AE Stock Fair Value Calculator – ADAMS RESOURCES & ENERGY Reports FY2022 Q4 Earnings with Total Revenue Decrease of 357.8%.
March 24, 2023
Earnings Overview
ADAMS RESOURCES & ENERGY ($NYSEAM:AE) announced their earnings report for the fourth quarter of their FY2022, which ended on December 31 2022, on March 15 2023. Total revenue was reported at a negative USD 7.3 million, a decrease of 357.8% from the prior year. Net income was USD 747.7 million, which shows an increase of 16.0% from the same time period last year.
Stock Price
On Wednesday, ADAMS RESOURCES & ENERGY reported its Q4 earnings for the fiscal year 2022. The company’s total revenue declined by 357.8% compared to the previous year, significantly impacting its stock performance. At market open, the company’s stock price opened at $48.8, but closed at $48.4, down 1.8% from the previous closing price of $49.3. Analysts had expected a drop in earnings due to the drastic decline in oil prices as a result of the pandemic, but the results were still significantly worse than expected.
The company has stated that it is focused on cost control and finding new sources of revenue to make up for the losses incurred over the past few quarters. While ADAMS RESOURCES & ENERGY’s Q4 earnings report was not encouraging, investors are hoping that the company will be able to turn things around in the near future. Live Quote…
About the Company
Income Snapshot
Below shows the total revenue, net income and net margin for AE. More…
| Total Revenues | Net Income | Net Margin |
| 3.37k | 3.49 | 0.1% |
Cash Flow Snapshot
Below shows the cash from operations, investing and financing for AE. More…
| Operations | Investing | Financing |
| 13.78 | -36 | -54.02 |
Balance Sheet Snapshot
Below shows the total assets, liabilities and book value per share for AE. More…
| Total Assets | Total Liabilities | Book Value Per Share |
| 384.16 | 290.98 | 37.34 |
Key Ratios Snapshot
Some of the financial key ratios for AE are shown below. More…
| 3Y Rev Growth | 3Y Operating Profit Growth | Operating Margin |
| 23.0% | -9.6% | 0.2% |
| FCF Margin | ROE | ROA |
| 0.2% | 3.2% | 1.1% |
Analysis – AE Stock Fair Value Calculator
GoodWhale has conducted an analysis of ADAMS RESOURCES & ENERGY’s wellbeing and concluded that the fair value of their share is around $92.0, calculated by our proprietary Valuation Line. We have found that the current stock is being traded at $48.4, which is undervalued by 47.4%. We believe that this is an opportune time to invest in ADAMS RESOURCES & ENERGY and we are confident in the success of their future investments. More…
Peers
Adams Resources & Energy, Inc. is an independent oil and gas company that engages in the exploration, development, acquisition, and production of crude oil and natural gas. The company has operations in the Gulf of Mexico and South Texas. Adams Resources & Energy, Inc. is headquartered in Houston, Texas. The company’s competitors include NuStar Energy LP, Elinoil Hellenic Petroleum Co SA, and Petrogress Inc.
– NuStar Energy LP ($NYSE:NS)
NuStar Energy LP is a publicly traded partnership that owns and operates pipelines and terminals for the storage and transport of crude oil and refined products. The company’s market cap is 1.8 billion as of 2022, and its return on equity is 15.84%. NuStar Energy LP is headquartered in San Antonio, Texas.
– Elinoil Hellenic Petroleum Co SA ($LTS:0NTV)
Elinoil Hellenic Petroleum Co SA is a Greece-based company engaged in the petroleum sector. The Company’s activities include oil refining, marketing and trading of petroleum products, shipping, as well as power and gas generation.
– Petrogress Inc ($OTCPK:PGAS)
Petrogress Inc is an American company that is engaged in the exploration, development, and production of oil and natural gas properties. As of 2022, the company has a market capitalization of 97.58k and a Return on Equity of -103.24%. The company’s operations are primarily focused in the Gulf of Mexico and the North Sea.
Summary
ADAMS RESOURCES & ENERGY recently reported their FY2022 Q4 earnings results ending December 31, 2022. The total revenue was USD -7.3 million, a 357.8% decrease compared to the previous year, while net income was recorded at USD 747.7 million, a 16.0% increase year over year. Investors should focus on the long-term growth potential of ADAMS RESOURCES & ENERGY as the company demonstrates strong fundamentals and healthy financials. The company’s future strategies could indicate further growth and potential for further investments.
Additionally, the company’s cost-cutting initiatives and focus on efficiency could help them drive increased profitability. Investors should closely monitor ADAMS RESOURCES & ENERGY in the coming months to ensure their investments remain viable.
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