Marketers Search for Way Out of $2 Doldrums;
Sales Flat in 1Q2012

Relatively warm weather during winter's final months and a halting economic upturn continued to keep a lid on natural gas sales during the first quarter of 2012. read more

Top North American Gas Marketers (Bcf/d)

 

Company

1Q2012

1Q2011

Change

1.

BP

24.30

24.70

-2%

2.

ConocoPhillips

16.20

15.40

5%

3.

Shell Energy NA

13.80

13.90

-1%

4.

Macquarie Energy*

10.99

10.52

4%

5.

EDF Trading NA

7.07

6.98

1%

6.

JP Morgan

6.70

7.26

-8%

7.

Tenaska

6.50

7.30

-11%

8.

Chevron

6.11

6.43

-5%

9.

Sequent

6.00

5.80

3%

10.

Louis Dreyfus

5.94

5.98

-1%

11.

ExxonMobil **

4.31

4.37

-1%

12.

J. Aron & Co.***

3.85

3.89

-1%

13.

Encana**

3.27

3.20

2%

14.

Chesapeake**

2.98

2.70

10%

15.

Citigroup

2.70

2.65

2%

16.

Devon**

2.63

2.53

4%

17.

Hess

2.56

2.88

-11%

18.

Anadarko

2.42

2.41

0%

19.

ONEOK

2.40

2.88

-17%

20.

CenterPoint Energy

1.77

1.72

3%

21.

Southwestern Energy Co.

1.75

1.59

10%

22.

Gavilon

1.47

1.16

27%

23.

Apache**

1.45

1.50

-3%

24.

Canadian Natural

1.30

1.26

3%

25.

BOA Merrill Lynch

1.23

1.10

12%

26.

Atmos

1.10

1.20

-8%

27.

Gazprom

0.95

1.17

-19%

 

Total

141.75

142.48

-1%

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 Bank of America Merrill Lynch, BP, Chevron, Citigroup, ConocoPhillips, EDF Trading NA, Gavilon, Gazprom, J. Aron & Co., JP Morgan, Louis Dreyfus, Macquarie Energy, Shell Energy and Tenaska. *Macquarie Energy data reflects Macquarie Energy LLC's transactions in the United States and Macquarie 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. ***J. Aron & Co. is the commodity trading subsidiary of Goldman Sachs.