There was a large but short lived fire at the Johnson Tank Farm area of the Borger Refinery today. Thankfully no injuries reported.

3 takeaways from the conference yesterday: It was established early on that “the Elliott situation” wouldn’t be discussed. The Refining VP stated that the employees are now fully embracing BT where before they didn’t because they didn’t... — read more 

A little surprised we still haven't seen anything from these non core asset sales. I guess the initial announcement wasn't because we already were working with a buyer and close to a sale, but rather it was an announcement to see if any buyers are... — read more 

Greg Garland is leaving his position as Executive Chairman of the Board ahead of the Annual Meeting on May 15th. This seems sudden, has anyone heard any reasons behind his departure? Was he ousted?

Does anyone know of L & D doing anything worth talking about?

So we’re done with McKinsey, but now we’re bringing in BCG? Spending billions on McK wasn’t enough?! Get these people outta here

Facts

Have you noticed when the CEO wants to put out some small amount of wisdom or information, it’s always through the Business Journal of Houston?’

How many do you know? I know four high caliber, quality team members who have taken their VCIP and run for the exit. Such a shame what the ELT has done to this once great company.

I retired during 2023. When I left the policy was that if you retired or were laid off, you were eligible for the percentage of VCIP for the percentage of the year you worked. I guess that changed after I left because I didn’t get VCIP this year. So... — read more 

Has anyone heard anything about Emerging Energy doing anything worthwhile at all?

For me and several colleagues, the consensus was disappointment. Last year the company implied that changes were being made so high performers would receive greater VCIP and stock awards than in the past. We hoped these changes would overcome the... — read more 

Time for some fun. Provide an entry for the townhall bingo card of what buzz words or phrases that will be said. I’ll start… “CPChem is our greatest asset.”

Elliot has gotten its way concerning the board of directors! P66 has appointed 1 new director with another to come. This has to be a bitter pill to swallow for P66 but it was either cave now or face a proxy battle it was sure to lose. In addition... — read more 

With all that we employees have endured - the constant cuts, constant loss of capacity, constant “transformation” and now outsourcing and the degradation of all of our systems and data….if you want a litmus test for the sincerity and the commitment... — read more 

What’s going on in Billings?

Our CEO sat for an interview with Business Journal and offered clarity on which assets are in talks to be sold this year. Has anyone read this article or has anything been said at work?

We haven't heard anything out of them for a while, but Elliott is still out there making their plans. It should be a lot of fun to watch our ELT squirm when they make their next move.

Why are executives letting BU leaders say I want the freedom to do whatever I want but company policies prevent me from doing it so I am going to hire McKinsey to tell people that I am right and all these other people who are paid to safeguard the... — read more 

I just read a long article on Seeking Alpha. It basically said what a lot of people here have been saying about the CEO and that no-one believes P66 can reach the goals it has set for itself. It pretty much tore the ELT a new one. It says it will... — read more 

Cenovus is taking ownership of WRB. Validated thru anonymous person with connections to McKenzie.

One year since BT and 4 major incidents on the east coast. Anyone associated with McKinsey and these initiatives should be fired.

Mandatory Town Hall February 13th right before VCIP announcement. Seems suspicious to some about a possible sell out announcement. Any insights or rumors from others?

I just finished watching the webcast and reading the transcript of the Goldman Sachs Energy Conference that P66 participated in on Thursday the 4th. It seemed to me that the question/answer session was staged as if the P66 reps had been coached on... — read more 

Are there any details on the non-core assets that P66 is in talks to sell?

Here’s to hoping 2024 will be a better year for the P66 employees than the last 2 have been!!

Will there be any Phillips 66 layoffs? Any chatter, news or rumors?

I have it on good authority that Margarita Machine's will be installed at ALL office locations throughout the 1st Quarter of 2024! This is part of the 2024 capital budget and aims to increase productivity and employee confidence in the... — read more 

In my job I interact with a number of groups. None of the groups are performing as well as they were pre Transformation. With that being said, Learning and Development is by far the poorest performing group I’ve encountered to date.

What a great way to help ki-l what little positive morale this place has. Not giving employees early release for Christmas due to “the holiday being on a Monday.” Not sure what Monday has to do with it, but I hope they know there will be zero work... — read more 

I’m sure many of you have noticed that our stock has been doing very well recently. This is due to a number reasons, chief among them is the sector as whole has been gaining and the announcement by Elliott of its interest in the company. One thing is... — read more 

Well, as we head into 2024, I can’t help but wonder what might have been if P66 had spent the last 2 years getting the refineries to run safely and reliably. That’s not to say we couldn’t have done a couple of things that came out of BT, most notably... — read more 

https://www.rodeohouston.com/houston-livestock-show-and-rodeo-announces-first-ever-volunteer-appreciation-day-presented-by-phillips-66-on-march-7-2024/ Gee, my manager wouldn't wish me a happy 50th birthday but the company can pay for a huge party. ... — read more 

I have an interview for this location and would like to know more about it

It’s gone quiet about Elliot the last few days. Is anyone hearing anything through the company grapevine?

I mean, think about it.

The investors obviously have confidence that Elliot can do what they say they’re going to do as evidenced by PSX stock gaining ~10 dollars a share in just the last few days. So why fight them on this by hiring high priced advisors? Just give them... — read more 

Haven't been reading the news too much since I'm old and retired but the past days drama got me reading the news again. at $130+, Elliott, lead the way.

Move everyone back to Bartlesville and run the company with hard working folks. Sell the dump in Houston Drain the Swamp