Curious perspective: The company has all but ki-led chances of promotion with this new approach to business approval for increase of an individuals grade. You need to have some serious power behind you now if you want that next pay grade - GOOD... — read more 

Does anyone know how much Houston P66 traders get paid for total comp of base and trader bonus?

Recently P66 and/or employees have posted pictures of Go-Go performing Good Energy. I wonder if he actually performed any work or if he just stayed just long enough to get his picture taken and then left the job site?

Charges for personal use of company aircraft as reported in the PSX Proxy Statements: 2026: $271k 2025: $238K 2024: $198k 2023: $266k 2022: $116k Garland, for comparison: 2021: $176k 2019: $73k

Way to go team! Our commercial team over delivered and we got a $900 million loss. Let’s keep this momentum so we can continue to pay our ELT millions!

New manager came in months ago. Still doesn't know who works for him or what anyone does. Doesn't try to learn. Doesn't talk to his people. Just exists. And we're supposed to be okay with that.

Is hiring a multitude of contractors the industry norm or a Phillips culture? Have spoken to quite a few employees that have been contractors for a few years. Is there no push to have permanent employment? Or does anybody have any inside scoop on the... — read more 

I was reading the WSJ about Elon Musk and found this interesting: “For Musk, that (his management philosophy) means latching on to one or two existential issues and riding them week after week. “I used to sit in those meetings, saying I’m pretty... — read more 

Repeated extensions of the open season for Western Gateway is concerning despite the company’s narrative. Why is honesty so hard for this company to embrace? Reverse psychology 101; “due to high demand and interest”. Really? One would think those two... — read more 

Did I read the official email correctly? All personal email and cloud sites will be blocked on our browsers as of 4/4/2026?

The recent surge in share prices are not a reflection of the market now thinking Phillips 66 is a better investment than peers. YTD we are trailing all refiners, including PBF, Delek, and even CVR and are right in line with the broader S&P energy... — read more 

Scene: Corporate office conference room. A banner reads “Forward Together.” It’s hanging slightly crooked. ⸻ EMPLOYEE: Mr. Go-Go, thanks for sitting down with me. Employees have some questions about the company’s direction over the last few... — read more 

P66 is is speaking at the Piper Sandler Energy Conference next week. Go-Go usually talks about 95% of Phillips allotted time at these things but this time he’s not listed as a speaker. Just the Refining VP and the Saucy CFO.

P66 is literally a dumpster fire. I am utterly amazed that industry reporting and publications are remaining so silent. It could be that entities or people that stand to lose a lot are pushing the stock price up to get out. Make no mistake, there are... — read more 

We need to be clear: controllers will not be relocating to Tulsa. This move would result in the loss of critical experience that safe pipeline operations legally depend on every day. Seagull needs to fully understand this reality. Our position on... — read more 

P66 has announced that 2 new directors have been appointed to the Board of Directors. I don’t know anything about them but Elliott says they’re pleased with the appointments. If they’re pleased I’m pleased.

Go Go and company have been traveling around the country talking to investors. They’re trying very hard to sell them on how great having midstream and chemicals is. And maybe it is. The thing is P66 is a refiner before anything else. Refining is... — read more 

It’s striking how the true heartbeat of many companies the frontline workers in blue-collar roles rarely voices complaints about lack of recognition. Yet those in office based positions often amplify their own grievances about feeling undervalued or... — read more 

What is going on with the continual stream of postings on LinkedIn with our executives at charity events, groundbreaking ceremonies for non-profits, opening of trading floors at a university, and Leaders Group members discussing risk, AI, and... — read more 

M@rk, please wake up and see who is running this company: Your head of HR is an emperor with no clothes. Your CFO is a washed up hack that does not develop people and is coasting. He also does not live our values. Your head of IT is in WAY over... — read more 

What's going on in IT? Two years ago there was one VP/GM position, the CIO, although they were approved for two. Now there are three VPs, including the CIO; the second VP position (then GM) was filled in 2024. That's a big increase in comp as VP's... — read more 

So a senior vice president takes a leave of absence?! He was a rising star but even he is disenchanted with Phillips 66 and the money is not enough to retain him. That or he was forced out. Who takes a leave of absence at that level?

I’m hoping someone in management will read this and wonder why we have Refining PCN doing the majority of IT infrastructure, and IcS staff at sites are pretty much useless and do very little of the core business. It’s the biggest waste of resources... — read more 

I'm thinking it's a certainty by now, but if I'm wrong, please let me know.

I’m not going to say our execs are perfect by any means. But just look at what Elliott did to Southwest Airlines. Absolutely horrific. They’ll do the same to us https://x.com/airlinegeeks/status/2021708971283734918?s=46

As the overlords graciously granted us peasants a “very good” 134% payout for our hard work and “solid financial results”, the board just granted ole GoGo 29,000 more RSUs for his terrific performance in 2025! Let that sink... — read more 

Anyone else sick of ebitda ruining the vcip??

Phillips 66 increasingly feels like four different companies trying to share one identity. Refining behaves like a cyclical market business. Midstream behaves like long-cycle infrastructure. Chemicals operates on global petrochemical... — read more 

Go-Go stated in a recent Barton’s interview that the decent earnings results are a result of all the things that have been done to P66 in the last 4 years. He said “it’s all coming together”. No it isn’t. The earnings are the result of good refining... — read more 

Water fountain rumors are that GoGo and Southernland have been meeting with outside legal teams negotiating an acquisition of P66. Anybody have any insight? Watching the stock trades of the ELT and Board definitely makes one wonder if there might be... — read more 

~80% of employee count.

Wouldn't it be smarter to wait for severance?

Read on LinkedIn that she joined yet another company. Feel sorry for them. She will destroy that company now.

I had comment deleted from the Bartlesville layoff thread. In my posted I discussed how I thought Go-Go and Tractor Man likely feel about layoffs. I guess I struck a nerve with someone because it’s been deleted. It was up for ~24 hours before being... — read more 

Heard of folks being walked out at the research center earlier today. I guess positive financial results means layoffs. Negative results mean exercising the 5% rank and yank provision in the new performance system? Hopefully they give good packages... — read more 

With the release of the E files, ya'll know, I'm not about to type any more details than that... I have to ask. Has anyone searched through our current BoD? Leadership Chain? Or priors who've left? I think we would all love to know the company is... — read more 

Phillips 66 continues to argue that midstream is a stabilizing complement to refining—a business that smooths volatility and anchors the portfolio. That framing sounds reasonable until you look at how differently these businesses actually... — read more 

4th quarter and full year earnings are due out tomorrow. They’re probably going to be very good. But only because refining margins have been pretty good, not because Go Go has done anything worthwhile.

Can we stop these micro layoffs and just do a big one and call it a day? The anxiety of the impending due does not help morale.

Please try to remember this while you are listening to a corporate goon (GoGo) explain why VCIP isn’t great but the best is coming! “During the pendency of any appeal in the Propel Fuels case, Phillips 66 is accruing additional interest liability... — read more