Oil Marketing Analyst

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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.

 

Job Duties and Responsibilities:

Include but are not limited to

• 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 about E-Verify.