Adams Resources: 3Q Earnings Snapshot

November 6, 2019 GMT

HOUSTON (AP) _ Adams Resources & Energy Inc. (AE) on Wednesday reported third-quarter earnings of $640,000.

The Houston-based company said it had profit of 15 cents per share. Earnings, adjusted for one-time gains and costs, were 38 cents per share.

The oil and gas company posted revenue of $450.3 million in the period.

Adams Resources shares have decreased 20% since the beginning of the year. In the final minutes of trading on Wednesday, shares hit $30.99, a decrease of 24% in the last 12 months.


This story was generated by Automated Insights (http://automatedinsights.com/ap) using data from Zacks Investment Research. Access a Zacks stock report on AE at https://www.zacks.com/ap/AE