Welcome to ConocoPhillips, where innovation and excellence create a platform for opportunity and growth. Come realize your full potential here.

Who We Are

We are one of the world’s largest independent exploration and production companies, based on proved reserves and production of liquids and natural gas. With operations and activities in 13 countries, we explore for, develop, and produce crude oil and natural gas globally. We are challenged with an important job to safely find and deliver energy to the world. Our employees are critical to our success, and with them we power civilization.

We’re grounded by our SPIRIT Values – safety, people, integrity, responsibility, innovation, and teamwork. These values position us to deliver strong performance in a dynamic business – but not at all costs. We believe it’s not just what we do – it’s how we do it – that sets us apart.

Fostering an Inclusive Work Environment

To deliver superior performance, we create an environment that respects the contributions and differences of every individual. Wherever possible, we use these differences to drive competitive business advantage, personal growth and, ultimately, create business success.

Job Summary

The Fixed Price Basis Trader, Gas & Power, plays a critical role in strengthening ConocoPhillips’ market position and optimizing value across our Canadian natural gas portfolio. This role is designed for a commercially driven professional who thrives in fast-moving markets, identifies opportunity in complexity, and can translate market insight into disciplined, high‑impact trading strategies.

As a key contributor to the North America Gas & Power (NAGP) organization, you will take ownership of a trading portfolio focused on fixed‑price and basis exposure in Western Canada. You will lead strategies that enhance realized margins, expand market access, deepen customer relationships, and support the growth of our third‑party marketing business. Success in this role means delivering strong risk‑adjusted returns, strengthening governance practices, and collaborating across internal teams to ensure best‑in‑class operational execution.

This position is based in Calgary and operates Monday through Friday.

Position Overview

Your responsibilities may include:

Trading & Risk Management

• Manage and optimize fixed‑price and forward basis exposure across Canadian markets, with focus on Western Canada and AECO‑linked dynamics

• Develop and execute trading and marketing strategies that achieve P&L and risk‑adjusted return targets within defined governance and authority levels

• Monitor market fundamentals—including supply/demand trends, weather impacts, storage behavior, and regional transportation constraints—to inform trading decisions

• Apply disciplined risk management practices, ensuring compliance with Value‑at‑Risk (VaR) parameters, internal controls, and risk policies

• Maintain strong understanding of NYMEX exposure and associated hedging frameworks to support Canadian portfolio needs

Customer Development & Market Access

• Expand ConocoPhillips’ Canadian footprint by originating and structuring deals that support volume growth, margin enhancement, and market diversification

• Develop new customer relationships and deepen engagement with producers, end users, marketers, and pipeline operators

• Advance market access strategies and longer‑term offtake initiatives to strengthen portfolio resilience

Governance, Compliance & Controls

• Ensure all trading activity meets internal control standards, regulatory requirements, and ethical expectations

• Partner with Risk, Compliance, Legal, Audit, Credit, and other stakeholders to maintain strong governance discipline

• Maintain accurate, timely documentation, trade records, and confirmations

Collaboration, Leadership & Communication

• Collaborate with internal teams—including scheduling, operations, settlements, and accounting—to ensure seamless execution

• Prepare high‑quality reporting and presentations for internal stakeholders (e.g., market outlooks, performance updates, strategy summaries)

• Contribute to a dynamic trade floor environment; support capability development and mentor junior team members as appropriate

Basic/Required:

• Legally authorized to work in Canada on a regular, full‑time basis without restrictions

• 10 or more years of experience with fixed‑price and basis trading

• Experience in natural gas marketing/trading or relevant commercial functions,

• Knowledge of Canadian market fundamentals

• Willing and able (with or without reasonable accommodation) to be in the office during bid week and support business needs outside standard hours, including occasional evenings, weekends, or holidays as required

• Willing and able (with or without reasonable accommodation) to travel domestically and/or internationally up to 10% of the time on a yearly basis

Preferred:

• Experience trading or optimizing AECO basis, storage assets, and transportation optionality; familiarity with NYMEX hedging

• Strong quantitative and analytical skills, with proven ability to translate market insights into actionable commercial strategies

• Deep knowledge of Western Canadian transportation infrastructure, supply/demand dynamics, and North American market linkages

• Understanding of pipeline tariffs, commercial agreements, and regulatory requirements

• Proficiency with Microsoft Excel, Word, and PowerPoint; familiarity with trading platforms and risk systems

• Demonstrated ability to operate effectively under pressure, deliver on commitments, and maintain high ethical standards

• Experience mentoring junior traders or supporting team capability development

• Builds strong relationships based on trust and seeks opportunities to collaborate across the matrix/organizational boundaries to achieve business goals

• Analyzes stakeholder needs, global, political, and market trends to understand how they shape the future and impact our business results

Apply By: 

Feb 23, 2026

Sponsorship:

ConocoPhillips’ sponsorship for employment authorization in the country where this job is located is NOT available for this position.

EEO:

ConocoPhillips is an equal opportunity employer.