Crude Oil Trader II
Houston, MS - USA
Job Summary
- Originate structure negotiate and execute physical crude oil transactions across spot monthly and term horizons.
- Develop market views identify trading and commercial opportunities and manage positions to maximize realized value within established risk parameters.
- Partner with scheduling midstream and operations teams to execute commercial strategies and optimize crude oil movements.
- Maintain strong commercial relationships with counterparties pipelines terminals producers and marketers.
- Build valuation models perform scenario analysis and prepare reporting & presentations for management and risk oversight.
- Uphold strict compliance credit and operational controls.
- Bachelors degree in Finance Economics Engineering Business or related field.
- 5-7 years of crude oil trading marketing origination or other relevant commercial experience with demonstrated knowledge of physical crude oil markets.
- Strong understanding of North American pipeline systems basis markets tariffs storage nominations and physical logistics.
- Demonstrated analytical capability and disciplined risk management.
- Experience with trading/scheduling platforms (e.g. Allegro Endur) and advanced Excel modeling.
- Established industry relationships with refiners marketers midstream companies and other crude oil market participants.
- Demonstrated track record of identifying and executing commercial opportunities that improve realized value and/or margins.
- Experience trading Permian crude oil markets
- Strong understanding of crude oil pricing market dynamics optionality and physical arbitrage opportunities.
- Experience compiling Power Point presentations and ability to clearly and concisely present to executive management & other stakeholders
About Company
EOG Resources hogs a resource -- natural gas. The independent oil and gas company is engaged in exploring for natural gas (and crude oil) and developing, producing, and marketing those resources. In 2010 EOG, an independent offspring of the once powerful Enron, reported estimated prov ... View more