Petroleum & Resources (PEO) Posts Q1 Net Investment Capital Gain of 57c/Share

Petroleum & Resources Corporation (NYSE: PEO) reports the following selected metrics for the first-quarter 2012:

"For the three months ended March 31st, the total return on Petroleum & Resources' net asset value, with dividends and capital gains reinvested, was 5.0%. Comparable figures were 4.8% for the Dow Jones U.S. Oil and Gas Index, 10.0% for the Dow Jones U.S. Basic Materials Index, and 6.6% for the Lipper Global Natural Resources Funds Index (Lipper Peer Group). The total return on Petroleum & Resources' market value was 6.6%. The net capital gain realized by Petroleum & Resources on its investments for the three months was $0.57 per share.

"For the three months ended March 31st, the total return on Petroleum & Resources' net asset value, with dividends and capital gains reinvested, was 5.0%. Comparable figures were 4.8% for the Dow Jones U.S. Oil and Gas Index, 10.0% for the Dow Jones U.S. Basic Materials Index, and 6.6% for the Lipper Global Natural Resources Funds Index (Lipper Peer Group). The total return on Petroleum & Resources' market value was 6.6%. The net capital gain realized by Petroleum & Resources on its investments for the three months was $0.57 per share."

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