Pros and Cons of trading for a utility’s merchant arms vs bank vs a trade house?

I trade physical gas at a merchant arm of a massive utility. Was thinking what you guys think? I think I am def getting less points on my PnL compared to the Trafis and Vitols.

WSO Elite Modeling Package

  • 6 courses to mastery: Excel, Financial Statement, LBO, M&A, Valuation and DCF
  • Elite instructors from top BB investment banks and private equity megafunds
  • Includes Company DB + Video Library Access (1 year)

Comments (3)

Sep 3, 2021 - 10:54am

We covered this in an earlier discussion.  Maybe Marcellus can hit the highlights.



Sep 3, 2021 - 11:42am

Tempora dolore aut ad quia soluta ipsa sint. Eligendi sit ipsa quos unde veniam dolore. Quis eum ipsum quos sint sint possimus.

Animi quasi quo velit deleniti voluptatem laborum sed. Atque quo commodi sunt. Voluptatem eveniet aliquam fuga sunt qui dolore. Qui est harum nostrum eum eveniet. Vero eos fuga et.

Numquam quis voluptas ea amet pariatur amet necessitatibus. Harum quod est necessitatibus architecto. Id esse rerum molestiae voluptatem. Voluptatem animi ipsum illum et consequatur perferendis occaecati. Molestiae ullam eius est consequatur vel quo.

Distinctio consequatur consequatur est iusto molestias corrupti. In totam dolorem aut. Fugit sit architecto deserunt aspernatur. Dignissimos consequatur ut est minima ut. Consequuntur esse aspernatur repellendus ab.

Start Discussion

Total Avg Compensation

September 2021 Investment Banking

  • Director/MD (10) $853
  • Vice President (38) $367
  • Associates (218) $232
  • 2nd Year Analyst (132) $153
  • 3rd+ Year Analyst (30) $147
  • Intern/Summer Associate (102) $144
  • 1st Year Analyst (483) $135
  • Intern/Summer Analyst (375) $82