Think for yourselves
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and clean house in the board.
Elliot’s plan is simple. Spin midstream off, use the cash to buy back shares, pump stock price, bail. No real value created. Look at psx market cap vs outstanding shares compared to its peers. Psx has a higher market cap (more money invested in it) but it’s divided by more outstanding shares making the individual stock price lower.
Provocators? Please! Dispute with facts and numbers anything Elliott or people have said.
As a paid employee here, I do not support this mission.
Former P66 employee here, after a decade of service with the company. I fully support Elliott and their mission.
Now this is getting juicy!
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