Adams Resources & Energy (NYSEAMERICAN:AE – Get Rating) posted its quarterly earnings results on Monday. The energy company reported $1.39 EPS for the quarter, beating the consensus estimate of $0.23 by $1.16, Fidelity Earnings reports. Adams Resources & Energy had a net margin of 0.91% and a return on equity of 2.06%.
Shares of NYSEAMERICAN:AE traded down $0.13 during trading on Wednesday, hitting $34.34. 4,862 shares of the company traded hands, compared to its average volume of 8,894. The company has a quick ratio of 1.38, a current ratio of 1.52 and a debt-to-equity ratio of 0.15. The stock has a fifty day simple moving average of $36.45. The company has a market capitalization of $150.00 million, a PE ratio of 9.84 and a beta of 0.99. Adams Resources & Energy has a one year low of $25.46 and a one year high of $39.89.
The firm also recently disclosed a quarterly dividend, which will be paid on Friday, June 17th. Investors of record on Friday, June 3rd will be paid a dividend of $0.24 per share. The ex-dividend date of this dividend is Thursday, June 2nd. This represents a $0.96 annualized dividend and a yield of 2.80%. Adams Resources & Energy’s dividend payout ratio (DPR) is 27.51%.
AE has been the topic of several recent research reports. B. Riley initiated coverage on Adams Resources & Energy in a research report on Thursday, March 17th. They set a “buy” rating and a $45.00 price target on the stock. StockNews.com started coverage on shares of Adams Resources & Energy in a report on Monday, May 2nd. They set a “strong-buy” rating for the company.
Adams Resources & Energy Company Profile (Get Rating)
Adams Resources & Energy, Inc, through its subsidiaries, primarily engages in the marketing, transportation, terminalling, and storage in various crude oil and natural gas basins in the United States. The company operates through three segments: Crude Oil Marketing, Transportation and Storage; Tank truck Transportation of Liquid Chemicals, Pressurized Gases, Asphalt and Dry Bulk; and Pipeline Transportation, Terminalling and Storage of Crude Oil.
- Get a free copy of the StockNews.com research report on Adams Resources & Energy (AE)
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