Two stocks that immediately come to mind in this regard are Standard & Poor's buy-rated stocks Chesapeake Energy (CHK - Get Report) and Devon Energy (DVN - Get Report). Overall, 12 out of 37 analysts that cover Chesapeake have a strong buy recommendation for the stock, up one from last month. Nine out of 31 analysts have a strong buy view on Devon, also up one from last month.
One of the largest U.S. natural gas producers, Chesapeake "is resilient if nothing else," according to Morningstar analysts."The firm managed to survive near collapses in the late 1990s and 2008 in part through its knack for creative fundraising," Morningstar said in a recent research note. "We expect Chesapeake to employ similar financing methods to help fund operations going forward." As of January, Chesapeake had 90.4% exposure to natural gas and 9.6% to oil, according to a Fidelity Capital Markets report, but the company is aiming for 30% liquids exposure by the end of 2013, says Michael Kay, energy analyst at Standard & Poor's. Check out TheStreet's quote page for Chesapeake Energy for year-to-date share performance, analyst ratings, earnings estimates and much more.