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

By Shayne Heffernan,

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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 Nasdaq, Inc.

This article appears in: Investing Commodities
Referenced Stocks: ARE

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