The Trader I/II/Sr is responsible for managing and optimizing a natural gas trading portfolio with a focus on Gulf markets, leveraging detailed market analysis, risk management, and execution of physical and financial transactions. The position requires deep knowledge of Gulf supply/demand dynamics, pipeline and LNG flows, and pricing hubs, along with strong quantitative and analytical skills to make disciplined decisions in fast-moving market conditions. The trader partners closely with risk, operations, and commercial teams to drive profitability while adhering to firm risk limits and compliance standards.
The Trader I/II/Sr responsibilities include but are not limited to:
- Initiate, develop and execute strategies to capture profitable term natural gas trading opportunities within the Gulf region.
- Monitor and evaluate relevant market conditions, pivoting in/out of trades as necessitated by market conditions.
- Evaluate existing trading processes and collaborate with trading personnel to improve efficiency, transparency and value-added measures.
- Evaluate, execute, and manage short and long-term storage positions across the Gulf, optimizing around seasonal spreads, LNG feedgas demand, and power and industrial load to create incremental value.
- Use experience to develop optimization and trading strategies and direct origination efforts to execute these strategies.
- This role is expected to be able to clearly communicate summaries of relevant market conditions & opportunities upward within the organization.
- Primary responsibility for establishing and executing trading strategies to optimize the value of EQT's contractual pipeline capacity & storage assets.
- Travel up to 20% of the time.
Required Experience and Skills:
- Bachelor's degree in accounting, finance, economics, or related field.
- Minimum of 2 years of experience in natural gas trading, scheduling, and origination.
- Strong analytical and quantitative skills, strong verbal and written communication skills.
- Creative/innovative with strong ability to understand market conditions and then translate into profitable results.
- Knowledge and understanding of regional pipeline/storage infrastructure and respective supply and demand composition and working relationships with commercial participants.
- Ability to construct a regional supply & demand model, knowledge of specific pipeline constraints, flows, costs, storage, contracts, end users and scheduling.
- Experience trading physical, futures, swaps, options, storage, index and spreads.
- Ability to meaningfully contribute to the development of natural gas commercial strategies.
- Working relationship with commercial participants (producers/pipelines/utilities/end users/traders).
- Understanding of the calculation of intrinsic & extrinsic values of transportation capacity and storage opportunities.
Preferred Experience and Skills:
- 5+ years of experience in natural gas trading, scheduling, and origination.
- Masters degree in business, finance, engineering, or related field.
Work Location:
- This position will work out of our Houston, TX office 4 days per week.