Commercial Strategy Advisor at Marathon Petroleum

Houston, Texas, United States

Marathon Petroleum Logo
Not SpecifiedCompensation
Mid-level (3 to 4 years), Senior (5 to 8 years)Experience Level
Full TimeJob Type
UnknownVisa
Oil & Gas, Energy, RefiningIndustries

Requirements

  • Experience working with sources of industry and market data (e.g., EIA, WoodMac, Kpler, IIR, PIRA, Platts)
  • Intermediate to advanced understanding of refining, marketing, and logistics operations as well as economic value contribution
  • Ability to develop mid-to-long-term regional market intelligence and forecasts
  • Skills in creating competitive intelligence assessments and modeling financial sensitivities for potential projects/agreements
  • Experience negotiating commercial terms for agreements and securing executive support for recommendations
  • Ability to form hypotheses, draw inferences, represent uncertainty, and effectively communicate analysis to various audiences, including executive leadership

Responsibilities

  • Identifies and leads logistics cost reduction efforts and strategic placement efforts for MPC production
  • Manages intermediate to advanced level commercial relationships with third party logistic service providers, including negotiation of renewals or new contracts
  • Conducts, leads, and guides teams and initiatives around detailed industry and company specific strategic organic growth opportunities as well as potential acquisitions, mergers, or divestments; facilitates the development of strategy around a group of assets
  • Guides and performs economic evaluation and intermediate financial modeling & analysis to identify value creation opportunities that align with the company’s strategic objectives
  • Leads collaboration and serves as liaison between multiple internal stakeholders (e.g., Business Development, RVCO, Trading, Scheduling, Marketing) to understand business needs, identify constraints and opportunities, discuss local and regional economic drivers, and propose solutions
  • Identifies, participates in, and co-leads cross-functional projects, including development of business case, options, and handoff for execution; able to co-lead significant project execution
  • Consistently and effectively communicates opportunities, plans, and strategies to internal stakeholders using multiple platforms; adjusts detail level for audience and presents to executive leadership
  • Assists critical operational analysis and leadership research; maintains robust roster of internal and external data sources, merges with commercial knowledge, stores and socializes analysis, reports, and presentations

Skills

market intelligence
forecasting
competitive intelligence
financial modeling
contract negotiation
commercial strategy
logistics optimization
crude trading
business development
Permian Basin
Four Corners Region

Marathon Petroleum

Refines and markets petroleum products

About Marathon Petroleum

Marathon Petroleum Corporation operates in the energy sector, focusing on refining and marketing petroleum products. They process crude oil into usable products like gasoline, diesel, and jet fuel at the largest refining system in the United States, located in Findlay, Ohio. Their extensive network includes branded retail locations across the country, primarily under the Marathon brand, serving individual consumers and businesses that need bulk fuel supplies. Additionally, they have a midstream subsidiary, MPLX LP, which gathers, processes, and transports crude oil and natural gas, facilitating the supply chain from raw materials to refineries. Marathon Petroleum's integrated business model allows them to control multiple stages of the supply chain, optimizing operations and reducing costs, which enhances profitability. The company's goal is to maintain strategic growth and operational excellence while serving a diverse range of clients efficiently.

Findlay, OhioHeadquarters
1887Year Founded
IPOCompany Stage
EnergyIndustries
10,001+Employees

Benefits

Health Insurance
Dental Insurance
Vision Insurance
Paid Vacation
401(k) Company Match
Parental Leave
Professional Development Budget
Performance Bonus

Risks

Volatility in crude oil prices can impact MPC's profitability.
Stricter environmental regulations may increase operational costs for MPC.
The rise of electric vehicles could reduce demand for MPC's gasoline products.

Differentiation

MPC operates the largest refining system in the United States.
The company has a strong integrated business model from refining to retail.
MPC's midstream operations through MPLX LP enhance its supply chain control.

Upsides

MPC's focus on operational excellence ensures competitive advantage and profitability.
Recognition for energy efficiency by the EPA highlights MPC's commitment to sustainability.
MPC's extensive retail network strengthens its market presence and customer reach.

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