Mike Leggio - Adams Resources Chief Officer

AE Stock  USD 37.40  0.20  0.54%   

Executive

Mike Leggio is Chief Officer of Adams Resources Energy
Address 17 South Briar Hollow Lane, Houston, TX, United States, 77027
Phone713 881 3600
Webhttps://www.adamsresources.com

Adams Resources Management Efficiency

The company has Return on Asset (ROA) of (0.0144) % which means that for every 100 dollars spent on asset, it generated a loss of $0.0144. This is way below average. Likewise, it shows a return on total equity (ROE) of (0.091) %, which implies that it produced no returns to current stockholders. Adams Resources' management efficiency ratios could be used to measure how well Adams Resources manages its routine affairs as well as how well it operates its assets and liabilities. As of November 26, 2024, Return On Tangible Assets is expected to decline to 0.0006. In addition to that, Return On Capital Employed is expected to decline to 0.02. At present, Adams Resources' Net Tangible Assets are projected to decrease significantly based on the last few years of reporting. The current year's Intangible Assets is expected to grow to about 8.4 M, whereas Non Currrent Assets Other are forecasted to decline to about 3 M.
Adams Resources Energy reports 53.6 M of total liabilities with total debt to equity ratio (D/E) of 0.12, which may suggest the company is not taking enough advantage from financial leverage. Adams Resources Energy has a current ratio of 1.28, indicating that it is in a questionable position to pay out its debt commitments in time. Note however, debt could still be an excellent tool for Adams to invest in growth at high rates of return.

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Adams Resources Energy, Inc., through its subsidiaries, primarily engages in the marketing, transportation, terminalling, and storage in various crude oil and natural gas basins in the United States. Adams Resources Energy, Inc. was founded in 1947 and is headquartered in Houston, Texas. Adams Resources operates under Oil Gas Refining Marketing classification in the United States and is traded on AMEX Exchange. It employs 710 people. Adams Resources Energy (AE) is traded on NYSE MKT Exchange in USA. It is located in 17 South Briar Hollow Lane, Houston, TX, United States, 77027 and employs 741 people. Adams Resources is listed under Oil & Gas Refining & Marketing category by Fama And French industry classification.

Management Performance

Adams Resources Energy Leadership Team

Elected by the shareholders, the Adams Resources' board of directors comprises two types of representatives: Adams Resources inside directors who are chosen from within the company, and outside directors, selected externally and held independent of Adams. The board's role is to monitor Adams Resources' management team and ensure that shareholders' interests are well served. Adams Resources' inside directors are responsible for reviewing and approving budgets prepared by upper management to implement core corporate initiatives and projects. On the other hand, Adams Resources' outside directors are responsible for providing unbiased perspectives on the board's policies.
Townes Pressler, Executive Chairman of the Board
Michelle Earley, Independent Director
W Scofield, Director
Charles Stevens, Non Board
Richard Jenner, Independent Director
Tracy Ohmart, Chief Financial Officer, Executive Vice President, Treasurer
David Hurst, Corporate Secretary
Sharon Davis, Chief Operating Officer, Executive Vice President, Chief Accounting Officer
Kevin Roycraft, President, Chief Executive Officer, and Interim President of GulfMark Energy, Inc.
John Niemann, Independent Director
Wade Harrison, President - Service Transport
John Barrett, Non Board
Murray Brasseux, Independent Director
Dennis Dominic, Independent Director
Mike Leggio, Chief Officer
Greg Mills, President of GulfMark Energy, Inc.

Adams Stock Performance Indicators

The ability to make a profit is the ultimate goal of any investor. But to identify the right stock is not an easy task. Is Adams Resources a good investment? Although profit is still the single most important financial element of any organization, multiple performance indicators can help investors identify the equity that they will appreciate over time.

Also Currently Popular

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Check out Trending Equities to better understand how to build diversified portfolios, which includes a position in Adams Resources Energy. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in income.
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Is Oil & Gas Refining & Marketing space expected to grow? Or is there an opportunity to expand the business' product line in the future? Factors like these will boost the valuation of Adams Resources. If investors know Adams will grow in the future, the company's valuation will be higher. The financial industry is built on trying to define current growth potential and future valuation accurately. All the valuation information about Adams Resources listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
Quarterly Earnings Growth
0.763
Dividend Share
0.24
Earnings Share
(3.18)
Revenue Per Share
1.1 K
Quarterly Revenue Growth
(0.09)
The market value of Adams Resources Energy is measured differently than its book value, which is the value of Adams that is recorded on the company's balance sheet. Investors also form their own opinion of Adams Resources' value that differs from its market value or its book value, called intrinsic value, which is Adams Resources' true underlying value. Investors use various methods to calculate intrinsic value and buy a stock when its market value falls below its intrinsic value. Because Adams Resources' market value can be influenced by many factors that don't directly affect Adams Resources' underlying business (such as a pandemic or basic market pessimism), market value can vary widely from intrinsic value.
Please note, there is a significant difference between Adams Resources' value and its price as these two are different measures arrived at by different means. Investors typically determine if Adams Resources is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Adams Resources' price is the amount at which it trades on the open market and represents the number that a seller and buyer find agreeable to each party.