Referenced Stocks

Adams Resources & Energy, Inc. (NYSEAMEX:AE) to Rally on Oil Prices

By International Business Times September 24, 2012, 04:05:02 AM EDT

Adams Resources & Energy, Inc. ( ARE ), along with its subsidiaries, is engaged in the business of marketing crude oil, natural gas and petroleum products, tank truck transportation of liquid chemicals, and oil and gas exploration and production. The Company's segments include: Marketing Segment Subsidiaries, Transportation Segment Subsidiary and Oil and Gas Segment Subsidiary.

According to Economist Shayne Heffernan the stock has been over looked as Oil and Gas prices have recovered, the price target issued today was for $43.

Read More on International Business Times




The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of The NASDAQ OMX Group, Inc.


This article appears in: Investing, Commodities

Referenced Stocks: ARE



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