If you heat your house and put gas in your car, you’ll know just how important oil and gas are – they literally keep the world running. What you might not know is that it’s a highly desirable asset class with hundreds of millions of barrels in earning potential.
As more people flee from real estate and the stock market, they are getting consistent, predictable income from mineral rights.
What are some of the fundamentals that make this investment so favorable? What’s the runway on this asset class?
In this episode, I’m joined by domestic energy expert and investor, Troy W. Eckard. He shares how people are getting wealthy through oil and gas.
- Green energy: fact or fad
There are a lot of people who think the days of oil are numbered, but why is that virtually impossible?
- The grocery cart test
Even though the powers that be want us to believe we’re heading for a soft landing, what indicators just don’t lie about what’s really going on?
- Untapped potential
Why is the domestic oil and gas industry so ripe for opportunity?
Troy started his career as a registered broker licensed with the Financial Industry Regulatory Authority (FINRA) in 1985. In 1991, Troy acquired the majority interest in a 40-year-old licensed FINRA firm renamed Eckard Investment Services, Inc. Troy owned that firm until it was voluntarily closed in 2009 when brokered services were no longer part of his family’s energy business model. Over the last 37 years, Troy has had a near 100% focus on domestic energy. This includes hundreds of various joint ventures, LLCs, and special purpose vehicles ranging from seismic acquisitions, saltwater wells, domestic exploration and development projects, production acquisitions, water rights acquisitions, real estate developments, and midstream ventures. This experience has provided him with a broad knowledge of integrated expertise in energy asset management.
In 2010, he elected to roll all his prior ventures into one family business now known as Eckard Enterprises, LLC. He serves as the owner, Chairman, and Manager of the firm. Over the last decade he’s built a fully integrated management team with expertise in finance, operations, land, engineering, and geology. With almost four decades of experience, his focus on domestic oil and gas puts him at the top of his class in expertise and industry knowledge. Eckard Enterprises believes that owning, developing, and managing assets is one of the safest long-term investment strategies available today. Today, the firm represents over 1,300 high-net-worth partners and is one of the industry’s leaders in mineral rights acquisitions and working interest participation. Eckard is a leader in the industry and unrivaled in its reputation, transparency, ethics, moral stance, and expertise in execution.
For more information, head to eckardenterprises.com.