dcsimg About BENTEK


About BENTEK

The BENTEK Difference

Who is BENTEK Energy?

BENTEK Energy® is an energy market analytics company and for years has been recognized as the industry leader in natural gas market fundamental analysis. Today, the company’s expertise goes much further – into power, natural gas liquids and other energy products.

BENTEK goes deep into the data to help our clients understand the fundamentals – how energy is moving, where bottlenecks may develop and which supply/demand factors impact prices. We see the big picture by rigorously reviewing the details. Our insights are supported by a "bottom-up" approach to data analysis that contains an extremely comprehensive view of energy market trends and developments.

 

What sets BENTEK Energy apart?


Our approach to energy market analysis is differentiated in three key dimensions:

1. Data Driven Analysis – We develop our analysis and models based on the most detailed level of data available. For example, our analysis of natural gas flows and pipeline capacity utilization leverages our proprietary database of flows and capacity at all 26,000 receipt and delivery points across all U.S. interstate and Canadian natural gas pipelines going back to 2001 on a daily basis. We use this data to track gas production (receipts into the pipelines), storage, pipeline constraints and demand (deliveries from the pipelines). This unique resource gives us the ability to develop flow/capacity/pricing models based on solid facts, not theories. 2. Transparent Methodology – Our approach and assumptions are open and completely visible to our clients. We develop our analysis based on the data described above plus many more data sources, all of which are available for your understanding of the details. Said another way, we do not ascribe to the ‘black box’ approach to energy modeling. We explain how we get to our answers, and can readily provide the detailed data and assumptions used to arrive at those answers 3. Ongoing Market Assessment – We deal with the facts that can be known, and the projections that can be made based on those facts. But with any view into the future, there are always many unknowns. Our approach identifies those unknowns, and then provides a range of reports and services that track market developments on an ongoing basis.

What is the company’s history?

Porter Bennett founded BENTEK in 1985, primarily to provide consulting services to the energy industry. In those early days, our products consisted of multi-client and proprietary research projects that primarily targeted large natural gas marketing organizations. The majority of our work was focused on analyzing supply/demand, evaluating natural gas customer needs and evaluating gas and power utility tariffs.

In late 2002, developments in the market began to change the industry's information needs. Traditional sources of data proved to be inadequate for the analysis of a rapidly changing marketplace. To accelerate our access to information, we began utilizing pipeline delivery and receipt volume data that all interstate pipeline and storage companies are required by law to post on their website electronic bulletin board systems (EBBs) several times each day. We developed proprietary technology that automatically gathers, validates, standardizes and warehouses the data, and then delivers it in user-friendly formats. In the following years we have expanded our data collection process to include thousands of sources covering a wide range of energy markets.

But the data is only a starting point. The real power of the data is realized through BENTEK’s unique approach to energy market analysis. We offer on-line applications, market alert services and insightful market reports that bring focus to energy markets.

Our clients and subscribers

We serve the majority of the top firms in the energy industry, including majors, independent producers, pipeline companies, utilities, as well as the largest energy hedge funds, financial institutions and industry regulators.

BENTEK is a business of Platts, a leading global provider of energy, petrochemicals and metals information. 
 

BENTEK Energy locations

Our company headquarters is located in the Lower Downtown district of Denver, about an hour away from many of the most popular ski resorts and only a few blocks from Coors Field. If you are in the area, please drop in to visit and tour our operations center.  

Contact Us

We constantly review our products and services to make sure we are providing the most timely and useful energy market fundamental analysis. Do you have a special need or an idea? Contact us and let's talk.