Array ( [id] => 16 [parent_id] => 16 [topic_id] => 3 [topic_name] => Energy Hedging, Transactions, & Commodity Markets [topic_name_short] => Hedging & Trading [code] => D1013 [sort] => 3 [title] => How To Hedge Energy Price and Basis Risk [format] => [posted] => 1 [status] => active [num_sessions] => 1 [date_live] => 2019-08-09 [date_ondemand] => 2019-08-15 [timezone] => U.S. EDT [is_live] => 1 [is_ondemand] => 1 [ondemand_ready] => 0 [instructor_id] => 1 [instructor_name] => John Adamiak [instructor_title] => President PGS Energy [instructor_description] =>
John Adamiak is President and Founder of PGS Energy Training and an expert in energy derivatives and electric power markets. Mr. Adamiak is a well-known and highly effective seminar presenter who has over 20 years experience in the natural gas and electric power industries. His background includes 15 years as a seminar instructor, 9 years of energy transaction experience, and 6 years of strategic planning and venture capital activities. John's academic background includes an M.B.A. degree from Carnegie Mellon University.[price_first] => 295.00 [price_second] => 145.00 [price_addtl] => 75.00 [date_live_friendly] => August 9th [date_live_friendly_short] => Aug 9 [date_live_friendly_full] => Friday, August 9th [date_ondemand_friendly] => August 15th [date_ondemand_friendly_short] => Aug 15 [time_start_friendly] => 1:00 pm [time_end_friendly] => 4:30 pm [duration_friendly] => [MOD(SUM(webinar_sessions.ondemand_duration),60)] => [SUM(webinar_sessions.ondemand_duration)/60] => [duration_live] => 210 [intro] =>
Unpredictable price changes in the natural gas, petroleum, and other markets make the proper hedging of price and locational basis risk an essential skill. Don't break your company's budget or miss locking in an attractive forward price.
This seminar will explain how buyers, sellers, and processors can financially hedge natural gas,oil, and electricity price and basis risk with physical and financial futures contracts, basis swaps and trigger deals. Basis risk, delivery risk, and other real-world hedging issues will also be addressed.
This proven online seminar features the same material used in the popular PGS in-person classroom training program. Register today and join the over 10,000 energy professionals who have already benefited from an in-depth PGS seminar.[learn] =>
- Why energy companies financially hedge.
- The difference between price hedgers and spread hedgers.
- How to create a buyer's futures hedge with physically settled futures contracts.
- How to create a seller's futures hedge that locks in a fixed sales price.
- The many real-word issues that can impact futures hedging.
- What basis risk is, and how "basis blowout" can destroy a buyer's or seller's futures hedge.
[agenda] => [attend] =>
- How to hedge price risk with powerful CME and ICE financial futures contracts.
- How to use a basis swap or financial futures contract to hedge natural gas locational basis risk.
- How to hedge both basis and delivery risk using trigger deals.
- What components make up the master hedging & trading equation, and what the difference is between financial and physical locational basis "fin" versus "phys".
- How to hedge a forward price spread.
This seminar will benefit a wide variety of organizations in the energy, industrial, electric power and financial industries. Professionals from energy buyers, banks, energy producers, utilities, municipals, energy marketers, industrial companies, electric generators, and liquids processors will gain valuable insights, as will natural gas, oil and electric power executives, traders, marketers, (sales, purchasing & risk management professionals), accountants, economists, trading support staff, auditors, attorneys, government regulators, rate specialists, plant operators, engineers and corporate planners.[prereq] =>
This fundamental level, group live seminar has no prerequisites. No advance preparation is required before the seminar, but a basic understanding of either the natural gas or electric power industries would be helpful.[choose] =>
PGS seminars are known for their clear explanations and in-depth content. Register for a PGS class today, and join the over 10,000 energy professionals who have already attended one of PGS's proven programs.[datetime_created] => [datetime_updated] => 2019-07-11 14:42:08 [datetime_deleted] => [live_available] => 1 [available] => 1 [date_now] => 2019-07-22 [datetime_now] => 2019-07-22 23:46:02 [title_url] => online-seminar/D1013/How-To-Hedge-Energy-Price-Basis-Risk/16 [datetime_string] => [description_promo] => An On-Demand Minute Webinar [prices] => Array (  => Array ( [price] => 295.00 [quantity] => 1 [description] => Single Attendee ) [unlimited] => Array ( [price] => 75.00 [quantity] => unlimited [description] => Unlimited Group ) ) [sessions] => Array (  => Array ( [id] => 707 [webinar_id] => 16 [num] => 1 [time_start] => 13:00:00 [time_start_friendly] => 1:00 PM [hour_start] => 01 [minute_start] => 00 [ampm_start] => PM [time_end] => 16:30:00 [time_end_friendly] => 4:30 PM [hour_end] => 04 [minute_end] => 30 [ampm_end] => PM [time_short] => 1:00-4:30PM [timezone] => [url] => [phone_dom] => [phone_intl] => [access_code] => [url_slides_web] => [url_slides_pdf] => [ondemand_media_id] => [ondemand_duration] => ) ) [files] => Array ( ) )