Adams Resources: 3Q Earnings Snapshot
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.