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Wednesday, October 18, 2017

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AE Adams Resources & Energy, Inc. gains 18% Oct 18, 2017

Adams Resources & Energy, Inc., through its subsidiaries, engages in the business of crude oil marketing, tank truck transportation of liquid chemicals, and oil and gas exploration and production in the United States. Its Marketing segment purchases crude oil, and arranges sales and deliveries to refiners and other customers in Texas and Louisiana with additional operations in Michigan and North Dakota. This segment operates 207 tractor-trailer rigs and maintains approximately 120 pipeline inventory locations. The company's Transportation segment transports liquid chemicals on a for hire basis in the continental United States and Canada. This segment operates 324 truck tractors; and truck terminals in Houston, Corpus Christi, Nederland, and Texas, as well as Baton Rouge, Louisiana, St. Rose, Louisiana and Mobile, and Alabama. It also owns and operates 580 tank trailers. The company's Oil and Gas segment explores for and develops oil and natural gas properties primarily in Texas and the south central region of the United States. This segment holds an interest in 513 producing wells, under which 26 are company operated. Adams Resources & Energy, Inc. was founded in 1947 and is headquartered in Houston, Texas. http://www.priceseries.com/trade/AE-Adams-Resources-&-Energy-Inc-stock-gains-18-percent-a-Trade-Record-by-priceSeries-2017092120171018.html

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