Principal Trader
Principal Trader
Employer Active
Job Alert
You will be updated with latest job alerts via email
Share
Job Alert
You will be updated with latest job alerts via email
Job Description
EQT is one of the United States leading producers of natural gas and the first traditional energy company of scale in the world to achieve Net Zero on a Scope 1 and Scope 2 basis.
From the office to the field the #EQTeam is fueling the future. Power your potential with us.
At EQT we are making strides toward becoming the best producer by creating longterm value for all stakeholders including employees landowners communities industry partners and investors. Our vision is to evolve EQT into a modern connected digitally enabled organization.
With an incredibly collaborative culture and a determined progressive workplace EQT was both named a National Top Workplace as well as one of Pittsburghs Best Places to Work!
Join our Qrew!
TheSenior Trader responsibilities include but arenot limited to:
- Initiate develop and execute strategies to capture profitable term natural gas trading opportunities.
- Monitor and evaluate relevant market conditions pivoting in/out of trades as necessitated by market conditions.
- Evaluate execute and manage shortterm interruptible & parkandloan activities with EQT midstream and 3rd party operators to generate incremental revenues.
- Evaluate execute and manage short and longterm storage assets with EQT midstream and 3rd party operators to create incremental revenues.
- Evaluate existing trading processes and collaborate with trading personnel to improve efficiency transparency and valueadded measures.
- This role is expected to be able to clearly communicate & present summaries of relevant market conditions & opportunities upward within the organization.
- Expertise in production and intrastate/interstate/midstream pipeline grid is expected to be used to develop organizational strategies within the region and throughout Commercial.
- Adhere to regulatory requirements & Departmental Guidelines & Procedures to effectively manage work stream & manage all projects.
- Primary responsibility for establishing and executing on trading strategies to optimize the value of EQTs contractual pipeline capacity & storage assets.
- Travel up to 20 of the time.
Required Experience and Skills:
- Bachelors degree in accounting finance economics or related field. Masters degree in business finance or engineering preferred.
- Minimum of 10 years of experience in natural gas trading scheduling and origination.
- 35 years of Natural gas trading experience in the Appalachian or Northeast region.
- Strong analytical and quantitative skills strong verbal and written communication skills.
- Creative/innovative with strong ability to understand market conditions and then translate into profitable results.
- Knowledge and understanding of regional pipeline/storage infrastructure and respective supply and demand composition and working relationships with commercial participants.
- Ability to construct a regional supply & demand model knowledge of specific pipeline constraints flows costs storage contracts end users and scheduling.
- Experience trading physical futures swaps options storage index and spreads.
- Ability to meaningfully contribute to the development of natural gas commercial strategies.
- Working relationship with commercial participants. (producers/pipelines/utilities/end users/traders)
- Understanding of the calculation of intrinsic & extrinsic values of transportation capacity and storage opportunities.
Remote work is being considered for this role excluding the following states: California Connecticut Delaware Illinois Indiana Louisiana Massachusetts Michigan New Jersey New York and Tennessee unless willing to relocate.
Selected incumbent will be placed into the position that best suits their abilities and experience level.
EQT Corporation and its subsidiaries is an Equal Opportunity Employer Disabilities/Veterans.
Required Experience:
Staff IC
Employment Type
Full Time
