Adams Resources (AE) Reports Q2 Loss of $0.01
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Adams Resources Announces Dividend And Second Quarter 2015 Earnings
August 6, 2015 5:01 PM EDTHOUSTON, Aug. 6, 2015 /PRNewswire/ -- Adams Resources & Energy, Inc. (NYSE MKT: AE) announced second quarter 2015 unaudited net earnings of $4,340,000 or $1.03 per common share. Revenues for the quarter totaled $600,558,000. Current period net earnings compare to unaudited second quarter 2014 net earnings of $3,975,000 or $.94 per common share.
Thomas S. Smith, President and Chief Executive Officer, attributed the 2015 earnings improvement to fuel cost saving within the Companies trucking fleet. The Company operates over 500 trucks hauling crude oil and liquid chemicals with diesel fuel a significant expense, averaging over $20 million per year at current... More
