With natural gas prices bottoming out in 2012 due to overproduction, projections for 2013 show a 3.5% decline in drilling across the board in the U.S. Despite the less than stellar outlook, there are a few bright spots that investors should pay attention to. The Bakken and Utica regions are well-positioned to outperform because of the high percentage of liquid resources. This means that companies like Kodiak Oil & Gas and Whiting Petroleum, who have strong positions in these regions, could do well in 2013. In this video, Motley Fool contributor Tyler Crowe discusses why expectations in liquids-heavy plays will remain high, and what the natural gas industry needs to do to catch up.
- Jan 8, 2013 at 1:59PM
- Energy, Materials, and Utilities