Fund Holdings

ADAMS NATURAL RESOURCES FUND, INC.

Filing Period:
Securities
SharesValue ($K)
Q4 2025
Q1 2026
Change
Q4 2025
Q1 2026
Weight (%)
Change
Exxon Mobil Corporation1,318,0551,334,555+16,500158,614,739226,420,60126.25%+67,805,862
Chevron Corporation(CVX)623,724614,724-9,00095,061,775127,186,39614.74%+32,124,621
SLB Ltd.(SLB)336,433552,633+216,20012,912,29828,399,8103.29%+15,487,512
ConocoPhillips(COP)377,203377,203035,309,97349,790,7965.77%+14,480,823
Targa Resources Corp.(TRGP)69,40092,500+23,10012,804,30023,192,5252.69%+10,388,225
Valero Energy Corporation(VLO)87,90095,000+7,10014,309,24123,472,6002.72%+9,163,359
Phillips 66(PSX)155,475155,475020,062,49428,324,4353.28%+8,261,941
Devon Energy Corporation(DVN)299,200372,400+73,20010,959,69618,739,1682.17%+7,779,472
Williams Companies, Inc.(WMB)435,550457,450+21,90026,180,91133,293,2113.86%+7,112,300
Marathon Petroleum Corporation(MPC)92,61285,012-7,60015,061,49020,758,2302.41%+5,696,740
Halliburton Company(HAL)275,153344,853+69,7007,775,82413,445,8181.56%+5,669,994
EOG Resources, Inc.(EOG)141,367141,367014,844,94920,437,4272.37%+5,592,478
Linde plc(LIN)53,70053,700022,897,14326,622,3123.09%+3,725,169
Occidental Petroleum Corporation(OXY)190,651165,951-24,7007,839,56910,786,8151.25%+2,947,246
Diamondback Energy, Inc.(FANG)79,50074,200-5,30011,951,23514,676,0181.70%+2,724,783
Texas Pacific Land Corporation(TPL)13,35013,35003,834,3876,335,3760.73%+2,500,989
CF Industries Holdings, Inc.(CF)46,56946,56903,601,6466,046,5190.70%+2,444,873
Freeport-McMoRan, Inc.(FCX)233,200233,200011,844,22813,707,4961.59%+1,863,268
Cenovus Energy Inc.(CVE)228,100209,900-18,2003,859,4525,568,6470.65%+1,709,195
Amcor plc
COM NEW
034,880+34,88001,386,4800.16%+1,386,480
Packaging Corporation of America(PKG)7,40012,700+5,3001,526,1022,695,1940.31%+1,169,092
Newmont Corporation(NEM)128,400128,400012,820,74013,899,3001.61%+1,078,560
Coterra Energy Inc.120,800120,80003,179,4564,244,9120.49%+1,065,456
APA Corporation(APA)56,00056,00001,369,7602,376,6400.28%+1,006,880
Dow, Inc.(DOW)52,94552,94501,237,8542,205,1590.26%+967,305
Corteva Inc.(CTVA)57,94557,94503,884,0534,850,5760.56%+966,523
Air Products and Chemicals, Inc.18,10018,10004,471,0625,257,8690.61%+786,807
LyondellBasell Industries N.V.
SHS - A -
15,60015,6000675,4801,256,7360.15%+581,256
ONEOK, Inc.(OKE)166,600141,800-24,80012,245,10012,817,3021.49%+572,202
TechnipFMC plc(FTI)62,80048,600-14,2002,798,3683,359,7180.39%+561,350
DuPont de Nemours, Inc.(DD)78,62678,62603,160,7653,601,0710.42%+440,306
Nucor Corporation(NUE)52,00052,00008,481,7208,793,2001.02%+311,480
Cameco Corporation(CCJ)18,00018,00001,646,8201,954,9800.23%+308,160
Albemarle Corporation(ALB)7,2007,20001,018,3681,292,6160.15%+274,248
EQT Corporation(EQT)262,600223,900-38,70014,075,36014,248,9961.65%+173,636
Steel Dynamics, Inc.(STLD)11,02611,02601,868,3561,984,6800.23%+116,324
International Flavors & Fragrances Inc.(IFF)20,20620,20601,361,6821,465,9450.17%+104,263
Ball Corporation16,30016,3000863,411963,4930.11%+100,082
PPG Industries, Inc.(PPG)18,10018,10001,854,5261,934,5280.22%+80,002
Smurfit Westrock plc(SW)41,30041,30001,597,0711,645,8050.19%+48,734
Mosaic Company(MOS)21,20121,2010510,732540,6260.06%+29,894
Chord Energy Corporation(CHRD)225225020,85731,9910.00%+11,134
Expand Energy Corporation(EXE)46,40046,40005,120,7045,093,7920.59%-26,912
Avery Dennison Corporation5,4005,4000982,152932,4720.11%-49,680
Crown Holdings, Inc.(CCK)29,60029,60003,047,9122,967,4000.34%-80,512
Sherwin-Williams Company(SHW)24,10024,10007,809,1237,725,2550.90%-83,868
International Paper Company(IP)40,90040,90001,611,0511,460,1300.17%-150,921
Martin Marietta Materials, Inc.(MLM)5,4005,40003,362,3643,178,8720.37%-183,492
Vulcan Materials Company(VMC)27,70027,70007,900,5947,542,7100.87%-357,884
Eos Energy Enterprises, Inc.(EOSE)62,60062,6000717,396310,4960.04%-406,900
CRH public limited company
ORD
64,00064,00007,987,2006,727,6800.78%-1,259,520
Amcor plc(AMCR)174,4000-174,4001,454,4960-1,454,496
Canadian Natural Resources Limited(CNQ)51,2000-51,2001,733,1200-1,733,120
Ecolab Inc.(ECL)42,40031,400-11,00011,130,8488,353,0280.97%-2,777,820
Baker Hughes Company(BKR)376,900225,900-151,00017,164,02613,791,1951.60%-3,372,831
Kinder Morgan, Inc.(KMI)689,092433,292-255,80018,943,13914,528,2811.68%-4,414,858
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