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):  May 13, 2009

	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 May 13, 2009, Adams Resources & Energy, Inc., a Delaware corporation, issued a press release announcing financial results for the first quarter ended March 31, 2009.  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:  May 13, 2009	By:/s/ Richard B. Abshire
	Richard B. Abshire
	Chief Financial Officer

EX-99.1 CHARTER

                         Exhibit 99.1

       Rick Abshire

     (713) 881-3609

        FOR IMMEDIATE RELEASE

ADAMS RESOURCES ANNOUNCES FIRST QUARTER 2009 EARNINGS

Houston (May 13, 2009) -- Adams Resources & Energy, Inc., (NYSE Amex -AE), announced first quarter 2009 unaudited net earnings of $1,870,000 or $.44 per common share on revenues of $340,141,000.  This compares to unaudited first quarter 2008 net earnings of $2,211,000 or $.52 per common share.  Net cash provided by operating activities totaled $8,984,000 for the three month period ended March 31, 2009.

Chairman, K. S. “Bud” Adams, Jr., attributed the earnings decline to reduced natural gas prices and the general slowdown in the United States economy.  These events adversely impacted the Company’s oil and gas operation and its chemical tank-truck transportation business.  Mr. Adams added that the Company continues to avoid bank debt and other forms of debenture obligations and cash balances stood at $22,311,000 as of March 31, 2009.

A summary of operating results follows:

	First Quarter
	2009			2008
Operating Earnings (Loss)
Marketing	$	5,448,000		$	4,202,000
Transportation		(178,000	)		760,000
Oil and gas		(160,000	)		956,000
Administrative expenses		(2,310,000	)		(2,917,000	)
		2,800,000			3,001,000
Interest income, net		26,000			351,000
Income tax  benefit (provision)		(956,000	)		(1,141,000	)
Net earnings (loss)	$	1,870,000		$	2,211,000

…………………………………………………

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, and (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 EARNINGS
(In thousands)
	March 31,			March 31,
	2009			2008
Revenues	$	340,141		$	965,988
Costs, expenses and other		(337,315	)		(962,636	)
Income tax (provision) benefit		(956	)		(1,141	)
Net earnings	$	1,870		$	2,211
Basic and diluted net earnings
per common share	$	.44		$	.52
Dividends per common share	$	-		$	-

UNAUDITED CONDENSED CONSOLIDATED BALANCE SHEET
(In thousands)
	March 31,		December 31,
	2009		2008
ASSETS
Cash	$	22,311	$	18,208
Other current assets		143,808		151,158
Total current assets		166,119		169,366
Net property & equipment		37,674		35,586
Deposits and other assets		5,194		5,974
	$	208,987	$	210,926
LIABILITIES AND EQUITY
Total current liabilities	$	123,921	$	127,807
Other long-term liabilities		1,435		1,358
Shareholders’ equity		83,631		81,761
	$	208,987	$	210,926