<PAGE>   1
                       SECURITIES AND EXCHANGE COMMISSION
                             WASHINGTON, D. C. 20549
                                    FORM 10-Q


(Mark One)


[  ]  Quarterly report pursuant to Section 13 or 15 (d) of the Securities
      Exchange Act of 1934

              For the quarterly period ended September 30, 2000 or
                               ------------------

      Transition report pursuant to Section 13 or 15 (d) of the Securities
      Exchange Act of 1934

[  ]  For the transition period from                    to
                                     -------------------  ---------------------


                          Commission File Number 1-7908
                                                 -----------------

                         ADAMS RESOURCES & ENERGY, INC.
                         ------------------------------
             (Exact name of Registrant as specified in its charter)


                      Delaware                            74-1753147
          ----------------------------------           ------------------
            (State or other jurisdiction of              (I.R.S. Employer
            incorporation or organization)             Identification No.)


                      5 Post Oak Park, Houston, Texas 77027
                     --------------------------------------
               (Address of principal executive office & Zip Code)


        Registrant's telephone number, including area code (713) 881-3600
                                                          ----------------------

     Indicate by check mark whether the Registrant (1) has filed all reports
required to be filed by Section 13 or 15 (d) of the Securities Exchange Act of
1934 during the preceding 12 months (or for such shorter period that the
registrant was required to file such reports), and (2) has been subject to such
filing requirements for the past 90 days.

                            Yes X      No
                               -----    ------

The number of shares of Common Stock of the Registrant, par value $.10 per
share, outstanding at October 31, 2000 was 4,217,596.

<PAGE>   2

                 ADAMS RESOURCES & ENERGY, INC. AND SUBSIDIARIES
                 UNAUDITED CONSOLIDATED STATEMENT OF OPERATIONS

                      (IN THOUSANDS, EXCEPT PER SHARE DATA)

<TABLE>
<CAPTION>
                                                          Nine Months Ended                    Three Months Ended
                                                             September 30,                       September 30,
                                                     -----------------------------         ----------------------------
                                                        2000              1999                2000              1999
                                                     ------------      -----------         --------------   -----------
<S>                                                 <C>                <C>                  <C>             <C>

REVENUE:

   Marketing.......................................  $   5,705,834        $2,333,199          $  1,743,796   $  1,061,370
   Transportation..................................         26,792            25,723                 7,457          8,798
   Oil & gas.......................................          4,258             2,593                 1,925            877
                                                     -------------     -------------          ------------   ------------
                                                         5,736,884         2,361,515             1,753,178      1,071,045
                                                     -------------     -------------          ------------   ------------

COSTS AND EXPENSES:

   Operating
     Marketing.....................................      5,690,938         2,324,002             1,738,942      1,058,088
     Transportation................................         24,264            23,338                 7,133          8,109
     Oil & gas.....................................          1,336             1,609                   471            557
   Corporate general and administrative............          4,595             2,152                 1,478            725
   Depreciation, depletion and amortization........          5,042             4,947                 1,700          1,652
                                                     -------------     -------------          ------------   ------------
                                                         5,726,175         2,356,048             1,749,724      1,069,131
                                                     -------------     -------------          ------------   ------------

Operating earnings.................................         10,709             5,467                 3,454          1,914

Other income (expense):
   Property sales and other........................            593               863                   139            158
   Interest........................................           (144)              (53)                  (27)           (10)
                                                    --------------    --------------         --------------  ------------
                                                               449               810                   112            148
                                                     -------------     -------------          ------------   ------------

   Earnings before income taxes....................         11,158             6,277                3,566           2,062
   Income tax provision
     Current.......................................          3,202               448                1,099             214
     Deferred......................................            900             1,200                  250             300
                                                     -------------     -------------          -----------    ------------
                                                             4,102             1,648                1,349             514
                                                     -------------     -------------          -----------    ------------

Net earnings.......................................  $       7,056     $       4,629          $     2,217    $      1,548
                                                     =============     =============          ===========    ============

Basic and diluted net earnings
   per common share................................  $        1.67     $        1.10          $       .52    $        .37
                                                     =============     =============          ===========    ============
Dividends per common share.........................  $           -     $           -          $         -    $          -
                                                     =============     =============          ===========    ============
</TABLE>

    The accompanying notes are an integral part of these financial statements.

                                      -2-
<PAGE>   3

                MANAGEMENT'S DISCUSSION AND ANALYSIS OF FINANCIAL
                       CONDITION AND RESULTS OF OPERATIONS

   Results of Operations

              -  Marketing

              Marketing division revenues, operating earnings and significant
operating statistics were as follows (in thousands, except price information):

Marketing division revenues and operating earnings were as follows (IN
THOUSANDS):

<TABLE>
<CAPTION>

                                                        Nine Months Ended                       Three Months Ended
                                                          September 30,                           September 30,
                                                   ----------------------------------    ------------------------------
                                                           2000              1999              2000          1999
                                                           ----              ----              ----          ----
             <S>                                  <C>                <C>                 <C>               <C>


              Revenues                             $    5,705,834     $    2,333,199      $    1,743,796  $   1,061,370

              Operating earnings                   $       12,752     $        6,813      $        4,125  $       2,544

</TABLE>

              Marketing division gross revenues increased by $3,372,635,000 or
145% and by $682,426,000 or 64% for the respective nine month and three
month periods. Such increases resulted because crude oil prices doubled and
volumes grew by approximately 50% during the comparative periods. Further,
during the fourth quarter of 1999, the Company significantly expanded its
presence in the wholesale marketplace for natural gas. This event also
contributed to increased revenues and earnings during 2000.

              Third quarter 2000 results were additionally affected by two
events. First, in May 2000, the Company entered into a joint venture
agreement with a third party for the purpose of purchasing, distributing,
and marketing crude oil in the Offshore Gulf of Mexico region (see also
Note 2 to Consolidated Financial Statements). The joint venture is
accounted for under the equity method of accounting. As a result, certain
crude oil purchases and sales previously reported in a gross fashion on the
consolidated statement of operations, are currently being reported on a net
basis included in marketing segment revenues. The second event, resulted
because a customer commenced an involuntary bankruptcy proceeding. While
the Company is the sole secured creditor and seeks full recovery of the
balance due from the third party, management estimated and recorded a $2.6
million pre-tax bad debt reserve provision. Such amount was included in
marketing segment operating expenses.

                                      -3-

<PAGE>   4

              Supplemental volume and price information for the marketing
division is as follows:

<TABLE>
<CAPTION>
                                                    Nine Months Ended                       Three Months Ended
                                                        September 30,                            September 30,
                                                 ---------------------------             ---------------------------
                                                  2000                1999                    2000             1999
                                                  ----                ----                    ----             ----
    <S>                                         <C>                 <C>                  <C>               <C>

     Wellhead Purchases - Per day (1)
        Crude oil - barrels                          307,900         211,000                 325,000         244,000
        Natural gas - mmbtu                           843,200              -  (2)            819,300               - (2)
     Average Price

        Crude oil - per barrel                   $      28.23     $    16.88             $     30.03       $   19.64
        Natural gas - per mmbtu                  $       3.55     $        -  (2)        $      4.26       $       - (2)
</TABLE>

     --------------
     (1) Reflects the volume of crude oil or natural gas purchased from third
     parties at the lease level and shipped to market. (2) Natural gas marketing
     operations were significantly expanded effective October 1, 1999.

              -  Transportation

              Transportation revenues and operating earnings (loss) were as
follows (IN THOUSANDS):
<TABLE>
<CAPTION>

                                        Nine Months Ended        Increase        Three Months Ended          Increase
                                          September 30,         (Decrease)          September 30,            (Decrease)
                                      ------------------------  ----------    --------------------------     ----------
                                         2000         1999                         2000           1999
                                         ----         ----                         ----           ----
              <S>                     <C>         <C>             <C>          <C>          <C>               <C>


              Revenues                $   26,279  $    25,723       2.2%       $  7,457     $   8,798           (15.2)%

              Operating earnings
                (loss)                $    1,429  $     1,597      (10.5)%     $    (41)    $     399          (110.3)%

</TABLE>


              Gross revenues improved during the first half of 2000 as the
Company saw improving demand for its services. However, during the third
quarter of 2000, demand from the Company's petrochemical industry customer
base slowed, resulting in reduced revenues. Also negatively impacting 2000
operating earnings were increased fuel prices and driver wage scales.
Demand did, however, pick up in October 2000 and has remained strong to
date.

                                       -4-

<PAGE>   5

              - Oil and Gas

              Oil and gas segment's revenues and operating earnings are
primarily a function of crude oil and natural gas prices and volumes.
Comparative amounts are as follows (IN THOUSANDS):

<TABLE>
<CAPTION>

                                                                Three Months Ended                Nine Months Ended
                                                                   September 30,                       September 30,
                                                              ---------------------             -------------------------
                                                                2000          1999                 2000              1999
                                                                ----          ----                 -----             ----
              <S>                                          <C>             <C>                  <C>              <C>

              Revenues                                      $ 4,258        $ 2,593              $ 1,925           $  877

              Operating earnings (loss)                     $ 1,123         $ (791)             $   848           $ (304)
</TABLE>


           The increase in this division's revenues and operating earnings is a
direct result of improved prices for both crude oil and natural gas,
partially offset by normal natural gas production declines. See
supplemental information below.

<TABLE>
<CAPTION>
                                                          Nine Months Ended                         Three Months Ended
                                                             September 30,                            September 30,
                                                   --------------------------------          --------------------------------
                                                     2000                1999                        2000             1999
                                                     ----                ----                        ----             ----
     <S>                                        <C>                <C>                        <C>                 <C>

     Crude oil
        Volume in barrels                             43,400          33,000                    17,400             12,000
        Average price per barrel                    $  28.64       $   13.58                 $   29.95          $   16.79

     Natural gas
        Volume in mmbtu's                            900,300        1,200,000                  315,300            340,000
        Average price per mmbtu's                   $   3.28       $     1.77                 $   4.48          $   2.09

</TABLE>


             - General and administrative

             Corporate general and administrative expenses increased for the
comparative current periods because of additional personnel and support costs
necessitated by the increased volume of business, most notably the
expansion into the natural gas marketing arena.

             - Other income (expense)

             Property sales and other income totaling $593,000 for the first
nine months of 2000 reflects interest income received. Property sales and
other income totaling $863,000 for 1999 reflects gains realized on the sale
of forty-five truck tractors in the first quarter of 1999.

                                      -5-
<PAGE>   6

Liquidity and Capital Resources

              During the first nine months of 2000, the Company's cash flow from
operations before working capital items totaled $12,714,000. The Company
invested $4,823,000 in capital expenditures including $832,000 in marketing
equipment, $778,000 in transportation operations and $3,213,000 in oil and
gas drilling activities. The remaining $7.9 million of cash flow before
working capital items served to meet general working capital needs. As the
marketing business continues to grow, the availability of trade credit
becomes increasingly critical to the success of the Company's operations.
Thus, management places great importance on maintaining a strong liquid
balance sheet.

              Refer to the "Liquidity and Capital Resources" section of the
Company's Annual Report on Form 10-K for the year ended December 31, 2000
for additional discussion of the Company's bank relationships and other
matters.

                                    -6-

<PAGE>   7

                 ADAMS RESOURCES & ENERGY, INC. AND SUBSIDIARIES
                           CONSOLIDATED BALANCE SHEET

                                 (IN THOUSANDS)

<TABLE>
<CAPTION>

                                                                         September 30,          December 31,
                                                                             2000                   1999
                                                                         ------------          --------------
                                                                        (Unaudited)
<S>                                                                    <C>                    <C>

ASSETS

Current assets:
  Cash and cash equivalents...................................           $       27,111        $        24,137
  Accounts receivable, net....................................                  268,420                216,978
  Inventories.................................................                   51,555                 21,475
  Prepaid and other...........................................                    4,628                  1,635
                                                                         --------------        ---------------

                Total current assets..........................                  351,714                264,225
                                                                         --------------        ---------------

Property and equipment........................................                   71,942                 67,235
  Less - accumulated depreciation,
         depletion and amortization...........................                  (43,516)               (38,590)
                                                                         ---------------       ---------------
                                                                                 28,426                 28,645
                                                                         --------------        ---------------


Other assets..................................................                      323                    178
                                                                         --------------        ---------------
                                                                         $      380,463        $       293,048
                                                                         ==============        ===============


LIABILITIES AND SHAREHOLDERS' EQUITY

Current liabilities:
  Accounts payable............................................           $      314,480        $       236,481
  Accrued and other liabilities...............................                    9,905                  8,306
                                                                         --------------        ---------------

         Total current liabilities............................                  324,385                244,787

Long-term debt, less current maturities.......................                    9,900                  9,900
Deferred taxes and other liabilities..........................                    3,101                  2,340
                                                                         --------------        ---------------
                                                                                337,386                257,027

Shareholders' equity:
  Preferred stock - $1.00 par value, 960,000 shares
      authorized, none outstanding............................                      -                        -
  Common stock - $.10 par value, 7,500,000
      shares authorized, 4,217,596 shares outstanding.........                      422                    422
  Contributed capital.........................................                   11,693                 11,693
  Retained earnings since December 31, 1992...................                   30,962                 23,906
                                                                         --------------        ---------------
         Total shareholders' equity ..........................                   43,077                 36,021
                                                                         --------------        ---------------
                                                                         $      380,463        $       293,048
                                                                         ==============        ===============
</TABLE>

              The accompanying notes are an integral part of these
                             financial statements.

                                      -7-
<PAGE>   8
                ADAMS RESOURCES & ENERGY, INC. AND SUBSIDIARIES
                 UNAUDITED CONSOLIDATED STATEMENT OF CASH FLOWS
                                 (IN THOUSANDS)

<TABLE>
<CAPTION>
                                                                                           Nine Months Ended
                                                                                              September 30,
                                                                                         -------------------------
                                                                                          2000               1999
                                                                                        ----------       ---------

<S>                                                                                    <C>              <C>

CASH PROVIDED (USED) BY OPERATIONS:
   Net earnings .................................................................       $    7,056       $    4,629
   Items of income not requiring (providing) cash -
    Depreciation, depletion and amortization ....................................            5,042            4,947
    Deferred income tax provision ...............................................              900            1,200
    Gain on sale of properties...................................................                -             (590)
    Equity in earnings of joint venture..........................................             (145)               -
    Other, net ..................................................................             (139)             (87)
   Decrease (increase) in accounts receivable ...................................          (51,442)         (87,885)
   Decrease (increase) in inventories ...........................................          (30,080)           1,338
   Decrease (increase) in prepaid and other .....................................           (2,993)            (216)
   Increase (decrease) in accounts payable ......................................           77,999          104,716
   Increase (decrease) in accrued liabilities ...................................            1,599            4,636
                                                                                        ----------       ----------

    Net cash provided (required) by operating activities ........................            7,797           32,688
                                                                                        ----------       ----------

INVESTING ACTIVITIES:
   Property and equipment additions .............................................           (4,823)          (4,050)
   Proceeds from property sales .................................................                 -           1,245
   Deposits returned ............................................................                 -           1,196
                                                                                        -----------      ----------

    Net cash provided by (used in) investing activities .........................           (4,823)          (1,609)
                                                                                        -----------      ----------

FINANCING ACTIVITIES:
   Repayment of debt ............................................................                -           (3,100)
                                                                                        ----------       -----------

    Net cash provided by (used in) financing activities .........................                -           (3,100)
                                                                                        ----------       ----------

Increase (decrease) in cash and cash equivalents.................................            2,974           27,979

Cash at beginning of period......................................................           24,137           10,215
                                                                                        ----------       ----------

Cash at end of period............................................................       $   27,111       $   38,149
                                                                                        ==========       ==========

Supplemental disclosure of cash flow information:

   Interest paid during the period ..............................................       $      144       $       53
                                                                                        ==========       ==========

   Income taxes paid during the period...........................................       $    3,443       $      651
                                                                                        ==========       ==========
</TABLE>


              The accompanying notes are an integral part of these
                             financial statements.

                                      -8-
<PAGE>   9
                 ADAMS RESOURCES & ENERGY, INC. AND SUBSIDIARIES
                               NOTES TO UNAUDITED
                        CONSOLIDATED FINANCIAL STATEMENTS


Note 1 - Basis of Presentation

              The accompanying consolidated financial statements are unaudited

but, in the opinion of the Company's management, include all adjustments
(consisting of normal recurring accruals) necessary for the fair
presentation of its financial position at September 30, 2000 and December
31, 1999 and its results of operations and cash flows for the nine months
ended and three months ended September 30, 2000 and 1999. Certain
information and note disclosures normally included in annual financial
statements prepared in accordance with accounting principles generally
accepted in the United States have been condensed or omitted pursuant to
Securities and Exchange Commission rules and regulations, although the
Company believes the disclosures made are adequate to make the information
presented not misleading. It is suggested that these consolidated financial
statements be read in conjunction with the financial statements, and the
notes thereto, included in the Company's latest annual report on Form 10-K.
The interim statement of operations is not necessarily indicative of
results to be expected for a full year.

Note 2 - Joint Venture

              Commencing in May 2000, the Company entered into a joint venture
arrangement with Williams Energy Marketing & Trading Co. for the purpose of
purchasing, distributing and marketing crude oil in the Offshore Gulf of
Mexico region. The new business operates as Williams-Gulfmark Energy Co.
pursuant to the terms of a joint venture agreement. The Company holds a 50%
interest in the net earnings of the venture and accounts for its interest
under the equity method of accounting. The Company's net investment in the
venture is reported in other assets in the consolidated balance sheet and
its equity in the venture's pretax earnings is included in marketing
segment revenues in the consolidated statement of operations. As of
September 30, 2000 and for the three and nine month periods then ended, the
Company's investment, net of distributions received, included in other
assets was $145,000 and the amount of pretax earnings included in marketing
revenues relating to the venture was $1,313,000. Included in such amount
was $690,000 which represents the impact of certain energy contracts
carried at fair market value.

                                      -9-

<PAGE>   10
                ADAMS RESOURCES & ENERGY, INC. AND SUBSIDIARIES
                               NOTES TO UNAUDITED
                        CONSOLIDATED FINANCIAL STATEMENTS


Note 3 - Segment Reporting

              The Company is primarily 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. Information
concerning the Company's various business activities is summarized as
follows (IN THOUSANDS):

<TABLE>
<CAPTION>
                                                                                Depreci-
                                                                                 ation,
                                                                               Depletion       Property
                                                               Segment           and             and
                                                              Operating        Amorti-         Equipment
                                           Revenues           Earnings         zation          Additions
                                        -------------        -----------     -----------      -----------
     <S>                               <C>                  <C>              <C>             <C>

     For the nine months ended
     September 30, 2000
     Marketing......................    $   5,705,834        $    12,752     $     2,144      $       832
     Transportation.................           26,792              1,429           1,099              778
     Oil and gas....................            4,258              1,123           1,799            3,213
                                        -------------        -----------     -----------      -----------
                                        $   5,736,884        $    15,304     $     5,042      $     4,823
                                        =============        ===========     ===========      ===========

     For the nine months ended
     September 30, 1999
     Marketing......................    $   2,333,199        $     6,813     $     2,384      $     1,850
     Transportation.................           25,723              1,597             788            1,564
     Oil and gas....................            2,593               (791)          1,775              636
                                        -------------        -----------     -----------      -----------
                                        $   2,361,515        $     7,619     $     4,947      $     4,050
                                         ============        ===========     ===========      ===========

     For the three months ended
     September 30, 2000
     Marketing......................    $   1,743,796        $     4,125     $       729      $       248
     Transportation.................            7,457                (41)            365              320
     Oil and gas....................            1,925                848             606            1,737
                                        -------------        -----------     -----------      -----------
                                        $   1,753,158        $     4,932     $     1,700      $     2,305
                                        =============        ===========     ===========      ===========

     For the three months ended
     September 30, 1999
     Marketing......................    $   1,061,370        $     2,544     $       738      $       830
     Transportation.................            8,798                399             290              619
     Oil and gas....................              877               (304)            624              370
                                        -------------        ------------    -----------      -----------
                                        $   1,071,045        $     2,639     $     1,652      $     1,819
                                        =============        ===========     ===========      ===========

</TABLE>

                                   -10-

<PAGE>   11
                 ADAMS RESOURCES & ENERGY, INC. AND SUBSIDIARIES
                               NOTES TO UNAUDITED
                        CONSOLIDATED FINANCIAL STATEMENTS

         Identifiable assets by industry segment are as follows (IN THOUSANDS):

<TABLE>
<CAPTION>
                                                                           September 30,               December 31,
                                                                               2000                        1999
                                                                           ------------         -----------------
         <S>                                                               <C>                  <C>

         Marketing...........................................               $    325,977         $         242,786
         Transportation......................................                     14,460                    15,412
         Oil and gas.........................................                     12,727                    10,449
         Other...............................................                     27,299                    24,401
                                                                            ------------         -----------------
                                                                            $    380,463         $         293,048
                                                                            ============         =================
</TABLE>

              Intersegment sales are insignificant. Other identifiable assets
are primarily corporate cash, accounts receivable, and properties not
identified with any specific segment of the Company's business. All sales
by the Company occurred in the United States.

              Earnings from operations by segment represent revenues less
operating costs and expenses and depreciation, depletion and amortization
and are reconciled to earnings from operations before income taxes, as
follows (IN THOUSANDS):

<TABLE>
<CAPTION>
                                                                Nine months ended               Three months ended
                                                                  September 30,                   September 30,
                                                             ---------------------             ---------------------
                                                              2000           1999               2000           1999
                                                              ----           ----               ----           ----
        <S>                                                <C>            <C>               <C>

         Segment operating earnings ...........             $ 15,304     $  7,619            $  4,932      $  2,639
         General and administrative expenses...                4,595        2,152               1,478           725
                                                           ---------    ---------            --------      --------
           Operating earnings..................               10,709        5,467               3,454         1,914
         Property sales and other..............                  593          863                 139           158
         Interest expense .....................                 (144)         (53)                (27)          (10)
                                                           ---------    ---------            --------      --------
       Earnings before income taxes........                 $ 11,158      $ 6,277            $  3,566      $  2,062
                                                           =========    =========            ========      ========
</TABLE>


Note 4 - Recent Accounting Pronouncements

              In June 1998, the Financial Accounting Standards Board issued
Statement of Financial Accounting Standards ("SFAS") No. 133, "Accounting
for Derivative Instruments and Hedging Activities." The Statement
establishes accounting and reporting standards requiring that every
derivative instrument (including certain derivative instruments embedded in
other contracts) be recorded in the balance sheet as either an asset or
liability measured at its fair value. The Statement requires that changes
in the derivative's fair value be recognized currently in earnings unless
specific hedge accounting criteria are met. Qualifying hedges allow a
derivative's gains and losses to offset related results on the hedged item
in the income statement, and requires that a

                                      -11-

<PAGE>   12



company must formally document, designate, and assess the effectiveness of
transactions that receive hedge accounting.

              In June 1999, the FASB issued SFAS NO. 137 which deferred the
effective date of SFAS No. 133 to fiscal years beginning after June 15,
2000. In June 2000, the FASB issued SFAS No. 138, which amends the
accounting and reporting standards of SFAS No. 133 for certain derivative
instruments and certain hedging activities. SFAS No. 133, as amended by
SFAS No. 137 and No.138, cannot be applied retroactively and must be
applied to (a) derivative instruments and (b) certain derivative
instruments embedded in hybrid contracts that were issued, acquired or
substantively modified after a transition date to be selected by the
Company of either December 31, 1997 or December 31, 1998. The Company plans
to adopt SFAS No. 133 on January 1, 2001. During the third quarter of 2000,
the Company completed an assessment of the Company's current derivative
activities. Based on this assessment, the Company estimates that pre-tax
earnings would be increased by approximately $500,000 upon adoption of SFAS
No. 133.

              On January 1, 1999 the Company adopted the Emerging Issues Task
Force's (EITF) Issue 98-10, "Accounting for Contracts Involved in Energy
Trading and Risk Management Activities." Issue 98-10 is effective for
fiscal years beginning after December 15, 1998, and requires energy trading
contracts (as defined) to be recorded at fair value on the balance sheet,
with the change in fair value included in earnings. The effect of initial
adoption on January 1, 1999 was not significant. The accompanying statement
of operations includes pretax income of $3,338,000 to reflect the future
income from marketing operations based upon the quarter prices of the
underlying commodities being traded. The accompanying balance sheet
reflects the fair value of the trading asset or $7,604,000 in current
assets and the fair value of the trading liability or $4,266,000 in current
liabilities.

Note 5 - Commitments and Contingencies

              On August 30, 2000 CJC Leasing, Inc. ("CJC"), a wholly owned
subsidiary of the Company previously involved in the coal mining business,
received a "Notice of Taxes Due" from the State of Kentucky regarding the
results of a coal severance tax audit covering the years 1989 through 1993.
The audit proposed a tax assessment of $8.3 million plus penalties and
interest. CJC has protested this assessment and has set forth a number of
defenses including that CJC was not a taxpayer engaged in severing and/or
mining coal at anytime during the assessment period. Further, it is CJC's
informed belief that such taxes were properly paid by the third parties
that had in fact mined the coal. Management intends to vigorously defend
CJC in this matter and believes that it will not ultimately have a
significant adverse effect on the Company's financial position or results
of operations.

                                      -12-
<PAGE>   13
                           PART II. OTHER INFORMATION


Item 1. - Legal Proceedings. On August 30, 2000 CJC Leasing, Inc. ("CJC"), a
          wholly owned subsidiary of the Company previously involved in the coal
          mining business received a "Notice of Taxes Due" from the State of
          Kentucky regarding the results of a coal severance tax audit covering
          the years 1989 through 1993. The audit proposed a tax assessment of
          $8.3 million plus penalties and interest. CJC has protested this
          assessment and has set forth a number of defenses including that CJC
          was not a taxpayer engaged in severing and/or mining coal at any time
          during the assessment period. Further, it is CJC's informed belief
          that such taxes were properly paid by the third parties that had in
          fact mined the coal. Management intends to vigorously defend CJC in
          this matter and believes that is will not ultimately have a
          significant adverse effect on the Company's its financial position or
          results of operations.

Item 2. - None.

Item 3. - None

Item 4. - None

Item 6. - Exhibits and Reports on Form 8K

a. Exhibits - None.
b. Reports on Form 8-K - None.


                                   -13-
<PAGE>   14




              Pursuant to the requirements of the Securities Exchange Act of
1934, the registrant has duly caused this report to be signed on its behalf
by the undersigned thereunto duly authorized.

                                             ADAMS RESOURCES & ENERGY, INC.
                                             (Registrant)




Date:  November 10, 2000                      By  /s/K. S. Adams, Jr.
       -----------------                          ------------------------------
                                                   K. S. Adams, Jr.
                                                   Chief Executive Officer



                                              By  /s/Richard B. Abshire
                                                  ------------------------------
                                                  Richard B. Abshire
                                                  Chief Financial Officer

                                      -14-


<PAGE>   15

                                  EXHIBIT INDEX

Exhibit
Number             Description

27*      -         Financial Data Schedule

------------------------------
*  - Filed herewith


                                      -15-