Bentek Energy LLC
BENTEK Energy® is an independent 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.
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- Business Type:
- Service provider
- Industry Type:
- Market Focus:
- Internationally (various countries)
Who is BENTEK Energy?
BENTEK Energyis 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.
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.
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.