ENERGY TRADER
www.careersinoilandgas.com
ENERGY TRADER #NorthAmericanEnergyTraders #InternationalEnergyTraders You help a company convert oil and gas production into profit. You bring the company’s products to a fast-paced market. You sell. You negotiate. You buy. You trade. Do you like a fast-paced life-style? Can you think on your feet? Can you make split-second decisions? If You may want to invest in a career as an Energy Trader.
What does this career look like?
HOW DO I GET HERE? This occupation requires an undergraduate degree. Most Traders have a finance, business, economics or mathematics background. Energy Traders typically need five years’ of experience in financial trading, analytics or in supply chain logistics / pipeline schedulers. The ability to quickly assess all information, foresee financial opportunities and be willing to make decisions are critical to success in this role.
From commodities to cash. You buy and sell both physical and /or financial energy products to optimize your company’s financial returns. You often feel like a crystal ball. Because commodity markets can be volatile, you’re required to understand the fundamentals of supply and demand economics, the psychology of the energy markets and also your company’s production and operations. Energy prices can change often, and at times dramatically. You use reports, quality differentials trends and political news to predict where energy prices are headed in order to know whether to buy or sell.
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What would I do? You wake up with the energy markets on your mind. You read news, watch weather reports and review data to understand where the energy and financial markets are headed. You use this data to make decisions about what, when and how much of a product – whether its natural gas, oil or products such as diesel, propane or butane – should be bought, sold or stored for future opportunities. You’re always look for opportunities to get the best price to make a profit for your company. Your daily activities may include: Formulating and/or validating daily forward curves for applicable markets and load the curves into a system of record. Calculating daily profit/loss statements for the portfolio. Evaluating and monitoring all trading activity and communications. Analyzing current supply and demand, logistics and quality differentials factors and applying the information to manage storage volumes to take advantage of market price differentiation opportunities. Developing hedging strategies and executing a strategy for production where appropriate.
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HEALTH & SAFETY TRAINING Specific health and safety certifications will be determined by job requirements.
www.careersinoilandgas.com
What competencies do I need?
You have excellent math skills, and an analytical mind. You can solve complex problems quickly and in stressful environments. Other skills and knowledge required for this job include:
1
2
3
4
5
6
ENTRY LEVEL Economics and accounting Mathematics Sales and marketing Critical thinking Judgment and decision making
0-5YRS
7
8
9
PATHWAYS
10
IS THIS YOU?
SENIOR LEVEL Active listening Negotiation Administration and management Risk taker Transportation
5-10YRS+
You could move into roles such as: • Scheduler/Transportation Rep • Pricing Analyst • Business Analyst • Treasurer • Corporate Finance/Scheduler • Business Development You could transfer your skills to: • Utilities, including renewable energy • Finance
4 Lorem ipsum dolor What can I expect?
4 Lorem ipsum dolor 4 Lorem ipsum dolor 4 Lorem ipsum dolor 4 Lorem ipsum 4 Lorem dolor You often work independently and spend a dolor large amount of timeipsum on your telephone 4 Lorem ipsum dolor 4 Lorem ipsum dolor career. You gathering information or making trades. This is a fast-paced and demanding
have the stamina to work long hours across different time zones. Typically employed in the exploration and production, oil sands and pipeline sectors of the oil and gas industry, you will often work in an office environment and can spend long hours at your desk.
Like · Share · Careers in Oil + Gas
How can I learn more? To find out more about this role or other careers in the oil and gas industry, visit the Careers in Oil + Gas online tool at careersinoilandgas.com.
@careersinoandg #EnergyTraders buy and sell physical or financial energy products to optimize financial returns.
Like · Share ·
Funded in part by the Government of Alberta and Government of Canada’s Sectoral Initiatives Program.
ENERGY TRADER #NorthAmericanEnergyTraders #InternationalEnergyTraders You help a company convert oil and gas production into profit. You bring the company’s products to a fast-paced market. You sell. You negotiate. You buy. You trade. Do you like a fast-paced life-style? Can you think on your feet? Can you make split-second decisions? If You may want to invest in a career as an Energy Trader.
What does this career look like?
HOW DO I GET HERE? This occupation requires an undergraduate degree. Most Traders have a finance, business, economics or mathematics background. Energy Traders typically need five years’ of experience in financial trading, analytics or in supply chain logistics / pipeline schedulers. The ability to quickly assess all information, foresee financial opportunities and be willing to make decisions are critical to success in this role.
From commodities to cash. You buy and sell both physical and /or financial energy products to optimize your company’s financial returns. You often feel like a crystal ball. Because commodity markets can be volatile, you’re required to understand the fundamentals of supply and demand economics, the psychology of the energy markets and also your company’s production and operations. Energy prices can change often, and at times dramatically. You use reports, quality differentials trends and political news to predict where energy prices are headed in order to know whether to buy or sell.
Like · Share ·
What would I do? You wake up with the energy markets on your mind. You read news, watch weather reports and review data to understand where the energy and financial markets are headed. You use this data to make decisions about what, when and how much of a product – whether its natural gas, oil or products such as diesel, propane or butane – should be bought, sold or stored for future opportunities. You’re always look for opportunities to get the best price to make a profit for your company. Your daily activities may include: Formulating and/or validating daily forward curves for applicable markets and load the curves into a system of record. Calculating daily profit/loss statements for the portfolio. Evaluating and monitoring all trading activity and communications. Analyzing current supply and demand, logistics and quality differentials factors and applying the information to manage storage volumes to take advantage of market price differentiation opportunities. Developing hedging strategies and executing a strategy for production where appropriate.
Like · Share ·
HEALTH & SAFETY TRAINING Specific health and safety certifications will be determined by job requirements.
www.careersinoilandgas.com
What competencies do I need?
You have excellent math skills, and an analytical mind. You can solve complex problems quickly and in stressful environments. Other skills and knowledge required for this job include:
1
2
3
4
5
6
ENTRY LEVEL Economics and accounting Mathematics Sales and marketing Critical thinking Judgment and decision making
0-5YRS
7
8
9
PATHWAYS
10
IS THIS YOU?
SENIOR LEVEL Active listening Negotiation Administration and management Risk taker Transportation
5-10YRS+
You could move into roles such as: • Scheduler/Transportation Rep • Pricing Analyst • Business Analyst • Treasurer • Corporate Finance/Scheduler • Business Development You could transfer your skills to: • Utilities, including renewable energy • Finance
4 Lorem ipsum dolor What can I expect?
4 Lorem ipsum dolor 4 Lorem ipsum dolor 4 Lorem ipsum dolor 4 Lorem ipsum 4 Lorem dolor You often work independently and spend a dolor large amount of timeipsum on your telephone 4 Lorem ipsum dolor 4 Lorem ipsum dolor career. You gathering information or making trades. This is a fast-paced and demanding
have the stamina to work long hours across different time zones. Typically employed in the exploration and production, oil sands and pipeline sectors of the oil and gas industry, you will often work in an office environment and can spend long hours at your desk.
Like · Share · Careers in Oil + Gas
How can I learn more? To find out more about this role or other careers in the oil and gas industry, visit the Careers in Oil + Gas online tool at careersinoilandgas.com.
@careersinoandg #EnergyTraders buy and sell physical or financial energy products to optimize financial returns.
Like · Share ·
Funded in part by the Government of Alberta and Government of Canada’s Sectoral Initiatives Program.
