Energy trading

I was recently offered a summer internship at an oil major at a certain location, my home town, in their natural gas trading program and accepted it. I am extremely excited about the opportunity! But, I have always been interested in crude oil. Maybe I am ...

49 comments - 3 silver bananas - Apr 12 2019 - 3:45pm - ASUgrad2017

Looking to get some of the opinions of the other physical trade guys in the forum, but anyone feel free to chime in. Given the moves XOM has made, what are your opinions on having another monster trading shop coming into the market? I agree with the senti ...

29 comments - 4 silver bananas - Jun 13 2018 - 9:26am - billsyall

Does anyone have any info about the following energy prop trading shops: Glencore Mercuria Arcadia Masefield Vitol Trafigura Gunvor How would you rank them in terms of prestige? How do they compare with trading at a BB? Any info would be appreciated Energ ...

31 comments - 2 silver bananas - Nov 21 2017 - 6:30pm - noob

Are there better graduate degrees out there? I'm worried even if I applied to a program like this I wouldn't get a trading job, because I don't have any internship experience with big firms. A little bit about myself: ...

99 comments - 2 silver bananas - Jun 6 2017 - 4:03pm - mastertrader89

Good afternoon, monkeys. Listen: A crude and natural gas midstream firm like MarkWest Energy Partners and an oil refinery in the middle of Alabama will have different price exposures, and thus require different hedges to protect themselves in the event of ...

25 comments - 21 silver bananas - Apr 12 2019 - 2:48pm - CaR

Hi, Interested in learning from others on what its like to establish / specialize in each of the 3 big energy commodities. How easy is it to transition from one to the other? I would assume Gas to/from Power have a fairly easily transition? Also, what is ...

54 comments - 0 silver bananas - Feb 26 2017 - 10:05pm - TheHoustonFlight

It seems to me that a lot of people these days think that trading oil and energy is better than trading equities or fixed income and I'm not sure why. I am not familiar with oil trading companies and their business model. Can someone shed me some lig ...

47 comments - 0 silver bananas - Jul 9 2011 - 4:56pm - JSA

I've read through all the topics related to energy trading roles, and I know that you have to start in ops/scheduling before moving on to become a real trader. However, my background (chemical engineering major) isn't really suitable for obtaini ...

38 comments - 0 silver bananas - Aug 4 2012 - 2:51pm - exceptionruled

I have 3 years of work experience developing real-time risk systems for commodities trading in Houston at a BB. BS in Computer Science and BA in Economics from UT Austin. Want to eventually become an energy trader in Houston. 3.95 GPA, 750 GMAT. I think a ...

31 comments - 0 silver bananas - Feb 22 2012 - 2:03am - sws283

There is an electric company at my school doing OCR for some positions. I'm vaguely interested in trading, but I would like to specifically know more about power trading. I know for oil trading positions at the super majors you have to work as a sche ...

21 comments - 0 silver bananas - Apr 5 2014 - 10:05am - redrocksky

I was out last night having drinks with a few energy traders at a HF I am applying to for an entry level position. Clearly these guys make a lot of money especially the owner. After some drinks one of the traders said, "Listen this is an opportunity ...

20 comments - 0 silver bananas - Dec 30 2012 - 8:23am - pgaap1919

Has anyone ever heard of DC Energy. Just got a role as an associate and was wondering if anyone had any insight. What are some good books/sites to check out for energy trading. Energy trading associate DC ...

25 comments - 0 silver bananas - Jan 27 2012 - 12:12pm - smith12346

Hi all, I've started recently as a power trader and was wondering if you could recommend some resources (or write any comments) on various trading strategies possible in the electricity market. I tried searching on the forum here and there are few pe ...

11 comments - 2 silver bananas - Jan 2 2018 - 11:46pm - Mr.Kurtz

Currently in Calgary, looking to get into energy trading, preferably nat gas or crude. So far, this is my list of desks, BP Transalta Transcanada Trafigura Vitol J Aron JPM TD Energy CIBC Commodities RBC Suncor Shell EDF Trading Encana ConocoPhilips Mercu ...

22 comments - 0 silver bananas - Jul 27 2013 - 8:56pm - thedayidie

Energy Rodeo 2012 has been confirmed for January 7th, 2012. Further details to follow... Energy trading Houston energy rodeo ...

22 comments - 0 silver bananas - Feb 20 2011 - 12:29am - kimbo

This group is a place where energy traders and students trying to break into energy trading can come to discuss recruiting and the industry. ...

15 comments - 0 silver bananas - May 24 2016 - 1:47pm - WallStreetOasis.com

First of all, I was wondering why natural gas price affects electricity price so much in U.S. market. I interned at a trading floor this summer and I saw power traders sit very close to natural gas traders and interact a lot.. There are a lot of other sou ...

19 comments - 0 silver bananas - Oct 5 2010 - 1:10am - hur5249

Anyone heard of Augsburg Energy in NJ? They do prop trading in energy. I have an interview with them so wanted find out more about the firm. Energy trading ...

16 comments - 0 silver bananas - Oct 23 2012 - 1:09pm - Onyxcap

Ok ladies and gents, the Energy Rodeo is fast coming up and, if the motivation to learn from industry professionals and insiders isn't enough to make you want to come down to Houston, maybe this will be. In addition to all the great things the Rodeo ...

17 comments - 2 silver bananas - Nov 22 2010 - 10:05am - happypantsmcgee

What's the word on the street about these guys? I hear they are one of the bigger players in natural gas and recruit heavily from UH. Any info would be greatly appreciated. Energy trading ...

14 comments - 0 silver bananas - Nov 3 2013 - 8:08pm - ACD_Trader

Just look for some thoughts on this- I'll be starting an MS in geology at a top grad program this fall. The plan is to work as a petroleum geologist after graduating; however, I've recently been thinking about a career as an energy trader. How w ...

12 comments - 0 silver bananas - Feb 23 2018 - 1:25pm - Inthesunshine

Accepted an offer for a trading position in major european oil company. But, I am shocked by how slowly decisions are taken, and by the huge amount of paper-work and bureaucratic work. Is this the trend in the industry, or just happen to have joined the m ...

15 comments - 0 silver bananas - Jul 13 2011 - 10:30am - eydey

Hello team, I've got a graduate gig at several BB ib's and a large utility. I am very interested in the utility as I firmly believe energy trading is the future. The problems I have is being offered ~80k at the BB's and ~45k at utility. Als ...

12 comments - 0 silver bananas - Apr 20 2016 - 1:21pm - curtis_ga

Let me preface this by saying that I had every intention of writing something meaningful about the fact that Google has applied to become a power marketer and how that will probably present a great opportunity to savvy energy traders. It's another si ...

12 comments - 1 silver bananas - Jan 11 2010 - 5:38am - Eddie Braverman

I'll make this quick: Graduated with Finance undergrad December 2008 1st year MBA with focus in Energy Risk Management ~2 years experience as Credit Analyst for commercial bank I want to transition into a role that leads to energy trading (risk, sche ...

15 comments - 0 silver bananas - May 26 2010 - 9:26pm - ao1058

I am currently working in PWM at a major wire house. I have been out of school for about 2 years from a non-target. I have the opportunity to join a top group at my current firm. This group is in the top 100 in Barons and would be a great opportunity. I a ...

13 comments - 0 silver bananas - Dec 20 2012 - 1:19pm - pgaap1919

Hi all- I am looking to get into power and natural gas trading. Currently, I do risk management consulting in power and natural gas. Also, I have been trading natural gas futures for about two years. Here is the link to my resume: http://www.razume.com/do ...

13 comments - 0 silver bananas - Aug 14 2012 - 7:04am - Onyxcap

Hi everyone. Like many others, I have been peeking around the forum for quite a lot of time without really posting. Now I finally need some bespoke advice from you. I am sure most of the people around here already think I am crazy just after reading the t ...

11 comments - 0 silver bananas - Nov 1 2014 - 3:11pm - ostroff

It seems like a lot of the guys on this board are really knowledgable about energy trading so I would really appreciate your help. ...

13 comments - 0 silver bananas - Oct 27 2009 - 11:10pm - mrr2

Hi, Has anyone been to the Energy Rodeo held in Houston? I am thinking of dishing out $800 and go down there from Canada, would it be worth it? Has anyone really been able to secure good job leads from that event and how receptive is visiting companies on ...

10 comments - 0 silver bananas - Jan 15 2013 - 10:44pm - TheHoustonFlight

Has anyone heard of DC Energy? If so, reputation on the street? Exit opportunities from the analyst program? Thanks in advance. Energy trading ...

9 comments - 0 silver bananas - Nov 1 2013 - 10:49pm - winteralreadycame

I've read a few very good posts on WSO about commodities trading, so I'm led to believe the knowledge is out there... My question to the WSO community is: does anyone have a good understanding of how JPMVEC actually perpetuated the fraud (how di ...

9 comments - 0 silver bananas - Sep 17 2013 - 9:24am - BuyersRemorse

Hi everybody, I'm currently working in a small oil trading desk of a gas company where we only do derivatives (not physical). I'm here since mid of last year and it's my first job but I would like to consider new opportunities (I hope to fi ...

8 comments - 0 silver bananas - Jun 13 2015 - 9:50am - NRGLDN

So I'm already getting a business degree, and I have room for more courses. Should I complete an environmental science degree for a career in trading / the business end of energy? Or will this ultimately be useless/ of very little practical value Ene ...

9 comments - 0 silver bananas - Jan 14 2012 - 2:58pm - bankerbum

i was pretty surprised to see that entry level real-time trading jobs annual compensation is only around $40-45k. does anyone else think that this is really low? also, how long does it typically take for a real-time trader to become day-ahead trader? Ener ...

8 comments - 0 silver bananas - Feb 5 2014 - 8:52pm - Valuestrats920

Hi, I just graduated, most of the positions I keep getting interviews for seem to be either back-office or contract. I would still like to aim for investment banking and equity research jobs. Most of my internships were in the front office in Trading or F ...

9 comments - 0 silver bananas - Aug 13 2009 - 12:32am - marcellus_wallace

Am I screwing myself for the future by taking a natural gas scheduling gig? Will I have limited exit opps if I ever decide to change? Energy trading ...

5 comments - 1 silver bananas - Sep 28 2018 - 6:24pm - bunz123

I see that this topic has been touched on before but...I currently have a commodities trading related offer from one of the large energy/oil companies and with one of the large banks which has faired well thus far. I'd prefer to go with the bank whic ...

9 comments - 0 silver bananas - Sep 14 2008 - 11:35pm - N_ergy trader

Let's say you have just been hired into an energy trading group (North American power and gas only) at a BB bank. You have your choice of desks. In what order would you rank these groups? NYMEX gas East Gas East Power ERCOT West gas West power Also, ...

8 comments - 0 silver bananas - Jan 21 2010 - 5:14pm - NakedShort

Looking for a good source covering long term (monthly or quarterly) commentary for the energy markets. Energy trading ...

7 comments - 0 silver bananas - Aug 25 2014 - 12:46pm - Macro Arbitrage

I am a 26 year old energy trader who has an UG in finance and an MFE from a top program. I've been trading for 2 years in physical energy at a top merchant trading firm such as glencore, trafigura, tenaska trading physical commodities (natural gas, o ...

6 comments - 1 silver bananas - Jan 19 2016 - 10:23pm - Uhsig1263

So last week one of my peers in the energy industry told me he leaving his firm to go work for a REIT and it got me thinking, is this another sign of rebound in the RE industry? To give u some background, I trade NG and so did my friend. Now, granted ther ...

7 comments - 0 silver bananas - Jun 10 2012 - 8:53pm - Grow or Go

hi, so i'm trying to shoot an email to a guy who trades @ arch coal, and am wondering what their email format is? any help would be appreciated. trading email Energy trading Coal ...

7 comments - 0 silver bananas - Feb 13 2011 - 5:27pm - MarkyMarkWahlbe...

Has anyone here worked in BP IST or in the TDP? I have an offer and a couple questions. PM would be appreciated. Energy trading BP ...

7 comments - 1 silver bananas - Nov 4 2010 - 8:20pm - jt

Greetings mates, I have a question on energy trading career. But, please answer if you know this for sure. What city and what country is the best for energy trading career? Houston, Dallas, Dubai, London, NYC, something else? USA, UK, UAE, Switzerland, so ...

5 comments - 0 silver bananas - Apr 17 2014 - 7:23am - DeactivatedAccount

Hi all, Anybody know anything about Tricon Energy? They are engaged in petrochemicals and polymers. Any insight would be appreciated. Energy trading ...

5 comments - 0 silver bananas - Feb 16 2012 - 12:48pm - bos

I need some help folks. I'm using my Career Center to critique my resume and cover letter Though, I feel that their input may be very generic and not tailored for critiquing cover letters and resumes aimed at earning positions in IB or S&T. My un ...

5 comments - 0 silver bananas - Jan 23 2011 - 3:02pm - jaVrick

Anybody hear much about this firm recently? I've checked wso, elitetrader, quantnet, etc. but most everything is from a few years back when it seemed like business in energy trading was more profitable/less regulated. Is it still a firm worth working ...

4 comments - 0 silver bananas - Nov 2 2015 - 4:49am - Wrath123

With the news of Muammar Gadhafi's death reverberating throughout the globe, financial markets and oil speculators everywhere are contemplating how the event will effect production and prices. The simple logic would lead us to believe that production ...

4 comments - 0 silver bananas - Oct 21 2011 - 11:50am - Midas Mulligan Magoo

Anybody knows about this program? Is it a trading support program with little or no prospect of becoming a trader? Or is it a trader development program with good chance of leading to a trader position? Energy trading ...

4 comments - 0 silver bananas - Oct 21 2014 - 12:00pm - OutdoorBoy

I currently have two different offers for a summer internship, one offer from PwC to intern in their Houston office as a management consulting intern, and the other from Exxon to work as an analyst on their up and coming trading floor. I have experience w ...

3 comments - 1 silver bananas - Oct 19 2018 - 3:45pm - energy_career

I am about to interview with an energy trading firm based in Switzerland for a natural gas trading role covering Europe. I have quantish background and experience at a bulge bracket investment bank in structuring. The interview is next week and I would ap ...

4 comments - 0 silver bananas - Aug 7 2014 - 11:04am - BananaMan2014

Hi, Please take a look at my piece, looking to get into energy trading. Energy trading Resume Review ...

4 comments - 0 silver bananas - Jan 21 2013 - 12:29am - TheHoustonFlight

thank you Energy trading ...

4 comments - 0 silver bananas - May 17 2012 - 12:21pm - sadboy

Would it be possible for someone working at a supermajor in some sort of engineering capacity to make a lateral transfer to scheduling/ trading? Would this differ by the company? Thank you. Energy trading ...

4 comments - 0 silver bananas - May 5 2012 - 9:29pm - pontifled

Hi all, I'm heading off in September to get my MBA from Chicago Booth and am looking to break into energy trading upon graduation. I grew up and live in Houston, Texas which seems to present numerous opportunities to come back after graduation with l ...

4 comments - 0 silver bananas - Apr 7 2009 - 10:57pm - UTdub

Hi, first post here, ima keep it very brief. I would be grateful for your answers. Im about to graduate with a business degree and am currently evaluating my options. Did internships in M&A but found it quite boring. Hence I want to try trading (ADHD ...

3 comments - 0 silver bananas - Apr 12 2019 - 2:40pm - awp

I wasn't really a big fan of <span class='keyword_link'><a href=" http://www.wallstreetoasis.com/company/goldman-sachs ">GS</a></span> but I think they just created what would likely be the most awesome des ...

3 comments - 0 silver bananas - Aug 21 2010 - 6:16pm - Jorgé

I'm currently a Sophomore at UH Main Campus and I'm majoring in Finance with a track in Global Energy Management. I'm very interested in getting any type of internship with any type of Houston trading firms. I really don't mind if it&# ...

3 comments - 0 silver bananas - Apr 20 2016 - 1:21pm - LauraMiranda

I am leaving for South-East Asia this fall for a one-year internship leaving behind a "charming" life in an inconspicuous small town in Sweden. My majors are finance and political economics from two well-known universities in the country and I h ...

3 comments - 0 silver bananas - Jul 28 2014 - 11:21am - Sharq

Looking for someone with a background in power systems/electrical engineering. If you know about transmission congestion, voltage, impedance, physical power flows, send me a message. I will answer any question you want about the world of power trading, ho ...

3 comments - 2 silver bananas - May 21 2014 - 3:54am - F430

. Energy trading ...

3 comments - 0 silver bananas - Feb 24 2015 - 7:33pm - user_deleted

Hi, Entering final semester this September majoring in finance and econ at semi target. experience include <span class='keyword_link'><a href="/guide/wso-internship-guide">summer internship</a></span> at a major ...

3 comments - 0 silver bananas - Aug 27 2012 - 11:42pm - thedayidie

Sorry for the long post in advance. Please offer any advice you have. I have been doing software development focusing on commodities front office risk in Houston for 3 years. I have degrees in Comp Sci and Econ. I have a strong desire to become an energy ...

3 comments - 0 silver bananas - Feb 14 2012 - 11:34pm - sws283

Does anyone in the industry/prospectives know what full-time recruiting will be like this fall/spring in the commodities/energy S&T within banks, utilities,energy companies? energy Energy trading enron Energy Deals Energy banking Energy Industry energ ...

3 comments - 0 silver bananas - Aug 30 2011 - 10:55am - Revolution

They called me the Commodity Merchant, I prefer "relationship manager". It not just buy low, sell high. It's managing the relationships, structuring the logistics assets and trades from the origin to the destination. We are a regular shippe ...

2 comments - 5 silver bananas - Jan 9 2017 - 11:09pm - Addax

Has anyone ever heard of this or know anyone who has done it? I found the posting through career services at my university and decided to throw in an application just to see what would happen. I received an acceptance letter today and have to let them kno ...

2 comments - 0 silver bananas - Apr 23 2014 - 7:10pm - latex12

Hi All, I wanted to know if Trading is a realistic exit opportunity after Market Risk Management. More specifically, if I take a Market Risk Analyst position at CME Group, that involves "SPAN margining and other risk algorithms to margin new products ...

2 comments - 0 silver bananas - Mar 20 2014 - 9:50pm - Walrus

Does anyone know anything about this company? It's in Houston and I've heard a few of my buddies who work on trading desks mention the name. Is this a reputable firm? Energy trading ...

2 comments - 0 silver bananas - Mar 9 2012 - 3:14pm - energywannabe

I was thinking about joining a friend on a grand adventure in Europe. Does anyone know about being an energy/gas/whatever trader at Vattenfall. What are you making entry level in this kind of position, and what sort of career opportunities would it presen ...

2 comments - 0 silver bananas - Feb 3 2012 - 12:45pm - thedude

Can anyone shed light on how "sales" fits in with energy trading? I understand that the commodities desk will usually have roles in structuring, scheduling, origination, etc., but I wasn't sure if there's sales aspect involved. Thanks ...

2 comments - 0 silver bananas - Oct 6 2009 - 7:23am - indigo_b

Hello Everybody, I received a job offer from a firm in NYC that invests in energy assets. They work on all stages, developing, financing and trading and distributing from the asset. They primarily purchase gas power plants and oil fields. My primary respo ...

1 comment - 1 silver bananas - Aug 26 2018 - 11:22pm - Chris_22

I saw that there were a couple of posts about this program, but they were all 5+ years ago. Any students that have gone through the program in the last couple of years that would like to share their experiences? Have people been getting jobs after complet ...

1 comment - 1 silver bananas - Aug 19 2018 - 10:42pm - ajt803

Hello, I have an offer as a power market analyst at a generation firm in the US. The role involves fundamental analysis of power prices and some electricity market modelling. Does anybody have some insight into where this could potentially lead in the fut ...

1 comment - 1 silver bananas - Mar 27 2018 - 12:03pm - Alfonz

I'm graduating from University within the next year, so naturally i've been applying left and right. However, i'm finding it quite challenging to even find the right places to apply, considering most of the companies in the field i'm l ...

- 0 silver bananas - Mar 10 2017 - 4:38pm - Cutlet

I am going to be attending the University of Oklahoma as a Sophomore in the fall and am trying to pinpoint the best degree for pursuing a career in energy trading. OU offers a Energy Management degree that focuses on many subjects(Marketing, Finance, Mana ...

1 comment - 0 silver bananas - Jul 2 2016 - 12:42am - invest201616

Anyone here trade PJM Western Hub ICE? Couldn't find any sites with a large enough user base for power traders, would love to start one here and get a thread going to talk markets. Energy trading ...

- 0 silver bananas - May 30 2016 - 12:05am - energytrader20

Hi, I am currently a final year BEng Chemical Engineering student at a UK Russell Group university (Newcastle) on track for a 1st degree classification. A combination of factors have led me to lean towards having a finance related career. Specifically, I& ...

1 comment - 0 silver bananas - Feb 28 2016 - 8:22am - 0121123

Came across this interesting series of energy presentations at Harvard. Free to attend: Monday, September 28, 12pm- 1:30 pm Financial Arbitrage and Efficient Dispatch in Wholesale Electricity Markets John Parsons, Senior Lecturer, Sloan School of Manageme ...

- 0 silver bananas - Sep 26 2015 - 9:06pm - F430

Hello all, my name is Dan and I am a native NY who moved to Houston almost 3 years ago now. I am looking to break into front office in energy trading. I love to network and welcome the opportunity to meet new individuals. Feel free to reach out to me at a ...

- 0 silver bananas - Jun 10 2015 - 8:17pm - daniel-walsh

Anyone attending the 2015 Energy Rodeo? Thoughts or opinions from previous ones? Thinking about skipping 2015, but doing 2016 and pursuing a job as a Natty Gas trader. By then I'd have: 1) 2.5 years of NG Scheduling experience(f500 company) 2) 1.5 ye ...

1 comment - 0 silver bananas - Aug 10 2014 - 2:04pm - Butterbean

I am a a power plant operator at a nuclear power plant in South Carolina, and I am trying to get into energy trading. Does anyone know where to start looking outside of the obvious utility companies? I have already looked at my companies trading desk and ...

- 0 silver bananas - Apr 20 2016 - 1:20pm - justing

Since there are a lot of energy traders on here, wondering if anyone has the inside scoop on what happened at MBF Trading? It seems Mark shut down his entire prop desk last year rather abruptly. Energy trading ...

- 0 silver bananas - Nov 27 2012 - 9:33pm - ACD__Trader