The CEO mentioned in a LinkedIn post that ~82% of employees voted with board in the proxy battle. I know the company is not supposed to know how any particular shareholder voted, but if they know how a group voted it might not take much effort to... — read more 

Any proxy fight that results in nominees from the outside getting appointed is a loss and an indictment of management. That's IR 101. The outcome says the institutional investors don't think Elliott's plan is necessarily the right track but something... — read more 

It’s easy to be down because Elliot didn’t get their full slate of 4 board members elected. But they get 2 when no other shareholder activist has been able to get 1 member elected. This is in spite of the fact that Vanguard, Black Rock and State... — read more 

Michael Heim (from Targa) elected to Phillips 66 Board

“BIG NEWS: Phillips 66 $PSX survives shareholder vote against Elliott: 2-2 split, sources tell @semafor. This despite ISS and GL both endorsing Elliott in its first ever US proxy vote. Prelim results released soon.”

Regardless of vote - there is one conclusion that is pretty much universal - Laisher has got to go. He's a failed CEO. He's done miserably in the shareholder defense. He has no vision or can't articulate it. His commentary on the earnings calls make... — read more 

By this time tomorrow we'll know who won the proxy battle.

In the can’t catch a break category, P66 board structure is taken to task for failing to serve the interests of shareholders. Nothing shocking here, just evidence of the company leadership’s insular... — read more 

Phillips 66 has pleaded not guilty to unlawfully dumping wastewater in California. Come on Phillips, just own up to what you did and do better in the future. And while you’re at it, settle with Propel for what you were found guilty of doing to... — read more 

Elliott has raised their stake in P66. Do they know something?

For the gambling types, after Elliot wins the proxy and "retires" the current ELT, who will be the next CEO? Greg Goff - Amber Energy Gary Simmons - Valero Rodney Dilon - Flint Hills Resources Eric Zimpfer - Cenovus Tim Roberts -... — read more 

The company’s LinkedIn page just posted some nonsense about solar panels, all while Ellliott is picking up steam on a “concentrate on refining” message. Joe out of touch can you be?? Hopefully Elliott is taking notes on who is supporting “the white... — read more 

https://www.businesswire.com/news/home/20250513093473/en/Phillips-66-Issues-Statement-Following-Glass-Lewis-and-ISS-Reports

Elliott has picked up another endorsement from a proxy advisory company, a company by the name of Investor Shareholder Services, ISS. This time the endorsement is for all 4 board candidates.

lmao if this doesn't lay bare the corruption and incestuous nature of corporate governance.... what qualifications or credentials does ZG possess to guide a tractor company?... — read more 

Forced or realization she fu---d up the company? Elliot gonna take over now?

Their latest presentation is the best 1 yet. It demolishes every point that Go Go and The Board try to make!

The good people of P66 currently have two choices: GoGo and the ELT or Elliot. The only possible get out of jail free card is if a White Knight comes to the company's rescue. Presently, there are none on the horizon. On one hand there's the devil... — read more 

Wood River Refinery has delayed its startup after performing maintenance by at least 1 week. Didn’t Go Go say not more than a week ago that all turnarounds had been completed on time and under budget?

https://streamline66.com/wp-content/uploads/2025/04/Streamline-66-Elliotts-Perspectives-on-Value-Creation.pdf Such a great report, professional, world class level, great Elliotts!

Phillips 66 has posted a long presentation stating that the company is doing very well since Go Go took over in 2022 and how Elliott is wrong on everything. This presentation says a lot of things, but the one thing that stands out to me is that it... — read more 

If Elliott is smart, they should actively be courting the hundreds of employees fired, laid off, let go for being over 55 years old, etc in the past couple of years for their proxy if they kept their P66 stock. There were SGL 20+ people let go by... — read more 

Think GOGO has the guts to open this year. I’m sure Elliott isn’t happy about wasting cost on running the executive resort. Hired Help Cost of Boats Maintenance of Golf Course Food for employees Stony Jackets for guest Food & Booze Corporate Jet... — read more 

So while we fight with Elliott and are told to stay focused, our ELT, HR and IT leadership are flying around the world to Singapore and India, spending money we don’t have and broadcasting it to the world on social media.

Sure would like to know the printing and postage cost of the multiple proxy mailings. Don't tell me that it cost the same as the SPD suitcase printing and mailing, which was $1MM. What a waste of paper, postage and company money.

Well, 1st quarter earnings were poorer than the already low expectations. It's hard to rationalize major changes at the highest level are not required going forward.

Go Go and the Board have increased the dividend by 5 cents a share. Is this an act of desperation that is too little, too late to stave off defeat in the proxy battle?

Any thoughts on what will happen if Eliot doesn’t pick up any board seats? Will they continue to buy more stock and continue their fight or sell what they have and move on to the next opportunity?

Has anyone actually watched the videos Elliott is putting out? The female nominee is insulting to other qualified board members. Send her back to the farm. And Pi$e is an Elliott lightweight. Even everyone there hates him. The guy defines... — read more 

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... — read more 

In a recent survey >60% of major shareholders expressed dissatisfaction with the performance of the company. For details refer to Streamline 66.

Just curious on why ConocoPhillips spun off its refining and midstream business in 2012? Old article, but maybe Elliott is on to something..... https://www.dividend.com/how-to-invest/where-are-conocophillips-and-phillips-66-now-cop-psx/

The Borger Refinery recently condemned 2 relatively high pressure, high temperature naphtha reformer reactors due to hydrogen blistering. This may have been totally unpredictable but with the big push to save money, it begs the question if the... — read more 

Think for yourselves

Phillips 66 can talk and brag all they want to about how successful BT and other things have been but that doesn’t make it true. The bottom line is that Phillips 66 financial performance badly lags our 2 main peers. The proof is in the PSX stock... — read more 

Earlier this morning a new post was posted and before very long at all it was deleted. How did P66 get it deleted so quickly? Do they have someone who continually watches this site?

Well, if the stock wasn't underperforming against our peers before, it definitely is now after the tariff/proxy fight combo! Wild stuff.