Rex Petroleum Co. - 1918 dated Colorado Oil Stock Certificate
Inv# OS1739 Stock
Stock printed by Goes. Colorado has significant hydrocarbon resources. According to the Energy Information Administration, Colorado hosts seven of the largest natural gas fields in the United States, and two of the largest oil fields. Conventional and unconventional natural gas output from several Colorado basins typically accounts for more than five percent of annual U.S. natural gas production. Colorado's oil shale deposits hold an estimated 1 trillion barrels (160 km3) of oil—nearly as much oil as the entire world's proven oil reserves. Substantial deposits of bituminous, subbituminous, and lignite coal are found in the state. Read more at https://en.wikipedia.org/wiki/Colorado
A stock certificate is issued by businesses, usually companies. A stock is part of the permanent finance of a business. Normally, they are never repaid, and the investor can recover his/her money only by selling to another investor. Most stocks, or also called shares, earn dividends, at the business's discretion, depending on how well it has traded. A stockholder or shareholder is a part-owner of the business that issued the stock certificates.
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