Adams Resources and Energy, Inc. is a Fortune 1000 company engaged in the production and marketing of crude oil, natural gas and liquid chemical products. Adams was founded by K. S. "Bud" Adams Jr. in 1947, as the ADA Oil Company and went public in 1974. The Company and its subsidiaries presently have over 800 employees. The Company's GulfMark Energy, Inc. subsidiary purchases crude oil from independent producers primarily in Texas, Louisiana, and Michigan; and arranges sales and deliveries to refiners and other customers. GulfMark purchases approximately 65,000 barrels per day at the wellhead.