Adams Resources & Energy
Market Cap
US$143.9m
Last Updated
2020/02/16 23:30 UTC
Data Sources
Company Financials
Executive Summary
Adams Resources & Energy, Inc., through its subsidiaries, primarily engages in the marketing, transportation, and storage of crude oil in the United States.
Rewards
Risk Analysis
Snowflake Analysis
Flawless balance sheet second-rate dividend payer.
Share Price & News
How has Adams Resources & Energy's share price performed over time and what events caused price changes?
Latest Share Price and Events
Stable Share Price: AE has not had significant price volatility in the past 3 months.
Market Performance
7 Day Return
-0.6%
AE
0.4%
US Oil and Gas
1.5%
US Market
1 Year Return
-16.0%
AE
-18.7%
US Oil and Gas
20.1%
US Market
Return vs Industry: AE exceeded the US Oil and Gas industry which returned -18.7% over the past year.
Return vs Market: AE underperformed the US Market which returned 20.1% over the past year.
Shareholder returns
| AE | Industry | Market | |
|---|---|---|---|
| 7 Day | -0.6% | 0.4% | 1.5% |
| 30 Day | -10.1% | -9.4% | 1.4% |
| 90 Day | 9.3% | -5.9% | 8.7% |
| 1 Year | -13.6%-16.0% | -15.5%-18.7% | 22.7%20.1% |
| 3 Year | -11.4%-17.5% | -13.0%-21.2% | 50.1%40.5% |
| 5 Year | -43.2%-49.2% | -21.9%-33.4% | 73.1%54.1% |
Price Volatility Vs. Market
How volatile is Adams Resources & Energy's share price compared to the market and industry in the last 5 years?
Simply Wall St News
1 week ago | Simply Wall St
We Wouldn't Rely On Adams Resources & Energy's (NYSEMKT:AE) Statutory Earnings As A Guide3 weeks ago | Simply Wall St
Does It Make Sense To Buy Adams Resources & Energy, Inc. (NYSEMKT:AE) For Its Yield?1 month ago | Simply Wall St
Did Changing Sentiment Drive Adams Resources & Energy's (NYSEMKT:AE) Share Price Down By 25%?Valuation
Is Adams Resources & Energy undervalued compared to its fair value and its price relative to the market?
>50%
Undervalued compared to fair value
Share Price vs. Fair Value
Below Fair Value: AE ($34) is trading below our estimate of fair value ($129.14)
Significantly Below Fair Value: AE is trading below fair value by more than 20%.
Price To Earnings Ratio
PE vs Industry: AE is poor value based on its PE Ratio (84.2x) compared to the Oil and Gas industry average (9x).
PE vs Market: AE is poor value based on its PE Ratio (84.2x) compared to the US market (18.4x).
Price to Earnings Growth Ratio
PEG Ratio: Insufficient data to calculate AE's PEG Ratio to determine if it is good value.
Price to Book Ratio
PB vs Industry: AE is overvalued based on its PB Ratio (1x) compared to the US Oil and Gas industry average (0.8x).
Next Steps
Future Growth
How is Adams Resources & Energy forecast to perform in the next 1 to 3 years based on estimates from 0 analysts?
16.7%
Forecasted Energy industry annual growth in earnings
In this section we usually present revenue and earnings growth projections based on the consensus estimates of professional analysts to help investors understand the company’s ability to generate profit. But as Adams Resources & Energy has not provided enough past data and has no analyst forecast, its future earnings cannot be reliably calculated by extrapolating past data or using analyst predictions.
This is quite a rare situation as 97% of companies covered by SimplyWall St do have past financial data.
Next Steps
- Examine Adams Resources & Energy's financial health to determine how well-positioned it is against times of financial stress by looking at its level of debt over time and how much cash it has left.
- Adams Resources & Energy competitive advantages and company strategy can generally be found in its financial reports archived here.
- Explore growth companies in the Energy industry.
Past Performance
How has Adams Resources & Energy performed over the past 5 years?
-1.6%
Historical annual earnings growth
Earnings and Revenue History
Quality Earnings: AE has a large one-off gain of $1.3M impacting its September 30 2019 financial results.
Growing Profit Margin: AE's current net profit margins (0.09%) are lower than last year (0.6%).
Past Earnings Growth Analysis
Earnings Trend: AE's earnings have declined by -1.6% per year over the past 5 years.
Accelerating Growth: AE's has had negative earnings growth over the past year, so it can't be compared to its 5-year average.
Earnings vs Industry: AE had negative earnings growth (-83.7%) over the past year, making it difficult to compare to the Oil and Gas industry average (-9%).
Return on Equity
High ROE: AE's Return on Equity (1.1%) is considered low.
Return on Assets
Return on Capital Employed
Next Steps
Financial Health
How is Adams Resources & Energy's financial position?
Financial Position Analysis
Short Term Liabilities: AE's short term assets ($236.3M) exceed its short term liabilities ($143.8M).
Long Term Liabilities: AE's short term assets ($236.3M) exceed its long term liabilities ($20.1M).
Debt to Equity History and Analysis
Debt Level: AE is debt free.
Reducing Debt: AE has not had any debt for past 5 years.
Debt Coverage: AE has no debt, therefore it does not need to be covered by operating cash flow.
Interest Coverage: AE has no debt, therefore coverage of interest payments is not a concern.
Balance Sheet
Inventory Level: AE has a high level of physical assets or inventory.
Debt Coverage by Assets: Insufficient data to determine if AE's debt is covered by short term assets.
Next Steps
Dividend
What is Adams Resources & Energy's current dividend yield, its reliability and sustainability?
2.82%
Current Dividend Yield
Dividend Yield vs Market
Current dividend yield vs market & industry
Notable Dividend: AE's dividend (2.82%) is higher than the bottom 25% of dividend payers in the US market (1.44%).
High Dividend: AE's dividend (2.82%) is low compared to the top 25% of dividend payers in the US market (3.69%).
Stability and Growth of Payments
Stable Dividend: AE's dividends per share have been stable in the past 10 years.
Growing Dividend: AE's dividend payments have increased over the past 10 years.
Current Payout to Shareholders
Dividend Coverage: With its high payout ratio (227.8%), AE's dividend payments are not well covered by earnings.
Future Payout to Shareholders
Future Dividend Coverage: Insufficient data to determine if a dividend will be paid in 3 years and that it will be covered by earnings.
Next Steps
Management
How experienced are the management team and are they aligned to shareholders interests?
1.7yrs
Average management tenure
CEO
Kevin Roycraft (49yo)
0.08yrs
Tenure
US$543,238
Compensation
Mr. Kevin J. Roycraf serves as Chief Executive Officer at Adams Resources & Energy, Inc. since January 1, 2020. Mr. Roycraf served as President of Adams Resources & Energy, Inc. from January 1, 2020 until ...
CEO Compensation Analysis
Compensation vs Market: Kevin's total compensation ($USD543.24K) is about average for companies of similar size in the US market ($USD521.92K).
Compensation vs Earnings: Kevin's compensation has increased by more than 20% whilst company earnings have fallen more than 20% in the past year.
Leadership Team
| Name | Position | Tenure | Compensation | Ownership |
|---|---|---|---|---|
| CEO & Interim President of GulfMark Energy | 0.08yrs | US$543.24k | 0.011% $16.5k | |
| Executive VP | 4.9yrs | US$504.44k | 0.016% $23.0k | |
| Executive VP | 1.7yrs | no data | 0.026% $37.2k | |
| Secretary | 0yrs | no data | no data | |
| President of Service Transport Company | 0.08yrs | no data | no data | |
| Non Voting Advisory Member of the Board | 0yrs | no data | no data | |
| Non Voting Advisory Member of the Board | 14.4yrs | no data | no data |
1.7yrs
Average Tenure
59yo
Average Age
Experienced Management: AE's management team is not considered experienced ( 1.7 years average tenure), which suggests a new team.
Board Members
| Name | Position | Tenure | Compensation | Ownership |
|---|---|---|---|---|
| Chairman of the Board | 2.4yrs | US$675.83k | 0.088% $126.7k | |
| Director | 0.8yrs | no data | 0.014% $20.6k | |
| Independent Director | 4.9yrs | US$82.13k | 0.0089% $12.8k | |
| Independent Director | 4.9yrs | US$92.13k | 0.032% $46.8k | |
| Independent Director | 3.8yrs | US$92.13k | 0.021% $29.8k | |
| Director | 3.8yrs | US$82.13k | 0.0089% $12.8k | |
| Independent Director | 0.3yrs | no data | no data |
3.8yrs
Average Tenure
66yo
Average Age
Experienced Board: AE's board of directors are considered experienced (3.8 years average tenure).
Ownership
Who are the major shareholders and have insiders been buying or selling?
Insider Trading Volume
Insider Buying: Insufficient data to determine if insiders have bought more shares than they have sold in the past 3 months.
Recent Insider Transactions
Ownership Breakdown
Dilution of Shares: Shareholders have not been meaningfully diluted in the past year.
Top Shareholders
Company Information
Adams Resources & Energy, Inc.'s company bio, employee growth, exchange listings and data sources
Key Information
- Name: Adams Resources & Energy, Inc.
- Ticker: AE
- Exchange: AMEX
- Founded: 1947
- Industry: Oil and Gas Refining and Marketing
- Sector: Energy
- Market Cap: US$143.942m
- Shares outstanding: 4.23m
- Website: https://www.adamsresources.com
Number of Employees
Location
- Adams Resources & Energy, Inc.
- 17 South Briar Hollow Lane
- Suite 100
- Houston
- Texas
- 77027
- United States
Listings
| Ticker | Exchange | Primary Security | Security Type | Country | Currency | Listed on |
|---|---|---|---|---|---|---|
| AE | AMEX (NYSE MKT LLC) | Yes | Common Stock | US | USD | Jan 1975 |
Biography
Adams Resources & Energy, Inc., through its subsidiaries, primarily engages in the marketing, transportation, and storage of crude oil in the United States. The company operates in two segments, Crude Oil Marketing, Transportation and Storage; and Tank Truck Transportation of Liquid Chemicals and Dry Bulk. The Crude Oil Marketing, Transportation and Storage segment purchases crude oil, and arranges sales and deliveries to refiners and other customers primarily onshore in Texas, Oklahoma, North Dakota, Michigan, and Louisiana. This segment operates a fleet of 255 tractor-trailer rigs and maintains approximately 201 pipeline inventory locations or injection stations. The Tank Truck Transportation of Liquid Chemicals and Dry Bulk segment transports liquid chemicals and dry bulk on a for hire basis in the continental United States and into Canada and Mexico. It operates truck terminals in Houston, Corpus Christi, Nederland, and Freeport, Texas; Baton Rouge, St. Rose, and Boutte, Louisiana; and Mobile, Alabama. Adams Resources & Energy, Inc. was founded in 1947 and is headquartered in Houston, Texas.
Company Analysis and Financial Data Status
| Data | Last Updated (UTC time) |
|---|---|
| Company Analysis | 2020/02/16 23:30 |
| End of Day Share Price | 2020/02/14 00:00 |
| Earnings | 2019/09/30 |
| Annual Earnings | 2018/12/31 |
Unless specified all financial data is based on a yearly period but updated quarterly. This is known as Trailing Twelve Month (TTM) or Last Twelve Month (LTM) Data. Learn more here.