Logo
job logo

Oil Marketing Analyst

Diamondback E&P LLC, Midland, Texas, United States, 79709

Save Job

CURRENT EMPLOYEES - Please apply using "Jobs Hub" in Workday. This career site is for external applicants only.

Overview The Marketing Analyst will be responsible for processing contract documents for the Marketing Team and will need to coordinate with counterparts in other functions such as Regulatory to ensure efficient contract documentation and compliance. This role will support the Marketing Department as a point of contact involving acreage/lease trades with other companies. This role will also support developing and maintaining sales arrangements for Company-owned and controlled natural gas and oil production contracts.

Responsibilities

Analyze and coordinate the documentation of physical crude oil purchase/sale transactions

Assist the senior sales representatives with the marketing of Diamondback's oil products

Aid the preparation and analysis of purchase, and transportation agreements

Compile economic spreadsheets and profit margin data

Create and update crude oil purchase agreements

Liaison and identify issues with the Regulatory department

Communicate and interact with traders, mid-office, and other corporate stakeholders to facilitate contract negotiation and administration

Analyze and support contract administration system maintenance

Recommend contract administration system improvements

Create, analyze and maintain Contracts Summary Report quarterly for accounting and banking requirements

Monitor invoicing to and payment from customers

Manage P-4 changes with the Texas Railroad Commission

Perform market research to maintain a working familiarity with U.S. oil and natural gas markets, identify new sales prospects, and monitor alternative or creative contract terms

Coordinate with counterparts at other producers or purchasers and vendors, as needed

Participate in regular external party meetings and make recommendations for new projects

Required Qualifications

Associate's Degree in Business, Accounting, Finance, or a related field

Proficient knowledge of Microsoft Excel, Access, and other analytical tools (Pivot Tables, VLOOKUP's, etc.)

Ability to red line and mark-up contracts

Ability to prioritize and handle multiple tasks and projects concurrently

Strong attention to detail

Ability to form strong working relationships across the organization

One (1+) years of experience with Microsoft Office Suite (i.e., Excel, Word, PowerPoint, Outlook)

Preferred Qualifications

Bachelor's Degree in Business, Accounting, Finance, or a related field

A minimum of one (1) year of experience in an Oil or Gas marketing role

Understanding of gas settlement statements

Ability to read gas contracts and prepare briefs

Motivated self-starter capable of performing with minimal supervision

Good communication skills both verbal and written

Familiar with oilfield terminology and operations

Work Authorization

Diamondback Energy is not currently sponsoring employment visas for this position.

Relocation

This position is not currently available for relocation assistance.

Diamondback is an Equal Employment Opportunity Employer. Diamondback provides equal employment opportunities to all qualified applicants without regard to race, sex, sexual orientation, gender identity, national origin, color, age, religion, veteran or disability status, genetic information, pregnancy, or any other status protected by law. Diamondback participates in E-Verify. Learn more aboutE-Verify.

#J-18808-Ljbffr