Natural Gas Trader, Rockies
Houston, TX, US, 77042
Phillips 66 & YOU - Together we can fuel the future
The Natural Gas Trader, Rockies will join a growing natural gas desk within the commercial business at Phillips 66. Reporting to the Global Trading Lead, Natural Gas and Power, this role will establish and execute trading strategies, generating income through physical and financial trading throughout Western, Rockies, and Midcon US gas markets.
Responsibilities May Include:
- Trading and marketing physical gas production from DCP Midstream’s natural gas processing plants
- Executing and managing a trading portfolio of gas products, including fixed price/spread trades, basis trades, physical/financial index trades and options
- Generating forward curve and price forecasts and actively monitoring position exposure and P&L
- Communicating and coordinating with origination on expanding Phillips 66’s natural gas physical business
- Coordinating internally with Risk, Accounting, IT and Finance to ensure all trade activity is accurately captured and reported
- Adhering to and ensuring compliance with all internal controls/corporate policies and external rules and regulations
- Collaborating with traders and market analysts across various commodities to evaluate fundamentals and trade ideas
- Providing market point of view and explanation of positions to Commercial leadership and other members of Senior Management
Required Qualifications:
- Legally authorization to work in the job posting country
- Bachelor’s Degree
- 5 or more years of experience in a commercial/trading environment within the energy industry
- Extensive working knowledge of market fundamentals, risk controls, and operations
Preferred Qualifications:
- Bachelor’s degree or higher in Business, Finance, Engineering, or related field
- 7 or more years of experience trading gas products
- Deep understanding of market area fundamentals
- Working knowledge and understanding of financial basis and options modeling
- Ability to communicate complex ideas effectively across a diverse group of stakeholders
- Commercially driven and demonstrated analytical and problem-solving skills
The Commercial organization works to effectively leverage assets and market knowledge to create additional value within the risk parameters of the Company. We do this by maximizing general interest profitability, enhancing return on capital employed by successfully partnering with the Refining, Transportation and Marketing functions to ensure Value Chain Integration.
Total Rewards
At Phillips 66, providing access to high quality programs and care for you and your family is important to us. Maintaining a culture of well-being — physical, emotional, social, and financial — is essential for a high-performing organization. When we are at our best, we are poised to deliver exceptional results — personally and professionally. Benefits for certain eligible, full-time employees include:
- Annual Variable Cash Incentive Program (VCIP) bonus
- 8% 401k company match
- Cash Balance Account pension
- Medical, Dental, and Vision benefits with an annual company contribution to a Health Savings Account for employees on HDHP
- Total well-being programs and incentives, including Employee Assistance Plan, well-being reimbursement, and backup family care services
Learn more about Phillips 66 Total Rewards.
Phillips 66 has more than 140 years of experience in providing the energy that enables people to dream bigger and go farther, faster. We are committed to improving lives, and that is our promise to our employees and our communities. We are sustained by the backgrounds and experiences of our diverse teams, which reflect who we are, the environment we create and how we work together. We have been recognized by the Human Rights Campaign, U.S. Department of Labor and the Military Times for our continued commitment to inclusive practices and policies in the hiring and retention of those in the LGBTQ+ community and military veterans. Our company is built on values of safety, honor and commitment. We call our cultural mindset Our Energy in Action, which we define through four simple, intuitive behaviors: We work for the greater good, create an environment of trust, seek different perspectives and achieve excellence.
Learn more about Phillips 66 and how we are working to meet the world's energy needs today and tomorrow, by visiting phillips66.com.
To be considered:
In order to be considered for this position you must complete the entire application process, which includes answering all prescreening questions and providing your eSignature on or before the requisition closing date of 06/02/2025.
Candidates for regular U.S. positions must be a U.S. citizen or national, or an alien admitted as permanent resident, refugee, asylee or temporary resident under 8 U.S.C. 1160(a) or 1255(a)(1). Individuals with temporary visas such as E, F-1, H-1, H-2, L, B, J, or TN or who need sponsorship for work authorization now or in the future, are not eligible for hire.
Nearest Major Market: Houston