RPS Group
RPS Group

Introduction to Energy Trading and Hedging

Quick Facts for this Event
Date: Sep 14 - 15, 2017
Length: 2 days (8:30 AM - 4:30 PM)
Location: Houston, TX
Delivery Method: Classroom Training
CEU: 1.6 Continuing Education Units
PDH: 16 Professional Development Hours
Certificate: Certificate Issued Upon Completion
Fee: $ 1,695 USD
 
All Dates for this Course
18-Oct-17 Calgary (2 days)$ 1,695 CAD
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Course Description
This two-day course is designed for professionals wishing to obtain a practical understanding of the basic energy derivative structures that are used in trading, marketing and risk management today. An emphasis is placed on understanding how financial tools are added to physical market components to manage the risk faced by both energy users and suppliers. Participants are requested to bring calculators preferably with the natural exponent function to the course.

A complete set of course materials and lunches are included.

Course Syllabus
Download course syllabus
Course Outline
  • Energy Sector Risks (Physical, Financial, Basis, Performance, Cross-Commodity)
  • Natural Gas Index Pricing
  • Crude Oil Pricing
  • Understanding the Forward Curve
  • Energy Forward Curve Behavior - Backwardation/Contango/Cyclicality
  • Basic Hedging Instruments - Futures Contracts and Forwards
  • Basic Hedging Instruments - Fixed-for-Float (Fixed) Price Swap & Basis Swaps
  • Futures Versus Forwards Versus Swaps
  • Transforming Risks using Derivatives
  • Basic Risk Reporting - Position Reports and Mark-to-Market Reports
  • Basic Risk Reporting - Profit/Loss Reports and Value at Risk Reports
  • Managing and Controlling Risk Reports

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Instructor

Detlef Hallermann earned an M.S. and a Ph.D. from the Colorado School of Mines, an MBA from the University of Denver, and a B.S. in Petroleum Engineering from Texas A&M University. He is currently Program Leader for the Reliant Energy Trade Center at Texas A&M University, and an Adjunct Professor for Rice University involved in their Continuing Education Programs. Dr. Hallermann has created programs related to almost all aspects of front and mid-office responsibilities for energy trading, and is well versed in oil and gas acquisitions, energy trading, and risk management.

Training Venue

To avoid potential course disruptions caused by the attendance of unconfirmed registrants, the training venue address will ONLY be provided to registrants upon receipt of payment (via an email confirmation note).

Recommended Hotels

Comfort Suites Westchase (Click Here to View)

Marriott Courtyard Houston Westchase (Click Here to View)

Quality Inn & Suites Westchase-Westheimer (Click Here to View)

Participant Evaluations
Average participant rating 4.5 out of 5 stars
48 participant evaluations
Excellent
 
26
Very Good
 
18
Good
 
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All course reviews are unedited.
October 27, 2016, Director, Human Resources, Calgary
I thoroughly enjoyed this course and the instructor. I left with a great introduction to trading & marketing and I will be more effective in my role as a result.
October 7, 2015, Manager, Technical Business Support, Calgary
I think it was very worthwhile to attend "Energy Trading and Hedging". I learned a lot. I was impressed with the caliber of the instruction and the location/convenience of the facility.
October 7, 2015, Business Development Engineer, Calgary
Detlef did a great job explaining energy forward curve behavior and ways to hedge with excellent examples and kept everyone engaged throughout the course. I learned a lot and really enjoyed the course.
May 25, 2015, Controller, Calgary
This was one of the better courses that I have attended. The material was catered to the group and there was more in depth than many of the other courses I have taken. Highly recommended.
May 22, 2015, Senior Consultant, Calgary
This is a good introduction and overview to trading and hedging, however, it does not have sufficient time to demonstrate the full impact of each type of trade on your income statement and balance sheet.
May 22, 2015, Manager Accounting, Calgary
Interesting course material that was presented in a clear and understandable way.
March 19, 2015, Principal Accountant, Houston
While the class was a little pricy, I feel it was worth every dime. The instructor was engaging and interactive. I would not hesitate to take another course from this professor as he made a very complex topic relatable, understandable, and memorable.
February 14, 2014, Director Commercial Applications, Houston
Informative and interesting introduction to Energy Trading and Hedging. Information was very applicable to my role.
February 10, 2014, Asphalt & Emulsions Sales Manager, Houston
Excellent course! A great deal of information was coveredat the right level of detail. The course material was great and the instructor even better. He was very thorough and provided some great real life examples to help foster understanding of the course content
October 25, 2013, controller, Calgary
Excellent course! instructor has extensive practical and theory based knowledge which aided in explaining concepts