Murray Brasseux - Adams Resources Independent Director

AE Stock  USD 29.32  0.20  0.68%   

Director

Mr. Murray E. Brasseux is an Independent Director of Adams Resources Energy, Inc since 2015.
Age 70
Tenure 9 years
Address 17 South Briar Hollow Lane, Houston, TX, United States, 77027
Phone713 881 3600
Webhttps://www.adamsresources.com
Brasseux recently retired as the Managing Director, Oil & Gas Finance at BBVA Compass Bank. Originally employed by the bank in 1994, he started their energy lending group and grew it to approximately $8 billion in energy lending commitments servicing approximately 170 upstream and midstream companies. His extensive banking experience included energy lending positions with Bank One, MCorporationand Bank of the Southwest, Mr. Brasseux also spent several years as a cofounder and Vice PresidentFinance of a private exploration company in Louisiana. A former First Lieutenant in the U.S. Air Force with specialization in accounting and finance, Mr. Brasseux obtained a BS in Finance in 1972 and a MS in Finance in 1976 from Louisiana State University.

Murray Brasseux Latest Insider Activity

Tracking and analyzing the buying and selling activities of Murray Brasseux against Adams Resources stock is an integral part of due diligence when investing in Adams Resources. Murray Brasseux insider activity provides valuable insight into whether Adams Resources is net buyers or sellers over its current business cycle. Note, Adams Resources insiders must abide by specific rules, including filing SEC forms every time they buy or sell Adams Resources'shares to prevent insider trading or benefiting illegally from material non-public information that their positions give them access to.

Adams Resources Management Efficiency

As of April 19, 2024, Return On Tangible Assets is expected to decline to 0.0006. In addition to that, Return On Capital Employed is expected to decline to 0.02. At present, Adams Resources' Net Tangible Assets are projected to decrease significantly based on the last few years of reporting. The current year's Intangible Assets is expected to grow to about 8.4 M, whereas Non Currrent Assets Other are forecasted to decline to about 3 M. Adams Resources' management efficiency ratios could be used to measure how well Adams Resources manages its routine affairs as well as how well it operates its assets and liabilities.
The company reports 53.6 M of total liabilities with total debt to equity ratio (D/E) of 0.12, which may suggest the company is not taking enough advantage from financial leverage. Adams Resources Energy has a current ratio of 1.28, indicating that it is in a questionable position to pay out its debt commitments in time. Debt can assist Adams Resources until it has trouble settling it off, either with new capital or with free cash flow. So, Adams Resources' shareholders could walk away with nothing if the company can't fulfill its legal obligations to repay debt. However, a more frequent occurrence is when companies like Adams Resources Energy sell additional shares at bargain prices, diluting existing shareholders. Debt, in this case, can be an excellent and much better tool for Adams to invest in growth at high rates of return. When we think about Adams Resources' use of debt, we should always consider it together with cash and equity.

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Adams Resources Energy, Inc., through its subsidiaries, primarily engages in the marketing, transportation, terminalling, and storage in various crude oil and natural gas basins in the United States. Adams Resources Energy, Inc. was founded in 1947 and is headquartered in Houston, Texas. Adams Resources operates under Oil Gas Refining Marketing classification in the United States and is traded on AMEX Exchange. It employs 710 people. Adams Resources Energy (AE) is traded on NYSE MKT Exchange in USA. It is located in 17 South Briar Hollow Lane, Houston, TX, United States, 77027 and employs 741 people. Adams Resources is listed under Oil & Gas Refining & Marketing category by Fama And French industry classification.

Management Performance

Adams Resources Energy Leadership Team

Elected by the shareholders, the Adams Resources' board of directors comprises two types of representatives: Adams Resources inside directors who are chosen from within the company, and outside directors, selected externally and held independent of Adams. The board's role is to monitor Adams Resources' management team and ensure that shareholders' interests are well served. Adams Resources' inside directors are responsible for reviewing and approving budgets prepared by upper management to implement core corporate initiatives and projects. On the other hand, Adams Resources' outside directors are responsible for providing unbiased perspectives on the board's policies.
Townes Pressler, Executive Chairman of the Board
Michelle Earley, Independent Director
W Scofield, Director
Charles Stevens, Non Board
Richard Jenner, Independent Director
Geoffrey Griffith, President
Thomas Smith, Chairman, CEO and Pres
Tracy Ohmart, Chief Financial Officer, Executive Vice President, Treasurer
David Hurst, Corporate Secretary
Frank Webster, CEO and President COO and Director
Edward Reinauer, Independent Director
Sharon Davis, Chief Operating Officer, Executive Vice President, Chief Accounting Officer
Kevin Roycraft, President, Chief Executive Officer, and Interim President of GulfMark Energy, Inc.
Josh Anders, CFO, Executive Vice President Treasurer
John Niemann, Independent Director
Wade Harrison, President - Service Transport
John Barrett, Non Board
Richard Abshire, CFO and VP
Murray Brasseux, Independent Director
Dennis Dominic, Independent Director
Mike Leggio, Chief Officer
Larry Bell, Independent Director
Greg Mills, President of GulfMark Energy, Inc.

Adams Stock Performance Indicators

The ability to make a profit is the ultimate goal of any investor. But to identify the right stock is not an easy task. Is Adams Resources a good investment? Although profit is still the single most important financial element of any organization, multiple performance indicators can help investors identify the equity that they will appreciate over time.
Some investors attempt to determine whether the market's mood is bullish or bearish by monitoring changes in market sentiment. Unlike more traditional methods such as technical analysis, investor sentiment usually refers to the aggregate attitude towards Adams Resources in the overall investment community. So, suppose investors can accurately measure the market's sentiment. In that case, they can use it for their benefit. For example, some tools to gauge market sentiment could be utilized using contrarian indexes, Adams Resources' short interest history, or implied volatility extrapolated from Adams Resources options trading.

Pair Trading with Adams Resources

One of the main advantages of trading using pair correlations is that every trade hedges away some risk. Because there are two separate transactions required, even if Adams Resources position performs unexpectedly, the other equity can make up some of the losses. Pair trading also minimizes risk from directional movements in the market. For example, if an entire industry or sector drops because of unexpected headlines, the short position in Adams Resources will appreciate offsetting losses from the drop in the long position's value.

Moving against Adams Stock

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The ability to find closely correlated positions to Adams Resources could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace Adams Resources when you sell it. If you don't do this, your portfolio allocation will be skewed against your target asset allocation. So, investors can't just sell and buy back Adams Resources - that would be a violation of the tax code under the "wash sale" rule, and this is why you need to find a similar enough asset and use the proceeds from selling Adams Resources Energy to buy it.
The correlation of Adams Resources is a statistical measure of how it moves in relation to other instruments. This measure is expressed in what is known as the correlation coefficient, which ranges between -1 and +1. A perfect positive correlation (i.e., a correlation coefficient of +1) implies that as Adams Resources moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if Adams Resources Energy moves in either direction, the perfectly negatively correlated security will move in the opposite direction. If the correlation is 0, the equities are not correlated; they are entirely random. A correlation greater than 0.8 is generally described as strong, whereas a correlation less than 0.5 is generally considered weak.
Correlation analysis and pair trading evaluation for Adams Resources can also be used as hedging techniques within a particular sector or industry or even over random equities to generate a better risk-adjusted return on your portfolios.
Pair CorrelationCorrelation Matching
When determining whether Adams Resources Energy is a strong investment it is important to analyze Adams Resources' competitive position within its industry, examining market share, product or service uniqueness, and competitive advantages. Beyond financials and market position, potential investors should also consider broader economic conditions, industry trends, and any regulatory or geopolitical factors that may impact Adams Resources' future performance. For an informed investment choice regarding Adams Stock, refer to the following important reports:
Check out Trending Equities to better understand how to build diversified portfolios, which includes a position in Adams Resources Energy. Also, note that the market value of any company could be tightly coupled with the direction of predictive economic indicators such as signals in income.
Note that the Adams Resources Energy information on this page should be used as a complementary analysis to other Adams Resources' statistical models used to find the right mix of equity instruments to add to your existing portfolios or create a brand new portfolio. You can also try the Portfolio Analyzer module to portfolio analysis module that provides access to portfolio diagnostics and optimization engine.

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When running Adams Resources' price analysis, check to measure Adams Resources' market volatility, profitability, liquidity, solvency, efficiency, growth potential, financial leverage, and other vital indicators. We have many different tools that can be utilized to determine how healthy Adams Resources is operating at the current time. Most of Adams Resources' value examination focuses on studying past and present price action to predict the probability of Adams Resources' future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Adams Resources' price. Additionally, you may evaluate how the addition of Adams Resources to your portfolios can decrease your overall portfolio volatility.
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Is Adams Resources' industry expected to grow? Or is there an opportunity to expand the business' product line in the future? Factors like these will boost the valuation of Adams Resources. If investors know Adams will grow in the future, the company's valuation will be higher. The financial industry is built on trying to define current growth potential and future valuation accurately. All the valuation information about Adams Resources listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
Quarterly Earnings Growth
0.763
Dividend Share
0.96
Earnings Share
0.08
Revenue Per Share
1.1 K
Quarterly Revenue Growth
(0.05)
The market value of Adams Resources Energy is measured differently than its book value, which is the value of Adams that is recorded on the company's balance sheet. Investors also form their own opinion of Adams Resources' value that differs from its market value or its book value, called intrinsic value, which is Adams Resources' true underlying value. Investors use various methods to calculate intrinsic value and buy a stock when its market value falls below its intrinsic value. Because Adams Resources' market value can be influenced by many factors that don't directly affect Adams Resources' underlying business (such as a pandemic or basic market pessimism), market value can vary widely from intrinsic value.
Please note, there is a significant difference between Adams Resources' value and its price as these two are different measures arrived at by different means. Investors typically determine if Adams Resources is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Adams Resources' price is the amount at which it trades on the open market and represents the number that a seller and buyer find agreeable to each party.