Forward Curves, Part 3: How Do Curve Building Tools Work?
In our previous blog, Why Do Traders Need Forward Curves?, we identified some of the challenges that are faced when traders are trying to predict prices in the future. Curve building tools, such as CurveBuilder from Enverus, can automatically calculate and generate forward curves based upon multiple numerical inputs, through a very simple user interface. […]
Forward Curves, Part 2: Why Do Traders Need Forward Curves?
Energy trading companies need to know the current market price for all forward deals that were made on their trading desks so that they can properly evaluate every deal and generate a profit and loss (P&L) report and evaluate their risk exposure. This current market price comes from the forward curve, which is normally owned […]
Forward Curves, Part 1: What Is a Forward Curve?
Storing big quantities of energy products — gas, oil or even electricity — for later consumption is expensive and a logistical nightmare. However, energy consumers and producers have a desire to lock in the price today for energy that they need to use or produce in the future. Therefore, in energy markets, it is common […]
5 Ways Attending the EVOLVE Conference Will Elevate Your Energy Business Strategy
The energy industry is feeling pressure from all sides — from a growing demand for energy diversification and a focus on production levels fueled by geopolitical events, to price inflation driving up costs while investors stand firm on their demand for capital discipline and more free cash flow. The stakes have never been higher than […]
Enverus Knowledge Hub: On-Demand Energy Insights
In the rapidly evolving energy industry, staying on top of market trends can be complex and overwhelming. As difficult as it is to stay up to speed with so many moving pieces, having a comprehensive view of the energy market is critical to making the best business decisions. Now, there’s a way to stay plugged into energy […]
Five Questions for ETRM Users Generating Forward Curves
As ETRM users move away from their legacy, Excel-based forward curves, they are choosing to collaborate with external partners to give them the flexibility, scalability and compliance options they need. But what questions should you address before you decide to collaborate with a solution provider? Will you have access to the data you need? Ensure […]
Top 3 Reasons ETRM Users Outsource Curve Management
For daily ETRM users, managing and maintaining accurate forward curves is a critical component of commodity trading and risk management because it provides a snapshot of what a commodity is worth today, based on a buy or sell in the future. Premier forward curve analysis is essential to increasing trading teams’ operational efficiencies, managing compliance, […]
Automate Trading Reporting Efficiency With MarketView APIs
Access to the right commodity market data at the right time is key to the success of traders, quants, risk managers and back-office professionals. Enverus’ MarketView APIs provides just that. While many of our competitors focus on front-end solutions, MarketView also offers an API to help deliver the market data needed by the top global […]
ERCOT Outage: How Large a Role Did Natural Gas Play?
The cold snap that hit the central U.S. in mid-February not only crippled Texas, but also supported price spikes from neighboring states all the way to California. The Southwest Power Pool (SPP) and Midcontinent Independent System Operator (MISO) manage the electricity grid for Oklahoma (SPP) and Louisiana (MISO). In addition, the California ISO (CAISO), which […]
Rollicking Tales of Traders Who No Risk Manager Could Save
So, you think you know risk management? Have a seat. The World For Sale wants to show you a thing or two. Javier Blas and Jack Farchy’s debut book, The World For Sale, isn’t about the types of traders who are typically glamorized by Hollywood in movies like The Wolf of Wall Street or The […]