NGL Trader

ConocoPhillips; Houston (TX); On-site; USD 180,000 - 260,000; Full time

Benefits offered by this job

Medical, dental, vision

Annual performance bonuses

Retirement savings plans

Paid time off

Parental leave

Career development tools

Inclusive culture and ERGs

Job summary

ConocoPhillips in Houston, TX seeks a highly skilled NGL Trader to join its Commercial organization and grow the company's NGL trading business. You will identify opportunities across physical and financial markets and manage risk within approved limits.

The role requires deep market knowledge, strong analytical abilities, and collaboration with analytics, risk, and operations teams to drive value and support the broader commercial platform.

Qualifications

• 5+ years of experience in NGL marketing, trading, commercial optimization, or related commodity trading activities.
• Strong understanding of commodity market fundamentals and risk management principles.
• Ability to work extended hours during peak periods.

Responsibilities

• Develop and execute NGL trading and marketing strategies across domestic and international markets.
• Identify and capture value opportunities related to propane, butane, natural gasoline, condensate, naphtha, and related products.
• Manage physical and financial positions within approved risk parameters and delegated authorities.
• Monitor market fundamentals, supply-demand balances, transportation dynamics, inventory trends, and pricing relationships.
• Execute transactions that maximize risk-adjusted returns while supporting broader commercial objectives.
• Build and maintain strategic relationships with producers, customers, marketers, refiners, and logistics providers.

Skills

NGL trading

Commercial analysis

Market knowledge

Education

Bachelor’s degree or higher in Business, Finance, Economics, Engineering, Mathematics, Science, or related discipline

Tools

Microsoft Office

Trading systems

Job description

Welcome to ConocoPhillips, where innovation and excellence create a platform for opportunity and growth. Come realize your full potential here.

Who We Are

We are one of the world’s largest independent exploration and production companies, based on proved reserves and production of liquids and natural gas. With operations and activities in 13 countries, we explore for, develop, and produce crude oil and natural gas globally. We are challenged with an important job to safely find and deliver energy to the world. Our employees are critical to our success, and with them we power civilization.

We’re grounded by our SPIRIT Values – safety, people, integrity, responsibility, innovation, and teamwork. These values position us to deliver strong performance in a dynamic business – but not at all costs. We believe it’s not just what we do – it’s how we do it – that sets us apart.

Fostering an Inclusive Work Environment

To deliver superior performance, we create an environment that respects the contributions and differences of every individual. Wherever possible, we use these differences to drive competitive business advantage, personal growth and, ultimately, create business success.

Job Summary

ConocoPhillips is seeking a highly motivated NGL Trader to join its Commercial organization. This position will support the development and growth of the company’s NGL trading and marketing business by identifying, evaluating, and executing commercial opportunities across physical and financial NGL markets.

The NGL Trader will be responsible for developing and managing relationships with producers, refiners, petrochemical companies, marketers, midstream providers, and other market participants while executing disciplined trading strategies that generate risk-adjusted value. The role requires strong market knowledge, commercial judgment, analytical capability, and adherence to established risk management practices.

The successful candidate will work closely with Commercial Analytics, Risk, Compliance, Scheduling, Operations, Finance, and Leadership teams to support the continued growth of the NGL business and help shape the future commercial platform.

Position Overview

Your Responsibilities May Include:

Trading & Commercial Execution

• Develop and execute NGL trading and marketing strategies across domestic and international markets.
• Identify and capture value opportunities related to propane, butane, natural gasoline, condensate, naphtha, and related products.
• Manage physical and financial positions within approved risk parameters and delegated authorities.
• Monitor market fundamentals, supply-demand balances, transportation dynamics, inventory trends, and pricing relationships.
• Execute transactions that maximize risk-adjusted returns while supporting broader commercial objectives.

Market Development

• Build and maintain strategic relationships with producers, customers, marketers, refiners, petrochemical companies, and logistics providers.
• Identify new business opportunities and support franchise growth initiatives.
• Evaluate emerging market opportunities and commercial structures that enhance portfolio value.
• Contribute to the expansion of ConocoPhillips’ NGL commercial presence.

Asset & Portfolio Optimization

• Optimize transportation, storage, terminaling, and logistics assets to maximize commercial value.
• Work closely with operations and scheduling teams to ensure efficient product movements and execution.
• Identify opportunities to improve portfolio flexibility and optionality.

Risk Management & Governance

• Ensure compliance with all risk limits, delegated authorities, commercial policies, and regulatory requirements.
• Partner with Risk, Compliance, Legal, and Finance to maintain effective governance.
• Maintain accurate trade capture, confirmations, and reporting.
• Support audit and compliance requirements as needed.

Collaboration & Leadership

• Partner with Commercial Analytics to develop market insights and trading strategies.
• Contribute to the development of commercial processes, systems, and trading capabilities.
• Share market intelligence and best practices with the broader commercial organization.
• Support mentoring and development of analysts and junior commercial staff as appropriate.

Basic/Required

• Legally authorized to work in the United States on a full-time basis.
• Bachelor’s degree or higher in Business, Finance, Economics, Engineering, Mathematics, Science, or related discipline.
• 5+ years of experience in NGL marketing, trading, commercial optimization, or related commodity trading activities.
• Demonstrated experience evaluating and executing commercial transactions.
• Strong understanding of commodity market fundamentals and risk management principles.
• Ability and willingness to support critical business periods, including occasional after-hours, weekend, or holiday requirements.
• Proficiency with Microsoft Office applications and trading-related systems.

Preferred

• Experience trading NGL products including ethane, propane, butane, natural gasoline, condensate, naphtha, or related refined products.
• Strong understanding of North American NGL supply, demand, infrastructure, storage, transportation, and export markets.
• Experience managing physical and financial commodity exposure.
• Knowledge of pipelines, terminals, fractionation assets, and logistics optimization.
• Strong commercial negotiation and relationship management skills.
• Demonstrated ability to identify and execute profitable trading opportunities.
• Strong quantitative, analytical, and problem-solving capabilities.
• Proven track record of operating within established risk and governance frameworks.
• Ability to influence stakeholders and collaborate effectively across functions.

Success Profile

The successful candidate:

• Applies commercial judgment to identify and capture value opportunities.
• Makes sound decisions in dynamic market environments.
• Builds trust-based relationships internally and externally.
• Operates with integrity and strong risk discipline.
• Delivers results through collaboration and accountability.
• Demonstrates curiosity, market awareness, and continuous learning.
• Contributes positively to team culture and organizational success.

Apply By:

Nov 5, 2026

Sponsorship:

ConocoPhillips’ sponsorship for employment authorization in the U.S. is NOT available for this position.

Benefits Overview

ConocoPhillips offers a competitive and comprehensive benefits package designed to support your well-being and career growth:

• Taking Care of Your Health & Wellness : Medical, dental, vision, mental health support, and wellness programs.
• Supporting and Building Financial Security : Competitive base pay, annual performance bonuses, and retirement savings plans.
• Promoting Work-Life Balance : Paid time off, paid parental leave, and family support resources.
• Offering Career Development : Access to training, mentoring, and internal career mobility tools.
• Guiding Recognition & Inclusion : Peer-nominated awards, inclusive culture, and employee resource groups.

Why ConocoPhillips

At ConocoPhillips, we believe our people power the future of energy. We’re committed to creating a workplace where employees feel valued, supported, and inspired to grow—professionally and personally.

We don’t just offer jobs—we offer meaningful careers in a company that values how we work as much as what we achieve.

EEO:

In the US, ConocoPhillips is an Equal Opportunity Employer. All qualified applicants will receive consideration for employment without regard to race, color, religion, sex, sexual orientation, national origin, age, disability, veteran status, gender identity or expression, genetic information, or any other legally protected status.