The show is now run by the Cancel Culture crowd. Destroy all history and sense of belonging. Drain the last bits of enjoyment from our work. Job done.
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The fun culture, listening, and new ideas went with Phillips 66. The culture of command and micro-control went with ConocoPhillips. Compare the performance of the two stocks. Leadership went to Phillips 66. Executive compensation went to ConocoPhillips’s.
Bad for COP but great for PSX. We don’t even own our Houston offices anymore. You tell me. How’s that stock doing?