Sr Trader
Energy Transfer, recognized by Forbes as one of America's best large employers, is dedicated to responsibly and safely delivering America’s energy. We are driven to inspire our employees to create superior value for our customers, our investors, a sustainable future and giving back to the community where we have long-standing commitments to causes including MD Anderson Children’s Cancer Hospital, The Salvation Army, The American Red Cross, Ronald McDonald House and many more.
We value all of our employees who make our growth and success possible. We are proud to offer industry leading compensation, comprehensive benefits, 401(k) match with additional profit sharing, PTO and abundant career opportunities.
Come join our award winning 12,000 strong organization as we fuel the world and each other!
Position Summary
The Natural Gas Trader is responsible for managing Energy Transfer’s physical and financial natural gas portfolio across the Texas region. This role focuses on optimizing value around ET’s extensive pipeline and storage footprint, executing disciplined trading strategies, and supporting the company’s commercial growth objectives. The Trader collaborates closely with scheduling, analytics, and leadership to ensure safe, reliable, and profitable utilization of ET assets while maintaining strong relationships with market participants.
Key Responsibilities
Commercial Trading & Asset Optimization
- Optimize ET’s natural gas pipeline and storage assets through effective physical trading and scheduling alignment.
- Execute financial hedges and futures positions to manage exposure and support portfolio strategy.
- Identify and capture value through market structure, transportation optionality, and regional supply/demand dynamics.
- Participate in daily commercial meetings, providing clear market insights and position updates.
Deal Structuring & Negotiation
- Negotiate spot and term natural gas purchase and sales agreements with producers, marketers, utilities, and industrial customers.
- Structure transactions that align with ET’s asset capabilities, risk parameters, and commercial objectives.
- Ensure all commercial activity adheres to internal controls, credit requirements, and compliance standards.
Market & Asset Intelligence
- Monitor regional and national market trends, pricing hubs, weather patterns, and regulatory developments to inform trading decisions.
- Work closely with scheduling and analytics teams to understand pipeline constraints, flow capabilities, storage positions, and operational limitations.
- Maintain a clear and consistent point of view on market fundamentals impacting ET profitability.
Relationship Management & Business Development
- Build and maintain strong commercial relationships with counterparties and industry participants.
- Originate new opportunities that enhance ET’s asset value and expand the commercial footprint.
- Represent ET professionally in market discussions, conferences, and industry engagements.
Operational Excellence & Compliance
- Uphold ET’s standards for safety, integrity, and operational excellence in all commercial activities.
- Support continuous improvement initiatives and contribute to enhancements in trading processes, analytics, and commercial systems.
- Perform additional responsibilities or special projects as assigned.
Qualifications
Required
- Bachelor’s degree in Finance, Economics, Business, Engineering, or a related field.
2 - 5 years of natural gas trading, marketing, or commercial experience within the energy sector.
Strong understanding of:
- Natural gas fundamentals and regional supply/demand drivers
- Pipeline and storage infrastructure
- Physical and financial trading instruments
- Price‑risk management and derivatives
- Transportation logistics and scheduling concepts
Preferred
- Demonstrated ability to develop and execute commercial strategies that create measurable value.
- Experience with commercial modeling (Excel), discounted cash flow analysis, and statistical evaluation.
- Established network of industry contacts across producers, marketers, utilities, and counterparties.
- Strong analytical, negotiation, and communication skills with the ability to operate in fast‑moving markets.
Core Competencies
- Commercial discipline and market intuition
- Strong quantitative and analytical capability
- Relationship building and negotiation
- Risk awareness and adherence to limits
- Collaboration with scheduling, analytics, and leadership
- Ability to manage multiple priorities in a dynamic environment
An equal opportunity employer/disability/vet
Energy Transfer is an equal opportunity employer and does not discriminate against qualified applicants on the basis of actual or perceived race, color, religion, sex, sexual orientation, gender identity, age, national origin, disability, pregnancy, veteran status, genetic information, citizenship status, or any other basis prohibited by law.
The nature and frequency of the above working conditions and requirements may vary depending on individual operational circumstances. Where feasible, the Partnership will make reasonable accommodations to qualified individuals with disabilities to enable them to perform the essential functions of the job.
DISCLAIMER: The statements listed in this job posting, which are subject to change, are intended to describe the general nature and level of work being performed by people assigned to this job. They are not intended to be an exhaustive list of all responsibilities, duties and skills required of personnel so classified.