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Natural Gas Basis Trader Jobs (NOW HIRING)

Traders in Gas Supply and Trading (GSAT) Americas are responsible for generating Natural Gas trading earnings through advanced insights into market fundamentals and analytics while effectively ...

Traders in Gas Supply and Trading (GSAT) Americas are responsible for generating Natural Gas trading earnings through advanced insights into market fundamentals and analytics while effectively ...

Our client is seeking a Senior Natural Gas Trader to lead trading activities across the Northeast market, developing and executing strategies that maximize the value of a diverse natural gas ...

... basis relationships and market drivers. * Structure and negotiate gas supply, purchase ... Direct experience in natural gas trading, marketing, or commercial activities within Oklahoma and ...

... basis relationships and market drivers. * Structure and negotiate gas supply, purchase ... Direct experience in natural gas trading, marketing, or commercial activities within Oklahoma and ...

About the Position We're looking for an experienced Natural Gas Analyst/Trader to help our team research new strategies that incorporate fundamental views into our natural gas trading. Our team has ...

About the Position We're looking for an experienced Natural Gas Analyst/Trader to help our team research new strategies that incorporate fundamental views into our natural gas trading. Our team has ...

Natural Gas Scheduler/Trader

Houston, TX · On-site

$17.25 - $23/hr

Bachelor's in Finance, Business, Economics, Math * 8+ years of natural gas scheduling and some cash trading required * Highly prefer local Houston candidates--no relocation will be provided * No ...

... and basis market behavior to identify commercial and trading opportunities. * Deliver short ... Evaluate structured natural gas transactions, transportation agreements, storage contracts, and ...

... and basis market behavior to identify commercial and trading opportunities. * Deliver short ... Evaluate structured natural gas transactions, transportation agreements, storage contracts, and ...

... and basis market behavior to identify commercial and trading opportunities. * Deliver short ... Evaluate structured natural gas transactions, transportation agreements, storage contracts, and ...

Supply, Trading & Shipping Job Family Group: Supply & Trading Group About Us Our purpose is to ... We do not discriminate on the basis of protected characteristics like race, religion, color, sex ...

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Natural Gas Basis Trader information

See salary details

$99.5K

$115K

$129K

How much do natural gas basis trader jobs pay per year?

As of Jul 26, 2026, the average yearly pay for natural gas basis trader in the United States is $115,000.00, according to ZipRecruiter salary data. Most workers in this role earn between $107,500.00 and $122,500.00 per year, depending on experience, location, and employer.

What does a Natural Gas Basis Trader do?

A Natural Gas Basis Trader is responsible for buying and selling natural gas contracts that are priced based on the difference (or 'basis') between regional market prices and a benchmark price, such as the Henry Hub. They analyze market trends, weather patterns, supply and demand dynamics, and transportation constraints to identify trading opportunities and manage risk. Their work helps energy companies, utilities, and financial firms optimize their energy portfolios and hedge against price fluctuations in different geographic markets.

How much does a gas trader earn?

A natural gas basis trader's salary typically ranges from $70,000 to $150,000 annually, depending on experience, location, and the size of the trading firm. Senior traders or those with specialized skills and certifications can earn higher compensation, often including bonuses based on performance.

What are some common challenges faced by Natural Gas Basis Traders, and how can they be managed?

Natural Gas Basis Traders often encounter challenges such as market volatility, unpredictable weather patterns, and shifting regulatory environments. Managing these requires strong analytical skills, effective risk management strategies, and ongoing communication with both internal teams and external counterparts. Collaboration with research analysts, schedulers, and risk managers is crucial to stay ahead of market movements. Staying informed about infrastructure changes, regional supply-demand shifts, and pipeline constraints also helps mitigate potential risks.

How much do natural gas traders make?

Natural gas traders typically earn between $70,000 and $150,000 annually, with experienced traders and those in senior roles earning higher salaries. Compensation often includes bonuses based on trading performance, and strong analytical skills and market knowledge are essential for success in this role.

How do natural gas traders make money?

Natural gas traders make money by buying and selling natural gas contracts or physical supplies to capitalize on price fluctuations. They analyze market data, use trading strategies, and manage risk to generate profits in a highly volatile environment. Success often depends on market knowledge, timing, and risk management skills.

What are the key skills and qualifications needed to thrive as a Natural Gas Basis Trader, and why are they important?

To thrive as a Natural Gas Basis Trader, you need strong analytical skills, a deep understanding of energy markets, and typically a degree in finance, economics, or a related field. Proficiency with trading platforms, risk management software, and market data analysis tools is crucial, as are relevant certifications like the Series 7 or 63. Exceptional decision-making, stress management, and communication skills help traders excel in fast-paced and often volatile market environments. These competencies enable traders to make informed, timely decisions that optimize profitability and manage risk effectively in the complex energy sector.

What is the difference between Natural Gas Basis Trader vs Natural Gas Trader?

AspectNatural Gas Basis TraderNatural Gas Trader
CredentialsRelevant finance or energy certifications, trading experienceSame as Basis Trader, often with additional market analysis skills
Work EnvironmentTrading floors, energy markets, risk management teamsTrading desks, energy companies, commodity exchanges
Industry UsageFocuses on price differentials between locationsDeals with buying/selling natural gas contracts and commodities

The main difference is that a Natural Gas Basis Trader specializes in managing price spreads between locations, while a Natural Gas Trader handles overall buying and selling of natural gas contracts. Both roles require similar credentials and work in energy trading environments, but their focus areas differ within the natural gas market.

How do you become a natural gas trader?

To become a natural gas trader, individuals typically need a bachelor's degree in finance, economics, or a related field, along with strong analytical skills and knowledge of energy markets. Gaining experience through internships or entry-level trading roles and developing expertise in trading platforms and market analysis are also important steps.
More about Natural Gas Basis Trader jobs
What cities are hiring for Natural Gas Basis Trader jobs? Cities with the most Natural Gas Basis Trader job openings:
Infographic showing various Natural Gas Basis Trader job openings in the United States as of July 2026, with employment types broken down into 1% As Needed, 75% Full Time, 20% Part Time, 1% Temporary, 2% Contract, and 1% Nights. Highlights an 95% Physical, 2% Hybrid, and 3% Remote job distribution, with an average salary of $115,000 per year, or $55.3 per hour.
Natural Gas Trader

Full-time

Posted 5 days ago


Chevron rating

6.1

Company rating: 6.1 out of 10

Based on 218 frontline employees who took The Breakroom Quiz

68th of 86 rated oil and gas companies


Job description

Total Number of Openings

1

Chevron is accepting online applications for thepositionNatural Gas Trader through 08/04/2026 at11:59 p.m.Central Time Zone

Overview:

Supply and Trading (S&T) is the commercial link to the market for Upstream and Downstream & Chemicals (DS&C). S&T applies its knowledge of commodity markets, the well-head to customer value chain and transportation logistics in the crude, gas, and refined products markets to maximize the value of enterprise assets, enable the commercial success of Upstream and DS&C, and trade for profit. S&T buys, sells, and supplies crude oil, refined products, natural gas, and gas liquids to support Chevron's crude and gas production operations and its refining and marketing network. S&T integrates enterprise-wide supply and trading capabilities to capture commercial opportunities across the entire value chain through commercial functional excellence.

Traders in Gas Supply and Trading (GSAT) Americas are responsible for generating Natural Gas trading earnings through advanced insights into market fundamentals and analytics while effectively managing risk. The natural gas team is active in the U.S. Northeast, Midwest, Southeast, Texas/Permian, Mid Continent/ Rockies and West markets.

We are currently seeking a high-energy professional who is results-focused with sound business and trading acumen to join our dynamic organization as a Natural Gas Trader with a focus on both physical and financial markets. Ideal candidates should be natural team players, eager to learn and grow, and have an eye for innovation and continuous improvement. Chevron provides an outstanding culture, inclusive leadership, career growth opportunities, and the tools for success - you bring the Human Energy!

This position of Natural Gas Trader will be part of a fully integrated team including originators, analysts, and schedulers located in Houston.

Responsibilities of the position may include but are not limited to:

Identify and execute for-profit trades related to Chevron Natural Gas assets

Develop physical and financial trading strategies

Demonstrate strong discipline in position development and risk management

Work closely with originators to identify, evaluate and negotiate structured trading opportunities

Engage with industry experts and maintain strong internal and external relationships.

Have a strong understanding of underlying markets, ability to evaluate trends and share point of view with broader Team

Provide visible leadership by working with team members in the development of regional and global trading strategies for short to long term time horizons.

Communicate market strategy, transactions, position, and operational requirements to team and supporting staff

Ensure all trading activities are conducted within appropriate delegations of authority and conform with Risk Manual Guidelines and controls

Is considered as subject matter expert within Chevron and the industry in area of responsibility

Possess thorough understanding of the CFTC/FERC regulatory framework as applicable to the North American Natural Gas market

Required Qualifications:

Strong knowledge of the US natural gas market

Bachelor's degree

2+ years of physical trading and/or financial trading in US natural gas markets

Flexibility and availability to execute 24/7 trading activities

Team player and ability to work in fast-paced environment

Firm understanding of risk management

Excellent communication skills

Strong analytical and problem-solving skills

Digital mindset and innovative thinker

Desire to grow in the trading organization

Believe in getting results the right way

Preferred qualifications:

Experience trading in the Texas market

Experience using Open Link's Endur trade capture system

Technical and fundamental analysis experience.

Relocation Options:

Relocation not considered.

International Considerations:

Expatriate assignments will not be considered.

Chevron regrets that it is unable to sponsor employment Visas or consider individuals on time-limited Visa status for this position.

U.S. Regulatory notice:

Chevron is an Equal Opportunity employer. All qualified applicants will receive consideration for employment without regard to race, color, religious creed, sex (including pregnancy), sexual orientation, gender identity, gender expression, national origin or ancestry, age, mental or physical disability, medical condition, reproductive health decision-making, military or veteran status, political preference, marital status, citizenship, genetic information or other characteristics protected by applicable law.

We are committed to providing reasonable accommodations for qualified individuals with disabilities. If you need assistance or an accommodation, please email us at emplymnt@chevron.com.

Chevron participates in E-Verify in certain locations as required by law.


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About Chevron

Sourced by ZipRecruiter

Chevron is one of the world's leading integrated energy companies. We believe affordable, reliable and ever-cleaner energy is essential to achieving a more prosperous and sustainable world. Chevron produces crude oil and natural gas; manufactures transportation fuels, lubricants, petrochemicals and additives; and develops technologies that enhance our business and the industry. We are focused on lowering the carbon intensity in our operations and seeking to grow lower carbon businesses along with our traditional business lines. More information about Chevron is available at www.chevron.com.

Industry

Oil and coal products manufacturing, civic and social organizations and oil and gas extraction

Company size

10,000+ Employees

Headquarters location

San Ramon, CA, US

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