8-K

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):  March 28, 2008

	ADAMS RESOURCES & ENERGY, INC.
	(Exact name of registrant as specified in its charter)
Delaware		1-7908	74-1753147
(State or other jurisdiction of incorporation)		(Commission file number)	(IRS employer identification no.)
4400 Post Oak Pkwy, Suite 2700, Houston, Texas			77027
(Address of principal executive offices)			(Zip code)
		(713) 881-3600
		(Registrant’s telephone number, including area code)

Item 2.02.  Results of Operations and Financial Condition.

On March 28, 2008, Adams Resources & Energy, Inc., a Delaware corporation, issued a press release announcing its financial results for the fourth quarter ended December 31, 2007.  A copy of the earnings release is furnished as Exhibit 99.1 to this report and is incorporated herein by reference.  The information in this Current Report on Form 8-K, including the exhibit, shall not be deemed “filed” for purposes of Section 18 of the Securities Exchange Act of 1934, as amended (the “Exchange Act”), or incorporated by reference in any filing under the Securities Act of 1933, as amended, or the Exchange Act, except as shall be expressly set forth by specific reference in such a filing.

SIGNATURE

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.

	ADAMS RESOURCES & ENERGY, INC.
Date:  March 28, 2008	By:/s/ Richard B. Abshire
	Richard B. Abshire
	Chief Financial Officer

EX-99.1

         Exhibit 99.1

         Rick Abshire

          (713) 881-3609

          FOR IMMEDIATE RELEASE

ADAMS RESOURCES ANNOUNCES FOURTH QUARTER 2007 EARNINGS

Houston (March 28, 2008) -- Adams Resources & Energy, Inc., (AMEX-AE), announced unaudited fourth quarter 2007 net earnings of $2,003,000 or $.47 per common share on revenues totaling $879,813,000.  This compares to unaudited fourth quarter 2006 net earnings of $1,124,000 or $.27 per share on revenues of $538,577,000. Net earnings for 2007 totaled $17,056,000 or $4.04 per share on revenues totaling $2,636,222,000.

A summary of operating results follows:

	Fourth Quarter
	2007			2006
Operating earnings (loss)
Marketing	$	6,618,000		$	3,742,000
Transportation		809,000			701,000
Oil and gas		(2,272,000	)		(751,000	)
General & administrative expenses		(3,483,000	)		(2,306,000	)
Interest earnings, net		416,000			431,000
Income tax provision		(85,000	)		(693,000	)
Net earnings	$	2,003,000		$	1,124,000

Chairman, K. S. “Bud” Adams, Jr., attributed the earnings increase to the Company’s marketing segment where a 76 percent increase in operating earnings was realized, in part, due to increased crude oil prices.  The Company also announced that during 2007, it participated in the drilling of 30 wells of which 21 wells were successful with eight dry holes and one well converted to salt water disposal service.  Oil and gas reserve additions for 2007 replaced 92 percent of production on an equivalent barrel basis.

…………………………………………………

The information in this release includes certain forward-looking statements that are based on assumptions that in the future may prove not to have been accurate. A number of factors could cause actual results or events to differ materially from those anticipated.  Such factors include, among others, (a) general economic conditions and demand for chemical based trucking services, (b) fluctuations in hydrocarbon prices and margins, (c) variations between crude oil and natural gas contract volumes and actual delivery volumes, (d) unanticipated environmental liabilities or regulatory changes, (e) counterparty credit default, (f) inability to obtain bank and/or trade credit support, (g) availability and cost of insurance, (h) changes in tax laws, and (i) the availability of capital, (j) changes in regulations, (k) results of current and future items of litigation, (l) uninsured items of litigation or losses, (m) uncertainty in reserve estimates and cash flows, (n) ability to replace oil and gas reserves, (o) security issues related to drivers and terminal facilities, (p) commodity price volatility and (q) successful completion of drilling activity.  These and other risks are described in the Company’s reports that are on file with the Securities and Exchange Commission.

UNAUDITED CONDENSED CONSOLIDATED STATEMENTS OF OPERATIONS
(In thousands, except per share data)
	Year Ended						Three Months Ended
	December 31,						December 31,
	2007			2006			2007			2006
Revenues	$	2,636,222		$	2,246,603		$	879,813		$	538,577
Costs, expenses and other		(2,610,708	)		(2,230,830	)		(877,725	)		(536,760	)
Income tax (provision)		(8,458	)		(5,290	)		(85	)		(693	)
Net earnings	$	17,056		$	10,483		$	2,003		$	1,124
Basic and diluted net earnings per
common share	$	4.04		$	2.49		$	.47		$	.27
Dividends per common share	$	.47		$	.42		$	.47		$	.42

UNAUDITED CONDENSED CONSOLIDATED BALANCE SHEETS
(In thousands)
	December 31,		December 31,
	2007		2006
ASSETS
Cash	$	23,697	$	20,668
Other current assets		288,196		221,122
Total current assets		311,893		241,790
Net property & equipment		39,698		43,316
Other assets		5,484		4,181
	$	357,075	$	289,287
LIABILITIES AND EQUITY
Total current liabilities	$	261,321	$	206,582
Long-term debt		-		3,000
Deferred taxes and other		6,312		5,337
Shareholders’ equity		89,442		74,368
	$	357,075	$	289,287