Trading and Risk

Working From Home For the Holidays – Tips for Risk Analysts

byLaura Blewitt

As most risk analysts know, it’s difficult to truly observe a local holiday at home when your company does international trade deals with countries all over the world.

It’s scarcely any different for those of us who work in the business of distributing, collecting, or analyzing market data. The imports, exports, and pipeline flows you need to analyze don’t stop coming in because it’s a holiday. And neither does the data that Enverus delivers.

This fact of the business was all too real for some of us over the past Thanksgiving holiday. The Friday after Thanksgiving may seem to be a sacred holiday to us in the United States, but the rest of the world is still open for business.  As my American colleagues and I struggled through Teams meetings on the Monday morning after a long weekend, one admitted he got pulled back in to his work-from-home office due to the non-stop and global nature of our business.

This year, most of us will be staying home for the holidays. And for some of us, this means working from home for the holidays, probably for the first time ever. Striking a work-life balance in 2020 has been a delicate tightrope walk, especially for the members of our workforce who also happen to be raising families.

How can energy analysts and traders strike the right balance – especially during the busy end-of-year season when family time matters most?

  1. Make the most of automation – cut down on process

    When it comes to forward curves risk management, it’s pretty simple: if your forward curves aren’t automated, you’re doing it wrong. Maybe you’re manually managing dozens of individual data integration points, or using multiple Excel spreadsheets with cross-workbook references to generate curves. Ask yourself, why? Your time is precious, and there’s a faster way.

    We recently presented a public demo of our CurveBuilder technology, which shows how quickly anyone on the trade floor can create a new and complex curve. Our team also showed how forward curve formulas can be quickly updated and edited between traders and analysts. You can watch the full presentation here.

  2. Get holiday calendars in line (and automated)

    In commodity markets, missing a calendar roll can cost analysts and traders big. It’s no small task to maintain and manage the various market calendars that are ever changing, rolling and taking bank holidays.

    Enverus Calendar Manager changes that and takes away all the stress of aligning calendars in order to create accurate forward curve analysis. Watch our demo and skip to 19:30 to get straight to CurveBuilder calendar feature that literally makes our customers cheer!

  3. Save time on end-of-year audits – track every change

    Risk managers and traders know all about how important it is to get thorough audits done in a timely matter. For the risk managers who are tasked with identifying every possible market risk and must maintain a mitigation strategy that is constantly updated and provided to executive teams,
    CurveBuilder’s audit trails are a business necessity.

    With CurveBuilder, risk analysts and traders are beginning to see how much easier forward curve risk management can be. The tool is easy to use; and users find the sophistication of simplicity when using CurveBuilder to assemble forward curves.

    Bringing an enterprise-wide solution to your trade shop – and one that helps everyone in your organization thrive, even while working from home – can take months to consider and approve internally. To get a more digestible idea of what’s possible with CurveBuilder, try signing up for our proof of concept.

Laura Blewitt

Laura Blewitt

Subscribe to the Enverus Blog

A weekly update on the latest “no-fluff” insight and analysis of the energy industry.

Related Content

Intelligence Publications
ByErin Faulkner

Operators in Oklahoma’s SCOOP and STACK plays have been improving their economics with “super pads,” which contain wells completed with more than 3,100 lb/ft of proppant, according to Enverus Intelligence® | Research (EIR). The resulting uptick in productivity can shave...

Energy Analytics Energy Transition
ByKevin Runciman

In recent years, the oil and gas industry has witnessed a remarkable shift in focus towards environmental performance, driven by the growing importance of environmental, social and governance (ESG) considerations. Among the various environmental concerns, reducing flaring has emerged as...

Energy Analytics Energy Transition
ByAndrew Gillick

In case you missed it, Enverus virtually hosted EVOLVE, our flagship conference, May 16-17. The event included two full days of presentations, panels and keynotes, distilling the most relevant data and thoughts on the industry today.  Below Andrew Gillick, managing director...

Energy Analytics Other
ByShane Reddell

In the current landscape of heightened environmental and social consciousness, upstream oil and gas companies face significant challenges in achieving favorable refinancing for their existing credit facilities. These challenges are compounded by the recent volatility in the debt markets and...

Energy Analytics Intelligence Publications
ByMaurice Smith

Wildfires that have already scorched more than double the average annual fire destruction across Alberta forced the shut-in of more than 300,000 boe/d while threatening future shuttering of output from the so-far largely unaffected oil sands region. Record temperatures saw...

Energy Analytics Energy Transition
ByHeather Leahey

CO2 containment risk has become one of the most popular topics among our clients evaluating CCUS projects. Operators need to understand and evaluate subsurface features that could trigger CO2 migration and containment losses as well as introduce additional safety, reputational...

Energy Analytics Energy Transition
ByRyan Luther

Anyone who thinks spending time at a public charging station is a blocker to buying an electric vehicle (EV) might want to consider the numbers behind EV and internal combustion engine (ICE) vehicle refueling times. The answer is that it...

Enverus Blog - 6 tax preparation tips for mineral and royalty managers
Energy Analytics
BySilas Martin

Recent years have been a roller coaster for mineral buyers, from record low commodity prices to highs for oil and natural gas in the last year. Going forward, challenges and opportunities will be plentiful. We expect oil prices between $80...

Power and Renewables
ByKenneth Curtis

It’s that time of year when generator and transmission outages are at their peak in PJM. The first half of April has not disappointed volatility-wise as the WHUB/NIHUB spread has set new 30-day highs largely driven by congestion. Figure 1:...

Let’s get started!

We’ll follow up right away to show you a quick product tour.

Let’s get started!

We’ll follow up right away to show you a quick product tour.

Sign up for our Blog

Access Product Tour

Speak to an Expert