FEATURED SLIDESHOW
Who Is The Worst CEO?Mad Money needed new inductees for its
Wall of Shame, so we asked viewers for
nominations.
RECENT POSTS
- 4 Enemies of Bull Markets
- Experiencing Technical Difficulty?
- The Importance of Good Breadth
- How Big Money Rules the Markets
- Follow the Leader
- Mad Mail: Chesapeake Energy Is Hiring?
- Lightning Round: Royal Dutch Shell, Bank of America, RF Micro Devices and More
- Lightning Round OT: Harley-Davidson, Heartland Payment and More
- Cramer’s Christmas List
- Cramer: This Stock Offers ‘Plenty of Upside’
MAD MONEY FEATURES
PODCASTSWatch the Lightning Round whenever and wherever you want.
OFFICIAL MAD MONEY WIDGETGrab this all-in-one application and get recaps of the show sent right to your desktop or blog.
CRAMERS SOUNDBOARDAdmit it: You've always wanted to hit the "They
know nothing!" button. Here’s your chance.
CHECK OUT OUR PHOTOSCheck out Cramer on set, back to school, behind the scenes and more.
SHOP FOR MAD MERCHANDISEBuy Cramer books, bobbleheads and other Mad Money merchandise.
RING TONESPick up the phone! It's Cramer! New Mad Money sounds for your cell phone.
TEXT MESSAGE ALERTMad Money's mobile. Get show highlights sent to your phone.
Text Size 
Here’s a question worth considering: If natural-gas prices are at seven-year lows, then why are the sector’s companies pouring even more money into drilling? Capital expenditures should shrink when the commodity declines, but they’re not.
Take a look at Ultra Petroleum [UPL
Loading...
()
], for instance. The company cut its drilling budget by $50 million two quarters ago only to reverse direction and increase it last quarter by $65 million. Ultra is also pushing deeper into the Marcellus shale, a key natural-gas reserve in Pennsylvania, by digging 35 wells rather than the 23 originally planned, and it’s taking on debt to do it.
“You don’t do that when you expect things to get worse,” Cramer said.
The Mad Money host guessed that companies like UPL are predicting a nat-gas comeback. But to find out for sure, he invited Ultra Petroleum CEO Michael Watford onto the show. Watch the video for the full interview.
Call Cramer: 1-800-743-CNBC
Questions for Cramer?
Questions, comments, suggestions for the Mad Money website?
Data is a real-time snapshot *Data is delayed at least 15 minutes