Adams Resources & Energy
Adams Resources & Energy is a diversified energy company engaged in the marketing, transportation, terminalling, and storage of crude oil and other related petroleum products in select markets across the United States. Through its subsidiaries GulfMark Energy, Firebird Bulk Carriers, Phoenix Oil, and Victoria Express Pipeline, the company purchases approximately 90,000 barrels per day at the wellhead and operates over 260 tractor-trailers and 112 pipeline inventory locations. Adams Resources & Energy serves multiple U.S. petroleum basins including the Gulf Coast, Eagle Ford Shale, Permian Basin, Bakken Shale, and Michigan, with over $1 billion in annual revenues and 400+ employees.
Features
Purchases and markets crude oil at the wellhead across multiple U.S. petroleum basins including the Gulf Coast, Eagle Ford Shale, Permian Basin, Bakken Shale, and Michigan.
Operates a fleet of over 260 tractor-trailers for the physical transportation of crude oil and petroleum products across the United States.
Provides terminalling and storage services with approximately 425,000 barrels of capacity across dock facilities and 112 pipeline inventory locations.
Through Firebird Bulk Carriers, provides bulk liquid transportation services for liquid chemicals and dry bulk commodities.
Through Phoenix Oil, provides recycling and repurposing services for off-spec fuels, lubricants, and chemicals.
Through Victoria Express Pipeline, operates pipeline infrastructure for crude oil transportation and delivery.
Use Cases
Energy producers and exploration companies can sell crude oil at the wellhead to Adams Resources for marketing and distribution across multiple U.S. basins.
Refiners and end-users can contract Adams Resources for the transportation and delivery of crude oil from production sites to refineries or storage facilities.
Companies requiring temporary or long-term storage of crude oil and petroleum products can utilize Adams Resources terminalling capabilities.
Chemical manufacturers and distributors can use Firebird Bulk Carriers for the safe transportation of liquid chemicals and dry bulk materials.
Refineries and industrial facilities can use Phoenix Oil services to recycle or repurpose off-spec fuels and lubricants rather than disposal.