ADAMS NATURAL RESOURCES FUND, INC.
Securities ▲▼ | Shares | Value ($K) | |||||
|---|---|---|---|---|---|---|---|
Q2 2025 ▲▼ | Q3 2025 ▲▼ | Change ▲▼ | Q2 2025 ▲▼ | Q3 2025 ▲▼ | Weight (%) ▲▼ | Change ▲▼ | |
| Chevron Corporation(CVX) | 510,771 | 632,724 | +121,953 | 73,137,299 | 98,255,710 | 14.91% | +25,118,411 |
| ConocoPhillips(COP) | 374,903 | 447,303 | +72,400 | 33,643,795 | 42,310,391 | 6.42% | +8,666,596 |
| Occidental Petroleum Corporation(OXY) | 128,951 | 250,451 | +121,500 | 5,417,232 | 11,833,810 | 1.80% | +6,416,578 |
| EQT Corporation(EQT) | 111,900 | 220,500 | +108,600 | 6,526,008 | 12,001,815 | 1.82% | +5,475,807 |
| Valero Energy Corporation(VLO) | 78,300 | 88,900 | +10,600 | 10,525,086 | 15,136,114 | 2.30% | +4,611,028 |
| Nucor Corporation(NUE) | 22,600 | 54,000 | +31,400 | 2,927,604 | 7,313,220 | 1.11% | +4,385,616 |
| Marathon Petroleum Corporation(MPC) | 104,312 | 112,512 | +8,200 | 17,327,266 | 21,685,563 | 3.29% | +4,358,297 |
| Phillips 66(PSX) | 148,175 | 159,475 | +11,300 | 17,677,278 | 21,691,789 | 3.29% | +4,014,511 |
| Baker Hughes Company(BKR) | 376,900 | 376,900 | 0 | 14,450,346 | 18,362,568 | 2.79% | +3,912,222 |
| Cenovus Energy Inc.(CVE) | 0 | 228,100 | +228,100 | 0 | 3,875,419 | 0.59% | +3,875,419 |
| Newmont Corporation(NEM) | 126,800 | 125,300 | -1,500 | 7,387,368 | 10,564,043 | 1.60% | +3,176,675 |
| Ovintiv Inc.(OVV) | 0 | 72,800 | +72,800 | 0 | 2,939,664 | 0.45% | +2,939,664 |
| Exxon Mobil Corporation | 1,337,255 | 1,301,455 | -35,800 | 144,156,089 | 146,739,051 | 22.26% | +2,582,962 |
| DuPont de Nemours, Inc.(DD) | 56,726 | 78,626 | +21,900 | 3,890,836 | 6,124,965 | 0.93% | +2,234,129 |
| Vulcan Materials Company(VMC) | 26,900 | 26,600 | -300 | 7,016,058 | 8,182,692 | 1.24% | +1,166,634 |
| Kinder Morgan, Inc.(KMI) | 636,192 | 696,692 | +60,500 | 18,704,045 | 19,723,351 | 2.99% | +1,019,306 |
| Cheniere Energy, Inc.(LNG) | 13,300 | 17,600 | +4,300 | 3,238,816 | 4,135,648 | 0.63% | +896,832 |
| Devon Energy Corporation(DVN) | 302,800 | 299,400 | -3,400 | 9,632,068 | 10,496,964 | 1.59% | +864,896 |
| Amcor plc(AMCR) | 92,400 | 196,400 | +104,000 | 849,156 | 1,606,552 | 0.24% | +757,396 |
| Martin Marietta Materials, Inc.(MLM) | 5,400 | 5,400 | 0 | 2,964,384 | 3,403,512 | 0.52% | +439,128 |
| APA Corporation(APA) | 56,000 | 56,000 | 0 | 1,024,240 | 1,359,680 | 0.21% | +335,440 |
| Halliburton Company(HAL) | 175,353 | 158,353 | -17,000 | 3,573,694 | 3,895,484 | 0.59% | +321,790 |
| TechnipFMC plc(FTI) | 62,800 | 62,800 | 0 | 2,162,832 | 2,477,460 | 0.38% | +314,628 |
| Packaging Corporation of America(PKG) | 7,400 | 7,400 | 0 | 1,394,530 | 1,612,682 | 0.24% | +218,152 |
| Diamondback Energy, Inc.(FANG) | 35,900 | 35,500 | -400 | 4,932,660 | 5,080,050 | 0.77% | +147,390 |
| Albemarle Corporation(ALB) | 7,200 | 7,200 | 0 | 451,224 | 583,776 | 0.09% | +132,552 |
| Canadian Natural Resources Limited(CNQ) | 97,000 | 97,000 | 0 | 3,045,800 | 3,100,120 | 0.47% | +54,320 |
| Ecolab Inc.(ECL) | 45,000 | 44,400 | -600 | 12,124,800 | 12,159,384 | 1.84% | +34,584 |
| Chord Energy Corporation(CHRD) | 225 | 225 | 0 | 21,791 | 22,358 | 0.00% | +567 |
| International Paper Company(IP) | 40,900 | 40,900 | 0 | 1,915,347 | 1,897,760 | 0.29% | -17,587 |
| Smurfit Westrock plc(SW) | 41,300 | 41,300 | 0 | 1,782,095 | 1,758,141 | 0.27% | -23,954 |
| Mosaic Company(MOS) | 21,201 | 21,201 | 0 | 773,412 | 735,251 | 0.11% | -38,161 |
| Steel Dynamics, Inc.(STLD) | 12,526 | 11,026 | -1,500 | 1,603,453 | 1,537,355 | 0.23% | -66,098 |
| CF Industries Holdings, Inc.(CF) | 51,569 | 51,569 | 0 | 4,744,348 | 4,625,739 | 0.70% | -118,609 |
| Ball Corporation | 23,300 | 23,300 | 0 | 1,306,897 | 1,174,786 | 0.18% | -132,111 |
| PPG Industries, Inc.(PPG) | 18,100 | 18,100 | 0 | 2,058,875 | 1,902,491 | 0.29% | -156,384 |
| LyondellBasell Industries N.V. | 20,600 | 20,600 | 0 | 1,191,916 | 1,010,224 | 0.15% | -181,692 |
| Crown Holdings, Inc.(CCK) | 32,400 | 32,400 | 0 | 3,336,552 | 3,129,516 | 0.47% | -207,036 |
| Dow, Inc.(DOW) | 63,945 | 63,945 | 0 | 1,693,264 | 1,466,259 | 0.22% | -227,005 |
| Avery Dennison Corporation | 6,300 | 5,400 | -900 | 1,105,461 | 875,718 | 0.13% | -229,743 |
| International Flavors & Fragrances Inc.(IFF) | 20,206 | 20,206 | 0 | 1,486,151 | 1,243,477 | 0.19% | -242,674 |
| Schlumberger N.V.(SLB) | 369,233 | 355,233 | -14,000 | 12,480,075 | 12,209,358 | 1.85% | -270,717 |
| Air Products and Chemicals, Inc. | 20,900 | 20,600 | -300 | 5,895,054 | 5,618,032 | 0.85% | -277,022 |
| Linde plc(LIN) | 63,600 | 61,500 | -2,100 | 29,839,848 | 29,212,500 | 4.43% | -627,348 |
| Corteva Inc.(CTVA) | 91,945 | 91,945 | 0 | 6,852,661 | 6,218,240 | 0.94% | -634,421 |
| Williams Companies, Inc.(WMB) | 365,350 | 350,050 | -15,300 | 22,947,634 | 22,175,668 | 3.36% | -771,966 |
| Texas Pacific Land Corporation(TPL) | 5,450 | 5,150 | -300 | 5,757,326 | 4,808,246 | 0.73% | -949,080 |
| ONEOK, Inc.(OKE) | 174,000 | 168,500 | -5,500 | 14,203,620 | 12,295,445 | 1.87% | -1,908,175 |
| Eastman Chemical Company(EMN) | 33,100 | 8,400 | -24,700 | 2,471,246 | 529,620 | 0.08% | -1,941,626 |
| Freeport-McMoRan, Inc.(FCX) | 248,400 | 222,200 | -26,200 | 10,768,140 | 8,714,684 | 1.32% | -2,053,456 |
| Coterra Energy Inc. | 233,900 | 120,800 | -113,100 | 5,936,382 | 2,856,920 | 0.43% | -3,079,462 |
| Sherwin-Williams Company(SHW) | 38,300 | 25,200 | -13,100 | 13,150,688 | 8,725,752 | 1.32% | -4,424,936 |
| Targa Resources Corp.(TRGP) | 83,300 | 41,600 | -41,700 | 14,500,864 | 6,969,664 | 1.06% | -7,531,200 |
| Expand Energy Corporation(EXE) | 108,700 | 46,400 | -62,300 | 12,711,378 | 4,929,536 | 0.75% | -7,781,842 |
| EOG Resources, Inc.(EOG) | 199,067 | 141,367 | -57,700 | 23,810,404 | 15,850,068 | 2.40% | -7,960,336 |
| Hess Corporation | 134,589 | 0 | -134,589 | 18,645,960 | 0 | — | -18,645,960 |