What are the responsibilities and job description for the Natural Gas Trading Analyst position at mpc?
An exciting career awaits you At MPC, we’re committed to being a great place to work – one that welcomes new ideas, encourages diverse perspectives, develops our people, and fosters a collaborative team environment. Position Summary The Natural Gas Quantitative Analyst delivers advanced quantitative analytics and modeling capabilities to support MPC’s natural gas trading and supply strategy. This role sits at the intersection of data and natural gas commodity markets, working with predictive models, automated tools, and market signals that drive commercial decision-making across natural gas pricing, storage, basis relationships, and pipeline dynamics. While grounded in natural gas fundamentals, the role is primarily quant-forward The analyst is expected to bring strong programming and modeling expertise, applying rigorous statistical and computational methods to natural gas market problems. This position is designed as a key analytics role with direct proximity to natural gas trading activity, requiring strong quantitative judgment, analytical ownership, and close collaboration with traders and origination teams. Primary Objectives Partner closely with natural gas traders and originators to integrate quantitative tools and signals into day-to-day execution and strategic positioning Develop and maintain quantitative models, signals, and tools to support natural gas trading and supply strategy Apply statistical, ML, and data science methods to identify natural gas pricing dislocations, basis spread opportunities, and storage arbitrage Automate data workflows and deliver dashboards that enhance real-time natural gas market visibility Build deep fluency in natural gas fundamentals – including supply/demand balances, pipeline constraints, and storage dynamics – to contextualize and ground quantitative outputs Key Responsibilities Build and maintain predictive models for natural gas price spreads, regional basis relationships (e.g., Waha, HSC), and forward curve structure Apply time series, regression, and ML techniques to detect tradeable patterns in natural gas markets, including weather-demand relationships, storage deviations, and pipeline flow anomalies; backtest and validate rigorously Collaborate and support the Analytics and Insights team to aggregate and clean data from market feeds, storage reports, pipeline flows, and weather signals, and to automate recurring workflows and maintain dashboards that support real-time trading desk visibility Maintain natural gas supply-demand balance models across key producing basins (e.g., Permian, Marcellus/Utica) and monitor storage trajectories, pipeline infrastructure developments, and relevant regulatory changes Translate fundamental context – including freeze-off events, demand shifts, and seasonal storage balances – into inputs that sharpen quantitative model performance Partner with natural gas traders and originators to embed tools and signals into daily commercial workflows Collaborate with data engineering and IT to produce and scale analytical tools Ensure accuracy, consistency, and integrity across models, market databases, and analytical outputs Distill complex quantitative analysis into clear, actionable insights and communicate effectively with commercial and cross-functional partners Education and Experience Bachelor’s Degree in Business, Finance, Marketing, Economics, Engineering, Marine or related discipline required. Master’s or PhD preferred. Minimum five (5) years experience in Commercial, Risk, Trading Analytics, Marine, Scheduling, or Marketing required. Quantitative analytics experience in energy, commodities, or financial markets preferred. Strong proficiency in Python and Excel for data analysis, modeling, and automation. Experience with statistical modeling, time series analysis, or ML frameworks applied to commodity or financial data. Preferred Experience: Direct exposure to natural gas markets, including familiarity with basis pricing, EIA storage dynamics, and pipeline flows Experience deploying production-grade models or tools to a natural gas or commodities trading desk Bachelor’s or advanced degree in data science, statistics, engineering, mathematics, or a quantitative discipline Familiarity with data visualization or analytics tools such as Power BI, Tableau, or similar platforms Skills Quantitative Modeling Statistical Analysis Python & Data Engineering Natural Gas Market Knowledge Supply Demand Analysis Commercial Awareness Business Acumen Action Planning Data Analysis Process Efficiency Improvements Communication Results Driven Teamwork Location: Houston TX Relocation: Available Estimated Travel: ~10% As an energy industry leader, our career opportunities fuel personal and professional growth. Location: Houston, Texas Additional locations: Job Requisition ID: 00022181 Location Address: 500 Dallas St Ste 2900 Education: Employee Group: Full time Employee Subgroup: Regular Marathon Petroleum Company LP is an Equal Opportunity Employer and gives consideration for employment to qualified applicants without discrimination on the basis of race, color, religion, creed, sex, gender (including pregnancy, childbirth, breastfeeding or related medical conditions), sexual orientation, gender identity, gender expression, reproductive health decision-making, age, mental or physical disability, medical condition or AIDS/HIV status, ancestry, national origin, genetic information, military, veteran status, marital status, citizenship or any other status protected by applicable federal, state, or local laws. If you would like more information about your EEO rights as an applicant, click here. If you need a reasonable accommodation for any part of the application process at Marathon Petroleum LP, please contact our Human Resources Department at talentacquisition@marathonpetroleum.com. Please specify the reasonable accommodation you are requesting, along with the job posting number in which you may be interested. A Human Resources representative will review your request and contact you to discuss a reasonable accommodation. Marathon Petroleum offers a total rewards program which includes, but is not limited to, access to health, vision, and dental insurance, paid time off, 401k matching program, paid parental leave, and educational reimbursement. Detailed benefit information is available at https://mympcbenefits.com.The hired candidate will also be eligible for a discretionary company-sponsored annual bonus program. Equal Opportunity Employer: Veteran / Disability We will consider all qualified Applicants for employment, including those with arrest or conviction records, in a manner consistent with the requirements of applicable state and local laws. In reviewing criminal history in connection with a conditional offer of employment, Marathon will consider the key responsibilities of the role. About Marathon Petroleum Corporation Marathon Petroleum Corporation (MPC) is a leading, integrated, downstream energy company headquartered in Findlay, Ohio. The company operates the nation's largest refining system. MPC's marketing system includes branded locations across the United States, including Marathon brand retail outlets. MPC also owns the general partner and majority limited partner interest in MPLX LP, a midstream company that owns and operates gathering, processing, and fractionation assets, as well as crude oil and light product transportation and logistics infrastructure.