Refinery Economist and LP Modeler

Phillips 66 & YOU - Together we can fuel the future

The Economist/LP Modeler (Sr. Advisor I) determines values and recommends decisions to optimize refinery product mix and maximize full value chain earnings for the region. The refinery LP model will be the primary tool to provide values that will be used in the purchase and sale decisions for the refineries.

The LP Modeler will evaluate refinery economics and purchase/sale breakeven values (BEVs). The LP Modeler will perform ad hoc studies to support company initiatives. The LP Modeler will be accountable for ensuring the LP model is aligned with refinery capability and reflects the current operational constraints.

The LP Modeler will be accountable for key communications: (i) providing technical knowledge of refinery economic drivers, constraints and operations to the VCO and Commercial organization and (ii) providing market knowledge to the refineries relevant to feedstock and product placement optimization. The LP Modeler will also help to drive company business transformation initiatives through special teams and projects. This role will be focused on (i) intermediates and products and (ii) Gulf and East Coast Refineries.

What You’ll Do

• Develop and publish the weekly breakeven reports for Refineries consistent with the Company guidelines.
• Perform ad hoc evaluations for VCO Optimization Directors and Commercial Traders.
• Perform LP analyses of new opportunities.
• Lead weekly touchpoints with Refineries and Commercial Traders to review BEVs and opportunities.
• Evaluate opportunities to swap or re-optimize feedstock purchases or product mix as market conditions allow.
• Develop and maintain a strong working relationship across the Refining system.
• Develop and maintain a strong working relationship with the Commercial organization, applicable Traders, and Regional Optimization Manager (ROM).
• Provide regional competitor market intelligence. This may include using additional tools such as HCOMETS and PRISM.

What You’ll Bring - Required

• Legally authorized to work in the United States
• Bachelor's Degree in Engineering
• 4 or more years of refining experience in the fields of refinery economics, operations, process engineering, and/or fuels blending/scheduling
• Direct experience working with LP modeling
• Experience with AspenTech PIMS Program
• Strong understanding of downstream value chain business drivers
• Intermediate or greater proficiency with Word, Excel, PowerPoint, and PIMS
• Willing and able to travel as needed to visit regional sites

What Makes You Stand Out - Preferred

• Bachelor's Degree in Chemical Engineering
• 3 or more years of experience in Refinery Planning and Economics
• 5 or more years of experience with AspenTech PIMS
• Skills and proficiency with HCAMS/HCOMET, PI Vision/PI AF
• Visual Basic programming experience
• Strong analytical/data management and communication skills
• Experience quickly developing and maintaining internal and external respect and trust

Compensation Range

This position has a base salary range of $140,400 – $171,600.

At Phillips 66, we are committed to pay transparency and competitive, equivàte compensation. Each role is assigned a salary grade with a defined pay range, benchmarked against industry peers. Where a candidate offer falls within the posted range depends on the candidate's experience, skills, and alignment with the role’s requirements. Offers are made to ensure internal equity and market competitiveness. Our compensation programs are designed to reward performance and support career growth.

Total Rewards

Benefits

At Phillips 66, providing access to high quality programs and care for you and your family is important to us. Maintaining a culture of well-being — physical, emotional, social, and financial — is essential for a high‑performing organization. When we are at our best, we are poised to deliver exceptional results — personally and professionally. Benefits for certain eligible, full-time employees include:

• Annual Variable Cash Incentive Program (VCIP) bonus
• 8% 401k company match
• Cash Balance Account pension
• Medical, Dental, and Vision benefits with an annual company contribution to a Health Savings Account for employees on HDHP
• Total well‑being programs and incentives, including Employee Assistance Plan, well‑being reimbursement, and backup family care services

Learn more about Phillips 66 Total Rewards.

Phillips 66 has more than 140 years of experience in providing the energy that enables people to dream bigger and go farther, faster. We are committed to improving lives, and that is our promise to our employees and our