Phillips 66

Managing Counsel, Business Development and Midstream

Phillips 66$266K — $325K *
Energy & Utilities
11 - 15 years of experience
Job Overview by Ladders

Qualifications

  • Juris Doctor (JD) from an ABA-accredited law school
  • Active law license in Texas or another U.S. state
  • 12+ years of legal experience as an attorney
  • 8+ years of experience in mergers and acquisitions, midstream law, and/or business development
  • 4+ years of experience supervising legal teams or mentoring junior attorneys

Responsibilities

  • Lead and manage complex joint ventures and acquisitions from inception through close
  • Provide legal advice and support for midstream business transactions
  • Identify and address legal risks in commercial contracts and ensure compliance
  • Build relationships with senior executives to guide policy and projects
  • Cultivate trust with internal clients to deliver impactful legal solutions
  • Communicate intricate legal concepts to varied audiences
  • Coach and develop legal talent within the attorney team

Benefits

  • Annual Variable Cash Incentive Program (VCIP) bonus
  • 8% company match on 401k contributions
  • Cash Balance Account pension plan
  • Comprehensive medical, dental, and vision benefits
  • Annual company contribution to Health Savings Account (HSA) for qualified plans
  • Total well-being programs, including Employee Assistance Plan and well-being reimbursement
Full Job Description
We are seeking an accomplished legal leader to serve as Managing Counsel, Business Development and Midstream, driving strategic outcomes across high-impact matters. In this pivotal role, you will provide expert legal guidance on complex transactions and strategic projects that shape the future of the operations of a large corporate law department in a publicly traded, international energy company. You will play a critical part in navigating high-impact legal challenges, developing innovative strategies, and supporting key business objectives in a fast-paced and evolving environment. The ideal candidate will have at least 12 years in business development and/or midstream experience, preferably in-house and corporate settings, with a strong background in joint ventures and mergers & acquisitions.

What You'll Do
  • Lead and manage complex joint ventures and mergers & acquisitions transactions from inception through close.
  • Provide legal advice and transactional support to Phillips 66's midstream business, with a particular focus on natural gas gathering and processing (G&P); fractionation, storage, and transportation of natural gas liquids (NGLs); and transportation, storage, and distribution of crude oil and refined products.
  • Ensure legal risks are adequately identified, evaluated and addressed in commercial contracts and ensure compliance with applicable laws and regulations.
  • Build trusted relationships with senior executives, providing authoritative advice to guide policy, projects, and change initiatives.
  • Cultivate and sustain influential relationships grounded in trust and mutual respect with internal clients, acting as a business partner to deliver high-impact legal services and recommendations that drive performance.
  • Communicate complex concepts clearly to varied audiences, support quality assurance efforts, and contribute to continuous improvement across legal and business processes.
  • Lead, coach, develop, and invest in the growth of legal talent across attorney team.


What You'll Bring - Required
  • Legally authorized to work in the job posting country
  • Juris Doctor (JD) from a law school accredited by the American Bar Association
  • Active license in good standing to practice law in Texas or other U.S. State
  • 12 or more years of legal experience as an Attorney
  • 8 or more years of specialized expertise in mergers and acquisitions, midstream law, and/or business development
  • 4 or more years of experience supervising legal teams or mentoring junior attorneys


What Makes You Stand Out - Preferred
  • Extensive knowledge and experience in the midstream industry and commercial transactions
  • Superior negotiation, advocacy, and presentation skills
  • Familiarity with the oil and gas and pipeline industry, including its regulatory requirements, or prior experience in a similarly competitive and compliance-driven sector
  • Ability to develop long-term legal strategies aligned with business goals
  • Demonstrated success managing and resolving complex commercial matters
  • Agility and growth mindset to handle advice and matters adjacent to primary practice areas
  • Exceptional verbal and written communication skills; ability to convey complex legal concepts to diverse audiences
  • Ability to manage and prioritize assignments effectively which may be broad in scope and complexity, and which requires collaborative work with a team of experienced lawyers, as well as employees in different departments and/or with varying degrees of seniority
  • Demonstrated ability to use AI-enabled tools and technologies responsibly and effectively to improve work quality, speed, and decision-making
  • Strong understanding of oil & gas or energy industry legal issues


Compensation Range

This position has a base salary range of $266,400 - $325,600.

At Phillips 66, we are committed to pay transparency and competitive, equitable 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

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 07/31/2026.

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

Stay informed with the latest company news, career tips, and industry insights by subscribing to our careers blog. Gain insider perspectives that can help you navigate your professional journey effectively.

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

Similar Jobs

More Jobs at Phillips 66

More Energy & Utilities Jobs

Find similar Managing Counsel, Business Development and Midstream jobs: