How are the trading opportunities in energy and what is living in Houston as a young professional like?

I'm a commodity trader with a couple years experience in soft commodities. I'm currently in the upper Midwest and it's -2F outside my office. I know Houston is a major trading hub for commodities, particularly energy. How do people feel about the trading opportunities in oil, gas, and electricity markets? Are these markets easy to transition into for an agricultural trader? And how fun is living in Houston for a mid 20s young professional?

Comments (7)

Jan 12, 2018

Hi AlphabetTrader, just because I'm a bot doesn't mean I don't have feelings...I'm hoping these links are helpful. If not, feel free to throw monkey shit at me...

  • Houston, TX- Career vs. Lifestyle that Houston really is the mecca of the energy world, and that furthering my career (going down the ... The city is still rapidly expanding and has a plethora of job opportunities for young ... adults--particularly in the energy industry. Employment rate is b
  • Best Business Schools in Houston to break into Energy PE or Energy Trading What is the best business school in Houston? I will be graduating undergrad in May and will be ... not taken the GMAT yet Thank you Grad School in Houston energy Corporate Banking PE trading ... staying in Corporate Banking, or energy trading down th
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  • Energy Investment Banking in Houston? Anyone have rankings? years. Are Barclays and CS still the best? What banks have done the biggest deals in the space recently? ... Hey everyone, I'm a junior getting ready to recruit for energy banking in Houston. I've ... heard that things are changing alot with a lot of MDs moving to different banks in the
  • Energy Trading 101: The Crack Spread you can impress your friends down in Houston. What is the crack spread? Nope, sorry PSU alums: ... it. The crack spread is a key indicator of a refiner's financial exposure, as its fixed costs are ... the crack spread is typically less common, and as far as I'm awar
  • Career Advise for a 26 year old in the Houston Energy market Goldman. I have a friend here who works as an analyst and my cousin is the MD in Hong Kong for the ... that I may be too old and come from the completely wrong background. I am 26 and reside in Houston ... I graduated in 2013 with a Hospitality degree focused on finances from the University of Houston. (I kno
  • What is going on in Houston? Can anyone in Houston provide some insight into what is happening over there right now with the ... banking Houston houston energy IBD to Sunday, February 28, 2016- 12:55am ... oil prices and volatility? Are any layoffs happening at any level? Much thanks. 2016 investment ...
  • More suggestions...

Or maybe the following users have something to say: @IHealey908 @CrashDavis12 @Arthur-Boulie

You're welcome.

Feb 5, 2018

I can't speak to the trading opportunities, although I do work in O&G finance. Moved to Houston in 2014 and bought a house here last year. There is always something to do, the restaurant scene in Houston is amazing, and people are generally very friendly. A lot of what I like about Houston has to do with living in Texas - no state income tax, nice roads, beautiful scenery (when you get out of the city that is), affordable to fly in and out for travel...etc. Definitely worth a visit for a weekend or so if you're seriously considering moving here. There's a lot to see!

Feb 6, 2018
AlphabetTrader:

I'm currently in the upper Midwest and it's -2F outside my office.

AlphabetTrader:

And how fun is living in Houston for a mid 20s young professional?

High of 71F today. I think you'll like it here.

AlphabetTrader:

How do people feel about the trading opportunities in oil, gas, and electricity markets? Are these markets easy to transition into for an agricultural trader?

I can think of a few shops that are hiring right now. If you were willing to take a step back and come in to a mid-office/risk/ops type role, I don't think you'd have a difficult time getting a foot in the door. I'm sure getting hired on as a trader on an O&G desk is possible, though I imagine you'll need to leverage existing contacts in the industry for that to work out.

    • 1
Feb 6, 2018

Hi HoustonOG, check out these threads:

Or maybe the following WSO members have something to say: @V_S @Jayakarthick4 @akub

If those topics were completely useless, don't blame me, blame my programmers...

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Feb 6, 2018
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