Introduction to Energy Trading and Hedging - PEICE
|Event Date/Time: Sep 12, 2011||End Date/Time: Sep 13, 2011|
|Registration Date: Sep 12, 2011|
|Early Registration Date: Sep 12, 2011|
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.
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 & Controlling Risk Reports
Instructor(s): Detlef Hallermann
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. He is well versed in oil and gas acquisitions, energy trading and risk management. Detlef enjoys hunting, tennis and horseback riding, but his two greatest passions in life are his wife and daughter.
Need more information about this course from the instructor(s)?
Fee: $ 1795 USD
Location Houston, TX
CEU: 1.6 Continuing Education Units
PDH: 16 Professional Development Hours