13F HOLDINGS REPORT
ADAMS NATURAL RESOURCES FUND, INC.
Quarter ended Q2 2025 · Filed July 30, 2025 · Accession 0001104659-25-072135
Total Value
$631.2M
Positions
54
Other Managers
0
Confidential Omitted
No
Holdings (54)
| # | Issuer | Ticker / CUSIP | Shares | Value | % of Filing |
|---|---|---|---|---|---|
| 1 | Exxon Mobil Corporation | XOM | 1,337,255 | $144.2M | 22.84% |
| 2 | Chevron Corporation | CVX | 510,771 | $73.1M | 11.59% |
| 3 | ConocoPhillips | COP | 374,903 | $33.6M | 5.33% |
| 4 | Linde plc | LIN | 63,600 | $29.8M | 4.73% |
| 5 | EOG Resources, Inc. | EOG | 199,067 | $23.8M | 3.77% |
| 6 | Williams Companies, Inc. | 969457100 | 365,350 | $22.9M | 3.64% |
| 7 | Kinder Morgan, Inc. | EP-PC | 636,192 | $18.7M | 2.96% |
| 8 | Hess Corporation | HESM | 134,589 | $18.6M | 2.95% |
| 9 | Phillips 66 | PSX | 148,175 | $17.7M | 2.80% |
| 10 | Marathon Petroleum Corporation | MARA | 104,312 | $17.3M | 2.75% |
| 11 | Targa Resources Corp. | TRGP | 83,300 | $14.5M | 2.30% |
| 12 | Baker Hughes Company | BKR | 376,900 | $14.5M | 2.29% |
| 13 | ONEOK, Inc. | OKE | 174,000 | $14.2M | 2.25% |
| 14 | Sherwin-Williams Company | SHW | 38,300 | $13.2M | 2.08% |
| 15 | Expand Energy Corporation | EXE | 108,700 | $12.7M | 2.01% |
| 16 | Schlumberger N.V. | SLB | 369,233 | $12.5M | 1.98% |
| 17 | Ecolab Inc. | ECL | 45,000 | $12.1M | 1.92% |
| 18 | Freeport-McMoRan, Inc. | FCX | 248,400 | $10.8M | 1.71% |
| 19 | Valero Energy Corporation | VLO | 78,300 | $10.5M | 1.67% |
| 20 | Devon Energy Corporation | 25179M103 | 302,800 | $9.6M | 1.53% |
| 21 | Newmont Corporation | NEMCL | 126,800 | $7.4M | 1.17% |
| 22 | Vulcan Materials Company | 929160109 | 26,900 | $7.0M | 1.11% |
| 23 | Corteva Inc. | CTVA | 91,945 | $6.9M | 1.09% |
| 24 | EQT Corporation | EQT | 111,900 | $6.5M | 1.03% |
| 25 | Coterra Energy Inc. | CTRA | 233,900 | $5.9M | 0.94% |
| 26 | Air Products and Chemicals, Inc. | AIIR | 20,900 | $5.9M | 0.93% |
| 27 | Texas Pacific Land Corporation | TPL | 5,450 | $5.8M | 0.91% |
| 28 | Occidental Petroleum Corporation | 674599105 | 128,951 | $5.4M | 0.86% |
| 29 | Diamondback Energy, Inc. | FANG | 35,900 | $4.9M | 0.78% |
| 30 | CF Industries Holdings, Inc. | 125269100 | 51,569 | $4.7M | 0.75% |
| 31 | DuPont de Nemours, Inc. | DD | 56,726 | $3.9M | 0.62% |
| 32 | Halliburton Company | HAL | 175,353 | $3.6M | 0.57% |
| 33 | Crown Holdings, Inc. | CCK | 32,400 | $3.3M | 0.53% |
| 34 | Cheniere Energy, Inc. | LNG | 13,300 | $3.2M | 0.51% |
| 35 | Canadian Natural Resources Limited | 136385101 | 97,000 | $3.0M | 0.48% |
| 36 | Martin Marietta Materials, Inc. | 573284106 | 5,400 | $3.0M | 0.47% |
| 37 | Nucor Corporation | NUE | 22,600 | $2.9M | 0.46% |
| 38 | Eastman Chemical Company | EMN | 33,100 | $2.5M | 0.39% |
| 39 | TechnipFMC plc | FTI | 62,800 | $2.2M | 0.34% |
| 40 | PPG Industries, Inc. | 693506107 | 18,100 | $2.1M | 0.33% |
| 41 | International Paper Company | 460146103 | 40,900 | $1.9M | 0.30% |
| 42 | Smurfit Westrock plc | SW | 41,300 | $1.8M | 0.28% |
| 43 | Dow, Inc. | DOW | 63,945 | $1.7M | 0.27% |
| 44 | Steel Dynamics, Inc. | STLD | 12,526 | $1.6M | 0.25% |
| 45 | International Flavors & Fragrances Inc. | 459506101 | 20,206 | $1.5M | 0.24% |
| 46 | Packaging Corporation of America | 695156109 | 7,400 | $1.4M | 0.22% |
| 47 | Ball Corporation | BALL | 23,300 | $1.3M | 0.21% |
| 48 | LyondellBasell Industries N.V. | LYB | 20,600 | $1.2M | 0.19% |
| 49 | Avery Dennison Corporation | AVY | 6,300 | $1.1M | 0.18% |
| 50 | APA Corporation | APA | 56,000 | $1.0M | 0.16% |
| 51 | Amcor plc | AMCCF | 92,400 | $849,156 | 0.13% |
| 52 | Mosaic Company | MOS | 21,201 | $773,412 | 0.12% |
| 53 | Albemarle Corporation | ALB-PA | 7,200 | $451,224 | 0.07% |
| 54 | Chord Energy Corporation | CHRD | 225 | $21,791 | 0.00% |