High school student interested in natural gas trading
So I know there's another high schooler interested in commodities trading post but I have a bit more specific question than him/her. I'm currently a HS senior living in the Houston area giving me opportunities to get into the industry. What excites me about NG is that there's still big arb situations that come up (such as Henry Hub and TTF) even with all the algo traders. I also really love talking with people and wouldn't mind the relationship-based nature. Would love to get responses from Houston-based natural gas traders if they had any near-term advice for someone who is interested in natural gas trading/scheduling and is close to , or at least in the vicinity of, a major natural gas hub.
Just get into UT.
A&M TRIP program is the easiest path to get into that
Trading natural gas by Sturm is the basis bible
ld3 settle is god /s
Honestly just get into a good school and network with a trader here and there during school. Sophomore year do a bit more and you'll be just fine. I did not go to a southern school and got a top seat in NG. The industry is shifting away from "must go do a&m trip or UH/Rice." Just have the goal in mind going in and go to school whereever you desire. If A&M is where you want to go you'll be just perfect there
what is a top seat in NG? major, trade shop, hedgefund, etc?
Major for me, however I do know people who went to other non-southern schools at top trade shops too
Honestly I don't even think petroleum engineering is even competitive at non-southern schools. Kid should just get into a petroE program if there isn't a trading program at the school they got into.
College freshman here. Apply to Texas A&M.
ugh that TRIP mafia.. it's a great program but wish Texas had that program. get into a good Tx state school and network and get internships at utilities and should have a lot of talking points for a major's grad/trading development program
Truly you could go to an Ivy or any top30 school and get recruited too. The firms look at a vast talent pool these days. John A went to Vanderbilt.
Go somewhere you enjoy, get good grades and have some fun.
Ditto above, I also went to a non-southern t30 and able to start at lng prop desk. At this stage just keep reading, get good grades and you’ll be fine.
I would say get into the best school as possible and go from there. No one cares truly where you went to school once you get in, and the better the school the better the recruitment effort is to get you in...
So I figured the cliche advice would be to just get into the best school (especially one like A&M with a program like TRIP) but how about internships? I know in the tech industry they start doing internships even during high school eventually getting into a FAANG internship during their junior year summer. But I'm assuming NG is a whole different beast because there's no organized recruitment like tech or banking.
I don't have any family or friends in natural gas industry so I'm already at a big disadvantage (lack of exposure to the types of people that work in the industry, same way rich New England kids can vibe with clients in NYC).
the good thing is there really arent many kids outside of a&m,tulane,osu,ut,etc that you have to compete against. im from the NE and magically landed an internship at a Utility/IPP and was able to get FT offers/interviews with almost all O&G majors and trade houses for their rotational programs. best advice is to look at power and gas places like vistra,nextera,calpine,nrg, etc that are much less talked about/known.
hah "the cliche" advice well no its not cliched cause there is in fact structured programs at the top shops to get people in. Likewise there is always an appetite to get people in. Enron used to attract talent way better than the banks do today (think about how people talk about PJT on here, that was Enron).
Further, lots of people who get into the top rotational programs did internships at banks in S&T, a strong resume means you will get in.
Beyond that, start by reading "smartest guys in the room", look up on Amanrath and John A. Learn your history so you have interesting things to talk about in reach outs once in you are done freshman year.
What made Enron so attractive to grads like PJT? I'm new to WSO but I've heard about how prestigious and cool PJT is for their restructuring group. Wasn't Enron just like an energy trading firm? Most grads wouldn't want to go into a risky job, live in Houston, and have to stomach market volatility.
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