Natural Gas Storage Trader

Welcome to ConocoPhillips, where innovation and excellence create a platform for opportunity and growth. Come realize your full potential here.

We are one of the world’s largest independent exploration and production companies, based on proved reserves and production of liquids and natural gas. With operations and activities in 13 countries, we explore for, develop, and produce crude oil and natural gas globally. We are challenged with an important job to safely find and deliver energy to the world. Our employees are critical to our success, and with them we power civilization. We’re grounded by our SPIRIT Values – safety, people, integrity, responsibility, innovation, and teamwork. These values position us to deliver strong performance in a dynamic business – but not at all costs. We believe it’s not just what we do – it’s how we do it – that sets us apart. Fostering an Inclusive Work Environment To deliver superior performance, we create an environment that respects the contributions and differences of every individual. Wherever possible, we use these differences to drive competitive business advantage, personal growth and, ultimately, create business success.

ConocoPhillips is seeking a highly motivated Natural Gas Storage Trader to join its North America Gas and Power business. This position is responsible for managing and optimizing a portfolio of natural gas storage assets across the Lower 48 United States. The successful candidate will combine commercial acumen, market expertise, and disciplined risk management to maximize the value of storage assets while supporting broader trading and marketing objectives. This role requires deep knowledge of North American natural gas markets, storage and transportation infrastructure, and physical and financial trading strategies. The individual will work closely with commercial, risk, compliance, legal, and operations teams to identify opportunities, execute transactions, and ensure adherence to governance and regulatory requirements.

Overview Your responsibilities may include: Trading and Risk Management Manage and optimize forward basis and time-spread positions associated with the storage asset portfolio. Develop and execute trading strategies to achieve profit and loss targets while maintaining compliance with applicable risk limits. Monitor market fundamentals, supply and demand trends, storage inventories, transportation constraints, and regional pricing dynamics. Evaluate market opportunities and execute transactions that generate risk-adjusted returns. Apply disciplined risk management practices to ensure compliance with delegated trading authorities and risk policies. Storage Asset Optimization Maximize value from storage assets through physical and financial optimization strategies. Identify and capture market opportunities in forward and prompt markets. Provide commercial input regarding storage acquisition requirements and optimization opportunities across regional trading teams. Partner with physical trading teams to enhance portfolio performance and operational flexibility. Stakeholder Engagement Build and maintain productive relationships with customers, counterparties, and market participants. Collaborate with Physical Traders, Risk Management, Compliance, Legal, Settlements, and Operations teams to achieve business objectives. Support franchise growth through customer engagement, market intelligence, and commercial opportunity development. Governance and Compliance Ensure trading activities comply with internal policies, delegated authorities, and regulatory requirements. Maintain accurate trade capture, documentation, and transaction records. Partner with Risk, Compliance, and Audit teams to support governance processes and controls. Conduct business activities in a manner consistent with ConocoPhillips' values and ethical standards. Leadership and Collaboration Foster a collaborative, high-performing trading