Adams Resources (AE) Swings to Q3 Loss
FREE Breaking News Alerts from StreetInsider.com!
StreetInsider.com Top Tickers, 9/29/2026
- S&P 500 flat as higher bond yields counter tech optimism
- Anthropic prospectus shows $2T IPO ambition, warns of AI 'existential risk'
- Risk appetite remains concentrated in large-cap stocks, Citi says
- Netflix stock: Deutsche Bank gets bullish as valuation leaves room to run
- CarMax shares rise over 2% on strong earnings and revenue beat
- Salesforce agrees to acquire AI research platform Listen Labs
- Workday cuts 2.5% of workforce, revises GAAP margin outlook
- Bloom Energy shares fall on Oracle project halt
- Exclusive-Activist Jana pushes Fiserv to accelerate cost cuts and tap Palantir
- Stocks fall as higher oil prices, Treasury yields weigh
Adams Resources Announces Dividend and Third Quarter 2015 Earnings
November 5, 2015 5:39 PM ESTHOUSTON, Nov. 5, 2015 /PRNewswire/ -- Adams Resources & Energy, Inc. (NYSE MKT: AE) announced a third quarter 2015 unaudited net loss of $308,000 or $0.07 per common share. The current loss compares to third quarter 2014 unaudited net earnings of $3,855,000 or $.92 per common share. For the nine months ended September 30, 2015, net earnings were $7,129,000 or $1.69 per common share. Â
Thomas S. Smith, President and Chief Executive Officer, attributed the current loss to reduced prices for crude oil and natural gas produced and sold. The Company also experienced narrowed margins and reduced volumes within its marketing and transportation segments.... More
