Filed: 7/22/2026ACC: 0001104659-26-085618
📋 What this filing means
ADAMS NATURAL RESOURCES FUND, INC. filed this quarterly 13F‑HR report disclosing 51 equity positions with a total reported market value of $762.93M. This filing provides a transparent view of the manager's long equity holdings as of the quarter end.
51
Positions
$762.93M
Total AUM (reported)
7.25M
Total Shares
Allocation by class
COM$762.93M100.0%
Portfolio Concentration
Top 3$327.50M42.9%
4–10$183.46M24.0%
11–25$181.10M23.7%
Rest$70.87M9.3%
Top 3 weight
42.9%
Top 10 weight
67.0%
Voting Authority Distribution
Total shares with voting rights: 7.25M
Sole
Full voting authority
7.25M
shares
% of voting shares100.0%
Shared
Joint voting authority
0.00
shares
% of voting shares0.0%
None
No voting authority
0.00
shares
% of voting shares0.0%
Investment Discretion (by position count)
Sole51
Shared0
Other0
Dominant voting typeSole · 100.0% of voting shares
Institutional Holdings51
Rows:
Exxon Mobil Corporation
SOLEShares1.35M
TypeSH
Market value$184.07M
24.13%
Sole
1.35M
Shared
0.00
None
0.00
Chevron Corporation
SOLEShares586.62K
TypeSH
Market value$97.24M
12.75%
Sole
586.62K
Shared
0.00
None
0.00
ConocoPhillips
SOLEShares444.30K
TypeSH
Market value$46.19M
6.05%
Sole
444.30K
Shared
0.00
None
0.00
Williams Companies, Inc.
SOLEShares425.25K
TypeSH
Market value$31.61M
4.14%
Sole
425.25K
Shared
0.00
None
0.00
Valero Energy Corporation
SOLEShares113.70K
TypeSH
Market value$29.61M
3.88%
Sole
113.70K
Shared
0.00
None
0.00
Linde plc
SOLEShares53.70K
TypeSH
Market value$27.87M
3.65%
Sole
53.70K
Shared
0.00
None
0.00
SLB Ltd.
SOLEShares547.63K
TypeSH
Market value$25.46M
3.34%
Sole
547.63K
Shared
0.00
None
0.00
Targa Resources Corp.
SOLEShares91.60K
TypeSH
Market value$24.56M
3.22%
Sole
91.60K
Shared
0.00
None
0.00
Phillips 66
SOLEShares141.47K
TypeSH
Market value$23.92M
3.13%
Sole
141.47K
Shared
0.00
None
0.00
Marathon Petroleum Corporation
SOLEShares79.91K
TypeSH
Market value$20.43M
2.68%
Sole
79.91K
Shared
0.00
None
0.00
EOG Resources, Inc.
SOLEShares140.07K
TypeSH
Market value$18.17M
2.38%
Sole
140.07K
Shared
0.00
None
0.00
Occidental Petroleum Corporation
SOLEShares306.55K
TypeSH
Market value$14.89M
1.95%
Sole
306.55K
Shared
0.00
None
0.00
Diamondback Energy, Inc.
SOLEShares83.80K
TypeSH
Market value$14.73M
1.93%
Sole
83.80K
Shared
0.00
None
0.00
Freeport-McMoRan, Inc.
SOLEShares233.20K
TypeSH
Market value$14.67M
1.92%
Sole
233.20K
Shared
0.00
None
0.00
Kinder Morgan, Inc.
SOLEShares429.39K
TypeSH
Market value$13.73M
1.80%
Sole
429.39K
Shared
0.00
None
0.00
Baker Hughes Company
SOLEShares223.80K
TypeSH
Market value$12.42M
1.63%
Sole
223.80K
Shared
0.00
None
0.00
ONEOK, Inc.
SOLEShares140.50K
TypeSH
Market value$12.22M
1.60%
Sole
140.50K
Shared
0.00
None
0.00
Halliburton Company
SOLEShares353.05K
TypeSH
Market value$11.99M
1.57%
Sole
353.05K
Shared
0.00
None
0.00
Sherwin-Williams Company
SOLEShares33.70K
TypeSH
Market value$11.60M
1.52%
Sole
33.70K
Shared
0.00
None
0.00
Newmont Corporation
SOLEShares120.10K
TypeSH
Market value$11.22M
1.47%
Sole
120.10K
Shared
0.00
None
0.00
Devon Energy Corporation
SOLEShares261.76K
TypeSH
Market value$10.82M
1.42%
Sole
261.76K
Shared
0.00
None
0.00
Nucor Corporation
SOLEShares43.10K
TypeSH
Market value$9.60M
1.26%
Sole
43.10K
Shared
0.00
None
0.00
Ecolab Inc.
SOLEShares31.40K
TypeSH
Market value$8.75M
1.15%
Sole
31.40K
Shared
0.00
None
0.00
Vulcan Materials Company
SOLEShares27.70K
TypeSH
Market value$8.17M
1.07%
Sole
27.70K
Shared
0.00
None
0.00
EQT Corporation
SOLEShares153K
TypeSH
Market value$8.14M
1.07%
Sole
153K
Shared
0.00
None
0.00
| Issuer | Class | Shares | Type | Value / Portfolio % | Voting — Sole | Shared | None |
|---|---|---|---|---|---|---|---|
Exxon Mobil CorporationSOLE | COM | 1.35M | SH | $184.07M 24.13% | 1.35M | 0.00 | 0.00 |
Chevron CorporationSOLE | COM | 586.62K | SH | $97.24M 12.75% | 586.62K | 0.00 | 0.00 |
ConocoPhillipsSOLE | COM | 444.30K | SH | $46.19M 6.05% | 444.30K | 0.00 | 0.00 |
Williams Companies, Inc.SOLE | COM | 425.25K | SH | $31.61M 4.14% | 425.25K | 0.00 | 0.00 |
Valero Energy CorporationSOLE | COM | 113.70K | SH | $29.61M 3.88% | 113.70K | 0.00 | 0.00 |
Linde plcSOLE | COM | 53.70K | SH | $27.87M 3.65% | 53.70K | 0.00 | 0.00 |
SLB Ltd.SOLE | COM | 547.63K | SH | $25.46M 3.34% | 547.63K | 0.00 | 0.00 |
Targa Resources Corp.SOLE | COM | 91.60K | SH | $24.56M 3.22% | 91.60K | 0.00 | 0.00 |
Phillips 66SOLE | COM | 141.47K | SH | $23.92M 3.13% | 141.47K | 0.00 | 0.00 |
Marathon Petroleum CorporationSOLE | COM | 79.91K | SH | $20.43M 2.68% | 79.91K | 0.00 | 0.00 |
EOG Resources, Inc.SOLE | COM | 140.07K | SH | $18.17M 2.38% | 140.07K | 0.00 | 0.00 |
Occidental Petroleum CorporationSOLE | COM | 306.55K | SH | $14.89M 1.95% | 306.55K | 0.00 | 0.00 |
Diamondback Energy, Inc.SOLE | COM | 83.80K | SH | $14.73M 1.93% | 83.80K | 0.00 | 0.00 |
Freeport-McMoRan, Inc.SOLE | COM | 233.20K | SH | $14.67M 1.92% | 233.20K | 0.00 | 0.00 |
Kinder Morgan, Inc.SOLE | COM | 429.39K | SH | $13.73M 1.80% | 429.39K | 0.00 | 0.00 |
Baker Hughes CompanySOLE | COM | 223.80K | SH | $12.42M 1.63% | 223.80K | 0.00 | 0.00 |
ONEOK, Inc.SOLE | COM | 140.50K | SH | $12.22M 1.60% | 140.50K | 0.00 | 0.00 |
Halliburton CompanySOLE | COM | 353.05K | SH | $11.99M 1.57% | 353.05K | 0.00 | 0.00 |
Sherwin-Williams CompanySOLE | COM | 33.70K | SH | $11.60M 1.52% | 33.70K | 0.00 | 0.00 |
Newmont CorporationSOLE | COM | 120.10K | SH | $11.22M 1.47% | 120.10K | 0.00 | 0.00 |
Devon Energy CorporationSOLE | COM | 261.76K | SH | $10.82M 1.42% | 261.76K | 0.00 | 0.00 |
Nucor CorporationSOLE | COM | 43.10K | SH | $9.60M 1.26% | 43.10K | 0.00 | 0.00 |
Ecolab Inc.SOLE | COM | 31.40K | SH | $8.75M 1.15% | 31.40K | 0.00 | 0.00 |
Vulcan Materials CompanySOLE | COM | 27.70K | SH | $8.17M 1.07% | 27.70K | 0.00 | 0.00 |
EQT CorporationSOLE | COM | 153K | SH | $8.14M 1.07% | 153K | 0.00 | 0.00 |
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