B

BP

Global energy company transitioning to renewables

Retail Supply Trader

Full-TimeUpdated Deadline 11/12/26
No salary listed
Mid
Bachelor's
Houston, TX, USA
HybridHybrid office/remote working; negligible travel expected.
Finance & BankingSales & Trading

About the job

Requirements
  • A bachelor's degree in a quantitative field such as mathematics, statistics, information technology, quantitative finance, or engineering is required.
  • Mid-level experience related to retail analytics, trading, demand response, portfolio optimization, or asset optimization is required.
  • Strong working knowledge of ISO markets, the electric power grid, and the marketplace, specifically in the ERCOT, NYISO, NEPOOL, MISO, and PJM regions, is required.
  • High proficiency in Excel and working knowledge of VBA and SQL are required.
  • Analytical skills for pricing, risk assessment, and transaction structuring are required.
  • Ability to work across multidisciplinary functions and departments is required.
  • Proficiency in collecting, querying, organizing, and analyzing complex data, evaluating information, and drawing logical conclusions is required.
Responsibilities
  • Support the Portfolio Optimization team by maintaining and providing transactable prices for approved tradable products and market information to retail pricing functions, salespersons, and customers.
  • Provide market access, price discovery, and transaction execution in approved products for BP clients.
  • Work with the Marketing team to guide its efforts toward opportunities aligned with trading ideas.
  • Help maintain customer relationships when called upon, using market fundamental knowledge and the ability to communicate that knowledge to broader audiences.
  • Manage all hedging and optimization activity around BP’s portfolio of retail customers.
  • Price, manage, and book deals involving non-standard products, including shaped schedules, odd-lot deals, off-hub locations, and options.
  • Assist in developing the Portfolio Management strategy.
  • Identify structured opportunities and participate in closing those transactions when necessary.
  • Manage risk associated with a non-standard portfolio while adhering to allocated risk limits.
  • Manage forecasted load deviations and exposures in prompt and cash months.
  • Work with the Legal Team to draft customer-specific contract language as needed.
  • Build and maintain databases as necessary.
  • Understand and align with internal policies and those of the CFTC, SEC, FERC, and other regulatory bodies or exchanges.
Desired Qualifications
  • Working knowledge of Python is preferred.

About the company

BP operates as a global energy company that supplies oil, gas, and electricity while also investing in renewable energy projects such as solar and offshore wind. It manages exploration, production, and distribution of energy resources and aims to help the world move toward a net-zero future by growing its renewable energy capacity and reducing carbon emissions. Unlike firms that focus only on fossil fuels or renewables, BP combines traditional energy with a broad, ongoing shift toward sustainable solutions, funded by strategic investments in climate-friendly projects. Its goal is to provide reliable energy to governments, businesses, and consumers while delivering value to shareholders and supporting societal sustainability goals.

Company Size

10,001+

Company Stage

IPO

Headquarters

London, United Kingdom

Founded

1909

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Simplify's Take

What believers are saying

  • BP reported $5.7 billion Q2 2026 profit and $10.9 billion operating cash flow.
  • BP cut net debt by $3.1 billion in Q2 2026 and raised dividend 4%.
  • August 2026 asset sales and Archaea exit fund debt reduction through 2027.

What critics are saying

  • BP cut 700 roles on July 30, 2026, signaling execution strain and internal disruption.
  • BP sold French EV charging assets October 1, 2026, shrinking its energy-transition optionality.
  • Michigan's climate antitrust suit dismissal on September 23, 2026 leaves broader litigation exposure unresolved.

What makes BP unique

  • BP's Upstream-Downstream integration with trading creates cycle-resilient cash flow, per August 2026.
  • BP's 61-country footprint and refining network support supply security and market access.
  • BP's portfolio pruning under August 2026 results concentrates capital on assets with higher returns.

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Benefits

  • Health Insurance
  • Dental Insurance
  • Vision Insurance
  • Life Insurance
  • Short-Term Disability
  • Long-Term Disability
  • Paid Vacation
  • Paid Holidays
  • Parental Leave
  • 401(k) Retirement Plan
  • Flexible Work Hours
  • Hybrid Work Options

Growth & Insights and Company News

6 month growth

2%

1 year growth

3%

2 year growth

3%
Yahoo Finance
Oct 18th, 2026
BP guides Q3 2026 upstream output to 2,190-2,240 mboe/d, with a 4% upside to fair value

BP has updated its third quarter 2026 production guidance, now expecting reported upstream output of 2,190 to 2,240 thousand barrels of oil equivalent a day (mboe/d). The range splits into oil production and operations of 1,415 to 1,445 mboe/d, and gas and low carbon energy of 775 to 795 mboe/d. The breakdown gives investors a clearer view of the company's near-term operating mix. Analysts expect BP to report revenue of $197.0 billion and earnings of $10.1 billion by 2029, up from $5.4 billion in earnings today. The consensus assumes revenue falls 2.9% a year. Separately, BP's Jio bp venture has tied up with Kia India on EV charging, covering more than 23,500 accessible points.

Bloomberg
Sep 29th, 2026
BP hires PJT Partners' Ben Monaghan as head of M&A

BP has hired Ben Monaghan from PJT Partners as its new head of mergers and acquisitions. Monaghan will take up the position in early 2027 as the energy company works to streamline its portfolio under chief executive officer Meg O'Neill. BP said Monaghan brings extensive experience in corporate finance, strategic advisory, and transaction work across the energy sector. The appointment comes as BP seeks to reverse years of underperformance. PJT Partners declined to comment on the move.

NatH2investing
Sep 22nd, 2026
Snowfox Raises $30M Series A Led by bp Ventures and Rio Tinto to Advance Natural Hydrogen Exploration - NatH2investing

Snowfox Discovery has closed an oversubscribed $30 million Series A funding round, marking one of the largest financings to date in the natural hydrogen sector. The round was led by bp Ventures with strong participation from Rio Tinto Ventures and Oxford Science Enterprises, alongside new backers AP Ventures, The Bamford Family, and Oxford Capital.

Yahoo Finance
Sep 6th, 2026
Oil majors use lockouts to secure union concessions at US refineries

US oil majors are increasingly using aggressive tactics in labour negotiations, deploying lockouts to extract concessions from workers' unions. The trend began with Exxon's 10-month lockout of 650 workers at its Beaumont refinery in 2021, the longest US refinery labour dispute in 40 years. BP and Marathon are currently locking out workers at their Whiting, Indiana, and Martinez, California, refineries whilst continuing operations with contractors and replacement staff. This strategy undermines unions' traditional bargaining power based on skilled labour being essential. At Whiting, BP proposes a 13% pay rise over four years — below national oil bargaining standards for the first two years — and seeks to transfer work to third-party contractors. The company also wants waivers on bargaining rights regarding AI tools and time clocks. Union representatives say BP is following Exxon's playbook, having hired the same lead negotiator who oversaw the Beaumont lockout.

CNBC
Sep 3rd, 2026
EnQuest CEO confirms interest in BP's North Sea assets after oil major launches sale process

EnQuest CEO Amjad Bseisu confirmed to CNBC on Thursday that the UK oil and gas producer is interested in acquiring BP's North Sea assets. BP launched a sale process in July for its UK North Sea portfolio, which includes five production hubs employing around 1,100 people. The potential acquisition would mark BP's major retreat from the basin after 60 years of operations. Bseisu noted only a handful of companies remain interested in UK North Sea assets. EnQuest reported adjusted pre-tax profit of $54.6 million in the first half of the year, with revenues reaching $529.9 million. The company previously purchased North Sea interests from BP, including a 25% stake in the Magnus field in 2017.