Adams Resources & Energy, Inc - AE

Adams Resources & Energy, Inc., through its subsidiaries, engages in the marketing, transportation, and storage of crude oil; and tank truck transportation of liquid chemicals and dry bulk in the United States. Its Marketing segment purchases crude oil, and arranges sales and deliveries to refiners and other customers primarily onshore in Texas, Oklahoma, North Dakota, Michigan, and Louisiana. This segment operates approximately 144 tractor-trailer rigs and maintains approximately 164 pipeline inventory locations or injection stations. The company’s Transportation segment transports liquid chemicals and dry bulk on a for hire basis in the continental United States and Canada. It operates truck terminals in Houston, Corpus Christi, and Nederland, Texas; Baton Rouge and St. Rose, Louisiana; and Mobile, Alabama. Adams Resources & Energy, Inc. was founded in 1947 and is headquartered in Houston, Texas.