Adams Natural Resources Fund, Inc. (PEO)
NYSE: PEO · IEX Real-Time Price · USD
24.01
-0.24 (-0.99%)
At close: Jul 19, 2024, 4:00 PM
24.02
+0.01 (0.04%)
After-hours: Jul 20, 2024, 12:57 PM EDT

Company Description

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 growth prospects, defendable market position, market competition, macroeconomic backdrop, cash flow generation, valuation, capital allocation, return on capital, mileposts and catalysts, and point in cycle identification to make its investments.

It benchmarks the performance of its portfolios against a composite index of 80% Dow Jones Oil and Gas Index and 20% Dow Jones Basic Materials Index.

The firm was formerly known as Petroleum & Resources Corporation. Adams Natural Resources Fund, Inc. was founded in 1929 and is based in Baltimore, Maryland with an additional office in Boston, Massachusetts.

Adams Natural Resources Fund, Inc.
Adams Natural Resources Fund logo
Country United States
Founded 1929
Industry Asset Management
Sector Financials
Employees 18
CEO James Phillip Haynie C.F.A.

Contact Details

Address:
500 East Pratt Street, Suite 1300
Baltimore, Maryland 21202
United States
Phone (410) 752-5900

Stock Details

Ticker Symbol PEO
Exchange NYSE
Reporting Currency USD
CIK Code 0000216851
CUSIP Number 00548F105
ISIN Number US00548F1057
Employer ID 13-5506797