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Adams Resources & Energy Inc. (AE)

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Adams Resources & Energy Inc.
17 South Briar Hollow Lane
Suite 100
Houston, TX 77027
United States - Map
Phone: 713-881-3600

Index Membership:N/A
Sector:Basic Materials
Industry:Oil & Gas Refining & Marketing
Full Time Employees:870

Business Summary 

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. The company’s 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 205 tractor-trailer rigs and maintains approximately 121 pipeline inventory locations. Its Transportation segment transports liquid chemicals on a hire basis in the continental United States and Canada. This segment operates 308 truck tractors; and truck terminals in Houston, Corpus Christi, Nederland, and Texas, as well as Baton Rouge, Louisiana and Mobile, and Alabama. It also owns and operates 509 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 514 producing wells, under which 29 are company operated. Adams Resources & Energy, Inc. was founded in 1947 and is headquartered in Houston, Texas.

Key Statistics

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Corporate Governance 
Adams Resources & Energy Inc.’s ISS Governance QuickScore as of Feb 1, 2016 is 5. The pillar scores are Audit: 2; Board: 9; Shareholder Rights: 6; Compensation: 2.
Brought to you by Institutional Shareholder Services (ISS)

Key Executives 
Mr. Thomas Stuart Smith , 65
Chairman, Chief Exec. Officer and Pres
Mr. Richard B. Abshire , 63
Chief Financial Officer and VP
Ms. Sharon C. Davis , 56
Chief Operating Officer, Chief Accounting Officer, Exec. VP and Treasurer
Mr. David B. Hurst , 63
Mr. John A. Barrett , 78
Non Voting Advisory Member of the Board
Amounts are as of Dec 31, 2014 and compensation values are for the last fiscal year ending on that date. Pay is salary, bonuses, etc.Exercised is the value of options exercised during the fiscal year.
Currency in USD.
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