HOUSTON (AP) — HOUSTON (AP) — Adams Resources & Energy Inc. (AE) on Wednesday reported a second-quarter loss of $2.2 million, after reporting a profit in the same period a year earlier.
The Houston-based company said it had a loss of 87 cents per share.
The oil and gas company posted revenue of $718.5 million in the period.
Adams Resources shares have dropped nearly 9% since the beginning of the year. In the final minutes of trading on Wednesday, shares hit $23.86, a decrease of 30% in the last 12 months.
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This story was generated by Automated Insights (http://automatedinsights.com/ap) using data from Zacks Investment Research. Access a Zacks stock report on AE at https://www.zacks.com/ap/AE
