Full-Time
Cash Trader
Natural Gas
Posted on 9/19/2025
Gunvor
501-1,000 employees
Independent commodities trading and logistics provider
No salary listed
Houston, TX, USA
In Person
 Finance & Banking (1) |
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- 2–5 years of experience in energy markets, preferably in trading, scheduling, or market analysis.
- Strong understanding of U.S. natural gas market fundamentals, transportation logistics, and physical market mechanics.
- Exposure to both cash and forward gas markets is preferred.
- Proficiency with trading tools, Excel (including VBA or Python is a plus), and ETRM systems.
- Highly analytical, detail-oriented, and able to make decisions in fast-moving environments.
- Strong communication and interpersonal skills.
- Assist in the execution and optimization of daily physical natural gas transactions across multiple U.S. regions, with a focus on supporting the cash desk.
- Monitor real-time market conditions, pipeline constraints, nominations, and weather impacts to inform trading decisions.
- Support the scheduling and balancing of physical gas flows to ensure timely and efficient deliveries.
- Collaborate with the forward traders to analyze market structure, basis spreads, and seasonal trends.
- Contribute to the development of market views by synthesizing supply/demand data, storage dynamics, and regional pricing signals.
- Assist with hedging strategies and maintain exposure reports.
- Serve as a backup to the Gulf Coast trader, understanding regional nuances including pipeline capacity, LNG exports, industrial demand, and storage dynamics.
- Provide market coverage during absences or high-volume periods.
- Maintain internal pricing models, market intelligence tools, and trade logs.
- Prepare daily market recaps, trade rationale, and performance summaries.
- Collaborate with risk, scheduling, and fundamental analytics teams to ensure aligned market views.
- Exposure to both cash and forward gas markets is preferred.
- VBA or Python is a plus for Excel proficiency.
Gunvor moves physical energy, metals, and bulk materials from where they are produced to where they are needed most. The company operates by sourcing these commodities and using its own network of refineries, pipelines, and storage terminals to manage the logistics of the global supply chain. Unlike many competitors that focus solely on trading, Gunvor invests heavily in industrial infrastructure and upstream assets to gain direct control over the movement and processing of goods. Its goal is to create sustainable value for customers by providing efficient and safe transport solutions for essential global resources.
Company Size
501-1,000
Company Stage
Debt Financing
Total Funding
$7B
Headquarters
Geneva, Switzerland
Founded
2000
Simplify's Take
What believers are saying
- Gunvor USA's $2.34B borrowing base facility oversubscribed by 21 lenders in 2025.
- LNG credit facility upsized to $1.565B from $1.2B due to strong demand.
- Sace guarantees €400M 5-year term loan, matching Mercuria and Trafigura deals.
What critics are saying
- LNG glut from Plaquemines Phase 2 crashes prices below $5/MMBtu, breaching covenants by Q1 2027.
- Vitol ramps to 1.2 mbpd U.S. crude, cutting Gunvor's Houston volumes 25% in 12 months.
- Spain's 2030 renewables mandate impairs BBE gas plant by €200M via EU ETS by 2029.
What makes Gunvor unique
- Gunvor holds 42% stake in Oklahoma's Flywheel Energy for U.S. natural gas production.
- Gunvor acquired 75% of BP's 785MW Bahia De Bizkaia power plant in Bilbao, Spain.
- Gunvor invests £60M in Artemis Technologies' zero-emission eFoiler hydrofoiling ferries.
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Benefits
Professional Development Budget
Company News
Gunvor Group Ltd announced a management-led buyout, with the management team acquiring full ownership from majority owner Torbjorn Tornqvist. Gary Pedersen, head of Americas since 2024, is appointed as the new CEO. The transaction aims to introduce new governance and structural changes for long-term growth in the U.S., Europe, and Asia. Pedersen will operate between Houston and Geneva during the transition. Additional board and executive changes are anticipated.
Gunvor Group has invested in Artemis Technologies to support nonhydrocarbon maritime solutions. This follows a £33 million ($45 million) UK Government grant to the Artemis-led Belfast Maritime Consortium for zero-emission ferries, bringing total project investment to £60 million ($75 million). The investment will aid the development of the Artemis eFoilerTM, an electric hydrofoiling system, reducing fuel costs by 90% and emissions to zero for vessels carrying up to 350 passengers.
Commodity trading giant Gunvor has grown its uncommitted borrowing base facility in the US to US$2.34bn with support from a syndicate of 21 lenders, including four new participants. Houston-headquartered Gunvor USA says the facility was strongly oversubscribed, which managing director David Garza says “reflects the continued confidence of our banking partners in the US business ...
Gunvor's unit takes pertamina's PGN to arbitration over LNG supply dispute.
The prime minister was told that the Gunvor Group had already signed an agreement to acquire 50% shares of Total Parco.