Matt Badiali: Freedom Checks And the Investment Potential They Present

If you have paid attention to the headlines that have been presenting themselves on investment advice columns around the world that you may already have been made aware of the new and exciting investment opportunity that has been promoted by Matt Badiali. This investment opportunity is being referred to as Freedom Checks. It is okay if you are a little skeptical whenever you first hear about this opportunity. It is normal to question whether or not the opportunity is valid or if you are simply being sold an idea by an unscrupulous individual. Read more about Matt Badiali at Talk Markets.

While the term Freedom Checks is an original invention of Matt Badiali himself the investment that he is referring to is very real and profitable indeed. Freedom Checks are simply the cash that is returned to investors who have purchased shares in corporations that operate in the oil and gas industry in the United States of America. These corporations have managed to qualify for a special tax classification that is called master limited partnership. If a corporation is able to qualify as a master limited partnership, then they have zero tax liability and pay zero in taxes. There are obviously huge incentives for a corporation to make these qualifications in order to reduce their tax burden.

The existence of a master limited partnership was created in the 1980s by an act of Congress. The act Congress that was passed is referred to as Statute 26-F. The statute specified that if an organization was able to provide proof that 90% of their income was generated from the creation, refining, stockpiling, and transportation of oil and natural gas domestically within the borders of the United States of America than they could qualify to operate as a master limited partnership. However, if a corporation was able to qualify as a master limited partnership, then they must also pay out a portion of their revenues to their shareholders periodically in a manner that is analogous to dividends in the traditional stock market. Learn more about Matt on Inspirery.com.

There is one more thing about Freedom Checks that is important to understand. The income that you received from these checks is not treated as personal income. This is important because whenever you are doing your taxes, your liability on your personal income will not increase. Instead, Freedom Checks are treated as a return of capital. Any income that is treated as a return of capital is only subject to the much lower capital gains rate of tax.

Visit: https://dailyreckoning.com/freedom-checks-exposed/

 

Obsidian Energy Is Renewing Its Commitment To Its Shareholders And Business Partners

Penn West has recently changed its name to Obsidian Energy after its shareholders, overwhelmingly, approved of the move. The stock symbol of the company also changed to “OBE,” but shareholders do not need to make any changes as they will still be invested. CEO and President, David French, expressed his pleasure with name change and commented that it marked the beginning of a brand-new chapter for the energy company. He also talked about the fact that Obsidian Energy is moving forward by following three principles, which include being as transparent as it can with its shareholders, making the best decisions in order to ensure that the company protects its assets, and by doing its best to move into the future through following an innovative and progressive path.

 

Obsidian Energy is a mid-sized gas and oil producing company that can produce around 30,000 boe every day. With a spread of assets that ensure the success of the company, Obsidian uses an entrepreneurial model of business that will allow it to survive the ups and downs of the changing industry. With its transformation, the company is re-inserting the way that it forms relationships within the communities that it works in and has completely re-committed to ensuring that its shareholders and business partners can count on it to pursue the better good of everyone involved with its mission to bring energy to the world.

 

One of Obsidian’s assets is in the Viking, Alberta area, and it produces roughly 1,766 boe every day. The company has infrastructure ownership of the entire Esther area, which provides it with a blend of shorter cycle wells that yield a blend of gas and light-oil. In Cardium, Obsidian produces close to 18,876 boe every day from high-netback, low-decline light-oil wells that rely on a combined waterflood strategy that has been successful used for many years to produce as much oil as possible. In the Peace River area, the company produces close to 4,823 boe a day in cooperation with its partner, China Investment Corporation.

 

Looking to the future, Obsidian Energy expects to continue its growth and keep its business partners and shareholders updated with its progress during every step of the way. Visit This Page for additional information.

 

Read More: https://www.obsidianenergy.com/