Trader - Natural Gas (Texas Markets)

ONEOK, Inc.; Houston (TX); Hybrid; USD 132,000 - 198,000; Full time

Job summary

ONEOK, Inc. is seeking a senior-level trader to manage natural gas positions and market risk in Texas markets, with emphasis on West Texas (Permian) and North Texas. You will drive commercial value by negotiating contracts and leveraging market fundamentals to grow the portfolio.

The role requires deep regional knowledge, strong negotiation and relationship skills, and the ability to craft strategies that optimize transportation, storage, and market opportunities across the portfolio.

Qualifications

• Bachelor’s Degree in finance, accounting, engineering, business management, or related field (or equivalent experience).
• Direct experience in natural gas trading, marketing, or commercial activities within West Texas (Permian Basin) and/or North Texas markets strongly preferred.
• Strong understanding of natural gas supply, transportation, storage, and sales activities.
• Demonstrated experience negotiating and structuring commercial agreements.
• Experience developing and using economic models and market analysis tools.
• Proven ability to analyze data and apply strong business acumen to decision-making.
• Experience researching and interpreting contracts, agreements, and market information.
• Strong communication and relationship management skills with internal and external stakeholders.

Responsibilities

• Actively manage and optimize natural gas positions and transactions to enhance portfolio performance while maintaining appropriate risk discipline.
• Identify and execute commercial opportunities across West Texas (Permian) and/or North Texas markets based on supply/demand fundamentals and evolving market conditions.
• Maintain a strong understanding of regional pricing dynamics and demonstrate a fundamental grasp of basis relationships and market drivers.
• Structure and negotiate gas supply, purchase, transportation, and related agreements with producers, marketers, and end-users.
• Monitor and interpret key market fundamentals, including production trends, pipeline constraints, storage levels, and weather-driven demand.
• Optimize the use of transportation, storage, and other commercial tools to support portfolio objectives.
• Develop and maintain strong relationships with producers, marketers, pipelines, and customers to identify and capture commercial opportunities.
• Partner cross-functionally with scheduling, operations, engineering, legal, and contract administration to ensure accurate execution and alignment.
• Support development of strategic business initiatives, including new market entry, infrastructure opportunities, and optimization projects.
• Prepare and evaluate economic models and analyses to support commercial decision-making and investment opportunities.
• Evaluate existing contracts and structures to identify opportunities for optimization and risk mitigation.

Skills

Gas trading

Market knowledge

Portfolio management

Negotiation

Relationship management

Education

Bachelor's degree in finance, accounting, engineering, business management, or related field

Job description

#WeAreONEOK – Fortune 500 company. 100+ years in business. Leading midstream service provider. Safety first. Sustainable operations. Environmentally responsible. Employee focused.

Job Summary

Job Profile Summary

Responsible for driving commercial value through active management of natural gas transactions and market positions, with a focus on Texas markets. This role provides strategic insight, market expertise, and leadership to support business growth, optimize portfolio performance, and maintain strong client relationships.

Role Focus

This role is responsible for managing and optimizing a natural gas portfolio within West Texas (Permian) and/or North Texas markets. The position requires deep regional market knowledge, strong commercial instincts, and the ability to identify and execute opportunities based on market fundamentals, transportation dynamics, and customer needs.

Essential Functions and Responsibilities

• Actively manage and optimize natural gas positions and transactions to enhance portfolio performance while maintaining appropriate risk discipline
• Identify and execute commercial opportunities across West Texas (Permian) and/or North Texas markets based on supply/demand fundamentals and evolving market conditions
• Maintain a strong understanding of regional pricing dynamics and demonstrate a fundamental grasp of basis relationships and market drivers
• Structure and negotiate gas supply, purchase, transportation, and related agreements with producers, marketers, and end-users
• Monitor and interpret key market fundamentals, including production trends, pipeline constraints, storage levels, and weather-driven demand
• Optimize the use of transportation, storage, and other commercial tools to support portfolio objectives
• Develop and maintain strong relationships with producers, marketers, pipelines, and customers to identify and capture commercial opportunities
• Partner cross-functionally with scheduling, operations, engineering, legal, and contract administration to ensure accurate execution and alignment
• Support development of strategic business initiatives, including new market entry, infrastructure opportunities, and optimization projects
• Prepare and evaluate economic models and analyses to support commercial decision-making and investment opportunities
• Evaluate existing contracts and structures to identify opportunities for optimization and risk mitigation

Education

• Bachelor’s Degree in finance, accounting, engineering, business management, or related field (or equivalent experience)

Work Experience

Direct experience in natural gas trading, marketing, or commercial activities within West Texas (Permian Basin) and/or North Texas markets strongly preferred

Strong understanding of natural gas supply, transportation, storage, and sales activities

Demonstrated experience negotiating and structuring commercial agreements

Experience developing and using economic models and market analysis tools

Proven ability to analyze data and apply strong business acumen to decision-making

Experience researching and interpreting contracts, agreements, and market information

Strong communication and relationship management skills with internal and external stakeholders

Knowledge, Skills and Abilities

Ability to: apply math, algebraic formulas, statistics, and economic models

Ability to: communicate and/or exchange information or instruction

Knowledge of: strategic dynamics across multiple business categories

Knowledge of: energy industry, market trends, and competitors

Licenses and Certifications

• None required

Strength Factor Rating - Physical Demands/Requirements

• Sedentary Work - Exerting up to 10 pounds of force occasionally (Occasionally: activity or condition exists up to 1/3 of the time) and/or a negligible amount of force frequently (Frequently: activity or condition exists from 1/3 to 2/3 of the time) to lift, carry, push, pull, or otherwise move objects, including the human body. Sedentary work involves sitting most of the time, but may involve walking or standing for brief periods of time. Jobs are sedentary if walking and standing are required only occasionally and all other sedentary criteria are met.

Strength Factor Description - Physical Demands/Requirements

Standing: Remaining on one's feet in an upright position at a work station without moving about (Occasionally)

Walking: Moving about on foot (Frequently)

Sitting: Remaining in a seated position (Constantly)

Lifting: Raising or lowering an object from one level to another (includes upward pulling) (Occasionally)

Carrying: Transporting an object, usually holding it in the hands or arms, or on the shoulder (Occasionally)

Pushing: Exerting force upon an object so that the object moves away from the force (Occasionally)

Pulling: Exerting force upon an object so that the object moves toward the force (includes jerking) (Occasionally)

Climbing: Ladders, Stairs (Occasionally)

Balancing: Maintaining body equilibrium to prevent falling (Occasionally)

Stooping: Bending the body downward and forward by bending the spine at the waist (Occasionally)

Kneeling: Bending the legs at the knees to come to rest on the knee or knees (Occasionally)

Crouching: Bending the body downward and forward by bending the legs and spine (Occasionally)

Crawling: Moving about on the hands and arms in any direction (Occasionally)

Reaching: Extending hands and arms in any direction (Constantly)

Handling: Seizing, holding, grasping, turning or otherwise working with the hand or hands (Manual Dexterity) (Constantly)

Fingering: Picking, pinching or otherwise working with the fingers primarily (Finger Dexterity) (Constantly)

Feeling: Perceiving such attributes of objects/materials as size, shape, temperature, texture, movement or pulsation by receptors in the skin, particularly those of the finger tips (Constantly)

Talking: Expressing or exchanging ideas/information by means of the spoken word (Frequently)

Hearing: Perceiving the nature of sound by the ear (Frequently)

Tasting/Smelling: (Occasionally)

Near Vision: Clarity of vision at 20 inches or less (Constantly)

Far Vision: Clarity of vision at 20 feet for more (Frequently)

Depth Perception: Three-dimensional vision; ability to judge distances and spatial relationships so as to see objects where and as they actually are (Frequently)

Vision: Color - The ability to identify and distinguish colors (Constantly)

Working Conditions/Environment

• Employee is subject to inside environmental conditions

Working Conditions

Well lighted, climate controlled areas (Constantly)

Frequent repetitive motion (Constantly)

CRT (Computer Monitor(s)) (Constantly)

Travel

• Travel to office facilities and other company locations required

Driving

• Based on assigned tasks, employee may be assigned a company vehicle requiring the applicable driver's license

ONEOK is an equal opportunity employer committed to diversity and inclusion. All qualified applicants will receive consideration for employment without regard to race, color, sex, pregnancy, sexual orientation, age, religion, creed, national origin, gender identity, disability, military/veteran status, genetic information or any other categories protected by applicable law.

The job description is not intended to be a complete list of all responsibilities, duties or skills required for the job and is subject to review and change at any time, with or without notice, in accordance with the needs of ONEOK.

ONEOK is committed to making our workplace accessible to individuals with disabilities and will provide reasonable accommodations, upon request, for individuals to participate in the application and hiring process. To request an accommodation email [e-mail] or call 1-855-663-6547.

Expected Salary Range

$132,000.00 - $198,000.00

At ONEOK (NYSE: OKE), we deliver energy products and services vital to an advancing world. We are a leading midstream operator that provides gathering, processing, fractionation, transportation, storage and marine export services. Through our approximately 60,000-mile pipeline network, we transport the natural gas, natural gas liquids (NGLs), refined products and crude oil that help meet domestic and international energy demand, contribute to energy security and provide safe, reliable and responsible energy solutions needed today and into the future. As one of the largest integrated energy infrastructure companies in North America, ONEOK is delivering energy that makes a difference in the lives of people in the U.S. and around the world.