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Petroleum & Resources Corporation began trading on the New York Stock Exchange in January 1929 with a focus on investing primarily in energy and natural resources.Over time, the composition of the portfolio has evolved to reflect the changing dynamics of the global energy and natural resources markets.
Adams Funds, formerly Adams Express Company, is an investment company made up of Adams Diversified Equity Fund, Inc. ( NYSE : ADX ), a publicly traded diversified equity fund , and Adams Natural Resources Fund Inc. ( NYSE : PEO ), formerly Petroleum & Resources Corp., a publicly traded closed-end fund focused on energy and natural resources stocks.
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Adams Resources and Energy, Inc. is a Russell 2000 Index company engaged in the marketing of crude oil, natural gas and liquid chemical products. Adams was founded by Kenneth Stanley "Bud" Adams Jr. in 1947, as the wildcatting firm ADA Oil Company [6] [7] It went public in 1974. Bud Adams served as the company's chief executive officer for more ...
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