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Opinions Chris Blumas
EOG Resources IncEOGBUY ON WEAKNESSApr 14, 2026
Chris BlumasStock price when the opinion was issued
As of Aug 20, 2026. Market Open.
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It will be a complicated report today. Prices in Q4 declined which will effect free cash flow. He expects EOG to reduce capex full year, which the street night like.
Joe TerranovaHe likes rising natural gas prices and more share buybacks. This has outperformed the energy sector by 10% in the past 52 weeks.
Joe TerranovaA US name to look at if you don't want to deal with the geopolitical or the heavy-oil takeaway capacity. Those constraints wouldn't affect this non-Canadian name. Probably the lowest-cost operator in the US, and one of the lowest globally. Does well operating in the counter-cyclical model.
Sharp selloff along with the price of oil, and it's just to do with the economic sensitivity of the commodity. Yield is 3.2%.
He's overweight energy, but supply/demand hasn't rewarded him yet. It reported a beat, but shares are up only 1% today and he's disappointed.
Joe Terranova
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Can do either. In Canada, he choose CNQ, and EOG in the U.S. CNQ acts like an annuity, requiring massive upfront investment, but cash flows for a long time. EOG has unique assets. But he wouldn't buy energy now. The supply chain problems now won't last forever. You can buy either stock on a pullback.