The Intrinsic Value Podcast - The Investor’s Podcast Network
MI Rewind: Investing in the Oil and Gas Industry w/ Grant Norwood
Aug 23, 2024
Grant Norwood, the president of Norwood Energy Corporation, reveals the hidden gems in the oil and gas industry. He discusses why savvy investors should eye this lucrative sector amidst current market fluctuations. The conversation covers the key differences between passive investments and direct stakes in oil ventures. Grant shares insights on navigating the complexities of oil pricing, including the impact of green energy transitions. He also emphasizes the importance of mentorship to manage risks effectively. A must-listen for those considering this investment arena!
43:34
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Quick takeaways
- The oil and gas industry offers lucrative investment opportunities due to its crucial role in powering transportation, which relies heavily on petroleum products.
- Smaller firms like Norwood Energy can thrive amid market fluctuations by maintaining lower operational costs and strategic planning, contrasting with larger companies that may struggle.
Deep dives
The Lucrative Nature of the Oil and Gas Industry
The oil and gas industry remains a lucrative opportunity for investors, primarily because a significant percentage of transportation relies on petroleum products. Currently, transportation is about 91% powered by these products, with natural gas contributing another 40%. Despite this potential, the sector can seem inaccessible to everyday investors due to the high barriers to entry in finding and securing quality deals. Grant Norwood highlights the importance of aligning with reputable firms to navigate these challenges since many companies present inflated costs, making it hard to find smart investment options.
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