Event-Driven Stocks

ADAMS RESOURCES & ENERGY, INC.

AE

Industrials · Wholesale-Petroleum & Petroleum Products (No Bulk Stations) · DE · SEC filings ↗ · Compare ⊕

View price & chart on Yahoo Finance ↗
Signs● 3 good● 3 warning● 1 severedetails ↓

Financials

SEC XBRL · annual
 FY23FY22FY21FY20FY19FY18
Revenue$2.75B$3.37B$1.99B$987.4M$1.62B$1.64B
Operating income$2.4M$5.8M$16.2M−$5.7M$7.8M$1.4M
Net income$212,000$3.5M$11.9M$995,000$8.2M$2.9M
Total assets$361.3M$384.2M$374.7M$296.2M$330.8M$278.9M
Total liabilities$268.6M$291.0M$214.3M$147.1M$179.2M$132.3M
Equity$92.7M$93.2M$160.4M$149.1M$151.6M$146.6M
EPS (diluted)$0.08$0.85$2.75$0.23$1.94$0.70
Shares out.2.5M4.4M4.3M4.2M4.2M4.2M

Reported figures from the company's SEC filings (XBRL). Blank where a line item isn't cleanly tagged — never estimated.

Key ratios

from filings · FY2023
Operating margin
0.1%
Net margin
0.0%
Return on equity
0.2%
Return on assets
0.1%
Return on capital (ROCE)
1.6%
Liabilities / assets
74.3%
Debt / equity
2.90×
Book value / share
$36.58
Revenue growth (YoY)
−18.5%
Net income growth (YoY)
−93.9%

Computed from the company's own SEC figures — no market price, so these are facts, not a valuation. Book value per share is reported equity ÷ shares; it is not the stock price.

Financial health

forensic scores · FY2023
Altman Z″ (distress)
1.44grey zone
Accruals / assets
−8.3%clean
Piotroski F-Score
6/9mixed

Altman Z″is a textbook bankruptcy-distress score from book values only (>2.6 safe · 1.1–2.6 grey · <1.1 distress). Accruals = (net income − operating cash flow) ÷ assets; persistently high accruals are an earnings-quality red flag. Beneish M-Scoreis an eight-ratio screen comparing this year with last (M > −1.78 = elevated manipulation-risk screen, not proof). Piotroski F-Scorecounts how many of nine fundamental-health checks pass (shown as passed / applicable; we use operating margin and total liabilities as documented proxies where the exact input isn't XBRL-tagged). Computed from SEC filings — descriptive factors, not advice or a forecast.

Quality score

EDS Score
57
/ 100
Profitability 100Growth 0Catalyst 33Earnings quality 100Financial strength 50

Our own multi-factor score from free SEC data — profitability, growth, financial strength, earnings quality, and event/ownership catalysts. No market price and no licensed model: each axis is the share of source-backed checks it passes. Descriptive factors, not advice or a forecast.

Signs

● 1 severe● 3 warning● 3 good
  • Filed a late-filing notice (Form NT) — missed an SEC deadline
  • Revenue declined year-over-year
  • High leverage (liabilities > 70% of assets)
  • Altman Z″ in the grey zone
  • Operating margin is positive
  • Positive operating cash flow
  • Clean earnings (low accruals)

Derived from the company's own SEC figures (fundamentals, forensic scores, filing discipline) — descriptive factors, not advice or a forecast.

Risk flags

late SEC filings

A Form NT means the company notified the SEC it would file a periodic report late — often an accounting, audit or liquidity warning sign. Also search SEC enforcement actions for this company.

5%+ owners

SEC Schedule 13D / 13G · last 3 yrs

Holders who disclosed a 5%+ stake. 13D signals intent to influence or control; 13G is a passive holding. Latest filing per holder — open it for the exact stake.

Insider transactions

SEC Form 4 · most recent
0 acquisitions2 disposalsnet −6,898 shares · last 2
InsiderDateTypeSharesPrice
Earley Michelle ADirectorFeb 4, 2025D2,646$38.00
Dominic Dennis E.DirectorFeb 4, 2025D4,252$38.00

Headline trade per Form 4 (officers, directors, 10%+ owners). Buy/sell read from the filing's structured data — blank where a field isn't cleanly tagged.

Material events

SEC Form 8-K · most recent

Events the company reported on Form 8-K, labelled by the SEC item code it filed under — its own classification, not our interpretation.

Recent SEC filings

All filings ↗

Event-driven situations (2)