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Targa Resources · 3 hours ago

Gas Trading Analyst

Houston, TX

Full-time

Onsite

New Grad, Entry Level

Targa Resources is a company focused on commercial operations in the gas industry, and they are seeking a Gas Trading Analyst to support trading decisions and financial reporting. The Analyst will collaborate with various teams to monitor gas forecasts, analyze market fundamentals, and maintain trader position reports.

EnergyFinanceLogisticsOil and Gas

Comp. & Benefits

Responsibilities

Collaborate with Gathering & Processing (G&P) teams to monitor residue gas forecasts and plant growth

Integrate forecasts into gas flow models to estimate volumes requiring marketing and compare against firm transportation capacity

Track actual residue volumes on company-owned pipelines vs. marketed capacity to internal trading desks and third-party shippers

Build and maintain supply/demand models to forecast natural gas fundamentals and infrastructure trends (e.g, LNG, Data Centers, Pipelines)

Monitor regional basis spreads, pipeline constraints, and market dynamics to inform trading strategies

Prepare market outlooks, flash updates, and strategic decks for senior leadership

Track trader positions including hedges, transport spreads, and mark-to-market performance

Support trade entry and validation in the ETRM system; extract and compile trader position reports

Partner with Risk Management to develop monthly reports on commodity exposure and transport books

Work with Accounting and Mid-Office to prepare flash P&L and monthly financial updates

Collaborate with Corporate Development to model new pipeline projects and acquisition opportunities

Act as a commercial liaison for accounting-related issues and reporting

Assist in weekend and intraday residue gas sales for various gas processing plants

Facilitate short-term and month-to-month gas transportation procurement strategies

Generate commercial reports from Allegro and maintain operational spreadsheets to improve team communication

Qualification

Residue ForecastingMarket AnalysisETRM SystemMicrosoft ExcelAnalytical SkillsEnergy Industry CertificationsMidstream Natural Gas KnowledgeCommunication SkillsTeam CollaborationOrganizational Skills

Required

Bachelor's degree in accounting, Business, Economics or related fields

Advanced level of proficiency with Microsoft Excel, PowerPoint & Word

Strong communication and documentation skills, including the ability to interact effectively with various levels of staff and management

Motivated, self-directed and detail-oriented, while also maintaining a results-driven approach to work; Demonstrated accountability skills including the ability to take ownership of assigned tasks

Strong analytical skills, including the ability to recognize and research irregularities and inconsistencies

Deadline oriented with excellent organizational skills with close attention to detail, including organization of work papers

Effective in a dynamic environment, adapting to and managing change in a positive and proactive manner

Capable of establishing effective working relationships that promote teamwork and collaboration

Ability to remain positive, professional, determined, calm and focused when faced with challenging situations

Regular and reliable attendance