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The Intrinsic Value Podcast - The Investor’s Podcast Network

MI Rewind: Investing in the Oil and Gas Industry w/ Grant Norwood

The Intrinsic Value Podcast - The Investor’s Podcast Network

The Investor's Podcast Network

Business, Education, Investing

4.6592 Ratings

🗓️ 23 August 2024

⏱️ 39 minutes

🧾️ Download transcript

Summary

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 Join the exclusive TIP Mastermind Community to engage in meaningful stock investing discussions with Kyle and the other community members. 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. Check out the books mentioned in the podcast here. Enjoy ad-free episodes when you subscribe to our Premium Feed. NEW TO THE SHOW? Follow our official social media accounts: X (Twitter) | LinkedIn | Instagram | Facebook | TikTok. Check out our Millennial Investing Starter Packs. Browse through all our episodes (complete with transcripts) here. Try Kyle's favorite tool for picking stock winners and managing our portfolios: TIP Finance. Enjoy exclusive perks from our favorite Apps and Services. Stay up-to-date on financial markets and investing strategies through our daily newsletter, We Study Markets. Learn how to better start, manage, and grow your business with the best business podcasts. SPONSORS Support our free podcast by supporting our sponsors: Fiscal.AI Support our show by becoming a premium member! https://theinvestorspodcastnetwork.supportingcast.fm Support our show by becoming a premium member! https://theinvestorspodcastnetwork.supportingcast.fm Support our show by becoming a premium member! https://theinvestorspodcastnetwork.supportingcast.fm Support our show by becoming a premium member! https://theinvestorspodcastnetwork.supportingcast.fm Support our show by becoming a premium member! https://theinvestorspodcastnetwork.supportingcast.fm Support our show by becoming a premium member! https://theinvestorspodcastnetwork.supportingcast.fm Support our show by becoming a premium member! https://theinvestorspodcastnetwork.supportingcast.fm Support our show by becoming a premium member! https://theinvestorspodcastnetwork.supportingcast.fm Support our show by becoming a premium member! https://theinvestorspodcastnetwork.supportingcast.fm Support our show by becoming a premium member! https://theinvestorspodcastnetwork.supportingcast.fm Support our show by becoming a premium member! https://theinvestorspodcastnetwork.supportingcast.fm Support our show by becoming a premium member! https://theinvestorspodcastnetwork.supportingcast.fm Support our show by becoming a premium member! https://theinvestorspodcastnetwork.supportingcast.fm Support our show by becoming a premium member! https://theinvestorspodcastnetwork.supportingcast.fm Support our show by becoming a premium member! https://theinvestorspodcastnetwork.supportingcast.fm Support our show by becoming a premium member! https://theinvestorspodcastnetwork.supportingcast.fm Support our show by becoming a premium member! https://theinvestorspodcastnetwork.supportingcast.fm Support our show by becoming a premium member! https://theinvestorspodcastnetwork.supportingcast.fm Support our show by becoming a premium member! https://theinvestorspodcastnetwork.supportingcast.fm Support our show by becoming a premium member! https://theinvestorspodcastnetwork.supportingcast.fm Support our show by becoming a premium member! https://theinvestorspodcastnetwork.supportingcast.fm Support our show by becoming a premium member! https://theinvestorspodcastnetwork.supportingcast.fm Support our show by becoming a premium member! https://theinvestorspodcastnetwork.supportingcast.fm Learn more about your ad choices. Visit megaphone.fm/adchoices Support our show by becoming a premium member! https://theinvestorspodcastnetwork.supportingcast.fm

Transcript

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0:00.0

You're listening to TIP.

0:02.0

Hey guys, on today's show, I'm resharing a favorite episode from the past.

0:06.0

I'd like to do this because we get a lot of new listeners each week, and they will never have heard this excellent episode before.

0:12.0

And even if you've been listening for a while, you may have missed it when it first came out,

0:17.0

or you could at least benefit from reviewing some of this episode's lessons again

0:21.6

and reinforcing your learning. If you're not interested in episodes from the past, there's

0:26.5

no hard feelings at all, and you can pick up with us again next week for a brand new episode.

0:32.1

Everything going forward is from the original, and I hope you guys enjoy listening to it

0:36.1

as much as I did.

0:37.5

In today's episode, I chat with Grant Norwood to talk about the oil and gas industry

0:41.6

and why investors should consider this potentially lucrative space.

0:46.2

Grant is the president of Norwood Energy Corporation, a Texas-based oil and gas exploration

0:51.4

company.

0:52.6

Oil and gas is another one of those industries that doesn't

0:55.3

exactly come as top of mind to most investors, especially most of us millennial investors.

1:01.2

However, it is a space that has seen advancements in the last few years, and Grant has been at the

1:05.5

forefront of those changes. Even as there are risks involved, it can be lucrative given the right

1:10.5

strategy, and I'm happy

1:11.8

to have Grant today to give us a look into this.

1:14.7

So without further delay, let's get into this week's episode with Grant Norwood.

1:19.6

You're listening to Millennial Investing by the Investors Podcast Network, where your host,

1:25.0

Robert Leonard, interview successful entrepreneurs, business leaders,

...

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