Commercial Terminals Associate
Houston, TX - USA
Job Summary
Job Type:
RegularPlains is an industry-leading transportation and midstream provider specializing in transportation storage processing and marketing solutions for crude oil. We own an extensive network of pipeline transportation terminalling storage and gathering assets in key oil producing basins and transportation corridors and at major market hubs in the United States and Canada. The company is headquartered in Houston Texas.
Were on the lookout for passionate selfstarters who thrive in fastmoving collaborative and innovative environments.
Quality Optimization Analyst
Provides analytical and scheduling support to the Quality and Optimization organization by creating blend models to generate highest margin opportunities monitoring crude quality for any additional blending upside and supporting trading and marketing groups for various initiatives across various asset base.
Essential Duties and Responsibilities
- Evaluate and develop crude blend optimization models across the Plains asset network to maximize margin per barrel while maintaining product specifications and operational reliability.
- Lead day-to-day blending operations across six major crude oil hubsCushing South Texas St. James Patoka the Rockies and the Permian Basinoverseeing crude movements product scheduling inventory optimization and quality management to maximize margins ensure operational reliability and meet customer specifications.
- Develop and maintain discounted cash flow models and financial analyses to support strategic business decisions and value optimization initiatives
- Develop breakeven economics and market analyses for Lease Marketing and Trading teams supporting competitive positioning at lease markets and key trading hubs.
- Partner closely with scheduling teams to ensure monthly blend nominations are accurately forecasted executed and adjusted to accommodate changing customer supply requirements.
- Collaborate with Commercial Pipeline and Terminal teams to quantify and capture blending value opportunities associated with new projects and incremental volumes across the Plains system.
- Monitor and manage intra-month crude quality movements identifying optimization opportunities and providing actionable market intelligence to Trading teams to maximize
Terminals Marketing Analyst
Provides analytical and operational support to the Commercial Marketing organization by assisting with market analysis business development initiatives and project economic generation.
Essential Duties and Responsibilities
- Developed and created the revenue forecasting tool for Plains Terminals which in turn gets reported directly to Senior Management for guidance and outlook purposes.
- Assist Business Development with commercial and customer evaluations to analyze different deal structures to maximize EBITDA generation.
- Track terminals volume flows for various terminals in the Plains asset network.
- Monitor contract volumes customer activity and commercial performance metrics.
- Analyze crude pricing and analyze how pricing swings have impacts on the terminals business as well as provide bi-weekly updates to the commercial group about regional pricing moves.
- Create and generate multitude of Ad-Hoc reports for entirety of the commercial group.
Requirements:
- Bachelors degree in Finance Accounting Economics Engineering or related field.
- Experience in midstream energy or logistics with 0- 2 years work experience in pipeline industry preferred.
- Strong analytical skills with experience in forecasting financial analysis discounted cash flows and contract interpretation.
- Advanced Excel skills and PowerPoint; Power BI experience preferred.
- Ability to manage multiple priorities in a fastpaced operational environment.
- Cleared criminal history (background) and satisfactory reference checks.
- Compliance with the Companys drug and alcohol policy including pre-employment D&A testing.
- This position is not eligible for employment-based visa sponsorship. Applicants must be authorized to work in the U.S. for the duration of their employment.
#Plains
At Plains our employees are our most valuable asset. Hard work is rewarded with competitive compensation and a top-tier benefits program designed to keep our employees safe healthy and happy. We work hard to deliver the best results to our stakeholders and we also respect our employees need for personal and family time which is reflected in our benefits program.
We are proud to bean Equal Opportunity Employer. We are committed to providing employment opportunities to all qualified individuals without regard to age race color national or ethnic origin religion sex sexual orientation gender identity or expression veteran status genetic information disability or any other characteristic protected by federal state or local with disabilities can request accessible formats communication supports or other accessibility assistance by contacting .
Salary details estimated by job boards such as Indeed Glassdoor and LinkedIn do not represent Plains compensation structure. We thank all candidates for their interest; however only those selected for an interview will be contacted.
By submitting your resume you consent to the collection use and necessary disclosure of the personal information provided during the application and selection process. Learn more.
Required Experience:
IC
About Company
Plains (NASDAQ: PAA) is a publicly traded master limited partnership that owns and operates midstream energy infrastructure and provides logistics services for crude oil, natural gas liquids and natural gas. PAA owns an extensive network of pipeline transportation, terminalling, stora ... View more