E

ExxonMobil

Produces oil, gas, fuels and chemical materials

Natural Gas Trader

Sales & TradingPosted on Nov 13
Full-timeSpring, TX, USANo salary listedIn-person

About the Job

Requirements

  • A bachelor's degree in finance, economics, engineering, business, or a related field is required.
  • At least 5 years of experience in natural gas trading, including at least 3 years of portfolio responsibility in Texas markets such as Waha/Permian, HSC, or Katy, is required.
  • Working knowledge of Texas intrastate and interstate pipelines, pooling, and nomination cycles is required.
  • Experience trading both physical gas and financial instruments is a plus.
  • The role requires sound commercial judgment under time pressure and the ability to communicate a position and its risk clearly.
  • The role requires working knowledge of physical gas trading and marketing, including daily cash, bidweek, and term transactions and selling equity production.
  • The role requires transportation optimization knowledge, including firm and interruptible capacity, fuel and rates, and capacity valuation.
  • The role requires storage optimization knowledge, including injection and withdrawal strategy and capturing seasonal and daily spreads.
  • The role requires knowledge of financial hedging and derivatives, including NYMEX futures, basis swaps, and index swaps.
  • The role requires position and risk management knowledge, including exposure management within limits, value at risk (VaR), and delegated authority.
  • The role requires market fundamentals and analysis knowledge, including supply and demand balances, egress, LNG feedgas, Mexico exports, power burn, and weather.
  • The role requires scheduling and pipeline operations knowledge, including North American Energy Standards Board (NAESB) nomination cycles, pooling, imbalances, and operational events.
  • The role requires contracts and counterparty management knowledge, including NAESB agreements and credit coordination.
  • The role requires deal evaluation and structuring knowledge for supply agreements, capacity opportunities, and term transactions.
  • The role requires knowledge of profit and loss (P&L), settlements, and controls, including daily P&L, month-end settlements, and trade capture accuracy.
  • The role requires familiarity with trading systems and data tools, including ETRM, ICE, and Excel.
  • The role requires regulatory compliance knowledge, including Commodity Futures Trading Commission (CFTC), Federal Energy Regulatory Commission (FERC), Texas intrastate requirements, and market conduct rules.
  • The role requires awareness of the ERCOT power market.

Responsibilities

  • Sell the firm's Permian gas production and manage daily optimization of the position.
  • 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, capturing locational and time spreads.
  • Use Texas storage positions to capture seasonal and daily value and absorb operational swings.
  • Develop and execute trading and hedging strategies across daily, monthly, and term horizons, taking positions in physical and financial gas markets within approved risk limits and policies.
  • Respond to pipeline maintenance, Waha price dislocations, plant and compression outages, and weather events.
  • Coordinate with the power trading team on ERCOT exposures affecting field operations and production.
  • Develop and communicate fundamentals-based market views on Permian supply, new egress capacity, LNG feedgas, Mexico exports, and power burn, in partnership with Global Trading Analytics.
  • Evaluate and help structure supply agreements, transport and storage capacity opportunities, and other term transactions to support origination and midstream business development.
  • Participate in desk coverage, including a weekend and holiday rotation.
  • Develop relationships with producers, midstream operators, utilities, LNG exporters, industrials, and marketers.

Desired Qualifications

  • Experience marketing equity production for a producer or integrated company.
  • Direct exposure to Permian-to-Gulf Coast basis and Waha volatility.
  • Storage optimization experience.
  • Exposure to LNG feedgas, Mexico exports, or ERCOT power.
  • Analytical skills in Python or SQL.
  • Experience mentoring.

About the Company

ExxonMobil

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.

Company size
10,001+
Company stage
IPO
Headquarters
Spring, TX
Founded
1999

Recently Posted Jobs

Explore more opportunities at ExxonMobil

See more jobs