The long-term prospect for natural gas in America looks bright, but you wouldn't know it from looking at production over the past 18 months. After gas prices plummeted in 2012, production for natural gas has been rather flat. So when can we expect natural gas to pick back up again? According to Nabors Industries (NYSE:NBR), we will likely see a pickup in natural gas drilling activity just before LNG export terminals come online here in this U.S., so somewhere around 2015 for the U.S. and 2018 in Canada.
Of all the natural gas companies out there, two are waiting with bated breath for this time to come: Cabot Oil & Gas (NYSE:COG) and Ultra Petroleum (NASDAQOTH:UPLMQ). The reason that Cabot and Ultra are looking forward to this is because they share two very important traits that are ideally suited for a ramp-up in the natural gas market. Find out the traits that Ultra and Cabot share by tuning into the video below
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