# EDGAR Filing Document

**Accession Number:** 0000002178
**File Stem:** 0000002178-23-000005
**Filing Date:** 2023-2
**Character Count:** 9156
**Document Hash:** 1b554e0e90b48db7441f346ea3185b30
**Contains OCR:** False
**Source Format:** 

## Filing Content

## Filing Summary
**0000002178-23-000005.hdr.sgml**: 20230221

**ACCESSION NUMBER**: 0000002178-23-000005

**CONFORMED SUBMISSION TYPE**: 8-K

**PUBLIC DOCUMENT COUNT**: 14

**CONFORMED PERIOD OF REPORT**: 20230221

**ITEM INFORMATION**: Regulation FD Disclosure

**ITEM INFORMATION**: Financial Statements and Exhibits

**FILED AS OF DATE**: 20230221

**DATE AS OF CHANGE**: 20230221

**FILER**: 

**COMPANY DATA:**
- **COMPANY CONFORMED NAME:** ADAMS RESOURCES & ENERGY, INC.
- **CENTRAL INDEX KEY:** 0000002178
- **STANDARD INDUSTRIAL CLASSIFICATION:** WHOLESALE-PETROLEUM & PETROLEUM PRODUCTS (NO BULK STATIONS) [5172]
- **IRS NUMBER:** 741753147
- **STATE OF INCORPORATION:** DE
- **FISCAL YEAR END:** 1231

**FILING VALUES:**
- **FORM TYPE:** 8-K
- **SEC ACT:** 1934 Act
- **SEC FILE NUMBER:** 001-07908
- **FILM NUMBER:** 23648253

**BUSINESS ADDRESS:**
- **STREET 1:** 17 S. BRIAR HOLLOW LN.
- **CITY:** HOUSTON
- **STATE:** TX
- **ZIP:** 77027
- **BUSINESS PHONE:** 713-881-3600

**MAIL ADDRESS:**
- **STREET 1:** P O BOX 844
- **CITY:** HOUSTON
- **STATE:** TX
- **ZIP:** 77001

**FORMER COMPANY:**
- **FORMER CONFORMED NAME:** ADAMS RESOURCES & ENERGY INC
- **DATE OF NAME CHANGE:** 19920703

**FORMER COMPANY:**
- **FORMER CONFORMED NAME:** ADA RESOURCES INC
- **DATE OF NAME CHANGE:** 19790620

?xml version="1.0" ? ae-20230221

**UNITED STATES**

**SECURITIES AND EXCHANGE COMMISSION**

**Washington, D.C. 20549**

**FORM 8-K**

**CURRENT REPORT**

Pursuant to Section 13 OR 15(d)

of The Securities Exchange Act of 1934

Date of Report (Date of earliest event reported): February 21, 2023

**ADAMS RESOURCES & ENERGY, INC.**

(Exact name of registrant as specified in its charter)

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| | | |
|:---|:---|:---|
| **Delaware** | **1-7908** | **74-1753147** |
| (State or other jurisdiction | (Commission | (IRS Employer |
| of incorporation) | File Number) | Identification No.) |

---

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| | |
|:---|:---|
| **17 South Briar Hollow Lane, Suite 100, Houston, Texas** | **77027** |
| (Address of principal executive offices) | (Zip Code) |

---

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

Check the appropriate box below if the Form 8-K filing is intended to simultaneously satisfy the filing obligation of the registrant under any of the following provisions:

☐ Written communications pursuant to Rule 425 under the Securities Act (17 CFR 230.425)

☐ Soliciting material pursuant to Rule 14a-12 under the Exchange Act (17 CFR 240.14a-12)

☐ Pre-commencement communications pursuant to Rule 14d-2(b) under the Exchange Act (17 CFR 240.14d-2(b))

☐ Pre-commencement communications pursuant to Rule 13e-4(c) under the Exchange Act (17 CFR 240.13e-4(c))

Securities registered pursuant to Section 12(b) of the Act:

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| | | |
|:---|:---|:---|
| Title of each class | Trading Symbol(s) | Name of each exchange on which registered |
| Common Stock, $0.10 par value | AE | NYSE American LLC |

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| | | |
|:---|:---|:---|
| Indicate by check mark whether the registrant is an emerging growth company as defined in Rule 405 of the Securities Act of 1933 (§230.405 of this chapter) or Rule 12b-2 of the Securities Exchange Act of 1934 (§240.12b-2 of this chapter). | Indicate by check mark whether the registrant is an emerging growth company as defined in Rule 405 of the Securities Act of 1933 (§230.405 of this chapter) or Rule 12b-2 of the Securities Exchange Act of 1934 (§240.12b-2 of this chapter). | |
| | Emerging growth company | ☐ |
| If an emerging growth company, indicate by check mark if the registrant has elected not to use the extended transition period for complying with any new or revised financial accounting standards provided pursuant to Section 13(a) of the Exchange Act. ☐ | If an emerging growth company, indicate by check mark if the registrant has elected not to use the extended transition period for complying with any new or revised financial accounting standards provided pursuant to Section 13(a) of the Exchange Act. ☐ | |

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**Item 7.01 Regulation FD Disclosure.**

On February 21, 2023, Adams Resources & Energy, Inc., a Delaware corporation, issued a press release announcing a cash dividend of $0.24 per common share payable on March 24, 2023 to shareholders of record as of the close of business on March 10, 2023. A copy of the press release is attached to this Current Report on Form 8-K as Exhibit 99.1 and is hereby incorporated herein by reference. The information set forth in this Item 7.01 is deemed to be furnished and shall not be deemed to be "filed" for the purposes of Section 18 of the Securities Exchange Act of 1934, as amended.

**Item 9.01 Financial Statements and Exhibits.** 

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;**(d) Exhibits.** 

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;

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| | |
|:---|:---|
| 99.1 | <u>[Press release of Adams Resources & Energy, Inc. issued February](a4q2022ex991_dividenddecla.htm)[21](a4q2022ex991_dividenddecla.htm)[, 202](a4q2022ex991_dividenddecla.htm)[3](a4q2022ex991_dividenddecla.htm)</u>. |
| 104 | Cover Page Interactive Data File — the cover page interactive data file does not appear in the Interactive Data File because its XBRL tags are embedded within the Inline XBRL document. |

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**SIGNATURES**

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 hereunto duly authorized.

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| | | | |
|:---|:---|:---|:---|
| | | | **ADAMS RESOURCES & ENERGY, INC.** |
| Date: | February 21, 2023 | By: | /s/ Tracy E. Ohmart |
|  |  |  | &nbsp;&nbsp;Tracy E. Ohmart |
|  |  |  | &nbsp;&nbsp;*Chief Financial Officer* |
|  |  |  | &nbsp;&nbsp;*(Principal Financial Officer and* |
|  |  |  | &nbsp;&nbsp;*Principal Accounting Officer)* |

---

## Exhibit 99.1

**Exhibit 99.1**

**FOR IMMEDIATE RELEASE**

![adamslogoa03.jpg](adamslogoa03.jpg)

**ADAMS RESOURCES & ENERGY, INC. ANNOUNCES** 

**QUARTERLY CASH DIVIDEND**

**Houston, Texas (Tuesday, February 21, 2023)** -- Adams Resources & Energy, Inc. (NYSE AMERICAN: AE) ("Adams" or the "Company") today announced that its Board of Directors declared a quarterly cash dividend in the amount of $0.24 per common share for the fourth quarter of 2022, payable on March 24, 2023 to shareholders of record as of close of business on March 10, 2023.

Kevin J. Roycraft, Adams' Chief Executive Officer and President, commented, "We are pleased to declare another regular cash dividend for the benefit of our shareholders. We have consistently paid a dividend for more than 25 years, which is a direct result of our unwavering focus on ensuring the stability of our business and the strength of our corporate financial position."

**Adams Resources & Energy, Inc.** is engaged in crude oil marketing, transportation, terminalling and storage, tank truck transportation of liquid chemicals and dry bulk, interstate bulk transportation logistics of crude oil, condensate, fuels, oils and other petroleum products and recycling and repurposing of off-specification fuels, lubricants, crude oil and other chemicals through its subsidiaries, GulfMark Energy, Inc., Service Transport Company, Victoria Express Pipeline, LLC, GulfMark Terminals, LLC, Firebird Bulk Carriers, Inc. and Phoenix Oil, Inc. For more information, visit <u>www.adamsresources.com</u>.

**Cautionary Statement Regarding Forward-Looking Statements**

*This news release contains forward-looking statements. Forward-looking statements relate to future events and anticipated results of operations, business strategies, and other aspects of our operations or operating results. In many cases you can identify forward-looking statements by terminology such as "anticipate," "intend," "plan," "project," "estimate," "continue," "potential," "should," "could," "may," "will," "objective," "guidance," "outlook," "effort," "expect," "believe," "predict," "budget," "projection," "goal," "forecast," "target" or similar words. Statements may be forward looking even in the absence of these particular words. Where, in any forward-looking statement, the Company expresses an expectation or belief as to future results, such expectation or belief is expressed in good faith and believed to have a reasonable basis. Forward-looking statements are subject to risks and uncertainties that could cause actual results to differ materially from those expressed or implied in the forward-looking statements, and any other risk factors included in Adams' reports filed with the Securities and Exchange Commission. However, there can be no assurance that such expectation or belief will result or be achieved. Unless legally required, Adams undertakes no obligation to update publicly any forward-looking statements, whether as a result of new information, future events or otherwise.*

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**Company Contact** 

Tracy E. Ohmart

EVP, Chief Financial Officer

tohmart@adamsresources.com

(713) 881-3609

**Investor Relations Contact**

Gary Guyton or Steven Hooser

Three Part Advisors

(214) 442-0016

<br>