Sprague Energy

Sprague is passionate about delivering the diverse products and programs that warm, power and move the world. We keep homes warm through Northeastern winters and hospitals cool through summer. We help small businesses focus on serving their communities, and our renewable fuels keep our country’s infrastructure running. From importing wind energy components to deploying leading-edge solar technology to help power terminal facilities, we are committed to continually evolving to meet our customers’ changing energy needs.

Sprague is looking for a Quantitative Analysis Intern (Statistical Analysis Track) for Summer 2024. This position will support the Quant. Analysis and Portfolio Mgmt. team within Sprague’s Retail Natural Gas and Electricity BU in the areas of statistical analysis and forecasting.

We are seeking upbeat and energetic candidates with excellent communication and collaboration skills, who thrive on challenges and are excited about the idea of working in a high growth, fast-paced organization in the energy sector. The intern(s) will work with assigned supervisors / subject experts from the Quant. Analysis and Portfolio Mgmt. team and will interact with other members of the Retail Energy BU teams as well as present project results and receive feedback from the management team.

This position will be based out of our Portsmouth, NH office (Hybrid is an option).

A successful intern candidate will develop and apply skills in various areas of statistical analysis (like feature selection, (de)trending, forecasting, sampling, univariate and multivariate probability distributions modeling, etc), while supporting and learning from energy industry professionals in the areas of energy markets, retail natural gas and electricity products and services, data science, analytics, forecasting, modeling business and product risks, portfolio and asset optimization, risk management and economic analysis.

The Intern will also learn about and contribute to building, cleaning, testing, and working with various databases, data processes and quantitative analysis models, tools, and applications. (on prem and cloud)

• Please include a resume and cover letter explaining why you would like to pursue this internship, and skills, courses and projects that make you a good fit for the Quantitative analysis internship.*

Potential project areas:

• Data exploratory analysis as part of each project.
• Data quality validation and cleaning (utilizing advanced statistical techniques and tools).
• Weather probability distributions and weather scenarios modeling (temperature, HDD, etc)
• Weather/temperature trends forecasting and analysis.
• Customers’ energy usage / load: forecasting, joint probability distributions and trend analytics (Next days; Future months and years).
• Pool / portfolio balancing risk diversification analysis.
• Extracting weather factors and seasonality from commodity price time series.
• Support the Quantitative analysis team in various projects as required by the business.

We want to hear from you!

Do you like to solve problems and consider yourself forward thinking? If you are looking for an internship to challenge yourself while working for a complex and exciting industry, then Sprague is your place. Sprague employees are dedicated and driven. We work best as a team, knowing that collaboration leads to innovation and the best customer experience. We are looking for hardworking colleagues to join us and help us stay at the forefront of the energy industry, which is where we’ve been for the last 150 years.

Qualified candidates for this role will have the following:

• Education: Progressing towards Master’s (or applied PHD) in Statistics, or recent graduates looking to learn and apply their skills in the Energy industry.
• Candidates from other quantitative majors like Econometrics, Applied Mathematics, Data Science, etc., with extensive advanced coursework in statistics will be considered.
• Advanced knowledge of various supervised and unsupervised Machine Learning (ML) models.
• Passionate for applying advanced statistics and quantitative skills in a business environment to create and drive business and customers insights, decisions, actions and added value.
• Advanced programming and model deployment skills in languages like R, Python, MATLAB,
• Advanced data manipulation (SQL, Python, etc), data modeling and data cleaning
• Some exposure to cloud computing and machine learning applications in cloud environments like AWS will be a plus.
• Ability to solve complex problems and conduct research as needed; see projects through to
• Strong interest in learning about the energy markets and as a potential career path.
• Strong drive to learn and share knowledge with others, effective interpersonal skills, attention to details and accuracy, while able to see the bigger
• Very strong collaborative skills and teamwork oriented.
• Aptitude for developing creative solutions and thinking outside the box.
• Ability to remain positive and focused on finding solutions when facing various challenges.
• Following the highest standards of ethics and respect for individuals and the work environment is a
• Ability to cover various tasks from supporting coworkers with data preparation and modeling to independent deeper quantitative analysis and modeling work and results

Who we are:

Sprague takes a collaborative, customer-centric approach to providing best-in-class energy products and related services throughout the Northeast. Founded in 1870, we pride ourselves on offering customers the expert solutions and high-quality service that help their businesses thrive in any market landscape. Sprague values innovation, safety, integrity and people. We know that our people are what set us apart from our competition, and we work hard to make sure each employee across our 20+ locations knows how important they are to our community.

What we offer:

We recently surveyed our employees to ask them their favorite part of the job. They answered, "The people I work with."

In addition to great coworkers, Sprague has adopted a casual business dress code where you can wear jeans to work! Do you want to get involved where you work? Is giving back important to you? It’s important to us, too! Sprague donates back to the communities in which we live and work every year, and provides opportunities for employees to support various charities throughout the year. Sprague has a range of committees to support varying initiatives (Sustainability, Charitable, Scholarship, Innovation, FunForce, etc.). Sprague is a place that cares about its employees, its community, and about creating a place where people want to come to work every day.

Come join us to learn why we are consistently celebrating 20-, 30-, and even 40-year anniversaries here at Sprague!

Sprague is an EEO/AA employer. We strongly encourages minorities, females, Vets and individuals with disabilities to apply.

As a federal contractor we adhere to OFCCP employment regulations. Click here for OFCCP compliance information