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Magellan Midstream Partners Commodities Marketing Analyst in Tulsa, Oklahoma


  • Regularly analyze refined products, crude, and NGL markets and collaborate with commodities team in developing sales and hedging strategies.

  • Maintain and further expand existing commodities analysis reports and develop new risk simulation tools to help MMP evaluate and manage commodity exposure.

  • Market production volume via spot and term trade agreements, buy and sell over/short positions in spot markets, and execute NYMEX hedge trades to cover exposed positions for assigned business strategies and areas.

  • Analyze MMP physical inventory positions and movements for refined products and crude in MMP (Atlas) and other 3rd party inventory systems.

  • Schedule refined products and crude inventory movements within the commodity management system (Right Angle) and other 3rd party inventory systems (Transport 4, etc).

  • Compile, analyze, interpret, and assist in making decisions from reporting of MTM positions, risk exposure positions, hedge status of financial plan, break even analysis, Value at Risk analysis, etc.


  • Bachelor's Degree is required; MBA preferred.

  • Requires more than four (4) years of experience in the industry or related field; experience in a role that directly supported commodities trading and risk management preferred.

  • Proficiency in raw data manipulation, applying advanced MS Excel skills. Intermediate to advanced computation skills.

  • Strong communication and relationship building abilities.

  • Familiarity with crude oil and refined products published pricing sources.

  • Demonstrated problem solving and business analysis skills. Ability to be detail oriented while also maintaining commercial awareness and a broader view of a business situation. Aptitude to apply strategic thinking skills to identify and evaluate logically and creatively various factors that can have a current and future business impact.

This position will be filled at a level commensurate with the candidate's education and experience.

Additional requirements:The ability to communicate effectively orally and in writing in English with co-workers, supervisors, internal and external customers; the ability to work in stressful conditions; the ability to adapt and respond in changing circumstances; the ability to use a personal computer with the Windows® operating system to complete time sheets, send and receive email, and access information posted on the Company’s intranet; availability as needed to work on both a scheduled and call-out basis; and the ability to work at the assigned job site.The above statements are intended to describe the general nature and level of work being performed by employees assigned to this job. They are not intended to be an exhaustive list of all responsibilities, duties, skills, or working conditions.Magellan Midstream Holdings GP, LLC. is an Equal Opportunity Employer and we do not discriminate against applicants due to race, ethnicity, gender, age, religion, national origin, veteran status, sexual orientation, gender identity, sex or on the basis of disability. All qualified applicants will receive consideration for employment.




  • Bachelors or better


  • Masters or better

Equal Opportunity Employer/Protected Veterans/Individuals with Disabilities

The contractor will not discharge or in any other manner discriminate against employees or applicants because they have inquired about, discussed, or disclosed their own pay or the pay of another employee or applicant. However, employees who have access to the compensation information of other employees or applicants as a part of their essential job functions cannot disclose the pay of other employees or applicants to individuals who do not otherwise have access to compensation information, unless the disclosure is (a) in response to a formal complaint or charge, (b) in furtherance of an investigation, proceeding, hearing, or action, including an investigation conducted by the employer, or (c) consistent with the contractor’s legal duty to furnish information. 41 CFR 60-1.35(c)