Adams Natural Resources Fund, Inc. (PEO)

NYSE: PEO · Real-Time Price · USD
24.26
+0.33 (1.38%)
Oct 10, 2024, 3:59 PM EDT - Market closed
1.38%
Market Value 617.51M
Revenue (ttm) 20.67M
Net Income (ttm) 94.74M
Shares Out 25.45M
EPS (ttm) 3.72
PE Ratio 6.43
Forward PE n/a
Dividend $1.79 (7.48%)
Ex-Dividend Date Aug 5, 2024
Volume 20,896
Open 24.07
Previous Close 23.93
Day's Range 24.02 - 24.29
52-Week Range 19.78 - 24.51
Beta 1.11
Analysts n/a
Price Target n/a
Earnings Date n/a

About PEO

Adams Natural Resources Fund, Inc. is a publicly owned investment manager. The firm invests in the public equity markets across the globe. The firm manages closed-end equity fund focused on the energy and material sectors. It invests in stocks of companies of all market capitalizations operating in the energy and natural resources sector including oil companies, exploration and production, utilities, services, and basic materials sectors. The firm employs a fundamental analysis with a bottom-up stock picking approach while focusing on earnings ... [Read more]

Sector Financials
Founded 1929
Employees 18
Stock Exchange NYSE
Ticker Symbol PEO
Full Company Profile

News

PEO: Buy The Dip In This Resources Fund Before The Oil Price Rises

Adams Natural Resources Fund offers concentrated exposure to large energy companies, with a consistent distribution policy and a low expense ratio of 0.6%. PEO trades at a discount to NAV, with potent...

10 days ago - Seeking Alpha

5 Best CEFs This Month For 9% Plus Yield (September 2024)

For income investors, closed-end funds remain an attractive investment class that covers various asset classes and promises high distributions and reasonable total returns. Closed-end funds, or CEFs, ...

Other symbols: ADXBANXCOPCSQCVXEOGEOI
11 days ago - Seeking Alpha

These 15 Dividends Could Be Great In 2025

With stocks back in “climb” mode (at least for now!), it could seem like a good time to look for a hedge against the next downturn.

Other symbols: BCXGGN
26 days ago - Forbes

PEO: Join Saba Capital And Get Exposure To Top Energy Stocks At A Discount

There has been significant recent buying from closed-end fund activist Saba Capital. PEO recently implemented an 8% managed distribution policy, providing higher distributions on a quarterly basis. Th...

6 weeks ago - Seeking Alpha

5 Best CEFs This Month For Nearly 9% Yield (August 2024)

For income investors, closed-end funds remain an attractive investment class that covers various asset classes and promises high distributions and reasonable total returns. Closed-end funds, or CEFs, ...

Other symbols: ADXBANXETYMPV
6 weeks ago - Seeking Alpha

Adams Natural Resources Fund Announces $22.75 Issue Price of Shares and Sources of Distribution for Third Quarter Distribution Payable August 30, 2024

BALTIMORE, Aug. 22, 2024 (GLOBE NEWSWIRE) -- Adams Natural Resources Fund, Inc. (NYSE: PEO) has determined that $22.75 per share is the issue price for the Fund's third quarter distribution to shareho...

6 weeks ago - GlobeNewsWire

5 Best CEFs This Month For Nearly 9% Yield (July 2024)

For income investors, closed-end funds remain an attractive investment class that covers various asset classes and promises high distributions and reasonable total returns. Closed-end funds, or CEFs, ...

2 months ago - Seeking Alpha

Adams Natural Resources Fund Declares Distribution and Announces First Half Performance

BALTIMORE, July 18, 2024 (GLOBE NEWSWIRE) -- The Board of Directors of Adams Natural Resources Fund, Inc. (NYSE: PEO) today declared a distribution of $.54 per share, payable August 30, 2024, in newly...

2 months ago - GlobeNewsWire

U.S. Court of Appeals for the Second Circuit Reaffirms Ruling That Certain Closed-End Funds, Including Funds Advised by BlackRock, Violated the Investment Company Act of 1940

NEW YORK--(BUSINESS WIRE)--Saba Capital Management, L.P. (together with certain of its affiliates, “Saba” or “we”) today commented on the outcome of the appeal brought in the United States Court of Ap...

3 months ago - Business Wire

The 'Undercovered' Dozen From June 1-6

The "Undercovered" Dozen highlights twelve ideas from the previous month on stocks with limited coverage. Biotechs CRISPR Therapeutics, Voyager Therapeutics, and Alnylam Pharmaceuticals are covered al...

4 months ago - Seeking Alpha

PEO: Buy The Oil Majors At A 14% Discount And Prep Your Portfolio For AI Energy Demand

Adams Natural Resources Fund is undervalued, trading at a 14% discount to NAV, with a yield over 6%. The fund primarily invests in energy and natural resource stocks, providing diversification and red...

4 months ago - Seeking Alpha

Adams Natural Resources Fund Announces Initiative to Enhance Shareholder Value

BALTIMORE, May 24, 2024 (GLOBE NEWSWIRE) -- Adams Natural Resources Fund, Inc. (NYSE: PEO) today announced an initiative reflecting our ongoing commitment to long-term shareholder value creation – the...

4 months ago - GlobeNewsWire

Adams Natural Resources Fund Declares Distribution and Announces First Quarter Performance

BALTIMORE, April 18, 2024 (GLOBE NEWSWIRE) -- The Board of Directors of Adams Natural Resources Fund, Inc. (NYSE: PEO) today declared a distribution of $.10 per share from net investment income, payab...

6 months ago - GlobeNewsWire

PEO: Deep Discount And Big Oil Exposure

Adams Natural Resources Fund provides exposure to the world's largest energy companies at a discount. The fund provides a regular quarterly distribution along with a larger year-end distribution to me...

9 months ago - Seeking Alpha

PEO: A Buy The Dip Opportunity In This 6% Yield Natural Resources CEF

PEO invests across energy and materials sector stocks. The fund has outperformed sector benchmarks over the past 5 years. PEO's diversified exposure sector large-caps are well-positioned to benefit fr...

9 months ago - Seeking Alpha

Adams Natural Resources Fund Declares Distribution

BALTIMORE, Jan. 18, 2024 (GLOBE NEWSWIRE) -- The Board of Directors of Adams Natural Resources Fund, Inc. (NYSE: PEO) today declared a distribution of $0.10 per share, payable March 1, 2024 to shareho...

9 months ago - GlobeNewsWire

Adams Natural Resources Fund Announces 2023 Performance

BALTIMORE, Jan. 18, 2024 (GLOBE NEWSWIRE) -- Adams Natural Resources Fund, Inc. (NYSE: PEO) announces the Fund's investment returns for 2023. “In a difficult year for the Energy market, our Fund's exp...

9 months ago - GlobeNewsWire

Adams Natural Resources Fund Announces $19.96 Issue Price of Shares for Year-End Distribution Payable December 15, 2023

BALTIMORE, Dec. 06, 2023 (GLOBE NEWSWIRE) -- Adams Natural Resources Fund, Inc. (NYSE: PEO) has determined that $19.96 per share is the issue price for the closed-end fund's year-end distribution to s...

11 months ago - GlobeNewsWire

Adams Natural Resources Fund Declares Year-End Distribution; Exceeds Its Annual 6% Minimum Distribution Rate Commitment

BALTIMORE, Nov. 09, 2023 (GLOBE NEWSWIRE) -- Adams Natural Resources Fund, Inc. (NYSE: PEO) declared today a year-end distribution of $1.05 per share. The total distributions by the Fund for 2023 will...

11 months ago - GlobeNewsWire

Adams Natural Resources Fund Reports Nine Month Results

BALTIMORE, Oct. 19, 2023 (GLOBE NEWSWIRE) -- Adams Natural Resources Fund, Inc. (NYSE: PEO) today announced the Fund's results for the nine months ended September 30th. The total return on Adams Natur...

1 year ago - GlobeNewsWire

PEO: You Are Better Off With An ETF Here (Rating Downgrade)

The Adams Natural Resources Fund is an equities closed-end fund focused on energy and materials equities. PEO aims for long-term capital appreciation rather than income, but fails to outperform a simp...

1 year ago - Seeking Alpha

The Month In Closed-End Funds: September 2023

For the second straight month, both equity (-3.12% on a NAV basis) and fixed income (-1.94%) CEFs on average suffered downside performance. At month end, 9% of all CEFs traded at a premium to their NA...

Other symbols: BGRFGBIIF
1 year ago - Seeking Alpha

Weekly Closed-End Fund Roundup: Saba Continues CEF Battles (July 2, 2023)

18 out of 22 CEF sectors positive on price, and 11 out of 22 sectors positive on NAV last week. Saba files lawsuits against 16 CEFs, seeking to invalidate share control provisions. The battle is heati...

1 year ago - Seeking Alpha

Christine M. Sloan Elected Treasurer of Adams Diversified Equity Fund and Adams Natural Resources Fund

BALTIMORE, April 20, 2023 (GLOBE NEWSWIRE) -- Adams Funds, comprised of Adams Diversified Equity Fund, Inc. (NYSE: ADX) and Adams Natural Resources Fund, Inc. (NYSE: PEO), two of the nation's oldest c...

Other symbols: ADX
1 year ago - GlobeNewsWire

Adams Diversified Equity Fund and Adams Natural Resources Fund Announce Retirement of Mark E. Stoeckle

BALTIMORE, April 20, 2023 (GLOBE NEWSWIRE) -- Adams Funds, comprised of Adams Diversified Equity Fund, Inc. (NYSE: ADX) and Adams Natural Resources Fund, Inc. (NYSE: PEO), two of the nation's oldest c...

Other symbols: ADX
1 year ago - GlobeNewsWire