Economist - LP Modeler

Phillips 66 & YOU - Together we can fuel the future 

The purpose of this position is to support optimization of refinery product mix and maximize full value chain earnings by determining breakeven product values and recommending decisions for the Value Chain Optimization (VCO) and Commercial organization. The LP Modeler will be accountable for providing (i) technical knowledge of refinery economic drivers, constraints and operations to the VCO and Commercial organization and (ii) market knowledge to Refining. The role will also help drive company business transformation initiatives through special projects. The role will have a focus on products and intermediates across the Gulf and East Coast Refineries.

Responsibilities May Include:

• Developing and publishing the weekly breakeven reports for Refineries consistent with the Company guidelines
• Ensuring LP models are aligned with refinery capability and reflect the operational constraints
• Performing ad hoc evaluations for VCO Optimization Directors and Commercial Traders
• Performing LP analyses of new opportunities
• Lead weekly touchpoints with Refineries and Commercial Traders to review values across opportunities
• Evaluating opportunities to re-optimize feedstock purchases or product mix as market conditions allow
• Developing and maintaining a strong working relationship with Refining, Commercial and VCO
• Providing regional competitor market intelligence. This may include using additional tools HCOMETS and PRISM

Required Qualifications:

• Legally authorized to work in the job posting country
• Bachelor’s degree in engineering
• Direct refining experience in the fields of refinery economics, operations, process engineering or fuels blending/scheduling
• Direct experience working with LP modeling
• Experience with AspenTech PIMS Program
• Strong understanding of downstream value chain business drivers
• Excellent computer skills and proficiency with Word, Excel, PowerPoint, PIMS
• Strong analytical/data management and communication skills
• Must be able to quickly develop and maintain internal and external respect and trust
• Periodic travel is required to visit regional sites

Preferred Qualifications:

• Bachelor’s degree in chemical engineering
• 3 or more years of experience in Refinery Planning and Economics
• 5 or more years of experience with AspenTech PIMS
• Skills and proficiency with HCAMS/HCOMET, PI Vision/PI AF
• Visual Basic programming experience (advanced beginner-competent level)

The Commercial organization  works to effectively leverage assets and market knowledge to create additional value within the risk parameters of the Company. We do this by maximizing general interest profitability, enhancing return on capital employed by successfully partnering with the Refining, Transportation and Marketing functions to ensure Value Chain Integration.   Our truck and rail fleets support our feedstock and distribution operations.  Rail movements are provided via a fleet of more than 10,000 owned and leased rail cars. Truck movements are provided through numerous third-party trucking companies, as well as through our 100 percent-owned subsidiary, Sentinel Transportation LLC.

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, create an environment of trust, seek different perspectives and achieve 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 09/24/2025.

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.