Adams Resources & Energy
Adams Resources & Energy, Inc. (NYSE AMERICAN:AE) (“Adams” or "AE") is primarily engaged in the business of crude oil marketing, transportation and storage and tank truck transportation of liquid chemicals and dry bulk through its two wholly-owned subsidiaries GulfMark Energy, Inc. (‟GulfMark”) and Service Transport Company ("Service Transport").
GULFMARK ENERGY, INC.
GulfMark markets crude oil and performs transportation services for other customers. Activity is concentrated primarily onshore in Texas, Oklahoma, North Dakota, Michigan and Louisiana. GulfMark operates over 260 tractor-trailer rigs and maintains approximately 164 pipeline inventory locations and injection stations. GulfMark has the ability to barge oil from four oil storage facilities along the intercoastal waterway of Texas and Louisiana and maintains 425,000 barrels of storage capacity at dock facilities to access waterborne markets for its products.
Service Transport transports liquid and dry bulk chemicals throughout the continental United States, Canada and Mexico. Service Transport operates 300 tractors of which 250 are Company owned and 50 are independent owner-operator units. The Company also owns and operates 550 tank trailers. Service Transport operates truck terminals in Houston, Freeport, Corpus Christi, and Nederland, Texas as well as Baton Rouge (St. Gabriel), Louisiana, St. Rose, Louisiana and Mobile (Saraland), Alabama.