Crude Oil Marketing Strategist — Pricing & Transactions

Diamondback Energy, Inc.; Midland (TX); On-site; USD 120,000 - 180,000; Full time

Job summary

Diamondback Energy, Inc. seeks a Marketing Representative in Midland, TX to develop and execute crude oil marketing strategies, manage physical transactions, and optimize realized pricing through effective market access and risk management.

You will analyze market fundamentals, collaborate with Scheduling, Operations, Land, and Finance, and build strong relationships with counterparties, refiners, pipelines, and producers.

Qualifications

• Bachelor’s degree in Energy Commerce, Finance, Economics, Business, or related field.
• 5+ years of crude oil marketing experience.
• Strong negotiation and commercial transaction experience.
• Proficiency in Microsoft Excel and reporting tools.
• Strong communication, organizational, and relationship management skills.

Responsibilities

• Develop and execute crude oil marketing strategies designed to maximize realized pricing, maintain flow assurance, and optimize transportation, downstream market access, and commercial flexibility.
• Originate, structure, negotiate, and execute physical transactions across spot, monthly, and term agreements.
• Evaluate pricing structures, location and quality differentials, transportation and gathering costs, market alternatives, contractual obligations, and netbacks to identify opportunities to improve company economics.
• Monitor crude oil market fundamentals, including regional supply and demand, pipeline capacity, refinery activity, export markets, inventory levels, production trends, and benchmark pricing.
• Maintain a strong working knowledge of Permian Basin crude oil infrastructure, including gathering systems, pipelines, storage, downstream markets, and Gulf Coast refining and export connectivity.
• Track exploration, development, and production activity to identify emerging production, flow-assurance needs, viable purchasers, and appropriate market and transportation alternatives.
• Coordinate with Scheduling and Operations to align production forecasts, pipeline nominations, transportation commitments, planned maintenance, and physical crude movements.
• Partner with Accounting and Finance to support accurate settlement, revenue reconciliation, budgeting, forecasting, contract interpretation, and resolution of commercial discrepancies.
• Provide timely marketing and contract information to the Land team and other stakeholders in support of acquisitions, divestitures, acreage reviews, and other asset-level activity.
• Manage and expand strong relationships with counterparties, refiners, pipelines, terminals, and producers.
• Build valuation models, perform scenario analysis, and prepare reporting and presentations for management and risk oversight.
• Provide guidance and mentorship to commercial employees and contribute to the continued development of the marketing organization.
• Represent the company professionally in counterparty meetings, partner meetings, industry organizations, field locations, and other internal or external settings. Periodic travel may be required.
• Uphold strict compliance, credit, and operational controls

Job description

Diamondback Energy, Inc. seeks a Marketing Representative in Midland, TX to develop and execute crude oil marketing strategies, manage physical transactions, and optimize realized pricing through effective market access and risk management.

You will analyze market fundamentals, collaborate with Scheduling, Operations, Land, and Finance, and build strong relationships with counterparties, refiners, pipelines, and producers.