Adams Resources & Energy Inc. Profile

Adams Resources & Energy, Inc.

through its subsidiaries, markets crude oil, natural gas, and petroleum products.

It also offers tank truck transportation of liquid chemicals; and oil and gas exploration and production.

It purchases crude oil and arranges sales and deliveries to refiners, and other customers in Texas and Louisiana with additional operations in Michigan.

It also markets branded and unbranded refined petroleum products, such as motor fuels and lubricants.

The company transports liquid chemicals on a ‘for hire’ basis throughout the continental United States and Canada.

Adams Resource also engages in the exploration and development of domestic oil and gas properties along the Louisiana and Texas Gulf Coast, and holds interest in 344 wells, of which 44 are company-operated.

As of December 31, 2004, it produced 71,300 barrels of crude oil and 1,309,000 mcf of natural gas.

The company was organized in 1973 and is headquartered in Houston, Texas.

 

 

 


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