Tait Duryea presents Turbine Capital’s 2026 shareholder update, covering firm growth, inflation, interest rates, stock market valuations, and the commercial real estate reset. He explains why current conditions are creating opportunities in multifamily and senior housing before Mark Fleming breaks down Waypoint Energy, oil and gas deal selection, cash flow, and tax benefits. The conversation also covers AI-driven energy demand, portfolio diversification, and passive 1031 exchange options through TIC and DST structures.

Mark Fleming is Chief Investment Officer of Waypoint Energy, Turbine Capital’s in-house oil and gas platform. He brings 35 years of energy industry experience and holds bachelor’s and master’s degrees in petroleum engineering. His career includes roles with Chevron, Hess, and Truist Bank, along with experience in oil and gas lending. During the event, Mark shares how Waypoint evaluates drilling opportunities, manages diversification, and approaches energy investing for passive investors. 

They discuss:

(00:00) 2026 shareholder update begins
(10:33) Investor growth and distributions
(15:01) Inflation and money supply
(20:08) Stock market valuation concerns
(21:58) Commercial real estate reset
(31:30) Debt deficits and interest rates
(39:32) Residential housing rate lock
(44:57) Senior housing opportunity
(53:47) Waypoint Energy investment strategy
(01:07:18) Passive 1031 exchange options

Links & Resources:

• ANNUAL SHAREHOLDER EVENT 2026 Presentation:https://drive.google.com/file/d/1-k696ZZWiPZmlH-UrRgIwXpWZPu1b2ZY/view?usp=sharing
• Oil & Gas Tax Benefits Ebook:  https://turbinecap.com/ebook
• Turbine Capital Events Calendar: https://www.turbinecap.com/calendar
• Investor questions, KYC, subscription documents, or accreditation support: [email protected]

Turbine Capital Private Podcast:
Spotify: https://open.spotify.com/show/0IWgXJwFJY1Xiw13SfuCnZ?si=87be61dfe5fb415d
Apple: https://podcasts.apple.com/us/podcast/turbine-capital-private-podcast/id1831346026

If you have any questions, please feel free to email [email protected].

Learn more about Turbine Capital:
Website: https://www.turbinecap.com
Facebook: https://www.facebook.com/turbinecap
Instagram: https://instagram.com/turbinecapital

The information discussed in this episode is for informational and educational purposes only and should not be considered investment, tax, or legal advice. Nothing discussed in this episode constitutes an offer to sell or a solicitation of an offer to buy any securities. Any opinions expressed are those of the participants at the time of recording and are subject to change without notice. Investments discussed may not be suitable for all investors and involve risk, including the potential loss of principal. Past performance is not indicative of future results. Prospective investors should review all applicable offering documents and consult with their own financial, tax, and legal advisors before making any investment decision.