Adams Resources & Energy (NYSE:AE) Downgraded to Buy at StockNews.com

StockNews.com cut shares of Adams Resources & Energy (NYSE:AE – Get Rating) from a strong-buy rating to a buy rating in a research report report published on Monday morning.

Adams Resources & Energy Stock Performance

Shares of AE opened at $48.70 on Monday. Adams Resources & Energy has a fifty-two week low of $27.40 and a fifty-two week high of $51.50.

About Adams Resources & Energy

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Adams Resources & Energy, Inc engages in the business of crude oil marketing, transportation and storage in various crude oil and natural gas basins. It operates through the following segments: crude oil marketing, transportation and storage, tank truck transportation of liquid chemicals, pressurized gases, asphalt and dry bulk, and pipeline transportation, terminalling and storage of crude oil.