Natural Gas Price Volatility Leads to 4% Sales Increase for Marketers

Despite the flood of natural gas on the market and stubbornly low prices, higher trading volumes should come as no surprise, according to one market consultant.. read more

Top North American Gas Marketers (Bcf/d)

 

Company

2Q2012

2Q2011

Change

1.

BP

23.60

21.30

11%

2.

ConocoPhillips

16.27

14.96

9%

3.

Shell Energy NA

13.13

12.00

9%

4.

Macquarie Energy*

10.13

9.79

3%

5.

EDF Trading NA

7.30

7.00

4%

6.

Tenaska

6.50

5.90

10%

7.

JP Morgan

6.28

6.40

-2%

8.

Louis Dreyfus

5.64

4.91

15%

9.

Chevron

5.60

6.23

-10%

10.

Sequent

4.90

4.70

4%

11.

ExxonMobil **

4.29

4.31

-0%

12.

J. Aron & Co.***

4.13

3.12

32%

13.

Citigroup

3.20

3.61

-11%

14.

Chesapeake**

3.02

2.57

18%

15.

Encana**

2.80

3.31

-15%

16.

Devon**

2.57

2.64

-3%

17.

Anadarko

2.54

2.33

9%

18.

Hess

1.86

1.90

-2%

19.

Southwestern Energy Co

1.85

1.69

9%

20.

ONEOK

1.65

2.11

-22%

21.

Apache**

1.46

1.52

-4%

22.

CenterPoint Energy

1.40

1.38

1%

22.

Gavilon

1.40

1.22

15%

24.

Canadian Natural

1.26

1.24

2%

25.

Gazprom

1.14

2.00

-43%

26.

BOA Merrill Lynch

1.08

1.07

1%

27.

Atmos

0.86

0.97

-11%

 

Total

135.86

130.18

4%

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.