After going below $2 per million BTUs earlier this year, natural gas is now close to $3 per MMbtu. Moreover, gas-directed rig counts continue to fall, having dipped below 500 in recent weeks. The lowered gas-rig count has also led to below-average supply injections. As long as we don't hit peak capacity before winter hits, we're in prime position to work off a lot of the supply glut. While some investors believe a natural gas investment will return en masse with just a small price bump, analyst Paul Chi believes that's not the case. Watch the following video to see why.
There are many different ways to play the energy sector, and our analysts have uncovered an under-the-radar company that's dominating its industry. This company is a leading provider of equipment and components used in drilling and production operations and is poised to profit in a big way from it. To get the name and detailed analysis of this company that will prosper for years to come, check out our special free report: "The Only Energy Stock You'll Ever Need." Don't miss out on this limited-time offer and your opportunity to discover this under-the-radar company before the market does. Click here to access your report -- it's totally free.
The article The Natural Gas Rebound Continues originally appeared on Fool.com.
Matthew Argersinger has options on Ultra Petroleum. Paul Chi owns shares of Apache and Chesapeake Energy. The Motley Fool owns shares of Apache and Ultra Petroleum and has options on Chesapeake Energy and Ultra Petroleum. Motley Fool newsletter services recommend Ultra Petroleum. Try any of our Foolish newsletter services free for 30 days. We Fools don't 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.
Copyright © 1995 - 2012 The Motley Fool, LLC. All rights reserved. The Motley Fool has a disclosure policy.