E

ExxonMobil

Produces oil, gas, fuels and chemical materials

Valuation and Structuring Quant Analyst - Gas and Power

Full-Time
No salary listed
Mid
Master's, PhD
Spring, TX, USA
In Person
Quantitative FinanceQuantitative Research

About the job

Requirements
  • A strong quantitative background, with a preferred Master of Science or Doctor of Philosophy degree.
  • Experience in Front Office gas and power valuation, structuring, or optimization.
  • Expertise in storage modelling, swing option valuation, pipeline and transportation optionality, power asset and dispatch optionality, option pricing, and curve and volatility modelling.
  • Advanced Python skills for pricing tools, optimization routines, and scalable analytics.
  • Experience calibrating illiquid parameters and running back tests for storage, swing, and power optionality frameworks.
  • Understanding of gas hubs, power markets, capacity auctions, congestion patterns, spark and dark spreads, and operational constraints across pipelines and generation assets.
  • Ability to clearly communicate complex optimization and valuation logic to traders and commercial teams.
  • Strong attention to detail and documentation discipline.
Responsibilities
  • Provide fair valuation and independent risk assessment for gas storage, swing options, pipeline capacity rights, load-following structures, and power-asset-linked deals, quantifying operational, volume, flexibility, and market optionality.
  • Support traders and originators with structure design, including exercise rules, dispatch and flow logic, strike and index formulas, exposure mapping, sensitivities, and commercial explanations of optionality value drivers.
  • Build valuation templates and analytics tools that model storage injection and withdrawal optimization, swing flexibility, dispatch optionality, and capacity arbitrage using stochastic, scenario-based, and optimization techniques.
  • Contribute optionality and valuation insight to large global corporate projects, including long-term gas supply frameworks, cross-border capacity optimization, and power-asset commercialization initiatives.
  • Advise on hedging strategies for complex exposures across gas hubs, power markets, capacity rights, and cross-commodity structures, identifying hedgeable and residual components.
  • Conduct back testing, assumption validation, and parameter research, including calibration of illiquid curves, volatility structures, correlation frameworks, and dispatch-driven price dynamics.
  • Collaborate with quantitative modelling, technology, and data teams to support robust model deployment, Front Office tool integration, and asset-optimization workflows.
Desired Qualifications
  • A Master of Science or Doctor of Philosophy degree.

About the company

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ExxonMobil

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Website

ExxonMobil produces oil and natural gas and manufactures fuels, lubricants, and chemicals for transport operators, industrial customers, and consumers around the world. Its businesses span resource exploration and production, refineries that turn crude oil into fuels, and plants that make plastics and other chemical materials. The company sells products through wholesale supply agreements and the Exxon, Esso, and Mobil brands, including motor oils for vehicles and machinery. It also sells services that capture, transport, and store industrial carbon dioxide underground. The merged company formed in 1999 from Exxon and Mobil, with roots in earlier oil businesses, and is headquartered in Spring, Texas.

Company Size

10,001+

Company Stage

N/A

Total Funding

N/A

Headquarters

Irving, Texas

Founded

1999

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Simplify's Take

What believers are saying

  • Investment has cash backing: ExxonMobil generated $23.6 billion of operating cash flow in the June 2026 quarter.
  • ExxonMobil is commercializing carbon storage: its second Louisiana operation started in February 2026.
  • Eligible U.S. employees build retirement savings: ExxonMobil contributes 7% of salary when workers contribute 6%.

What critics are saying

  • Oil prices drive ExxonMobil's results: higher crude prices added $4.2 billion to upstream earnings in the June 2026 quarter.
  • U.S. starting vacation is limited: ExxonMobil lists a two-week base allowance that increases with service.
  • ExxonMobil's workforce contracted: February 2026 reporting showed regular employees fell from 61,000 to 58,000 during 2025.

What makes ExxonMobil unique

  • ExxonMobil controls a vast shale footprint: its combined Permian holdings span more than 1.4 million net acres.
  • ExxonMobil directs Guyana's major offshore field: its affiliate operates Stabroek with a 45% stake.
  • ExxonMobil owns carbon-storage infrastructure: its U.S. carbon dioxide pipeline network stretches more than 1,300 miles.

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Benefits

  • Health Insurance
  • Life Insurance
  • 401(k) Retirement Plan
  • Competitive compensation
  • Medical plans
  • Maternity Leave
  • Retirement benefits
  • Annual vacations & holidays
  • Day care assistance program
  • Training and development program
  • Tuition assistance program
  • Workplace flexibility policy

Company News

Yahoo Finance
Oct 17th, 2026
Diesel at $6.20 a gallon: Marathon leads five energy stocks set to gain

US diesel prices averaged $6.199 a gallon for the week of October 5, the US Energy Information Administration (EIA) said. That is down from a 2026 peak of $6.529 in late September but more than $2.50 above a year ago. A disruption to Strait of Hormuz shipping earlier this year cut global refined fuel exports. Refiners gain most. Marathon Petroleum's refining margin doubled to $36.33 a barrel in the second quarter, from $17.58 a year earlier. Integrated majors also benefit. Chevron's downstream earnings rose to $4.9 billion from $737 million, while ExxonMobil's refining and fuels earnings reached $4.1 billion, nearly double a year earlier. Pipeline firms Energy Transfer and Enterprise Products Partners earn mostly fees, so they get little direct lift. The EIA expects prices to stay high through October before easing.

Yahoo Finance
Oct 16th, 2026
Exxon shares rise 2% as refining margins add $4.5B to Q3 estimate

Exxon Mobil shares rose 2% to about $178.04 on Friday after the company said stronger refining margins could add about $4.5 billion to third-quarter results, compared with the prior quarter. In a filing with the Securities and Exchange Commission, Exxon estimated a net $4.4 billion boost from better product margins. That was partly offset by a $1.3 billion hit from lower oil and liquids prices. The company said it saw no volume losses tied to Middle East events. Goldman Sachs analyst Neil Mehta said the filing implied earnings per share near $4.10. That is above the FactSet consensus of about $3.87, but below Goldman's own estimate of $4.33. Exxon will report full results on October 30. The stock has gained 48% this year.

Yahoo Finance
Oct 14th, 2026
ExxonMobil shifts focus from Pioneer to Guyana and refining as fuel sales hit $290.3B

ExxonMobil now stresses Guyana and refined fuels over its Pioneer Natural Resources acquisition, which it highlighted on its fiscal Q3 2024 call. The stock trades at 22.2 times earnings, near the S&P 500's 22.5. On its July call, management cited record Permian output of more than 1.8 million oil-equivalent barrels per day and record second-quarter diesel production. Guyana's gross output was about 900,000 barrels per day, and ExxonMobil recovered its capital and costs there nearly two years early. Energy Products brought in $290.3 billion in fiscal 2025, down 6.5%. Upstream earned $101.8 billion, down 1.7%. Energy Products makes up about 23% of business line earnings, up from about 9% five years ago. Risks include fuel margins boosted by a shipping route closure and possible European windfall taxes. Investors should watch Energy Products earnings and the start-up of the fifth Guyana vessel, Errea Wittu, expected by the end of 2026.

Yahoo Finance
Oct 14th, 2026
ExxonMobil chemical earnings jump to $1.13B from $110M, but can margins last?

ExxonMobil raised chemical earnings from $110 million in the first quarter to $1.13 billion in the second, even as sales volumes fell. It sold 4.47 million tonnes of chemicals in the second quarter, down from 5.36 million in the first. The company credited $980 million of the year-over-year improvement to margins, helped by stronger North American ethane economics and performance chemicals. Industry chemical margins still sat below the bottom of the 2010–2019 benchmark range. Chemicals made up about 8% of group second-quarter earnings. ExxonMobil trades at 15x forward earnings, and analysts expect about 77% adjusted earnings per share growth in fiscal 2026. First-half operating cash flow was $32.26 billion, with $13.00 billion spent on property, plant and equipment.

Yahoo Finance
Oct 12th, 2026
ExxonMobil's Guyana and Permian surge lifts outlook, but climate lawsuits loom over $373.7B revenue target

ExxonMobil's output from Guyana and the Permian Basin is growing strongly. Its upstream volumes outside the Middle East have reached their highest level in more than two decades. Analysts say the company's valuation has held up and that it can sustain cash generation despite weaker crude price forecasts, climate litigation, and efficiency concerns versus peers. The US Supreme Court will hear Suncor v. Boulder, a climate case involving ExxonMobil, which could shape how far such lawsuits can go. One narrative projects revenue of $373.7 billion and earnings of $45.7 billion by 2029, up from $32.8 billion in earnings now. It puts fair value at $170.91, in line with the current price. The most optimistic analysts see revenue of $509 billion and earnings of $55.2 billion.