ADAMS RESOURCES & ENERGY INC
Updated: Jun 3
Adams Resources & Energy Inc. is a Houston-based company that is engaged in the marketing, transportation, and storage of crude oil and other energy products. The company is publicly traded on the NYSE under the ticker symbol "AE" and has a market capitalization of over $300 million.
Adams Resources & Energy was founded in 1947 and has a long history of providing high-quality energy products and services to customers across the United States. The company operates through two primary subsidiaries, GulfMark Energy, Inc. and Service Transport Company, which are focused on the transportation and storage of crude oil and other energy products.
One of the key strengths of Adams Resources & Energy is its focus on customer service. The company is dedicated to providing its customers with high-quality energy products and services that meet their specific needs. Adams Resources & Energy has a team of experienced professionals who work closely with customers to ensure that they receive the products and services that they require.
Another key strength of Adams Resources & Energy is its expertise in logistics and transportation. The company's subsidiary, Service Transport Company, operates a fleet of modern, well-maintained trucks and trailers that are capable of transporting a range of energy products, including crude oil, natural gas liquids, and refined products. Service Transport Company also provides storage and handling services for energy products, helping to ensure that customers have access to reliable and efficient transportation and storage solutions.
Adams Resources & Energy has also demonstrated a commitment to sustainability and environmental responsibility. The company has implemented a range of initiatives and programs to reduce its environmental impact, including the use of advanced technologies to improve energy efficiency and reduce emissions. Adams Resources & Energy also participates in community outreach programs and charitable initiatives, reflecting its commitment to making a positive impact in the communities in which it operates.
In recent years, Adams Resources & Energy has also been actively exploring new investment opportunities. The company has made several strategic acquisitions in the energy industry, which helps to diversify its portfolio and provide exposure to new and innovative technologies. This focus on innovation and new investment opportunities helps to ensure that Adams Resources & Energy remains at the forefront of the energy industry.
Adams Resources & Energy is a company that is dedicated to providing high-quality energy products and services to customers across the United States. With a focus on customer service, logistics and transportation, sustainability, and innovation, Adams Resources & Energy is well-positioned to continue to grow and provide top-quality service to its customers for many years to come.