---
schema_version: "secwatch.filing_event.v1"
accession: "0000002178-24-000052"
form_type: "8-K"
ticker: null
cik: "0000002178"
company_name: "ADAMS RESOURCES & ENERGY, INC."
filed_at: "2024-05-08T23:59:59+00:00"
generated_at: "2026-06-02T14:08:26.618512+00:00"
event_type: "earnings"
sentiment: "positive"
materiality_score: 0.65
calibrated_materiality_score: 0.65
confidence: "high"
source: SEC EDGAR
---

# Adams Resources Q1 revenue $661.1M, net loss narrows to $0.5M; declares $0.24 dividend

## Summary
- Total revenue $661.1M vs $650.2M Q1 2023, up 1.7%.
- Net loss of $(0.5)M ($0.19 per share) improved from $(2.0)M ($0.79 per share) YoY.
- EBITDA increased to $6.0M from $4.4M; includes $1.8M inventory gains vs $1.0M losses.
- Declared quarterly cash dividend of $0.24 per share, payable June 28 to holders of record June 14.
- Crude oil marketing volumes fell to 64,634 bpd from 94,030 bpd; pipeline throughput rose to 11,256 bpd.

## SEC filing metadata
- accession: 0000002178-24-000052
- form_type: 8-K
- cik: 0000002178
- company_name: ADAMS RESOURCES & ENERGY, INC.
- filed_at: 2024-05-08T23:59:59+00:00
- event_type: earnings
- sentiment: positive
- materiality_score: 0.65
- calibrated_materiality_score: 0.65
- confidence: high
- sec_items: 2.02, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/2178/000000217824000052/0000002178-24-000052-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/2178/000000217824000052/ae-20240508.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0000002178-24-000052
- JSON: https://secwatch.observer/filing/0000002178-24-000052.json
- Plain text: https://secwatch.observer/filing/0000002178-24-000052.txt

## Key facts
- Earnings Releases
  ADAMS RESOURCES & ENERGY, INC. reported the quarter ended March 31, 2024 results: revenue $661.1 million, net income ($0.5) million, EPS ($0.19) per common share.
  - Period: the quarter ended March 31, 2024
  - Revenue: $661.1 million
  - Net income: ($0.5) million
  - EPS: ($0.19) per common share
  - Result: reported results
  source text: for the quarter ended March 31, 2024. The Company also declared a quarterly cash dividend of $0.24 per common share. First Quarter 2024 Financial Summary • Total revenue of $661.1 million, versus $650.2 million for the first quarter of 2023. • Net loss for the quarter improved $1.5 million year over year to ($0.5) million, or ($0.19) per common share. • EBITDA for
  evidence_url: https://www.sec.gov/Archives/edgar/data/2178/000000217824000052/0000002178-24-000052-index.htm

This AI-assisted summary is a reading aid. Review the linked SEC EDGAR filing before relying on any specific claim.