North American Gas Trading Stabilizes, But Sales Still Flat

Marketers reported an overall 4Q2009 decrease of less than 1% from the previous year's period, but a flood of of production from shale plays could influence the market's next move. read more

Top North American Gas Marketers (Bcf/d)

 

Company

4Q2009

4Q2008

Change

1.

BP

29.00

32.50

-11%

2.

Shell Energy NA

15.50

13.80

12%

3.

ConocoPhillips

14.10

14.10

0%

4.

Macquarie Cook Energy*

10.27

n/a

n/a

5.

Louis Dreyfus

8.65

7.26

19%

6.

RBS Sempra

6.20

6.99

-11%

7.

Chevron

6.12

7.04

-13%

8.

Tenaska

6.00

5.50

9%

9.

Nexen

5.00

5.90

-15%

10.

EDF Trading NA

4.05

n/a

n/a

11.

JP Morgan

3.57

n/a

n/a

12.

Sequent

3.44

2.70

27%

13.

ONEOK

2.89

3.20

-10%

14.

EnCana**

2.69

2.98

-10%

15.

Devon**

2.45

2.64

-7%

16.

Chesapeake**

2.44

2.13

15%

17.

XTO**

2.37

2.17

9%

18.

Anadarko

2.08

2.20

-5%

19.

ExxonMobil**

1.94

1.83

6%

20.

Citigroup

1.89

n/a

n/a

21.

Enserco

1.86

2.24

-17%

22.

CenterPoint Energy

1.46

1.48

-1%

23.

Merrill Lynch

1.31

1.90

-31%

24.

Canadian Natural

1.25

1.43

-13%

25.

Apache**

1.02

0.93

10%

26.

Atmos

0.95

1.01

-6%

 

Total

141.39

n/a

n/a

Source: Quarterly financial reports with the Securities and Exchange Commission, or if necessary, statements signed by company officials and provided to NGI. Some previous-year data has been updated by the companies since it was originally reported.

Companies providing data directly to NGI include BP, Chevron, Citigroup, ConocoPhillips, EDF Trading NA (formerly Eagle Energy Partners), JP Morgan, Louis Dreyfus, Merrill Lynch, RBS Sempra, Shell Energy and Tenaska. *Macquarie Cook integrated Constellation Energy's gas trading business into its operation at the beginning of April 2009. No combined data is available for 4Q2008. Macquarie Cook Energy data reflects Macquarie Cook Energy LLC's transactions in the United States and Macquarie Cook Energy Canada's transactions in Canada. **The gas volume figures for Apache, Chesapeake, Devon, EnCana, ExxonMobil and XTO represent the amount of North American gas produced in the quarter. Those companies may be marketing more third-party gas for sale.