This segment is from Thursday's edition of "Digging for Value," in which sector analysts Joel South and Taylor Muckerman discuss energy and materials news with host Alison Southwick. The twice-weekly show can be viewed on Tuesdays and Thursdays. It can also be found on Twitter, along with our extended coverage of the energy and materials sectors @TMFEnergy.

Ultra Petroleum (NASDAQ:UPL) is becoming an investor favorite to profit from a rebound in natural gas prices. Ultra has exceptional assets in the Pinedale field in Wyoming, and a solid position in the Marcellus shale, in addition to new liquids assets in the Uinta Basin. While the low-cost producer has a solid future, once again, investors really need to look at EQT Corp. (NYSE:EQT). EQT Corp. is also a low-cost natural gas producer, but the company also has a diverse business with EQT Midstream, running 11 thousand miles of pipeline, Equitable Gas, a large natural gas utility, and a retail brand offering service to natural gas-powered vehicles.

Joel South has no position in any stocks mentioned. Taylor Muckerman has no position in any stocks mentioned. The Motley Fool recommends Ultra Petroleum. The Motley Fool owns shares of Ultra Petroleum and has the following options: long January 2014 $30 calls on Ultra Petroleum, long January 2014 $40 calls on Ultra Petroleum, and long January 2014 $50 calls on Ultra Petroleum. Try any of our Foolish newsletter services free for 30 days. We Fools may not 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.