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Adams Natural Resources Fund Inc V.PEO


Primary Symbol: PEO

Adams Natural Resources Fund, Inc. (the Fund) is a non-diversified investment company. The Fund is an internally managed closed-end fund specializing in energy and other natural resources stocks. The Fund's investment objectives are preservation of capital, the attainment of reasonable income from investments, and an opportunity for capital appreciation. The Fund invests at least 80% of its assets in petroleum or natural resources industries or industries connected with, serving and/or supplying the petroleum or natural resources industries. The Fund has broad flexibility to invest in stocks of varying capitalizations, and primarily invests in stocks found in the S&P 500 Energy and S&P 500 Materials sectors. The Fund invests at least 25% of its assets in petroleum and petroleum-related industries. The Fund may invest up to 25% of its assets in commodities related to petroleum, minerals and related products, including swaps. The Fund may invest up to 10% of its assets in real property.


NYSE:PEO - Post by User

Post by retiredcfon Jan 28, 2019 1:09pm
60 Views
Post# 29289273

Latest Results

Latest Results5iResearch were asked for an assessment of the latest results. While they were slightly below estimates due to acquisitions and related costs, their growth rate was impressive with revenue growth up 27%, organic growth up 7.6% and EBIDTA up close to 38%. As such, they were fully acceptable. GLTA

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People Corp. (PEO-T) reported first-quarter revenue of $36.3-million up from $28.5-million a year ago and slightly below expectations of $37.1-million Its net loss was $1.5-million or 2 cents per share which was in line with expectations and compared to net income of $463,700 or 3 cents a year ago. Adjusted EBITDA was $7.4-million up from $5.4-million a year ago. 

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