DEPTH OF KNOWLEDGE.
DEPTH OF EXPERIENCE
Adams Resources & Energy, Inc. (“Adams” or “AE”) is engaged in crude oil marketing, transportation, terminalling and storage, tank truck transportation of liquid chemicals and dry bulk and recycling and repurposing of off-spec fuels, lubricants, crude oil and other chemicals through its subsidiaries, GulfMark Energy, Inc., Service Transport Company, 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, as well as provide safe, reliable and competitive liquid and dry chemical tank transportation services to customers throughout the United States, Canada and into Mexico. 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
SERVICE TRANSPORT GROUND DELIVERY
FIREBIRD BULK CARRIERS, INC.
PHOENIX OIL
Over $1 billion in annual revenues and over 800 employees
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. AE transports various liquid and dry chemicals across the lower 48 states and into Canada and Mexico through its Service Transport Company subsidiary. Service Transport also transports dry bulk materials.
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. Service Transport Company operates approximately 250 tractors, 550 tank trailers and 14 dry bulk trailers.
PURCHASE BARRELS PER DAY
GulfMark purchases approximately 113,000 barrels per day at the wellhead. In connection with its purchases of crude oil, GulfMark operates over 260 tractor-trailers and maintains approximately 164 pipeline inventory locations and injection points.