DEPTH OF KNOWLEDGE.
DEPTH OF EXPERIENCE
Adams Resources & Energy, Inc. (“Adams” or “AE”) is engaged in crude oil marketing, transportation, terminalling and storage, and recycling and repurposing of off-spec fuels, lubricants, crude oil and other chemicals through its subsidiaries, GulfMark Energy, Inc., Victoria Express Pipeline, L.L.C., GulfMark Terminals, LLC, Phoenix Oil, Inc., and Firebird Bulk Carriers, Inc.
overview
Adams' strategy is to enhance shareholder value through providing competitive crude oil marketing and transportation services from petroleum producing companies to the refining community. Adams’ business principles are founded on honesty and integrity and the Company maintains and cultivates an entrepreneurial spirt throughout the organization. Adams believes that strong relationships with its customers and vendors are keys to success for both Adams and its stakeholders.
subsidiaries
GULFMARK CRUDE OIL MARKETING, TRANSPORTATION & STORAGE
GULFMARK CRUDE OIL DELIVERY NETWORK
FIREBIRD BULK CARRIERS, INC.
PHOENIX OIL
AE is focused on marketing, transporting and storing crude oil throughout multiple crude oil and natural gas basins in the United States including the Gulf Coast, Eagle Ford Shale, Permian Basin, Bakken Shale, and in Michigan.
Over $1 billion in annual revenues and over 400 employees
STRONG BALANCE SHEET
AE has a strong balance sheet and is focused on strategic business development and organic growth initiatives.
BARRELS OF STORAGE
GulfMark also has the ability to barge oil from four oil storage facilities along the intercostal waterway of Texas and Louisiana and maintains 425,000 barrels of storage capacity at certain dock facilities in order to access waterborne markets for its products.
FLEET SIZE
GulfMark provides a competitive advantage by owning and/or leasing over 260 tractor-trailers and four oil storage facilities.
PURCHASE BARRELS PER DAY
GulfMark purchases approximately 90,000 barrels per day at the wellhead. In connection with its purchases of crude oil, GulfMark operates over 215 tractor-trailers and maintains approximately 112 pipeline inventory locations and injection points.