PEO tangible book value per share history

Quarterly. Dates are reporting period ends; fiscal years can differ from calendar years.

Adams Natural Resources Fund, Inc. Common Stock Tangible Book Value Per Share — Quarterly
Period ending	Tangible Book Value Per Share
Jun 30, 2026	27.4354
Dec 31, 2025	24.3398
Jun 30, 2025	23.6063
Dec 31, 2024	23.4676
Jun 30, 2024	27.1076
Dec 31, 2023	26.0809
Jun 30, 2023	25.5561
Dec 31, 2022	26.482
Jun 30, 2022	22.4454
Dec 31, 2021	19.2198
Jun 30, 2021	18.5107
Dec 31, 2020	13.7611
Jun 30, 2020	12.9878
Dec 31, 2019	18.7834
Jun 30, 2019	19.6609
Dec 31, 2018	17.3912
Jun 30, 2018	23.7672
Dec 31, 2017	23.2595
Jun 30, 2017	21.5326
Dec 31, 2016	24.0236
Jun 30, 2016	22.7893
Dec 31, 2015	20.7383
Jun 30, 2015	26.3498
Dec 31, 2014	27.6102
Jun 30, 2014	36.6761
Dec 31, 2013	32.3091
Jun 30, 2013	29.6414
Dec 31, 2012	27.8432
Jun 30, 2012	0
Dec 31, 2011	28.5803
Jun 30, 2011	32.5936
Dec 31, 2010	30.7261
Jun 30, 2010	22.4808
Dec 31, 2009	26.7448
Jun 30, 2009	23.28
Dec 31, 2008	22.4917
Jun 30, 2008	50.2606
Dec 31, 2007	37.81
Jun 30, 2007	42.8565
Dec 31, 2006	36.6096
Jun 30, 2006	39.3181
Dec 31, 2005	35.7532
Jun 30, 2005	32.319
Dec 31, 2004	27.3004
Jun 30, 2004	0
Dec 31, 2003	24.0524
Jun 30, 2003	22.5189
Dec 31, 2002	10.669
Jun 30, 2002	12.2719
Dec 31, 2001	25.6579
Jun 30, 2001	29.4899
Dec 31, 2000	30.8333
Jun 30, 2000	30.2674
Dec 31, 1999	25.4779
Jun 30, 1999	0
Dec 31, 1998	22.8709
Jun 30, 1998	24.8386
Dec 31, 1997	27.6453
Jun 30, 1997	25.8594
Dec 31, 1996	24.7245
Jun 30, 1996	0