Adams Resources Announces Third Quarter 2010 Results and Increases Annual Dividend

Adams Resources & Energy, Inc., AE, announced today unaudited third quarter 2010 net earnings of $2,762,000 or $.66 per common share. Revenues for the quarter totaled $502,455,000. Current results compare to unaudited third quarter 2009 net earnings of $639,000 or $.15 per common share. For the nine months ended September 30, 2010 unaudited net earnings were $6,241,000 or $1.48 per share on revenues totaling $1,583,381,000. Net cash provided by operating activities was $26,494,000 for the nine-month period ended September 30, 2010.