Adams Resources: Q2 Earnings Snapshot
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HOUSTON (AP) — HOUSTON (AP) — Adams Resources & Energy Inc. (AE) on Wednesday reported second-quarter earnings of $827,000.
The Houston-based company said it had net income of 32 cents per share. Losses, adjusted for one-time gains and costs, came to 23 cents per share.
The oil and gas company posted revenue of $624.8 million in the period.
Adams Resources shares have declined 10% since the beginning of the year. In the final minutes of trading on Wednesday, shares hit $34.85, an increase of 4% in the last 12 months.
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This story was generated by Automated Insights (http://automatedinsights.com/ap) using data from Zacks Investment Research. Access a Zacks stock report on AE at https://www.zacks.com/ap/AE
