Currently, I am set to finish my undergrad within the year. I am looking to find an "entry level" energy position in Houston or somewhere in the NE. I am graduating from a non-target school in the Midwest and I know that could be a huge obstacle for this industry.
As for experience goes, I worked as an intern for one of the major natural gas pipelines here in the US and majored in "commodity marketing". Eventually, I want to become a natural gas trader. Where would be a good place for me to start? How do I get my foot in the door? and is this even possible?
I have family pretty high up in the industry so that is a huge plus for connections and networking.
Any advice would be helpful
Hi Cornhuskers, any of these discussions helpful:
I hope those threads give you a bit more insight.
Thank you!
FWIW, I work in electric procurement (front office) at a large electric/gas utility. I've seen two paths within the company for gas traders: 1) start out in gas operations, get experience, apply internally to be a gas trader, 2) start in the back or middle office (contract management, settlements, credit risk, etc.), get experience, apply internally.
I should note that utilities trade to serve customers and trading shops arbitrage to make $$$. I've found utilities are more similar to government jobs, 9-5 hours (or 5-3 here on the West Coast), good for those with families, etc. Utility jobs also have a ton of regulatory compliance work and bureaucracy regarding decision making.
This helps alot. Thanks!
Often commodity marketing teams have roles like risk analyst or settlement analyst which are good for getting your foot in the door. The majority of jobs will be in Houston or Chicago. Additionally, rotational programs are great but are quite competitive.
You should build an idea of which firms have marketing teams and focus on mid to larger desks. Smaller desks don’t have the manpower to train and thus hire mostly experienced individuals.
Thanks Silver, are scheduling positions considered "entry level" or are those more experienced roles?
In my experience scheduling is a more experienced role but if you see a posting you should check the experience requirements.
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