Natural Gas Trader
ExxonMobil
Natural Gas Trader
ExxonMobil
Produces oil, gas, fuels and chemical materials
About us
At ExxonMobil, our vision is to lead in energy innovations that advance modern living and a net-zero future. As one of the world’s largest publicly traded energy and chemical companies, we are powered by a unique and diverse workforce fueled by the pride in what we do and what we stand for.
The success of our Upstream, Product Solutions and Low Carbon Solutions businesses is the result of the talent, curiosity and drive of our people. They bring solutions every day to optimize our strategy in energy, chemicals, lubricants and lower-emissions technologies.
We invite you to bring your ideas to ExxonMobil to help create sustainable solutions that improve quality of life and meet society’s evolving needs. Learn more about our What and our Why and how we canwork together.
ExxonMobil's North American gas and power trading team is hiring a Natural Gas Trader to for our Texas gas portfolio within our West book. You will be responsible for moving one of the largest equity gas positions in the basin from the plant tailgate to the best available market, managing transportation, storage and price risk across West Texas and the Gulf Coast, physically and financially, within delegated authority.
This role supports three parts of the business: a large and growing upstream gas portfolio, Gulf Coast LNG export, and the Texas power market that supplies our field operations. You will work alongside schedulers, system traders, originators, analysts, risk and upstream operations, and you will be expected to develop and present a market view.
Market equity production. Sell the firm's Permian gas and manage daily optimization around it.
Optimize transportation. Manage firm and interruptible capacity on Texas intrastate and interstate pipelines out of the Permian area to Katy, Houston Ship Channel, Agua Dulce, and other Texas markets; capture locational and time spreads.
Optimize storage. Use Texas storage positions to capture seasonal and daily value and to absorb operational swings.
Trading and hedging strategies. Develop and execute strategies across daily, monthly and term horizons, taking positions in physical and financial gas markets within approved risk limits and policies.
Trade around operational events. Respond to pipeline maintenance, Waha price dislocations, plant and compression outages and weather events.
Coordinate with power. Work with the power trading team on ERCOT exposures that affect field operations and production.
Develop market views. Develop and communicate fundamentals-based views on Permian supply, new egress capacity, LNG feedgas, Mexico exports and power burn, in partnership with Global Trading Analytics.
Support origination and midstream business development. Evaluate and help structure supply agreements, transport and storage capacity opportunities and other term transactions.
Desk coverage. Take part in desk coverage, including a weekend and holiday rotation.
Build relationships. Develop relationships with producers, midstream operators, utilities, LNG exporters, industrials and marketers.
Required
Preferred
Physical gas trading and marketing: daily cash, bidweek and term transactions; selling equity production.
Transportation optimization: firm and interruptible capacity, fuel and rates, and valuing capacity.
Storage optimization: injection and withdrawal strategy, and capturing seasonal and daily spreads.
Financial hedging and derivatives: NYMEX futures, basis and index swaps
Position and risk management: managing exposure within limits, VaR and delegated authority.
Market fundamentals and analysis: supply and demand balances, egress, LNG feedgas, Mexico exports, power burn and weather.
Scheduling and pipeline operations: NAESB nomination cycles, pooling, imbalances and operational events.
Contracts and counterparty management: NAESB agreements, and credit coordination.
Deal evaluation and structuring: supply agreements, capacity opportunities and term transactions.
P&L, settlements and controls: daily P&L, month-end settlements and trade capture accuracy.
Trading systems and data: ETRM, ICE, and Excel; Python or SQL a plus.
Regulatory compliance: CFTC, FERC and Texas intrastate requirements, and market conduct rules.
Power market interface: awareness of ERCOT
An ExxonMobil career is one designed to last. Our commitment to you runs deep: our employees grow personally and professionally, with benefits built on our core categories of health, security, finance, and life.
We offer you:
More information on our Company’s benefits can be found at www.exxonmobilfamily.com.
Please note benefits may be changed from time to time without notice, subject to applicable law.
ExxonMobil is an Equal Opportunity Employer. All qualified applicants will receive consideration for employment without regard to race, color, religion, sex, age, sexual orientation, gender identity, national origin, citizenship status, protected veteran status, genetic information, or physical or mental disability.
Nothing herein is intended to override the corporate separateness of local entities. Working relationships discussed herein do not necessarily represent a reporting connection, but may reflect a functional guidance, stewardship, or service relationship.
Exxon Mobil Corporation has numerous affiliates, many with names that include ExxonMobil, Exxon, Esso and Mobil. For convenience and simplicity, those terms and terms like corporation, company, our, we and its are sometimes used as abbreviated references to specific affiliates or affiliate groups. Abbreviated references describing global or regional operational organizations and global or regional business lines are also sometimes used for convenience and simplicity. Similarly, ExxonMobil has business relationships with thousands of customers, suppliers, governments, and others. For convenience and simplicity, words like venture, joint venture, partnership, co-venturer, and partner are used to indicate business relationships involving common activities and interests, and those words may not indicate precise legal relationships.
Produces oil, gas, fuels and chemical materials
ExxonMobil produces oil and natural gas and manufactures fuels, lubricants, and chemicals for transport operators, industrial customers, and consumers around the world. Its businesses span resource exploration and production, refineries that turn crude oil into fuels, and plants that make plastics and other chemical materials. The company sells products through wholesale supply agreements and the Exxon, Esso, and Mobil brands, including motor oils for vehicles and machinery. It also sells services that capture, transport, and store industrial carbon dioxide underground. The merged company formed in 1999 from Exxon and Mobil, with roots in earlier oil businesses, and is headquartered in Spring, Texas.
Explore more opportunities at ExxonMobil