Manager, NGL Marketing

1 day ago

Houston, Texas, United States EOG Resources Full time $200,000 - $250,000 per year

Job Description

Job ID#:

10878

Job Category:

Gas/Oil Marketing

Position Type:

Full Time, Regular

Primary Duties & Responsibilities

  • Evaluate and recommend commercial terms and operational conditions for gathering, transportation, fractionation, and purchase contracts for NGLs
  • Y-Grade Contract
  • NGL Purchase/Sales/Storage
  • Exchange Agreements
  • NGL/LPG Exports, preferred
  • Ensure accurate and timely entry of executed deals into internal systems (Allegro), maintaining alignment between commercial terms, confirmations, and any necessary mark-to-market reporting
  • Analyze domestic and international NGL/LPG market fundamentals, infrastructure developments, and arbitrage opportunities to inform commercial decisions
  • Negotiation of new agreements or renegotiation of existing agreements
  • Become an expert on existing agreements to ensure compliance with pricing, measurement, commitments and other contract provisions
  • Collaborate with internal departments to coordinate volume and other key commercial data
  • Works with all areas of the company to analyze and disseminate market information to senior management, financial, legal, and operational departments
  • Active involvement with internal departments (i.e. Division Operations, Accounting, Finance, Legal, Credit) and external customers (i.e. Pipelines, Processors, Gatherers, Marketers, Refiners, and other key Customers)
  • Provides economic and market area evaluations to ensure production flows timely and to the highest netback markets
  • Develop and/or maintain models used in the support of ongoing Midstream and Marketing department needs
  • Stay abreast of key trends and market conditions for respective areas of focus; communicate to internal stakeholders
  • Prepare and present executive level material on a regular basis regarding key business projects, strategic recommendations, market conditions

Assist with various projects and other duties assigned by managers

Job Requirements

Knowledge, Skills, & Abilities

  • Skilled in negotiating commercial contracts and interpreting deal structures involving price formulas, fees, and optionality
  • Experience with NGL exports, including coordination of marine cargoes, terminal operations, and familiarity with global LPG and ethane market dynamics
  • Project management from inception to execution
  • Experience in Commercial Development, Deal Structure and Negotiations
  • Ability to lead and work successfully in a team environment
  • Ability to interpret contracts and proposals and translate into financial models
  • Able to work successfully in an office environment with moderate to heavy daily pressure to meet deadlines
  • Effective and efficient oral and written communication skills

Education/Work Experience

  • Bachelor's Degree in business related field, engineering or energy management preferred
  • Minimum of ten (10) years of relevant work experience (energy related)
  • MBA a plus
  • Ability to travel

Position will be filled at a level commensurate with experience.

EOG Resources is an Equal Opportunity Employer, including Veterans and Disabled.

Equal Employment is the Law

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