RESOURCES INVESTOR ALERT by the Former Attorney General of Louisiana: Kahn Swick & Foti, LLC Investigates Adequacy of Price and Process in Proposed Sale of Adams Resources & Energy, Inc. - AE
NEW ORLEANS--(BUSINESS WIRE)--Former Attorney General of Louisiana Charles C. Foti, Jr., Esq. and the law firm of Kahn Swick & Foti, LLC (“KSF”) are investigating the proposed sale of Adams Resources & Energy, Inc. (NYSE: AE) to an affiliate of Tres Energy LLC. Under the terms of the proposed transaction, shareholders of Adams will receive $38.00 in cash for each share of Adams that they own. KSF is seeking to determine whether this consideration and the process that led to it are adequ.
Neutral
Accesswire
1 month ago
AE Stock Alert: Halper Sadeh LLC is Investigating Whether the Sale of Adams Resources & Energy, Inc. is Fair to Shareholders
NEW YORK CITY, NY / ACCESSWIRE / November 13, 2024 / Halper Sadeh LLC, an investor rights law firm, is investigating whether the sale of Adams Resources & Energy, Inc. (NYSE:AE) to an affiliate of Tres Energy LLC for $38.00 per share in cash is fair to Adams shareholders. Halper Sadeh encourages Adams shareholders to click here to learn more about their legal rights and options or contact Daniel Sadeh or Zachary Halper at (212) 763-0060 or sadeh@halpersadeh.com or zhalper@halpersadeh.com.
Neutral
Accesswire
1 month ago
$HAREHOLDER ALERT: The M&A Class Action Firm Investigates the Merger of Adams Resources & Energy, Inc. - AE
NEW YORK CITY, NY / ACCESSWIRE / November 13, 2024 / Monteverde & Associates PC (the "M&A Class Action Firm"), has recovered millions of dollars for shareholders and is recognized as a Top 50 Firm by ISS Securities Class Action Services Report. We are headquartered at the Empire State Building in New York City and are investigating Adams Resources & Energy, Inc. (NYSE American: AE ), relating to the proposed merger with an affiliate of Tres Energy LLC.
Negative
Zacks Investment Research
1 month ago
Adams Resources & Energy (AE) Reports Q3 Loss, Tops Revenue Estimates
Adams Resources & Energy (AE) came out with a quarterly loss of $1.76 per share versus the Zacks Consensus Estimate of a loss of $0.56. This compares to loss of $0.72 per share a year ago.
Neutral
GlobeNewsWire
1 month ago
SHAREHOLDER ALERT: The M&A Class Action Firm Investigates the Merger of Adams Resources & Energy, Inc. – AE
NEW YORK, Nov. 12, 2024 (GLOBE NEWSWIRE) -- Monteverde & Associates PC (the “M&A Class Action Firm”), has recovered money for shareholders and is recognized as a Top 50 Firm in the 2018-2022 ISS Securities Class Action Services Report. We are headquartered at the Empire State Building in New York City and are investigating Adams Resources & Energy, Inc. (NYSE AMERICAN: AE ), relating to the proposed merger with an affiliate of Tres Energy LLC. Under the terms of the agreement, Adams stockholders will receive $38.00 per share in cash for each share of Adams common stock they own.
Neutral
Business Wire
1 month ago
Shareholder Alert: Ademi LLP Investigates Whether Adams Resources & Energy, Inc. is Obtaining a Fair Price for its Public Shareholders
MILWAUKEE--(BUSINESS WIRE)--Ademi LLP is investigating Adams (NYSE AMERICAN: AE) for possible breaches of fiduciary duty and other violations of law in its transaction with Tres Energy. Click here to learn how to join our investigation and obtain additional information or contact us at gademi@ademilaw.com or toll-free: 866-264-3995. There is no cost or obligation to you. In the transaction, stockholders of Adams will receive only $38.00 per share in an all-cash transaction that values Adams at.
Neutral
Business Wire
1 month ago
AE Stock Alert: Halper Sadeh LLC Is Investigating Whether the Sale of Adams Resources & Energy, Inc. Is Fair to Shareholders
NEW YORK--(BUSINESS WIRE)--Halper Sadeh LLC, an investor rights law firm, is investigating whether the sale of Adams Resources & Energy, Inc. (NYSE: AE) to an affiliate of Tres Energy LLC for $38.00 per share in cash is fair to Adams shareholders. Halper Sadeh encourages Adams shareholders to click here to learn more about their legal rights and options or contact Daniel Sadeh or Zachary Halper at (212) 763-0060 or sadeh@halpersadeh.com or zhalper@halpersadeh.com. The investigation concerns.
Neutral
GlobeNewsWire
1 month ago
Adams Resources & Energy, Inc. to be Acquired by an Affiliate of Tres Energy LLC
HOUSTON, Nov. 12, 2024 (GLOBE NEWSWIRE) -- Adams Resources & Energy, Inc. (NYSE AMERICAN: AE) (“Adams” or the “Company”) announced today that it has entered into a definitive agreement to be acquired by an affiliate of Tres Energy LLC (“Buyer”) in an all-cash transaction that values the Company at a total enterprise value (including bank debt and financial leases) of approximately $138.9 million.
Neutral
GlobeNewsWire
1 month ago
Adams Resources & Energy, Inc. to Release Third Quarter 2024 Earnings and Host Conference Call on November 13
HOUSTON, Nov. 08, 2024 (GLOBE NEWSWIRE) -- Adams Resources & Energy, Inc. (NYSE AMERICAN: AE) (“Adams” or the “Company”), a company engaged in marketing, transportation, logistics and repurposing of crude oil, refined products and dry bulk materials, today announced that it will report third quarter 2024 financial and operational results on November 12, 2024, after the market closes. In addition, the Company will also host its earnings call on November 13th, starting at 9:00 a.m. Eastern Time (8:00 a.m. CT).
Neutral
PRNewsWire
4 months ago
Adams Resources & Energy, Inc. to Present and Host 1x1 Investor Meetings at the 15th Annual Midwest IDEAS Investor Conference on August 29th in Chicago, IL
HOUSTON , Aug. 21, 2024 /PRNewswire/ -- Adams Resources & Energy, Inc. (NYSE AMERICAN: AE) ("Adams" or the "Company") today announced that Kevin Roycraft, Chief Executive Officer, President and Board Member of the Company, and Tracy Ohmart, Executive Vice President, Chief Financial Officer & Treasurer of the Company, will present at the Midwest IDEAS Investor Conference on Thursday, August 29, 2024 at The Gwen, a Luxury Collection Hotel, in Chicago, Illinois. Adams's presentation is scheduled to begin at 3 PM ET.
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