Adams Resources & Energy (NYSEAMERICAN:AE) released its earnings results on Monday. The energy company reported $0.31 earnings per share (EPS) for the quarter, RTT News reports. The company had revenue of $408.46 million during the quarter. Adams Resources & Energy had a negative net margin of 1.03% and a negative return on equity of 8.31%. During the same period in the prior year, the company posted ($0.38) earnings per share.
Adams Resources & Energy (NYSEAMERICAN AE) traded down $1.21 during trading on Tuesday, reaching $43.12. 1,081 shares of the company traded hands, compared to its average volume of 7,419. The stock has a market cap of $187.32, a price-to-earnings ratio of -43.04 and a beta of 1.52. Adams Resources & Energy has a one year low of $32.80 and a one year high of $50.58.
The company also recently announced a quarterly dividend, which will be paid on Friday, March 23rd. Investors of record on Friday, March 9th will be issued a $0.22 dividend. This represents a $0.88 annualized dividend and a yield of 2.04%. The ex-dividend date of this dividend is Thursday, March 8th. Adams Resources & Energy’s dividend payout ratio is -85.44%.
COPYRIGHT VIOLATION NOTICE: This article was first posted by Ticker Report and is the sole property of of Ticker Report. If you are viewing this article on another publication, it was stolen and reposted in violation of US and international copyright law. The original version of this article can be viewed at https://www.tickerreport.com/banking-finance/3259228/adams-resources-energy-ae-issues-quarterly-earnings-results.html.
Adams Resources & Energy Company Profile
Adams Resources & Energy, Inc, along with its subsidiaries, is engaged in the business of crude oil marketing, tank truck transportation of liquid chemicals, and oil and gas exploration and production. The Company’s segments include Marketing Segment, Transportation Segment, and Oil and Gas Segment. The Company manages its Marketing Segment through its subsidiary, Gulfmark Energy, Inc, which is engaged in marketing of crude oil.
Receive News & Ratings for Adams Resources & Energy Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Adams Resources & Energy and related companies with MarketBeat.com's FREE daily email newsletter.