MI062: Investing in the Oil and Gas Industry with Grant Norwood (Investing Podcast)
The Intrinsic Value Podcast - The Investor’s Podcast Network
The Investor's Podcast Network
4.6 • 592 Ratings
🗓️ 14 October 2020
⏱️ 39 minutes
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Summary
Transcript
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| 0:00.0 | You're listening to TIP. |
| 0:02.4 | In today's episode, I chat with Grant Norwood to talk about the oil and gas industry |
| 0:06.3 | and why investors should consider this potentially lucrative space. |
| 0:10.9 | Grant is the president of Norwood Energy Corporation, a Texas-based oil and gas exploration company. |
| 0:17.2 | Oil and gas is another one of those industries that doesn't exactly come as top of mind to most |
| 0:22.5 | investors, especially most of us millennial investors. However, it is a space that has seen |
| 0:27.6 | advancements in the last few years, and Grant has been at the forefront of those changes. |
| 0:32.2 | Even as there are risks involved, it can be lucrative given the right strategy, and I'm happy |
| 0:36.5 | to have Grant today to give |
| 0:37.8 | us a look into this. So without further delay, let's get into this week's episode with Grant Norwood. |
| 0:44.3 | You're listening to Millennial Investing by the Investors Podcast Network, where your host, Robert |
| 0:49.9 | Leonard, interview successful entrepreneurs, business leaders, and investors to help educate and |
| 0:55.5 | inspire the millennial generation. |
| 1:06.2 | Hey, everyone. |
| 1:07.1 | Welcome to this week's episode of the Millennial Investing Podcast. |
| 1:09.5 | As always, I'm your host, Robert Leonard. And with me today, I have Grant Norwood. Welcome to the show, Grant. Hey, thanks for having me. I appreciate you, Robert. I'm excited for the show today, since we're going to be talking about a topic that I'm not really an expert in by any means. So it should be a great learning experience for me as well as the audience. But before we dive into |
| 1:28.3 | the topics of today's show, tell us a bit about yourself and how you got to where you are today. |
| 1:33.6 | So obviously I'm in the oil business. I put together drilling projects. I help mineral owners |
| 1:38.8 | sell their mineral interests to bigger companies and get the most money they possibly can for it. |
| 1:43.1 | I had some mentors earlier on in life. |
| 1:45.0 | I had a ranch out in West Texas that my family, well, it was their ranch, but I grew up out there and I got to be around oil people because they always wanted to lease it from us to hunt on. |
| 1:55.0 | So I got to know them and I made some contacts early on and then as I grew up and tried to figure out what I was going to do with my life, I referred back to those contacts, and they brought me in, mentored me. |
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