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Adams Resources & Energy (AE) Reports Q3 Loss, Tops Revenue Estimates
ZACKS· 2024-11-13 00:10
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. These figures are adjusted for non-recurring items.This quarterly report represents an earnings surprise of -214.29%. A quarter ago, it was expected that this oil and gas company would post a loss of $0.21 per share when it actually produced a loss of $0.87, delivering a surprise of -314.29%.Over the last four quarters, t ...
SHAREHOLDER ALERT: The M&A Class Action Firm Investigates the Merger of Adams Resources & Energy, Inc. – AE
GlobeNewswire News Room· 2024-11-12 22:02
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 receiv ...
AE(AE) - 2024 Q3 - Quarterly Report
2024-11-12 21:57
Table of Contents Title of each class Trading Symbol(s) Name of each exchange on which registered Common Stock, $0.10 Par Value AE NYSE American LLC UNITED STATES SECURITIES AND EXCHANGE COMMISSION WASHINGTON, D. C. 20549 FORM 10-Q (Mark One) ☑ QUARTERLY REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 For the quarterly period ended September 30, 2024 OR ☐ TRANSITION REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 For the transition period from ___ ...
AE(AE) - 2024 Q3 - Quarterly Results
2024-11-12 21:18
Exhibit 99.1 FOR IMMEDIATE RELEASE Adams Resources & Energy, Inc. Announces Third Quarter 2024 Results and Declares Quarterly Dividend Houston, Texas (Tuesday, November 12, 2024) -- 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 operational and financial results for the quarter ended September 30, 2024. The Company also declared a qu ...
Adams Resources & Energy, Inc. to be Acquired by an Affiliate of Tres Energy LLC
GlobeNewswire News Room· 2024-11-12 14:05
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. Under the terms of the agreement, Adams stockholders will receive $38.00 per share in cash for each share of Ada ...
Adams Resources & Energy, Inc. to Release Third Quarter 2024 Earnings and Host Conference Call on November 13
GlobeNewswire News Room· 2024-11-08 21:05
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) ...
AE(AE) - 2024 Q2 - Earnings Call Transcript
2024-08-10 18:29
Adams Resources & Energy, Inc (NYSE:AE) Q2 2024 Earnings Call August 8, 2024 2:00 PM ET Company Participants John Beisler - Investor Relations Kevin Roycraft - President and Chief Executive Officer Tracy Ohmart - Executive Vice President and Chief Financial Officer Conference Call Participants Chris Sakai - Singular Research Operator Good afternoon, everyone. Welcome to the Adams Resources & Energy Second Quarter 2024 Financial Results Conference Call. [Operator Instructions] As a reminder, this conference ...
Adams Resources & Energy (AE) Reports Q2 Loss, Tops Revenue Estimates
ZACKS· 2024-08-07 22:50
Adams Resources & Energy (AE) came out with a quarterly loss of $0.87 per share versus the Zacks Consensus Estimate of a loss of $0.21. This compares to loss of $0.23 per share a year ago. These figures are adjusted for non-recurring items.This quarterly report represents an earnings surprise of -314.29%. A quarter ago, it was expected that this oil and gas company would post a loss of $0.22 per share when it actually produced a loss of $0.19, delivering a surprise of 13.64%.Over the last four quarters, the ...
AE(AE) - 2024 Q2 - Quarterly Report
2024-08-07 21:20
Table of Contents UNITED STATES SECURITIES AND EXCHANGE COMMISSION WASHINGTON, D. C. 20549 FORM 10-Q (Mark One) ☑ QUARTERLY REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 For the quarterly period ended June 30, 2024 OR ☐ TRANSITION REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 For the transition period from ___ to ___. Commission file number: 1-07908 ADAMS RESOURCES & ENERGY, INC. (Exact Name of Registrant as Specified in Its Charter) Delaware 7 ...
AE(AE) - 2024 Q2 - Quarterly Results
2024-08-07 20:07
Exhibit 99.1 FOR IMMEDIATE RELEASE Adams Resources & Energy, Inc. Announces Second Quarter 2024 Results and Declares Quarterly Dividend Houston, Texas (Wednesday, August 7, 2024) -- 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 operational and financial results for the quarter ended June 30, 2024. The Company also declared a quarter ...