As the energy market continues a metamorphosis that began two years ago, energy trading and marketing practices have had to adapt. While some companies in the energy sector are moving away from pure speculative trading and focusing more on hedging and risk mitigation, others are abandoning the business altogether, noted Standard & Poor’s (S&P) analyst Jack Kennedy.
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S&P Analyst Claims Hedging Has Taken On New Role
As the energy market continues a metamorphosis that began two years ago, energy trading and marketing practices have had to adapt. While some companies in the energy sector are moving away from pure speculative trading and focusing more on hedging and risk mitigation, others are abandoning the business altogether, noted Standard & Poor’s (S&P) analyst Jack Kennedy.
June 3, 2003
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