Anemic Prices Flatten Marketers' 4Q2011 Results

Companies participating in NGI's quarterly North American natural gas marketer survey reported nearly the same results in 4Q2011 as in the year-ago period, and a 1% decline in full-year 2011, compared with 2010. read more

Top North American Gas Marketers (Bcf/d)

 

Company

Full Year 2011

Full Year 2010

Change

1.

BP

23.00

26.10

-12%

2.

ConocoPhillips

15.45

14.65

5%

3.

Shell Energy NA

13.20

15.60

-15%

4.

Macquarie Energy *

10.23

11.46

-11%

5.

EDF Trading NA

7.22

6.50

11%

6.

JP Morgan

6.68

4.88

37%

7.

Chevron

6.35

6.77

-6%

8.

Tenaska

6.25

6.30

-1%

9.

Louis Dreyfus

5.58

7.60

-27%

10.

Sequent

5.21

4.57

14%

11.

ExxonMobil **

4.33

3.16

37%

12.

Citigroup

3.57

2.12

68%

13.

J. Aron & Co.

3.42

n/a

n/a

14.

Encana **

3.33

3.18

5%

15.

Chesapeake **

2.75

2.53

9%

16.

Devon **

2.61

2.55

2%

17.

Anadarko

2.33

2.27

3%

18.

ONEOK

2.32

2.52

-8%

19.

Hess

2.17

2.02

7%

20.

Southwestern Energy Co.

1.68

1.36

24%

21.

CenterPoint Energy

1.53

1.50

2%

22.

Enserco

1.52

1.59

-4%

22.

Gazprom

1.52

n/a

n/a

24.

Apache **

1.50

1.13

33%

25.

Gavilon

1.29

n/a

n/a

26.

Canadian Natural

1.26

1.24

2%

27.

Atmos

1.05

0.96

9%

28.

BOA Merrill Lynch

1.01

1.57

-36%

 

Total

138.36

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.

Companies providing data directly to NGI include Bank of America Merrill Lynch, BP, Citigroup, Chevron, ConocoPhillips, EDF Trading NA, Gavilon, Gazprom, J. Aron & Co., JP Morgan, Louis Dreyfus, Macquarie Energy, Shell Energy and Tenaska. *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 and ExxonMobil represent the amount of North American gas produced in the quarter. Those companies may be marketing more third-party gas for sale.