For many investors, the stain of 2012 natural gas prices gave gas-centered exploration and production companies a bad reputation. Today, though, these companies could be some of the better deals on the market. Between implementing major operational efficiency programs to bring down costs, a more stable market, and new demand outlets popping up every day, the prospects for natural gas companies look better than for the first successful fracked well.

Of course, not all companies in the natural gas space are going to perform well. In the following video, contributor Tyler Crowe points out one company that may not be the best bet right now, and one company that should be on every energy investors' radar.

Fool contributor Aimee Duffy owns shares of Ford. Fool contributor Tyler Crowe has no position in any stocks mentioned. You can follow them both on Twitter: @TMFDuffy and @TylerCroweFool, respectively. The Motley Fool recommends Ford, Sasol, and Ultra Petroleum, owns shares of Ford, General Electric, and Ultra Petroleum, and has options on Ultra Petroleum. Try any of our Foolish newsletter services free for 30 days. We Fools don't all hold the same opinions, but we all believe that considering a diverse range of insights makes us better investors. The Motley Fool has a disclosure policy.