u/Slow-Tutor-1387

Hello!

I currently am a power trader at a global IPP/utility. Pretty much all our trading is asset-backed and for portfolio optimization, with little opportunity for speculative trading apart from a few storage sites. The main job is monitoring different units and optimizing bids, while getting exposure to real flows, constraints, congestion across all the major ISOs.

My goal and interests have always been in physical commodities, oil or gas. I enjoy the global aspect of these, and think it is fascinating that trading these global commodities are wrapped around macroeconomics, geopolitics, supply-chains, and real-world events. I'm very much a relationship-driven person, and am enticed by the human aspect still prevalent in physical commodity trading and operations.

With power being hot and a lot of shops building up their power trading desks, I wonder if it makes more sense to stay in power and focus on moving to a Trafi/Glencore/Gunvor/Castleton shop. I'd love if someone who works at a merchant can shed some light on the power desks daily responsibilities and tasks. And if someone who made a similar switch could highlight some of the major differences they saw moving from an IPP to a merchant and if they're happy with their move. I know you have access to virtuals, FTRs, options, congestion trading etc as well as the opportunity to trade further down the curve. Is it still entirely analytical looking at screens or is there some relationship/counterparty aspect? How much of your time is spent coding or building models? How does the mix of fundamentals you focus on change as you trade further down the curve? WLB? Do you enjoy it?

The active problem-solving, fast-paced and global nature of crude oil scheduling or natural gas scheduling has always intrigued me. I think these roles offer constant learning and active experiences, which I don't get much of currently. My plan has always been to move to scheduling/operations at a physical commodity shop and then potentially move into a trading seat. I know oil demand may eventually peak, so not sure if it makes sense to keep my same plan.

I'm essentially trying to figure out whether it makes more sense to build on the power experience I already have and work toward a merchant power desk, or pivot into physical oil/gas operations while I'm still early in my career.

Please I'd love to hear any and all insights. Thank you!

How is everyone feeling post earnings? Revenue missed by close to 6 million and EPS was 10 cents less than estimate. I remain bullish but want to hear folks opinions.

Hello. I currently work in power trading and have been passionate on making the move to oil or natural gas. Natural gas scheduling seems like the best natural move, and it does interest me a lot.

However the global aspect of oil intrigues me more. It’s my understanding any type of natural gas operations or trading is domestic in the US unless you get into LNG.

My question - is the crude/light ends/petro equivalent seat to a NG scheduler a crude operator? I know all shops are different and have different wording but normally would an operator put you closer to a trader than a trading analyst would? What role in crude puts you closest to the traders/next in line?

Thank you for any and all feedback!

Good afternoon,

Hypothetically, my friend got a parking ticket issued from the university of Dayton. He does not go to the school, and was visiting and I guess parked in a lot that needed a permit. Does this actually need to be paid? Are there any consequences if he doesn't attend and doesn't plan on attending UD?

Thank you