The YouTuber is buying Cabot Oil and Gas due to its focus on natural gas production, which is currently in high demand, especially in Europe and Asia. He highlights the company's low production costs from its Marcellus Shale wells and its recent merger with Cimarex Energy, which is expected to increase cash flow and improve economies of scale.
“The first stock I'm buying for October is Cabot Oil and Gas, ticker COG. I like Cabot for its focus on natural gas production, which is different than you get from most explorers which focus on oil revenue and natural gas is in full-on crisis mode for supply and demand especially in Europe and Asia and the prices are surging.”