In this segment of The Motley Fool's energy-focused show, "Digging for Value", energy analysts Joel South and Taylor Muckerman discuss rising natural gas prices and look into low cost producer, Ultra Petroleum (NYSE: UPL). While Ultra Petroleum is nicely positioned to profit from higher natural gas prices, investors need to focus on the company's balance sheet as debt covenants could hamper Ultra Petroleum's access to capital. Check out the video below for more information in addition to seeing if Ultra is a buy today.