ELT has made it clear they frequent this site, so, what burning questions do you have but don't want to ask through their supposedly anonymous form?

one year returns: Delek 141% HF Sinclair 36% Valero 35% Marathon 31% S&P 500 17% PSX 10%

With the purchase from Cenovus' 50% share of WRB and now the pipeline deal to Arizona and California P66 has now made 2 good deals in a row. These deals place substantial focus on refining. The Elliott directors must be making their presence known... — read more 

Get your hands on a set of the new orgs charts out today. Dozens of newSVPs and new VPs. The top just got heaver w/blessing of new EVP of perpetual conference attendee (HR)

What is the long-term goal of the retitling post restructure exercise? My guess: It will be used as a way to delevel people who don’t meet the new job architecture skillset requirements, with a goal to push them out of the company.

I have to say that I didn’t get much out of the L and D Month of Learning, a little but not a lot for the amount of effort they put into it.It seems that group was better a few years ago.

How many of you are happy you voted for Elliott now?

IT has so many departments and similar functions. IT is a service, why not eliminate most of them by contractors and real IT companies. So many IT workers looking for work with AI so the pay and market availability is now a great time to lower our... — read more 

Just opening this up as I am already getting employees who are upset. Especially at the director level.

Another long and tedious United Way season at Phillips 66 has begun. We are being asked yet again to give to an organization where nearly 20% of your money goes to pay for administration and fundraising efforts. We are being asked to give so that... — read more 

Thoughts on the sudden increase in loss of containment and fires within the industry? This past week has numerous incidents in the news. Is this a prequel to the new norm due to reduction in experience, headcount, and overall intelligence? Inquiring... — read more 

1 Year Return: Valero 19% HF Sinclair 17% Marathon 15% Phillips 66 (0.4%) 2 Year Return: Marathon 19% Valero 17.5% Phillips 66 14.3% HF Sinclair 4.5% Since Mark L. Became CEO (July 2022) Marathon 32% Phillips 66 19% Valero 17% HF Sinclair 8%

Is this true for Phillips 66, 75% of the company’s are having problems keeping collage graduate's? I have a friend that wants to retire but he was asked to stay to get a person trained. For now every new person that came in has quit after one month.

They can’t all be gone can they? Where they at?

Why are some posts quickly deleted or never even posted?

…the fish rots from the head.

Has anyone watched this video? I know it’s out there but I’ve been too busy pretending to be busy to watch it.

For the last 3 years Phillips 66 has been undergoing what Go Go calls Business Transformation. "Transformation" has basically consisted of laying off a few employees at a time once or twice a year and vague promise that things are going to improve in... — read more 

Federal Circuit Orders Retrial in Phillips 66 and Magēmā Patent Dispute, Citing Prejudicial Ruling 7 days ago2 mins The Federal Circuit has mandated a new trial in a patent infringement case involving Phillips 66 and Magēmā Technology. This decision... — read more 

Did I miss something?

I didn’t think it was possible but Go Go has made a good move. The purchase of Cenovus 50% stake in WRB should have been done a long time ago. It just goes to show that even a broken clock is correct 2 times a day.

In these trying and uncertain times, strong, competent leadership is required at the top of P66. I respectfully submit that Go Go is not that leader. Or Tractor Man for that matter.

Elliott recently increased its stake in PSX and now owns ~16 million shares. So they’re not going anywhere.

Phillips 66 offers good pay and good benefits. And before the Go Go regime took over it was a relatively satisfying place to work. Now with the failure of BT. WEP, and never ending layoffs it’s sad place to work. Morale is at rock bottom. Employee... — read more 

It's been kind of quiet lately, a calm before the storm?

There are a couple of new stories out of California today. Phillips has settled a wage theft case for ~$12 million. This involves requiring employees to dress out early without being paid, deducting pay for lunches even when the lunches were... — read more 

Former laid-off employee here. P66 management deserves this for the sh*t show https://natlawreview.com/article/massive-6049-million-verdict-landmark-trade-secret-case

I’m hearing that CP Chem is really having problems right now. I can’t help but think that Go Go was the CEO of that company only few years ago. He even bragged about how great successful that BT was. I hope epilogue is not prologue at P66.

Nice to know that HR is hiring a Sr recruiter when they are not busy laying off good people. Probably need to staff up the HR Team to lay people off faster and bring in cover up teams for the bungling VP HR

Is there any truth to those rumors?

ConocoPhillips is leaving Bartlesville by end of 2026. Will we follow and leave to?

Anyone else in projects around the company got meetings today?

Because we convincingly won in our proxy contest, ML thought it wise to host a party in NYC to celebrate with the core team and the BOD. Can’t make this sh*t up.

Are we selling a stake to BP? Why? https://www.ctol.digital/news/phillips-66-800m-verdict-biofuel-trade-secrets/

Propel seeks $1.2 billion

This is the periodic reminder that while L & D continues to have good employees at the different locations, L and D “Leadership” continues to perform very poorly.

Phillips 66 (P66) is truly an sad place to work for , how do you think escorting people out like criminals who have worked tirelessly for you (12 hours a day for a measly pay you can make at McDonalds) would boost morale. What happened to a 1 month... — read more 

Heard few let go in Houston today Any other sites?

Close Bartlesville. Just cheap labor and hillbil--es there!

CNBC had the CEO on Squawk Box yesterday to discuss 2nd quarter earnings. My question is why? Companies report earnings every day. Our earnings were ok but not close to being spectacular so why give publicity to just another company reporting... — read more