Adams Resources & Energy, Inc.

Company Overview

Adams Resources & Energy, Inc. (Adams Resources) through its subsidiaries manages and operates oil and gas exploration and production; transportation of liquid chemicals; and marketing of crude oil, natural gas, and related petroleum products. The major subsidiaries of the company include Adams Resources Exploration Corporation (AREC), Service Transport Company (STC), Gulfmark Energy, Inc. (Gulfmark), Adams Resources Marketing, Ltd. (ARM), and Ada Resources, Inc. (Ada). AREC explores and develops domestic oil and gas properties mainly in Texas and the South-central region of the US. STC transports liquid chemicals to its customers in the US and Canada on a payment basis. GulfMark purchases and sells crude oil to refineries and other customers. ARM purchases, distributes and markets natural gas on a wholesale basis. Its Ada markets branded and unbranded refined petroleum products, including motor fuels and lubricants. The company is headquartered in Houston, Texas, the US.

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