Adams Resources & Energy, Inc. (AE) financial statements (2022 and earlier)

Company profile

Business Address 17 S. BRIAR HOLLOW LN.
HOUSTON, TX 77027
State of Incorp. DE
Fiscal Year End December 31
SIC 5172 - Petroleum and Petroleum Products Wholesalers, Except Bulk Stations and Terminals (benchmarking)
More info Complete financial analysis Financial benchmarking

Balance sheet (Statement of financial position) ($ in millions)

12/31/2021
12/31/2020
12/31/2019
12/31/2018
12/31/2017
12/31/2016
12/31/2015
ASSETS
Current Assets
Cash, cash equivalents, and short-term investments98391131171098792
Cash and cash equivalents98391131171098792
Restricted cash and investments9139    
Receivables14411397881239074
Inventory, net of allowances, customer advances and progress billings919261512132
Inventory919261512132
Prepaid expense2322122
Derivative instruments and hedges, assets00 000 
Other undisclosed current assets10  8  6
Total current assets:273188247230246193177
Noncurrent Assets
Operating lease, right-of-use asset7810
Property, plant and equipment88946945294660
Long-term investments and receivables    03 
Long-term investments    03 
Intangible assets, net (including goodwill)342    
Intangible assets, net (excluding goodwill)342    
Other noncurrent assets32    7
Other undisclosed noncurrent assets  3576 
Total noncurrent assets:1011098449375467
TOTAL ASSETS:375296331279283247243
LIABILITIES AND EQUITY
Liabilities
Current Liabilities
Accounts payable and accrued liabilities168861481161258080
Accounts payable168861481161258074
Accrued liabilities      6
Debt44410  
Derivative instruments and hedges, liabilities00 0000
Due to related parties  00000
Other liabilities1222     
Other undisclosed current liabilities227646 
Total current liabilities:1861151601231308680
Noncurrent Liabilities
Long-term debt and lease obligation15181231  
Finance lease, liability10124
Capital lease obligations31  
Operating lease, liability567
Liabilities, other than long-term debt22821910
Asset retirement obligations2222122
Deferred tax liabilities, net  78
Deferred income tax liabilities  6
Other undisclosed noncurrent liabilities1113043 0
Total noncurrent liabilities:28332096911
Total liabilities:2141471791321369691
Stockholders' equity
Stockholders' equity attributable to parent160149152147147151153
Common stock0000000
Additional paid in capital17131312121212
Retained earnings143135138134135139140
Total stockholders' equity:160149152147147151153
TOTAL LIABILITIES AND EQUITY:375296331279283247243

Income statement (P&L) ($ in millions)

12/31/2021
12/31/2020
12/31/2019
12/31/2018
12/31/2017
12/31/2016
12/31/2015
Revenues2,0251,0221,8111,7501,3221,1001,944
Cost of revenue(1,990)(1,017)(1,793)(1,741)(1,309)(1,083)(1,913)
Cost of goods and services sold (24) (5)(1,297)(1,064)(1,913)
Gross profit:355189131731
Operating expenses(19)(11)(10)(8)(12)(11)(34)
Operating income (loss):16(6)8126(2)
Nonoperating income (expense)(1)032(5)10
Investment income, nonoperating0132(2)10
Interest and debt expense(1)(0)(1)(0)(0)(0)(0)
Other undisclosed income from continuing operations before equity method investments, income taxes 0100  
Income (loss) from continuing operations before equity method investments, income taxes:15(6)113(3)7(2)
Other undisclosed income from continuing operations before income taxes1      
Income (loss) from continuing operations before income taxes:16(6)113(3)7(2)
Income tax expense (benefit)(4)7(2)(1)3(3)1
Net income (loss):12183(0)4(1)
Other undisclosed net loss attributable to parent     (1) 
Net income (loss) available to common stockholders, diluted:12183(0)3(1)

Comprehensive Income ($ in millions)

12/31/2021
12/31/2020
12/31/2019
12/31/2018
12/31/2017
12/31/2016
12/31/2015
Net income (loss):12183(0)4(1)
Comprehensive income (loss), net of tax, attributable to parent:12183(0)4(1)

Statements sources

The financial statements are based on the company's filings with the The U.S. Securities and Exchange Commission (SEC) through the Electronic Data Gathering, Analysis, and Retrieval system (EDGAR). The information is derived from the 10-K and 10-Q reports submitted to the SEC in XBRL (eXtensible Business Reporting Language) format and presented according to the US GAAP Taxonomy. Please review the original filings for a more detailed information.

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