Feb 22, 2021
Regularly analyze refined products, crude, and NGL markets and collaborate with commodities team in developing sales and hedging strategies. Maintain and further expand existing commodities analysis reports and develop new risk simulation tools to help MMP evaluate and manage commodity exposure. Market production volume via spot and term trade agreements, buy and sell over/short positions in spot markets, and execute NYMEX hedge trades to cover exposed positions for assigned business strategies and areas. Analyze MMP physical inventory positions and movements for refined products and crude in MMP (Atlas) and other 3rd party inventory systems. Schedule refined products and crude inventory movements within the commodity management system (Right Angle) and other 3rd party inventory systems (Transport 4, etc). Compile, analyze, interpret, and assist in making decisions from reporting of MTM positions, risk exposure positions, hedge status of financial plan, break even analysis,...
Magellan
Tulsa, OK, USA