Gateway 2019 Outlook
Posted May 3, 2019
After recently posting our industry outlook for the coming year, we thought we’d share our company outlook. What are our plans for the foreseeable future? Will our approach be changing from what we’ve done in years past?
Continuing to Make a Positive Impact in Eastern Ohio
For those who are unfamiliar with us, or just getting to know us at Gateway Royalty, we are a mineral royalty and acquisition company.
What does that mean exactly? It means we give landowners who own mineral rights or royalties the opportunity to sell all or a portion of their rights or royalties for an upfront payment. Depending on the specific situation, this can make good financial sense for some individuals—enabling them to accomplish certain goals (buy property, pay off debt, tax situations, etc.).
Gateway is headquartered in Carrollton, Ohio, and we typically work with landowners in Belmont, Carroll, Guernsey, Harrison, Jefferson, Monroe, and Noble counties. We have partnered with dozens of landowners in the communities we serve over the past decade.
Our mission in the coming year is to continue along the same path, reaching out to local landowners and continuing to make a positive impact.
Where Will Gateway Be Focusing Its Investments in 2019?
Gateway has a sizeable budget for this year and our plan is to put as much of that money to work as we can. That means investing it wisely by continuing to do what we’ve been doing over the past several years—offering select landowners upfront payment for their mineral rights or royalties.
We collect a lot of data on oil and gas drilling and development to make our decisions. Primarily, we’ve been investing with landowners in areas where active development is happening. This still seems to be mostly in the dry gas window, so that’s where the majority of our dollars are currently being invested.
The Eastern Ohio region and this shale play are something we’re incredibly committed to from both a business and community standpoint, and we plan to see that through.
Partnering with Landowners & Investing in the Local Community
When we started Gateway in 2012, we were on our first round of funding from investors to put to work in the local community. Since that time, we’ve invested millions purchasing mineral rights and royalties from local landowners. We’re now on our fifth round of funding to invest into the local community!
We’re incredibly proud of the work we’ve done at Gateway over the years in the investments we’ve made in the local community. But most of all, we’re proud of the people we’ve partnered with and the positive ways we’ve been able to help them shape their lives and their futures. People like Barbara Spencer and James Wilcox.
Tina Antoline, who along with her husband David sold 50% of their mineral rights to Gateway, notes the benefits of having the trusted people at Gateway as partners:
“When we were making the deal with Gateway, we had several questions we needed to ask. And I said to them, ‘You know I don’t quite understand the equation of how you figure that out and what your minerals will produce.’ And they assured us that they would work with us, and they would help us through and show us what we should expect and that we were treated fairly. That was most important, that we felt the security of somebody having our back and treating us fairly. They gave us affirmation of watching our backs and knowing that they had half interest in it. So the partnership became a friendship.”
At Gateway, our aim is to inform and educate landowners about their options when it comes to selling their mineral rights and royalties, share our knowledge and expertise about the oil and gas industry, and help people to feel comfortable with their ultimate decision (whatever that might be). We want people to feel as good about working with us as we feel about working with them.
If you’re a landowner considering selling your mineral rights or royalties, connect with Gateway Royalty today to start a conversation.