Adams Resources & EnergyAE
Market Cap: $58.6M
About: Adams Resources & Energy Inc is engaged in the business of crude oil marketing, tank truck transportation of liquid chemicals and dry bulk, and oil and gas exploration and production. The company operates through four business segments: Crude oil marketing segment offers crude oil marketing, and generates major revenue; Transportation segment includes tank truck transportation of liquid chemicals, pressurized gases, asphalt, and dry bulk; Pipeline and storage segment includes pipeline transportation, terminalling, and storage of crude oil; and Logistics and repurposing segment offers 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
Fund manager confidence
Based on 2024 Q2 SEC filings by fund managers ($100M+ AUM)
133% more first-time investments, than exits
New positions opened: 7 | Existing positions closed: 3
13% more funds holding
Funds holding: 30 [Q1] → 34 (+4) [Q2]
1.61% less ownership
Funds ownership: 57.11% [Q1] → 55.5% (-1.61%) [Q2]
6% less capital invested
Capital invested by funds: $42.5M [Q1] → $39.9M (-$2.6M) [Q2]
77% less repeat investments, than reductions
Existing positions increased: 3 | Existing positions reduced: 13
Research analyst outlook
We haven’t received any recent analyst ratings for AE.