Adams Resources & Energy, Inc. Announces Third Quarter 2024 Results and Declares Quarterly Dividend
Adams Resources & Energy, Inc. (AE)
NASDAQ:AMEX Investor Relations:
adamsresources.com/investor-relations
Company Research
Source: GlobeNewswire
HOUSTON, Nov. 12, 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 operational and financial results for the quarter ended September 30, 2024. The Company also declared a quarterly cash dividend of $0.24 per common share. Third Quarter 2024 Financial Summary Total revenue of $695.2 millionNet loss of $4.5 million, or ($1.76) per common shareEBITDA of $0.2 millionAdjusted EBITDA of $2.3 million, which excludes inventory valuation lossesCash and cash equivalents of $25.1 million, versus $33.3 million at December 31, 2023Liquidity of $73.6 million, versus $80.3 million at December 31, 2023Paid cash dividends of $0.24 per share EBITDA (Earnings Before Interest, Taxes, Depreciation and Amortization) and Adjusted EBITDA are non-generally accepted accounting principle (“non-GAAP”) financial
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AE
News
- STOCKHOLDER ALERT: The M&A Class Action Firm Continues To Investigate Merger - AVTE, BCOV, ALVR, AEPR Newswire
- SHAREHOLDER INVESTIGATION: Halper Sadeh LLC Investigates AE, BHLB, SUM, ARCH on Behalf of ShareholdersAccesswire
- SHAREHOLDER INVESTIGATION: Halper Sadeh LLC Investigates B, PSTX, AE, PFIE on Behalf of ShareholdersPR Newswire
- Adams Resources & Energy, Inc. (NYSE: AE) is now covered by analysts at StockNews.com. They set a "buy" rating on the stock.MarketBeat
- Kuehn Law Encourages AE, STAF, NBR, and PDCO Investors to Contact Law FirmPR Newswire
AE
Earnings
- 11/12/24 - Miss
AE
Sec Filings
- 12/20/24 - Form DEFM14A
- 12/13/24 - Form SC
- 12/6/24 - Form PREM14A
- AE's page on the SEC website