Todd Kremers Email & Phone Number

Houston, Tx, Us

Houston, Texas, United States

Houston, Texas, United States

• Specifically hired to set up and lead Targray’s US Refined Products pipeline presence, including setting up all back-office functions, establishing supply deals, setting up accounts with pipelines and creating risk management practices. • Profitably trade and manage the full life cycle of movement for middle distillates, with a heavy focus on diesel fuel. Includes purchase of physical inventory (300-400K BBLs per month), simultaneous sale & execution of futures and basis swap hedges and scheduling movement/transportation. • Responsible for the full P&L, overall budget management and presenting to the Board on the business unit’s performance. • Hired and trained a commercial analyst/scheduler and back-office support. • Worked closely with shared services team to set up accounting, risk, settlements and operational framework for the new business unit.

Houston, Texas Area

• Intricately involved in growing Atlas Oil’s physical distillate Rack Inventory footprint from 25k BBL’s per month to over 200k barrels per month across four different pipelines (Magellan South, North, and Mountain systems, Teppco, and NuStar) in less than 3 years.• Profitably trade and manage the full life cycle of Atlas’ portfolio of physical distillate inventory from the purchase of physical barrels, simultaneous sale and execution of futures hedges and basis swaps to recognizing and capitalizing on favorable market arbitrage opportunities. Efforts yielded the largest margin growth among all of Atlas Oil’s business units.• Assist in the execution, hedging, and delta management of complex refined product option look-back strategies that allow the firm to gain supplemental income through collection of option premium that can be channeled to various business units when deemed necessary.• Schedule all bulk purchase and sales of company’s physical distillate product, as well as line space deals on Colonial, Magellan, and Teppco systems. Coordinate with back office to actualize deals in Right Angle.• Responsible for growing Atlas' nationwide Back-to-Back rack sales, inventory, and national account volume from 14 million gallons/month to over 30 million gallons/month through strategic price and load analysis, in addition to recognizing and capitalizing on favorable market conditions.

Austin, Texas Area

• Schedule, balance, and trade daily natural gas volumes among firm’s largest pool of retail and commercial customers (Nicor) ensuring that daily utility tariffs are met as well as company's internal targets through proprietary forecasting systems.• Communicate, execute and log firm-wide physical natural gas deals with company's gas wholesaler on a daily basis ensuring accurate and timely completion.• Generate volume reconciliation and other ad hoc reports confirming volume and pricing tie outs between the company, wholesaler, and Utilities (Nicor). • Execute storage and transportation capacity offers with various pipelines including Panhandle Eastern, NGPL, and ANR.• Manage a portfolio of storage and transportation customers on an individual basis from onboarding to terminations, manually balancing nominations and storage/capacity levels to protect customer pool integrity.

Austin, Texas, United States

• Acted as a liaison between Finance and Scheduling Teams to actualize and reconcile natural gas inventory levels across various Local Distribution Companies (LDC's) and pipelines in the Upper Midwest gas market region.• Collaborated with nominations team to perform daily and monthly deal entry confirmations with firm’s gas wholesaler, ensuring any discrepancies are identified and quickly corrected.• Responsible for full life cycle of natural gas utility and storage/transportation invoice process: from reconciling volumes, entering invoices and remittances, to finalizing payment and/or revenue.• Created and managed spreadsheets forecasting future revenue streams and updated risk control reports notifying leadership of firm wide long/short gas exposure.

Lake Forest, Illinois, United States

Proprietary Trading Group • Generated positive returns as a market maker/trader in the metal’s markets implementing and utilizing a proprietary arbitrage and relative value-based strategy tracking Shanghai Futures Exchange base metals futures markets.• Consistently contributed to significant percentage of firm revenue by profitably trading S&P 500 index futures during Asian and European trading hours through short term momentum and relative value-based strategies.• Monitored market activity, conditions, and identified trends through fundamental and technical research and analysis using Bloomberg, Reuters, and CQG news and chart services.

Chicago, Illinois, United States

• Successfully managed and traded S&P 500, short term interest rate, and FX futures utilizing self-funded risk management strategies and capital, generating net profits up to $1 Million annually.• Conducted thorough evaluations of portfolio exposure and daily profit and loss throughout each trading session and ensured margin and liquidity accuracy and settlement. • Consistently and successfully traded large volume positions (up to $25 Million in notional value) as well as contributed to a high percentage of daily volume (5% +/-) traded in S&P 500 futures on GLOBEX (European Time Zone), through a strategic and disciplined risk management plan.• Managed, trained, and capitalized two successful traders in DAX Index futures and Eurodollar futures, creating significant revenue growth and overseas market exposure.