Sprague Energy

Natural Gas Trader

Portsmouth, NH

full_time

About This Job

Sprague is passionate about delivering the diverse products and programs that warm, power and move the world. We keep homes warm through Northeastern winters and hospitals cool through summer. We help small businesses focus on serving their communities, and our renewable fuels keep our country’s infrastructure running. From importing wind energy components to deploying leading-edge solar technology to help power terminal facilities, we are committed to continually evolving to meet our customers’ changing energy needs.

Our Culture

We recently surveyed our employees to ask them their favorite part of the job. They answered, "The people I work with."

In addition to great coworkers, you’ll enjoy perks like medical benefits and retirement contributions that start on your first day. Employees start with three weeks (15 days) of paid vacation time per year! Sprague also provides tuition reimbursement for any employee that would like to further their education. Do you like to get involved where you work? Is giving back important to you? It’s important to us, too! Sprague donates back to the communities in which we live and work every year and provides opportunities for employees to support various charities throughout the year. In addition, Sprague offers paid volunteer time to allow employees to support charities which are meaningful to them in the communities in which they live. Sprague has a range of committees to support varying initiatives (Sustainability, Charitable, Scholarship, Innovation, FunForce, etc.). Sprague is a place that cares about its employees, its community, and about creating a place where people want to come to work every day.

Plus, we have some great benefits!

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401(k) Traditional and Roth plans with employer match of 100% of the first 6% of the employee’s contribution

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Defined Contribution Plan with an automatic contribution from Sprague

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Paid Volunteer Time

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Choice of high deductible and PPO Health Plans to fit your individual needs

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Wellness Program

We want to hear from you!

The Natural Gas Trader is responsible for managing the purchase, sale, and optimization of physical and/or financial natural gas positions in North East and Mid Atlantic markets. This role requires strong knowledge of market fundamentals, regulatory constraints, and transportation logistics to capitalize on market opportunities and optimize portfolio value.

Major Duties / Responsibilities:

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Execute daily physical and financial trades across Northeast and Mid-Atlantic Gas Hubs.

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Identify and act on arbitrage opportunities across hubs and time horizons

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Work with schedulers to nominate, confirm, and balance gas flows on major pipelines

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Monitor trading positions and exposures to ensure compliance with internal risk limits and credit thresholds.

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Build and maintain strong relationships with counterparties, pipelines, marketers, utilities, and internal stakeholders

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Manage the Fixed book portion of the forward book by pricing forward deals and buying and selling Nymex Ice lots to hedge.

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End of day reconciliation of Fixed book with Risk group and Retail Pricing Operations.

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Other duties as assigned

Education / Experience / Skill Requirements:

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BS, BA in business management or a related field, or AS with 2+ years of relevant experience

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Strong understanding of natural gas markets, pricing mechanisms, and infrastructure

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Strong desktop computing skills, especially Microsoft Excel and Access

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Proficient in trading platforms (e.g., ICE, CME, NGI), ETRM systems, and Excel.

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Excellent analytical, problem-solving, and decision-making skills.

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High degree of initiative, accountability, and ability to perform under pressure.

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Strong written and verbal communications skills

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Strong time management skills, including the ability to juggle multiple tasks and operate under regular deadlines

Who we are:

Sprague takes a collaborative, customer-centric approach to providing best-in-class energy products and related services throughout the Northeast. Founded in 1870, we pride ourselves on offering customers the expert solutions and high-quality service that help their businesses thrive in any market landscape. Sprague values innovation, safety, integrity and people. We know that our people are what set us apart from our competition, and we work hard to make sure each employee across our 20+ locations knows how important they are to our community.

Come join us to learn why we are consistently celebrating 20-, 30-, and even 40-year anniversaries here at Sprague!

Sprague is an EEO/AA employer. We strongly encourage minorities, females, Vets and individuals with disabilities to apply.

As a federal contractor we adhere to OFCCP employment regulations. Click here for OFCCP compliance information

Equal Opportunity Employer

This employer is required to notify all applicants of their rights pursuant to federal employment laws. For further information, please review the Know Your Rights notice from the Department of Labor.