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Petroleum & Resources Corp.

Publié le 14 avril 2016

Adams Natural Resources Fund Declares Distribution and Announces First Quarter Performance

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Adams Natural Resources Fund Declares Distribution and Announces First Quarter Performance

BALTIMORE, MARYLAND - April 14, 2016 - The Board of Directors of Adams Natural Resources Fund, Inc. (NYSE:PEO) today declared a distribution of $.10 per share from net investment income payable June 1, 2016, to shareholders of record May 13, 2016. This distribution represents the second payment this year toward the Fund's annual 6% minimum distribution rate commitment. In 2015, the Fund paid out distributions at an annual distribution rate of 6.2%. Details regarding the Fund's annual 6% minimum distribution rate commitment can be found at www.adamsfunds.com.

First Quarter Performance

For the three months ended March 31st, the total return on Adams Natural Resources' net asset value, with dividends and capital gains reinvested, was 3.2%. Comparable figures for the Dow Jones U.S. Oil & Gas Index, the Dow Jones U.S. Basic Materials Index, and the Lipper Global Natural Resources Funds Index (Lipper Peer Group) were 3.6%, 4.2%, and 7.8%, respectively. The total return on the market price of the Fund's shares was 2.0%.

For the twelve months ended March 31st, the total return on Adams Natural Resources' net asset value, with dividends and capital gains reinvested, was -14.2%. Comparable figures for the Dow Jones U.S. Oil & Gas Index, the Dow Jones U.S. Basic Materials Index, and the Lipper Global Natural Resources Funds Index were -17.5%, -8.5%, and -15.1%, respectively. The total return on the market price of the Fund's shares for the period was -16.4%.

3/31/2016 3/31/2015
Net assets $597,530,566 $730,854,522
Shares outstanding 28,092,821 27,392,919
Net asset value per share $21.27 $26.68

The First Quarter Report to Shareholders is expected to be released on or about April 22, 2016.

For further information, please contact:

Nancy J. Floyd Prue, CFA
Director of Shareholder Communications
410.752.5900 or 800.638.2479
email

Lire la suite de l'article sur www.publicnow.com

Petroleum & Resources Corp.

CODE : PEO
ISIN : US7165491009
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Petroleum & Resources est une société basée aux Etats-Unis D'Amerique.

Petroleum & Resources est cotée aux Etats-Unis D'Amerique. Sa capitalisation boursière aujourd'hui est 658,2 millions US$ (611,3 millions €).

La valeur de son action a atteint son plus bas niveau récent le 31 décembre 1987 à 0,95 US$, et son plus haut niveau récent le 03 mai 2024 à 23,07 US$.

Petroleum & Resources possède 28 530 000 actions en circulation.

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Rapports annuels de Petroleum & Resources Corp.
2007 Annual report
Communiqués de Presse de Petroleum & Resources Corp.
22/07/2016Adams Natural Resources Fund 2016 Semi-Annual Report Now Onl...
13/07/2016Adams Natural Resources Fund Declares Distribution and Annou...
14/04/2016Adams Natural Resources Fund Declares Distribution and Annou...
15/01/2016Adams Natural Resources Fund Declares Distribution
15/01/2016Adams Natural Resources Fund Announces 2015 Performance
14/01/2016Adams Diversified Equity Fund Announces 2015 Performance And...
14/01/2016Adams Natural Resources Fund, Inc. Declares Distribution
14/01/2016Adams Natural Resources Fund Announces 2015 Performance
14/01/2016Adams Diversified Equity Fund, Inc. Declares Distribution An...
14/12/2015Adams Diversified Equity Fund Announces $12.47 Issue Price o...
03/11/2015Adams Funds Announces Launch of New Website
08/10/2015Adams Natural Resources Fund Reports Nine-Month Results
09/07/2015Adams Natural Resources Fund Declares Dividend And Announces...
17/04/2015Adams Natural Resources Fund Declares Dividend, Announces Fi...
16/04/2015Adams Natural Resources Fund Declares Dividend And Announces...
20/03/2015The Adams Express Company and Petroleum & Resources Corporat...
08/01/2015Petroleum & Resources Fund Announces 2014 Performance
08/01/2015Petroleum & Resources Fund Declares Dividend
11/12/2014Petroleum & Resources Fund Extends Share Repurchase Program
09/12/2014Petroleum & Resources Fund Announces $24.19 Issue Price Of S...
13/11/2014Petroleum & Resources Fund Declares Year-End Distribution; E...
09/10/2014Petroleum & Resources Fund Reports Nine-Month Results
30/09/2014Michael E. Rega Joins Adams Express And Petroleum & Resource...
16/09/2008Brian S. Hook Joins Adams Express and Petroleum & Resources
10/07/2008Declares Dividend and Reports Strong...
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