NGL Trader

Energy Transfer LP; Houston (TX); On-site; USD 120,000 - 180,000; Full time

Job summary

Energy Transfer LP is seeking a trading-focused professional to manage NGL ET GC's natural gas liquids portfolio and develop strategies around physical assets. You will work within a team to negotiate spot and long-term NGL agreements, analyze market factors, and participate in trading and risk management processes to drive profitability.

The role requires a degree in relevant fields and 2–5 years of experience, with strong Excel and financial analysis skills to support commercial opportunities

Qualifications

• Requires degree in engineering, business, economics or other related field.
• 2 - 5 years related experience.
• Knowledge of industry infrastructure, market factors affecting supply/demand, production and derivative processing economics, trading and derivatives, price risk management, product distribution and storage, companies and individuals in purchasing roles, and generally accepted practices for conducting business in the industry.

Responsibilities

• Purchase and sell natural gas liquids effectively around ET GC's pipeline, fractionation and storage assets.
• Develop and maintain effective commercial relationships.
• Negotiate NGL purchase and sales agreements.
• Utilize market analysis to develop a clear and consistent point of view on expected future movements of prices and margins impacting ET GC and Energy Transfer profitability.
• Actively participate in trading and risk management process for Energy Transfer.
• Monitor global NGL/olefin markets trends to identify strategic opportunities and concerns.
• Perform the primary thinking encompassed by this job description.
• Comply with all company policies and procedures.
• Fully supports company goals of continuous improvement and operational excellence at strategic and tactical levels including reviewing area of responsibility for improvement opportunities to initiate projects or communicate ideas to management as well as active participation on project teams.
• Any additional responsibilities or tasks as assigned.

Skills

Price risk management

Trading and derivatives

Discounted cash flow analyses

Statistical analysis

Education

Degree in engineering, business, economics or related field

Tools

Excel

Job description

Energy Transfer, recognized by Forbes as one of America's best large employers, is dedicated to responsibly and safely delivering America's energy. We are driven to inspire our employees to create superior value for our customers, our investors, a sustainable future and giving back to the community where we have long-standing commitments to causes including MD Anderson Children's Cancer Hospital, The Salvation Army, The American Red Cross, Ronald McDonald House and many more.

We value all of our employees who make our growth and success possible. We are proud to offer industry leading compensation, comprehensive benefits, 401(k) match with additional profit sharing, PTO and abundant career opportunities.

Come join our award winning over 12,000 strong organization, as we fuel the world and each other!

Summary

• Manage NGL ET GC's natural gas liquids portfolio including but not limited to:
• Working closely in a team environment to develop and execute position, price risk management and trading strategies that create value added revenue around physical assets.
• Negotiateand maintain spot and long term third-party NGL purchase and sales agreements.
• Work closely with NGL scheduling and analytical resources to effectively manage the ongoing utilization of pipeline and fractionation space obligations and opportunities, and to understand the physical flow capabilities and limitations within pipeline and storage systems.
• Develop and maintain industry contacts.
• With others in the department, proposes new accretive business and asset opportunities.

Essential Duties and Responsibilities

• Purchase and sell natural gas liquids effectively around ET GC's pipeline, fractionation and storage assets.
• Develop and maintain effective commercial relationships.
• Negotiate NGL purchase and sales agreements.
• Utilize market analysis to develop a clear and consistent point of view on expected future movements of prices and margins impacting ET GC and Energy Transfer profitability.
• Actively participate in trading and risk management process for Energy Transfer.
• Monitor global NGL/olefin markets trends to identify strategic opportunities and concerns.
• Perform the primary thinking encompassed by this job description.
• Comply with all company policies and procedures.
• Fully supports company goals of continuous improvement and operational excellence at strategic and tactical levels including reviewing area of responsibility for improvement opportunities to initiate projects or communicate ideas to management as well as active participation on project teams.
• Any additional responsibilities or tasks as assigned.

Qualifications

• Requires degree in engineering, business, economics or other related field.
• 2 - 5 years related experience.
• Knowledge of industry infrastructure, market factors affecting supply/demand, production and derivative processing economics, trading and derivatives, price risk management, product distribution and storage, companies and individuals in purchasing roles, and generally accepted practices for conducting business in the industry.
• Demonstrated ability to lead or participate in the development of commercial strategies that create and capture value both short and long term.
• Skills in the administration of business processes necessary to identify, analyze, and prioritize commercial opportunities, including but not limited to commercial models using Excel, discounted cash flow analyses, and statistical analysis.