Companies: 10,795·Total market cap: $144.5T
Adams Natural Resources Fund, Inc.

Adams Natural Resources Fund, Inc.

PEONYSEFinancial Services● Active
$26.20
$-0.06(-0.22%)
Market Cap$720411742
P/E Ratio
52W High$28.88
52W Low$20.57

Adams Natural Resources Fund, Inc. (PEO) Shares Outstanding — Overview

Basic and diluted weighted average shares, YoY change, float context, and historical trend from SEC filings and FMP.

PEO · shares outstanding · updated Jun 9, 2026

Key metrics

Basic Shares Outstanding · Weighted average · fiscal year
27.0M +2.63% YoY Change
FY · as of Dec 31, 2025 · Reported in USD
vs 26.3M in FY 2024
Diluted Shares Outstanding
27.0M
incl. options, RSUs, convertibles
Dilution Spread
+0.00%
Diluted vs Basic
YoY Change
+2.63%
year-over-year
Source: FMP /income-statement · /shares-float · SEC 10-K / 10-QUpdated: 2026-06-09

Shares Outstanding Growth Rate

3-Year CAGRincreasing
+3.2%
2022 → 2025
5-Year CAGRincreasing
+2.3%
2020 → 2025
10-Year CAGRdeclining
-0.4%
2015 → 2025

Negative CAGR typically indicates share buyback or retirement activity. Interpret alongside Splits and Financials tabs. Splits / Financials

Shares outstanding history

↓ Decrease — typically buyback / retirement
↑ Increase — issuance / equity compensation
Latest
* most recent reported · FMP /income-statement · weightedAverageShsOut

Annual shares outstanding by year

FY 2025Latest
Diluted Shares: 27.0M
27.0M
+2.63%
FY 2024
Diluted Shares: 26.3M
26.3M
+8.46%
FY 2023
Diluted Shares: 25.5M
24.2M
-1.29%
FY 2022
Diluted Shares: 24.6M
24.6M
+0.27%
FY 2021
Diluted Shares: 24.5M
24.5M
+1.50%
FMP /income-statement · weightedAverageShsOut · weightedAverageShsOutDilUnit: Billions (B)

Financial Services sector shares outstanding comparison

Shares Outstanding for similar companies or competitors in the Financial Services sector.

#SymbolCompanyShares (Basic)vs PEO
#1
Bank of America CorporationBAC
Bank of America Corporation
7.365B+>999%
#2
JPMorgan Chase & Co.JPM
JPMorgan Chase & Co.
2.789B+>999%
#3
Berkshire Hathaway Inc.BRK-B
Berkshire Hathaway Inc.
2.157B+>999%
#4
Visa Inc.V
Visa Inc.
1.942B+>999%
#5
Mastercard IncorporatedMA
Mastercard Incorporated
897.0M+>999%
#6
Adams Natural Resources Fund, Inc.PEO
Adams Natural Resources Fund, Inc.YOU
27.0M
#7
Berkshire Hathaway Inc.BRK-A
Berkshire Hathaway Inc.
1.4M-94.7%

/company-screener · per-peer /income-statement · cache 86400s

Understanding Shares Outstanding

What Are Shares Outstanding? (Basic)

Adams Natural Resources Fund, Inc. (PEO) shares outstanding is the total number of issued shares held by shareholders — the basis for Basic EPS and market capitalization. As of December 31, 2025, Adams Natural Resources Fund, Inc. reports 27.0M basic shares outstanding (weighted average).

Basic vs. Diluted Shares Outstanding

Adams Natural Resources Fund, Inc.'s basic shares outstanding (27.0M) represents currently issued shares. Diluted shares outstanding (27.0M) also includes potential shares from stock options, RSUs, and convertibles. Dilution spread: +0.00%.

Shares Outstanding vs. Float (Free Float)

Adams Natural Resources Fund, Inc.'s float is — (— of total shares outstanding) — shares freely available for public trading, excluding insider-held and restricted shares.

Float data from /shares-float reflects the most recent SEC filing period-end. The weighted average shares (from /income-statement) may differ — this is a normal reporting window difference, not a data error.

FMP /income-statement · /shares-float · SEC EDGAR · USD

About shares outstanding & methodology

Adams Natural Resources Fund, Inc. (PEO) shares outstanding history from 2006 to 2025. Shares outstanding can be defined as the total number of shares held by all shareholders — including institutional investors, retail investors, and company insiders — assuming conversion of all convertible debt, securities, warrants, and options. This metric excludes the company's treasury shares.

Adams Natural Resources Fund, Inc. shares outstanding for the fiscal year ending December 31, 2025 were 27.0M, a 2.63% increase year-over-year. Adams Natural Resources Fund, Inc. FY 2025 shares outstanding were 27.0M, a +2.63% increase from FY 2024.

Adams Natural Resources Fund, Inc. is a leading company operating in the Financial Services sector. The company's share count trajectory — with a 10-year CAGR of -0.4% — is a key signal for investors evaluating capital return policy, EPS accretion, and long-term shareholder value creation.

Figures tie to SEC 10-K/10-Q income statement disclosures and FMP /income-statement · /shares-float where noted.

Frequently asked questions

PEO shares outstanding · 4 questions

As of December 31, 2025, Adams Natural Resources Fund, Inc. (PEO) has approximately 27.0M basic shares outstanding and 27.0M diluted shares outstanding. This represents a +2.63% year-over-year increase from FY 2024 (26.3M). The increase may reflect equity compensation issuances or secondary offerings.

PEO shares outstandinghow many shares does PEO havePEO basic shares 2025PEO diluted shares

Data: FMP /income-statement · /shares-float · SEC EDGAR · weighted average basis · Adams Natural Resources Fund, Inc. SEC 10-K & 10-Q filings · US GAAP · Last updated: 2026-06-09