One thing is for sure, if you are looking for stocks to buy among the wreckage, look no further than energy. A new research report from Cowen maintains that energy investors need to look no further than the leading natural gas exploration and production stocks. While the Cowen estimates for forward natural gas pricing are lower than most Wall Street estimates, they still are very bullish on some of the top companies.

The Cowen team thinks that, while natural gas demand may lag supply through 2016, it will pick up thereafter. With forecasts of a brutal winter on tap, there is always the chance that prices spike faster than expected. The four Cowen stocks rated Outperform have big upside potential if the analyst targets are hit.

EQT

This company is expected to have a stunning 99% of its production come in as natural gas. EQT Corp.’s (NYSE: EQT) superior cost structure and above-average growth may help it exploit stable and rising natural gas prices. With an increasing reserve structure and a projected higher number of Marcellus wells to be drilled in the coming five years, the company exhibits industry-leading organic growth momentum.

With more than 125 years of experience, EQT continues to be a leader in the use of advanced horizontal drilling technology. This technology is designed to minimize the potential impact of drilling-related activities and reduce the overall environmental footprint, something that is very shareholder friendly. Plus, the company is a low-cost producer with a very strategic midstream presence. EQT’s superior cost structure and above-average growth may help to ease concerns some investors have about current struggling natural gas prices.

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Cowen has noted before that the company’s midstream holdings are among the best in the industry. EQT completed the IPO of its general partner back in May and it carries a $7.85 billion valuation. With a $1.75 billion stake in Equity Midstream Partner, the company has a combined total of almost $10 billion in midstream holdings.

EQT investors are paid a small 0.16% dividend. The Cowen price target for the stock is $90. The Thomson/First Call consensus target is higher at $100.42. The stock closed Wednesday at $74.34, so trading to the Cowen target would be a 24% gain.