Companies that are highly levered in natural gas, including the Marcellus, were being fleeced by low prices in 2012. But with this past winter being colder than normal, and demand for natural gas growing, EQT (NYSE:EQT), Ultra Petroleum (NASDAQ:UPL), and Cabot Oil & Gas (NYSE:COG) are starting regain some of their momentum due to higher prices.
In this "Digging for Value" video, Fool energy and materials analysts Joel South and Taylor Muckerman talk about what's on the horizon for natural gas companies as long as prices maintain their current value of above $4 per thousand cubic feet, especially since these businesses are becoming more and more efficient in the production.
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 has the following options: long January 2016 $25 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.
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