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Filing Details

Issuer

Cik	Name	Symbol	Sector (SIC)	IRS No
216851	Adams Natural Resources Fund Inc.	PEO	()	135506797

Insiders

Cik	Name	Reported Address	Insider Title	Director	Officer	Large Shareholder	Other
1584675	P. James Haynie	500 East Pratt Street Suite 1300 Baltimore MD 21202	President	No	Yes	No	No

Reported Non-Derivative Transactions

Sec. Name	Acquisiton - Disposition	Date	Amount	Price	Remaning Holdings	Equity Swap Involved	Form Type	Code	Nature of Ownership	Explanation
Common Stock	Acquisiton	2016-12-31	202	$0.00	12,640	No	5	J	Direct
Common Stock	Acquisiton	2016-12-31	2,762	$0.00	4,488	No	5	J	Indirect	By Issuer's Thrift Plan Trust
Common Stock	Acquisiton	2017-01-27	1,500	$20.40	14,140	No	4	P	Direct
Common Stock	Acquisiton	2017-01-27	100	$20.41	14,240	No	4	P	Direct
Common Stock	Acquisiton	2017-01-27	700	$20.42	14,940	No	4	P	Direct

Equity Swap Involved	Form Type	Code	Nature of Ownership	Explanation
No	5	J	Direct
No	5	J	Indirect	By Issuer's Thrift Plan Trust
No	4	P	Direct
No	4	P	Direct
No	4	P	Direct

Footnotes

These shares were acquired in exempt transactions as a result of dividend reinvestment. The Issuer's stock traded in a range of $14.29 - $20.82 during 2016.
These shares are held by the Issuer's Thrift Plan Trust and represent the undersigned's proportionate beneficial interest in the shares that were acquired by the Trust in 2016 and shares acquired by the Trustee through dividend reinvestment in 2016. The Issuer's stock traded in a range of $14.29 - $20.82 during that time.
The number of shares reported as held by the Issuer's Thrift Plan Trust represents the undersigned's proportionate beneficial interest in transactions through periodic contributions made during 2016, shares acquired by the Trustee through dividend reinvestment, changes in the number of shares previously reported due to fluctuations in the market price and interests in the Trust during 2016. The Issuer's stock traded in a range of $14.29 - $20.82 during 2016.