Oil Pricing Challenges

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This chapter explores the complexities of oil pricing, focusing on the unusual scenario of negative oil prices and the factors that led to it, including futures contracts and delivery issues. It highlights the profitability dynamics within the oil and gas industry, detailing how smaller companies can thrive at lower prices through cost-efficient practices and strategic operations.

Robert Leonard chats with Grant Norwood about the oil and gas industry, and why investors should consider this potentially lucrative space. Grant is the president of Norwood Energy Corporation, a Texas-based oil and gas exploration company.

IN THIS EPISODE, YOU’LL LEARN

00:00 - Intro

02:18 - The current state of the oil and gas industry.

04:16 - Why you should consider investing in oil and gas companies.

10:12 - What is the difference between passive investing and buying stock in this industry?

17:45 - Which types of investors should consider this strategy?

22:04 - About current oil prices.

And much, much more!

*Disclaimer: Slight timestamp discrepancies may occur due to podcast platform differences.

BOOKS AND RESOURCES

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Rick Ferri’s book The Power of Passive Investing.
Taylor Larimore’s book The Bogleheads’ Guide to the Three-Fund Portfolio.
Joel Greenblatt’s book The Little Book That Still Beats the Market.
Guy Spier’s book The Education of a Value Investor.
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