Energy Trader Average Salary

Job Satisfaction

Extremely satisfied Image
Extremely satisfied
Rated 5 out of 5 based on 5 Energy Trader votes.
national salary data
National Employer Data
National Salary Data (?
XAll compensation data shown are gross 10th to 90th percentile ranges. Take the PayScale Survey to find out how location influences pay for this job.
)
$0$70K$140K$210K
Salary
$58,723 - $149,078  
   
Bonus
$8,500 - $52,402  
Commission
$0.00  
Total Pay (?
XTotal Pay combines base annual salary or hourly wage, bonuses, profit sharing, tips, commissions, overtime pay and other forms of cash earnings, as applicable for this job. It does not include equity (stock) compensation, cash value of retirement benefits, or the value of other non-cash benefits (e.g. healthcare).
)
$70,628 - $187,000  
Country: United States | Currency: USD | Updated: 4 Feb 2017 | Individuals Reporting: 39

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Job Description for Energy Trader

Energy traders buy and sell shares of energy stock in order to make profits. This is usually done electronically, and common examples include oil, electricity, and gas. It is important to stay up-to-date with current events and factors which shape the prices of energy, as well as anticipate events which may affect the market.

Energy traders should be strongly familiar with laws relating to the trading of energy, as they may need to create their own contracts. Strong computer, mathematical, and analytical skills are important to succeed in this business, which can often be stressful, especially when the atmosphere of the market is unfavorable for energy traders. When working on the trade floor, the work day can be long and strenuous, so endurance and the ability to stand and walk for long periods of time are important. The ability to stay calm under pressure is also essential, as it may occasionally be difficult to focus while many activities occur at once on the trade floor.

Energy traders should also be proficient in bargaining, and strong interpersonal skills are important to foster relationships with energy suppliers and make good deals. These traders may buy and sell commodities online or work directly on a trading floor, and a bachelor’s degree in finance, economics, or an energy-related field is generally required for this position. Some employers may require a master’s degree.

Key Stats

Gender

Female
19 %
Male
81 %
Salary
$57,391
Salary
$66,977 - $118,397

Job Satisfaction

Extremely satisfied
Rated 5 out of 5
based on 5 votes.
Less than 1 year
5%
1-4 years
28%
5-9 years
26%
10-19 years
31%
20 years or more
10%

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