NGL Trader

Energy Transfer•Houston, TX

About The Position

Manage Energy Transfer’s natural gas liquids portfolio by developing and executing trading and price-risk-management strategies around physical assets. The role purchases and sells NGLs around pipeline, fractionation, and storage assets; negotiates third-party purchase and sales agreements; and works with scheduling and analytical teams to manage infrastructure obligations and opportunities. The trader monitors market conditions, develops commercial relationships, contributes to trading and risk-management processes, and helps identify profitable business and asset opportunities. The role also supports continuous improvement and operational excellence and performs additional assigned duties.

Requirements

Degree in engineering, business, economics, or another related field.
2–5 years of related experience.
Knowledge of industry infrastructure; supply-and-demand market factors; production and derivative-processing economics; trading and derivatives; price-risk management; product distribution and storage; purchasing contacts; and generally accepted industry business practices.
Demonstrated ability to lead or participate in developing commercial strategies that create and capture short- and long-term value.
Ability to administer business processes for identifying, analyzing, and prioritizing commercial opportunities, including commercial modeling in Excel, discounted cash-flow analyses, and statistical analysis.

Responsibilities

Develop and execute position, price-risk-management, and trading strategies to create value around physical assets.
Purchase and sell natural gas liquids around pipeline, fractionation, and storage assets.
Negotiate and maintain spot and long-term third-party NGL purchase and sales agreements.
Work with NGL scheduling and analytical resources to manage pipeline and fractionation space obligations and opportunities and understand pipeline and storage system capabilities and limitations.
Develop and maintain effective commercial relationships and industry contacts.
Use market analysis to form a clear, consistent view of expected price and margin movements affecting company profitability.
Participate in Energy Transfer’s trading and risk-management process.
Monitor global NGL and olefin market trends to identify strategic opportunities and concerns.
Propose new accretive business and asset opportunities with department colleagues.
Support continuous improvement and operational excellence by identifying improvement opportunities, communicating ideas to management, and participating on project teams.
Comply with company policies and procedures and perform additional duties as assigned.