AEGIS Hedging Named Hedging Advisory Firm of the Year at Energy Risk Awards
May 21 2024 - 9:46AM
Business Wire
Award recognizes the firm’s industry-leading
service and technology for the 8th consecutive year
AEGIS CTA, LLC (“AEGIS Hedging”) a CFTC-regulated subsidiary of
AEGIS Hedging Solutions (“AEGIS”) and hedge advisor to companies
exposed to commodity price risk has been named Hedge Advisor of the
Year for the eighth consecutive year at the 2024 Energy Risk
Awards.
The Energy Risk Awards celebrate excellence and innovation in
risk management across the commodities complex and recognize the
firms driving the energy and broader commodity markets forward. The
OTC Trading Platform of the Year considers advancements and
adoption across all OTC derivatives platforms (single-dealer,
multi-dealer, MTFs, OTFs, etc.).
AEGIS Hedging is a CFTC-approved commodity trading advisor
(“CTA”) that works with companies to better understand commodity
market risks, develop hedging strategies and policies to manage
those risks, facilitate the execution of hedges with liquidity
providers, and implement technology to manage hedges through
settlement. AEGIS Hedging works with more than 600 entities,
including both producers and consumers of commodities.
“In the midst of continued volatility in nearly every commodity
market, AEGIS provides modern technology, expertise, and real-time
insights critical for companies looking to protect their profits,”
said Stella Farrington, Head of Content at Energy Risk.
AEGIS Hedging was founded in 2013 as a hedge advisor primarily
to energy producers. While energy remains the core strength, AEGIS
Hedging has expanded to serve multiple industry verticals including
renewable fuels, transportation, manufacturing, agriculture,
consumer packaged goods, and quick-service restaurants.
Matt Marshall, President of AEGIS Hedging, said, “Commodity
prices are volatile and can roil budgets. The last few years have
proven it. Fortunately, our modern technology is making price-risk
management and hedging more approachable than ever. Our customers
benefit not only from our advanced technology but also standby
expertise from an industry-leading team. To navigate commodity
price risk, we continually enhance our advanced modeling platforms,
robust analytics, and proprietary hedging data, all integrated
within a modern CTRM.”
Most recently, AEGIS acquired Ancova Energy, a leading provider
of oil and gas marketing based in Oklahoma City which will provide
further depth in the energy markets. This follows a string of
investments in acquisitions, people, and technology that have
extended AEGIS’ industry lead.
Bryan Sansbury, CEO of AEGIS, added, “We strive each day to
deliver world-class technology and white-glove service to our
customers. I want to thank the team at Energy Risk for recognizing
our progress on both fronts by naming AEGIS Hedging as the Hedge
Advisor of the Year for the 8th consecutive year and AEGIS Markets
as the OTC Trading Platform of the Year.”
The full report on AEGIS Hedging’s award can be viewed on
Risk.net.
About AEGIS
AEGIS simplifies commodity and environmental markets for
companies serious about managing their commodity price exposures
and/or emission footprints. AEGIS has unmatched technology and
services to deliver market insights, tailored commercial and
hedging strategies, unconflicted oil & gas marketing, efficient
and compliant trade execution, and full-cycle management of
physical and financial positions. Building on its core oil &
gas capabilities, AEGIS has extended into environmental and metals
markets and built a fully integrated SaaS E/CTRM software platform.
AEGIS is headquartered in The Woodlands, Texas. To learn more,
visit AEGIS' website at www.aegis-hedging.com.
View source
version on businesswire.com: https://www.businesswire.com/news/home/20240521018455/en/
Lauren Trice, 346-277-0971, ltrice@aegis-hedging.com