What are the responsibilities and job description for the Director, Marketing position at EOG Resources, Inc.?
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
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
- 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.