Adams Resources (AE) Declares $0.22 Quarterly Dividend; 2% Yield
FREE Breaking News Alerts from StreetInsider.com!
StreetInsider.com Top Tickers, 8/13/2026
- Tech stocks power S&P 500 to record high as oil prices, producer inflation ease
- Oil pares losses after reports Houthis attacked Saudi Aramco refinery
- BofA lifts server CPU TAM to $210bn+ on the rise of AI agents
- Burry doubles down on Nebius short after stock surges 34% on earnings
- JPMorgan gets bullish on Salesforce, says concerns are "overblown"
- After-Hours Movers: CSCO, COHR, HLIT, CBRS, STUB, ENS
- After-Hours Movers: CRWV, NBIS, SMCI, LITE, CAVA, HRB
- After-Hours Movers: P, RIOT, BW, RKLB, HIMS, UPWK
- After-Hours Movers: TEAM, NET, TWLO, DOCS, FROG, DV, TTD, ABNB, DKNG, SG, RKT
- After-Hours Stock Movers: WDC, SNDK, FIG, APP, HUBS, SOUN, DASH, XYZ, Z, FLNC
Adams Resources Announces Dividend And First Quarter 2016 Earnings
May 6, 2016 4:46 PM EDTHOUSTON, May 6, 2016 /PRNewswire/ -- Adams Resources & Energy, Inc., (NYSE MKT: AE), announced first quarter 2016 unaudited net earnings of $1,430,000 or $.34 per common share on revenues of $250,531,000. This compares to first quarter 2015 unaudited net earnings of $3,097,000 or $.73 per common share. Net cash utilized in operating activities totaled $2,358,000 for the three-month period ended March 31, 2016 as the Company expended cash for strategic crude oil inventory purchases in order to take advantage of the difference between current and forward month commodity futures prices.
Thomas S. Smith, President and Chief Executive Officer, attributed the current earnings... More
