Market Analyst

Phillips 66Houston, TX3M ago

Phillips 66 & YOU- Together we can fuel the future


The Market Analyst supports several processes in the Market Analysis group. The analyst supports the Short-Term Optimization Process (STOP) with a focus on short-term price forecasting and regional optimization analytical support. The STOP process seeks to optimize the Phillips 66 value chain, including refinery supply and production, crude transportation, and product sales channels. These processes involve personnel from Commercial, VCS&O, Midstream, Refining, and Marketing to drive general-interest decisions which maximize overall benefit for Phillips 66.

Further, this position will support the development of the Outlook Price set used to develop financial forecast by refinery F&PA and controller’s groups. This price set is used to communicate the financial and variance impacts of market activity to executive management.

The analyst will also support data integration of multiple key sources to the overall Market Analysis group. This entails daily, weekly and monthly automation of data from key sources, both public and licensed data.

Responsibilities may include :

Price Forecast Process

  • Solicit and obtain price forecast inputs weekly by working with traders.
  • Develop weekly price forecast for Phillips 66 refineries using key benchmarks, trader input, Canada, and Europe input.
  • Own and continuously improve and update the tools used in the price forecast processes.
  • Provide support for analysis of price forecasts, including price history graphs.
  • Maintain crude transportation costs on a regular basis to match current market costs.
  • Utilize archived data for back-casting and review.
  • Make changes and improvements to the price forecast as required by changing market and business needs.

Quarterly Price Forecast Process

  • Develop outlook price forecasts (12 – 24 month) for key benchmarks for U.S., Canada, Asia and Europe.
  • Incorporate the STOP price forecast in the front months of the outlook.
  • Solicit and validate price forecast by working with Coordinator, traders, F&PA, Refining, and the Chief Economists Office.
  • Develop price outlook utilizing broker, NYMEX, and other forward curves.
  • Support the price set by working with the Coordinator to provide associated market commentary.

Business Support

  • Assist Crude and Product Optimization Directors in optimization of the value chain as required.
  • Assist other analysts in providing trader and executive management support as directed.


Basic/Required :

  • Legally authorized to work in the job posting country
  • Bachelor’s degree in Engineering, Science, Finance, Economics, or a business-related field
  • 1 or more years of experience in one or more of the following:
  • Refining
  • Marketing
  • Midstream
  • Commercial
  • Ability to manage and meet multiple and competing priorities
  • Able to collaborate effectively with internal and external contacts
  • Strong analytical ability and attention to details, including advanced level of proficiency in Microsoft Office Excel and PowerPoint

Preferred :

  • Understanding of Commercial and Refining value chain
  • Excellent communication, teamwork, consensus-building, facilitation and collaboration skills
  • Experience in planning, scheduling or operations
  • Experience with Excel Visual Basic
  • Experience with Tableau
  • Experience with Alteryx
  • Understanding of commodities pricing, including cash and futures markets


At Phillips 66, while "what" we do may be very different from person to person, there's a "how" that connects all of us. It is how we work, how we collaborate and how we succeed together. It's this shared "how" that our competency framework describes in detail. We call it the Keys to Success because it can unlock the potential within us all.

Keys to Success

  • Prof: Adaptability—Demonstrate Adaptability And Learning
  • Prof: Building Collaborative Relationships—Build Partnerships
  • Prof: Communication—Communicate Professionally
  • Prof: Judgment—Exercise Professional Judgment
  • Prof: Results Orientation—Optimize Results

Company Overview

Phillips 66 is a diversified energy manufacturing and logistics company. With a portfolio of Midstream, Chemicals, Refining, and Marketing and Specialties businesses, the company processes, transports, stores and markets fuels and products globally. Phillips 66 Partners, the company's master limited partnership, is integral to the portfolio. Headquartered in Houston, the company has 14,500 employees committed to safety and operating excellence. Phillips 66 had $52 billion of assets as of March 31, 2018. For more information, visit or follow us on Twitter @Phillips66Co at .

To be considered

In order to be considered for this position you must complete the entire application process, which includes answering all prescreening questions and providing your eSignature on or before the requisition closing date of April 26, 2019.

Candidates for regular U.S. positions must be a U.S. citizen or national, or an alien admitted as permanent resident, refugee, asylee or temporary resident under 8 U.S.C. 1160(a) or 1255(a)(1). Individuals with temporary visas such as E, F-1, H-1, H-2, L, B, J, or TN or who need sponsorship for work authorization now or in the future, are not eligible for hire.

Phillips 66 is an EEO and Affirmative Action Employer of Females/Minorities/Veterans/Individuals with Disabilities

Requisition ID: 49521

Department: Commercial

Location: United States - Texas - Houston

Job Field: Trading