3Q2012 Marketers Sales Flat, Despite Advances by BP, ConocoPhillips

Increased sales by BP plc and ConocoPhillips, along with a surge by J. Aron & Co., weren't enough to overcome third quarter doldrums among companies selling natural gas, according to NGI's 3Q2012 Top North American Gas Marketers Ranking. read more

Top North American Gas Marketers (Bcf/d)

 

Company

3Q2012

3Q2011

Change

1.

BP

23.10

22.00

5%

2.

ConocoPhillips

16.18

15.31

6%

3.

Shell Energy NA

12.60

13.10

-4%

4.

Macquarie Energy*

9.84

9.77

1%

5.

EDF Trading NA

7.61

7.67

-1%

6.

Tenaska

6.60

5.80

14%

7.

JP Morgan

6.09

6.84

-11%

8.

Chevron

5.65

6.34

-11%

9.

Sequent

5.30

4.90

8%

10.

J. Aron & Co.***

4.48

3.11

44%

11.

Louis Dreyfus

4.33

4.22

3%

12.

ExxonMobil **

4.05

4.29

-6%

13.

Chesapeake**

3.28

2.76

19%

14.

Encana**

2.91

3.37

-14%

15.

Citigroup

2.90

4.60

-37%

16.

Devon**

2.55

2.61

-2%

17.

Anadarko

2.50

2.27

10%

18.

Hess

1.90

1.80

6%

19.

Southwestern Energy Co

1.86

1.67

11%

20.

ONEOK

1.76

2.03

-13%

21.

Gavilon

1.50

1.42

6%

22.

Apache**

1.47

1.48

-1%

23.

CenterPoint Energy

1.40

1.37

2%

24.

Canadian Natural

1.19

1.25

-5%

25.

Gazprom

1.09

1.87

-42%

25.

BOA Merrill Lynch

1.09

0.85

28%

27.

Atmos

0.88

1.03

-15%

 

Total

134.11

133.73

0%

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.