Eckard Enterprises
Eckard Enterprises
2010
$1.2B
Allen, TX
Oklahoma
Texas
Oil & Gas
Accredited
Qualified Purchaser
Family Office
Institutional
Eckard Enterprises Reviews
3Invest Clearly reviews are real experiences from verified investors. Here's
Ambitious Contrarians Deliver with Transparency & Integrity
Eckard Enterprises is an ambitious, family-owned business rapidly growing its petroleum empire. They prefer engaged private investors they can have a family dinner with, not cold, disinterested business partners. The yearly conference in OKC was AMAZING, met almost every employee, had meals with them, spent a day on tour of the oil patch with them, visiting all of the various assets classes and stages. They also do monthly oil patch field trips if you miss the conference - imagine yourself in a church van with employees & landmen! # Upsides * Transparency and Technology: Expect updates at least monthly, sometimes weekly, delivered via mobile app, website, email, videos, livestreams, text, and/or phone calls. The Eckard Insight website & mobile apps offer cash flow updates, asset performance metrics, tax form access, a secondary marketplace, and more. See your deeds, see the oil well AFEs, know your well API numbers. * On-time Accounting: Monthly statements & payments will be made on time, every time. Infrequent schedule updates are communicated in advance with good justifications (e.g. holidays, major events). * Flexible Allocation: Blend income and growth assets across minerals, notes, and working interests under one roof. # Considerations * Real-Asset Volatility: Commodity swings and drilling delays are inherent to the space and can cause cash flow fluctuations. Many of the assets have a 6 to 12 month delay after investment before cashflow begins. The exception to both rules are their fixed-interest notes, which pay out without delay or fluctuations. * High-Conviction Leadership: Founder Troy Eckard’s bold, disciplined style and "lone wolf" expansion pace favor investors who value founder-led conviction over corporate polished PR. Ideal Eckard investors: * Embrace a Contrarian mindset * Engaged and excited by the asset, to celebrate successes with their partners * Eager to learn the asset class and due diligence. Eckard will provide a firehose of education. * Accredited, rich, repeat investors... 😉
Best in class oil and gas sponsor
Troy Eckard, the principal, of Eckard is extremely passionate about the oil and gas industry and works tirelessly to educate his partners on the space. I previously invested in a couple of other oil and gas deals that have performed poorly and learned so much from Troy about the right questions to ask and due diligence to perform which would have helped me avoid the prior investments. He truly cares for his partners/investors like family and wants us all to succeed as a collective. This type of honesty and transparency is a rare find today. Looking forward to partnering with Eckard on future mineral rights and working interest projects!
Eckard Enterprises, LLC
Ekcard Enterprises is an oil & gas company specializing in land acquisition, oil & gas exploration, and pipeline development. The COB Troy W. Eckard has been in the oil and gas business for 40 years. It's one of the few honest and trustworthy oil and gas companies to invest in. My wife and I have been investing with Eckard Enterprises for almost 3 years. We have mostly invested in land acquisition, where we buy actual real estate that the billion dollar oil companies like Exxon drill on. We receive royalty income every time they drill and activate their wells. We have also invested in a 3 well drilling project and invested in a LNG pipeline in the Gulf of Mexico. They are a diverse company with great leadership and a wonderful team that makes the company run very smoothly. We have found them honest, transparent, and highly knowledgeable. They do a tremendous job of educating their investor partners. We have had a ROR on our investments with them of over 20%. It's been a good investment for us. It not only provides monthly income, but is also a lifetime asset if should choose to hold on to your mineral acres/real estate.
