U.S. natural gas prices upside likely in 2026 - Morgan Stanley
Gregory W. Buckley, Executive Vice President of Adams Natural Resources Fund, Inc. (NYSE:PEO), recently acquired additional shares of the company's common stock. According to a recent SEC filing, Buckley purchased 1,450 shares on January 22, 2025, at a price of $23.30 per share, totaling approximately $33,785. The purchase comes as the fund maintains an attractive 9.19% dividend yield and trades at a P/E ratio of 6.26, with a market capitalization of $595 million.
The filing also noted that Buckley acquired 1,100.6201 shares through exempt transactions related to dividend reinvestments and employee contributions, without any monetary exchange. Following these transactions, Buckley now directly owns 17,604.07 shares of Adams Natural Resources Fund. The company has maintained dividend payments for 54 consecutive years, demonstrating remarkable consistency. InvestingPro subscribers can access additional insights on PEO's dividend sustainability and insider trading patterns.
This article was generated with the support of AI and reviewed by an editor. For more information see our T&C.