Contracts Analyst II, Midstream Commercial

Contracts Analyst II, Midstream Commercial

Location:

Houston, TX, US, 77042 Job Field:
Procurement

Phillips 66 & YOU - Together we can fuel the future

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. 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.

Midstream

The Phillips 66 Midstream business is a safe, reliable, and trusted provider for the movement, storage, gathering, and processing of…