Phillips 66

Contracts Analyst II, Midstream Commercial

Phillips 66$82K — $101K *
Energy & Utilities
Less than 5 years of experience
Job Overview by Ladders

Qualifications

  • Legally authorized to work in the job posting country
  • Bachelor's degree
  • 1+ years of relevant work experience in commercial, business development, or similar roles
  • 3+ years of preferred experience in commercial, business development, or similar roles
  • Experience in the energy industry, particularly midstream markets
  • Hands-on experience with contract and deal management systems like SAP and iCertis CLM
  • Strong analytical skills and ability to work with complex data.

Responsibilities

  • Support contract managers by reviewing and drafting contract terms and conditions
  • Administer various commercial contracts for crude oil and natural gas
  • Collaborate with internal stakeholders to resolve questions and support negotiations
  • Draft, route, and manage new commercial agreements throughout the contract lifecycle
  • Manage contract and deal data, auditing for accuracy and identifying performance trends
  • Develop and maintain contract documentation using management tools
  • Prepare data and reports to provide visibility into contract performance and opportunities.

Benefits

  • Annual Variable Cash Incentive Program (VCIP) bonus
  • 8% 401k company match
  • Cash Balance Account pension
  • Medical, Dental, and Vision benefits with annual contribution to a Health Savings Account
  • Total well-being programs including Employee Assistance Plan and well-being reimbursement.
Full Job Description
As a Contracts Analyst II on our Midstream Commercial & Business Development team, you will support our Lease Crude and Gathering & Processing businesses by helping manage a wide range of commercial agreements. In this role, you will work closely with contract managers and cross-functional partners to keep our contract portfolio accurate, compliant, and aligned with business goals. You will gain broad exposure to the energy value chain while building deep expertise in contract administration, systems, and performance reporting.

What You'll Do
  • Support contract managers by reviewing and drafting contract terms and conditions, ensuring alignment with legal requirements, industry standards, and company policies for energy markets.
  • Administer a range of commercial contracts for crude oil and natural gas, including setup, maintenance, and monitoring of performance across multiple regions and business segments.
  • Collaborate with internal stakeholders such as Commercial, Accounting, Division Order, Legal, ICC Optimization and Scheduling, and field operations to research issues, resolve questions, and support negotiations and renegotiations.
  • Draft, route, and manage new commercial agreements through the full contract lifecycle using tools such as SAP, QCM, TIPS Gathering, QPTM, EDS, and iCertis Contract Lifecycle Management (CLM).
  • Manage contract and deal data in internal systems, auditing for accuracy and integrity, identifying trends in contract performance, and providing feedback to improve processes and support recontracting activities.
  • Develop and maintain contract documentation and records, leveraging document management and information management tools to ensure consistency, compliance, and accessibility.
  • Prepare and summarize data and reports that provide visibility into contract performance, incoming production, and commercial opportunities to support bids, planning, and decision making.
  • Contribute to continuous improvement by helping optimize contract-related work processes, supporting pre-close and audit activities, and coordinating cross-regional coverage to maintain seamless contract operations.


What You'll Bring - Required
  • Legally authorized to work in the job posting country
  • Bachelor's degree
  • 1 or more years of relevant working experience in commercial, business development, operations, or similar roles


What Makes You Stand Out - Preferred
  • 3 or more years of relevant working experience in commercial, business development, operations, or similar roles
  • Bachelor's degree in business, finance, accounting, supply chain, or related field
  • Experience in the energy industry, preferably midstream, commodity/energy trading and marketing, or commercial contracts for crude oil and natural gas
  • Experience supporting contract managers with drafting, administering, and monitoring commercial agreements, including performance evaluation and compliance activities
  • Hands-on experience with contract and deal management systems and tools such as SAP, QCM, TIPS Gathering, QPTM, EDS, and iCertis CLM
  • Demonstrated ability to manage multiple priorities, work across regions and teams, and contribute to process improvements in contract administration
  • Strong analytical and reporting skills with the ability to work with complex data and translate findings into clear insights for stakeholders


Compensation Range

This position has a base salary range of $82,800 - $101,200.

Midstream

The Phillips 66 Midstream business is a safe, reliable, and trusted provider for the movement, storage, gathering, and processing of liquid or gas energy via pipelines or terminals. We are an industry leader in logistics and operate or manage more than 70,000 miles of pipelines that transport crude oil from oil fields to refineries and finished products from refineries to storage terminals. We operate 39 terminals that supply finished products to consumer gas stations, as well as crude oil and NGL storage terminals and NGL fractionation facilities. Our capabilities include extensive natural gas gathering and processing operations, enhancing our wellhead-to-market strategy. We also provide the connectivity between the various Phillips 66 business units.

Total Rewards

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.

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 07/16/2026.

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.

About Phillips 66

Phillips 66 is a growing energy manufacturing and logistics company. They’re the only integrated downstream company to combine leading midstream, chemicals, refining, and marketing and specialties businesses. With this diverse portfolio, Phillips 66 is uniquely positioned to capture opportunities of the changing energy landscape. Their Midstream segment includes Phillips 66’s transportation business, including operations of Phillips 66 Partners LP, their master limited partnership which conducted an initial public offering in July 2013; a 50 percent interest in DCP Midstream, LLC; and natural gas liquids (NGL) operations. DCP Midstream is the largest NGL producer and one of the largest natural gas gatherers and processors in the United States, with 63,000 miles of pipeline, 62 plants and 12 NGL fractionators.

Phillips 66 Careers

Join the Phillips 66 team today and be part of a thriving company renowned for leadership in the energy sector. At Phillips 66, we offer more than just job opportunities; we provide a platform for professional growth and innovation in an environment that values diversity and leadership.

Work You’ll Do

Embark on a career with Phillips 66, where you can apply your skills to influence the energy industry positively. Our team is dedicated to excellence and seeks professionals who are passionate about driving change and achieving results. With Phillips 66, you will lead projects that matter, from groundbreaking energy solutions to sustainable practices that shape the future.

Explore Our Diverse Opportunities

Whether you're looking for an internship, a full-time position, or a leadership role, Phillips 66 has a range of employment options to suit your career ambitions. Our job opportunities span various disciplines, offering roles in engineering, business development, finance, and more. Each position at Phillips 66 is a stepping-stone to further growth and professional development.

Innovate and Grow

At Phillips 66, innovation is at the core of everything we do. We encourage our team to bring fresh ideas and perspectives to the table, fostering a culture of continuous improvement and creative problem-solving. Join us and contribute to industry-leading projects and initiatives that set Phillips 66 apart from the competition.

Develop Your Career

Phillips 66 is committed to the development of its employees. We offer comprehensive benefits and diversity training programs designed to enhance your skills and advance your career. From leadership development workshops to networking events, we provide the resources you need to succeed.

Be Part of Our Team

Our company culture celebrates diversity, encourages collaboration, and promotes an inclusive environment where everyone is respected and valued. By joining Phillips 66, you become part of a global team committed to excellence, integrity, and respect for the community and the environment.

Future-Proof Your Career

With Phillips 66, you are not just finding a job; you are building a career. We support your journey with unmatched training, mentorship, and opportunities to advance. Tailor your career path with various roles and projects that challenge and excite you.

Stay Connected

Discover the many ways Phillips 66 can enhance your career through our Jobs and Careers portal. Search open positions that match your interests and skills, and prepare your resume to take the first step towards a rewarding career at Phillips 66.

Keep Up to Date

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Join Our Team

Ready to make a significant impact? Explore the employment opportunities at Phillips 66 and find the perfect role that aligns with your skills and career goals. We are continuously hiring and looking for ambitious, curious, and driven team players.

SEARCH PHILLIPS 66 JOBS

Phillips 66 is where your career can thrive, surrounded by a community of leaders and innovators. Join us and fuel your future with one of the leading energy companies in the world.
Learn more about Phillips 66
Size
14,000 employees
Market Cap
$47.8 billion
Industry
Net Income
-$3.9 billion
Founded
1917
5 Year Trend
+5.6%
Revenue
$63.4 billion
NASDAQ

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