Adams Resources & Energy (NYSE:AE), founded in 1947 and headquartered in Houston, Texas, is a diversified energy services company focused on the distribution, marketing and transportation of petroleum products. Over its more than seven decades of operation, the firm has grown from a regional fuel supplier into a comprehensive energy services provider with a long‐standing reputation for reliability and operational expertise. Management emphasizes disciplined growth, risk‐focused trading practices and strong customer relationships across its business segments.
The company’s primary business activities are organized into two main segments. In its Petroleum Products Distribution division, Adams Resources & Energy supplies refined fuels—including gasoline, diesel and heating oil—as well as propane, asphalt and specialty oilfield chemicals. This segment serves retail dealers, industrial customers and end‐users in the south‐central United States, offering bulk delivery, on‐site storage solutions and branded fuel services under long‐term supply agreements. Adams leverages its network of terminals, storage facilities and wholesale supply partners to maintain consistent product availability.
Complementing its distribution operations, the company’s Transportation and Logistics segment provides truckload hauling and energy logistics services. Operating a combination of company‐owned tractors and trailers as well as third‐party carriers, Adams Resources & Energy transports crude oil, natural gas liquids and refined products from production sites and terminals to refineries, bulk plants and end‐use locations. Integrated dispatch systems and safety‐focused driver training support efficient route management and regulatory compliance across state lines.
Adams Resources & Energy serves customers throughout the Gulf Coast, Midwest and parts of the Southeast, with strategic terminals and sales offices in Texas, Arkansas, Oklahoma, Kentucky and Tennessee. The company is led by President and Chief Executive Officer Patrick J. McClendon, under whose leadership Adams has pursued selective acquisitions and expanded its logistics capabilities. A board of directors with deep industry experience oversees corporate governance and risk management, supporting Adams’ long‐term commitment to operational excellence and customer service.
