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):  November 8, 2012

	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.)
17 South Briar Hollow Lane, Suite 100 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 November 8, 2012, Adams Resources & Energy, Inc., a Delaware corporation, issued a press release announcing financial results for the third quarter ended September 30, 2012.  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:  November 9, 2012	By:/s/ Richard B. Abshire
	Richard B. Abshire
	Chief Financial Officer

EX-99.1 CHARTER

EXHIBIT 99.1

FOR IMMEDIATE RELEASE

Rick Abshire (713) 881-3609

ADAMS RESOURCES ANNOUNCES THIRD QUARTER 2012 EARNINGS

 AND INCREASES DIVIDEND

Houston (November 8, 2012)--Adams Resources & Energy, Inc. (NYSE MKT-AE) announced third quarter 2012 unaudited net earnings of $ 8,263,000 or $1.96 per common share.  Current earnings compare to unaudited third quarter 2011 net earnings of $9,026,000 or $2.14 per common share.  For the nine months ended September 30, 2012, net earnings were $20,224,000 or $4.79 per common share. Third quarter 2012 revenues totaled $795,525,000 and were $2,504,488,000 for the first nine months of the year.

President and Chief Executive Officer, F.T. “Chip” Webster attributed the current quarterly earnings variance to a $623,000 state tax refund received in 2011 that reduced the prior third quarter tax expense. Mr. Webster added that marketing operating earnings were reduced by $2.6 million for the comparative current quarter with a narrowing of unit margins resulting from expanded competition in the South Texas operational area.  However, such decline was offset by dry hole and impairment expense reductions within the Company’s oil and gas exploration operation and $1.5 million of pre-tax gains from equipment and property sales.

A summary of operating results is as follows:

	Third Quarter
	2012			2011
Operating Earnings (Expense)
Marketing	$	13,452,000		$	16,055,000
Transportation		2,607,000			2,078,000
Oil and gas		314,000			(1,462,000	)
Administrative expenses		(2,603,000	)		(2,727,000	)
		13,770,000			13,944,000
Interest income, net		77,000			142,000
Income tax (provision)		(5,510,000	)		(4,820,000	)
Discontinued operations		(74,000	)		(240,000	)
Net earnings	$	8,263,000		$	9,026,000

Adams Resources & Energy, Inc. also announced its Board of Directors has declared an annual cash dividend in the amount of $.62 per common share, payable on December 17, 2012 to shareholders of record as of December 3, 2012.  The 2012 cash dividend represents a nine percent increase over the prior year amount.

……………………………………………….

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, (b) fluctuations in hydrocarbon prices and margins, (c) variations between commodity 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, (i) the availability of capital, (j) changes in regulations, (k) results of current 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, (q) demand for chemical based trucking operations, (r) successful completion of drilling activity, (s) financial soundness of customers and suppliers and (t) adverse world economic conditions.  These and other risks are described in the Company’s reports that are on file with the Securities and Exchange Commission.

UNAUDITED CONDENSED CONSOLIDATED STATEMENT OF OPERATIONS
(In thousands, except per share data)
	Nine Months Ended						Three Months Ended
	September 30,						September 30,
	2012			2011			2012			2011
Revenues	$	2,504,488		$	2,197,379		$	795,525		$	755,995
Costs, expenses and other		(2,472,657	)		(2,168,986	)		(781,678	)		(741,909	)
Income tax (provision)		(11,947	)		(9,994	)		(5,510	)		(4,820	)
Earnings from continuing operations		19,884			18,399			8,337			9,266
Earnings (loss) from discontinued
operations		340			(201	)		(74	)		(240	)
Net earnings	$	20,224		$	18,198		$	8,263		$	9,026
Earnings (loss) per common share:
From continuing operations	$	4.71		$	4.36		$	1.98		$	2.20
From discontinued operations		.08			(.05	)		(.02	)		(.06	)
Basic and diluted net earnings
per common share	$	4.79		$	4.31		$	1.96		$	2.14
Dividends per common share	$	-		$	-		$	-		$	-

UNAUDITED CONDENSED CONSOLIDATED BALANCE SHEET
(In thousands)
	September 30,		December 31,
	2012		2011
ASSETS
Cash and marketable securities	$	52,054	$	37,066
Other current assets		236,694		267,899
Total current assets		288,748		304,965
Net property & equipment		95,471		68,857
Deposits and other assets		4,436		5,018
	$	388,655	$	378,840
LIABILITIES AND EQUITY
Total current liabilities	$	241,057	$	256,094
Other long-term liabilities		16,692		12,064
Shareholders’ equity		130,906		110,682
	$	388,655	$	378,840