Contracts Analyst II, Midstream Commercial

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 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.

Phillips 66 has more than 140 years of experience in providing the energy that enables people to dream bigger and go farther, faster. We are committed to improving lives, and that is our promise to our employees and our communities. We are sustained by the backgrounds and experiences of our diverse teams, which reflect who we are, the environment we create and how we work together. We have been recognized by the Human Rights Campaign, U.S. Department of Labor and the Military Times for our continued commitment to inclusive practices and policies in the hiring and retention of those in the LGBTQ+ community and military veterans. Our company is built on values of safety, honor and commitment. We call our cultural mindset Our Energy in Action, which we define through four simple, intuitive behaviors: We work for the greater good, cultivate an environment of trust, seek different perspectives and pursue excellence.

Learn more about Phillips 66 and how we are working to meet the world's energy needs today and tomorrow, by visiting phillips66.com.

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.