Job Title: Finance & Strategy Intern (Summer 2023)
Department: Corporate Development and Strategy / Investor Relations
Summary: Diamondback is an independent oil and natural gas company headquartered in Midland, Texas, focused on the acquisition, development, exploration, and exploitation of unconventional, onshore oil and natural gas reserves in the Permian Basin in West Texas. The role will include exposure to financial analysis, investor relations, capital markets, and both business and corporate development.
Internship Duties and Responsibilities:
- Under the general supervision of the manager and mentor, the Summer Intern is responsible for the completion of day to day tasks as defined below:
- Develop knowledge of the Oil and Gas Industry under the supervision and guidance of an assigned and experienced mentor
- Follow industry intelligence and pass on pertinent information to senior executives
- Assist in preparing monthly deliverables for senior executives and the Board of Directors
- Assist in preparing corporate investor relations materials
- Assist in managing and maintaining the corporate financial model and NAV
- Gather data from market resources for presentation materials for management
- Assist with the evaluation and financial modeling of merger and acquisition opportunities
- Maintain knowledge of both debt and equity capital markets
- In addition, the Summer Intern will complete a project supporting the Corporate Development and Strategy / Investor Relations departments which will be presented in front of Diamondback upper management (CEO, CFO, COO, etc.)
- The Summer Intern will also have the opportunity to participate in Diamondback philanthropic endeavors that help the immediate community of Midland-Odessa
Required Qualifications:
- Pursuing a Bachelor's Degree or higher in Business Administration, with a finance or accounting focus
- Must have strong interpersonal, analytical, and communication skills
- GPA of 3.20 or higher preferred
- Extracurricular achievements or prior work experience is desirable
- Must be willing to work in Midland TX, for the duration of the internship
Preferred Qualifications:
- Pursuing an MBA, Master's Degree in Accounting or Finance
- Prior internship experience within a financial setting