Thread regarding Phillips 66 layoffs

P66 to be acquired!

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 some validity to the rumors…


by
| 2361 views | | 4 replies (last February 10) | Reply
Post ID: @OP+1kgzjkj3b

4 replies (most recent on top)

God I hope you are right

by
| | Reply
Post ID: @j8+1kgzjkj3b

LAR becomes a master planned community called Propel Ranch Estates

by
| | Reply
Post ID: @b2+1kgzjkj3b

Or he-l, maybe we'll unload Rodeo on Propel to get them to go away. That would be a win/win

by
| | Reply
Post ID: @aq+1kgzjkj3b

Seems unlikely. I guess Marathon might theoretically be interested, since there's not a TON of overlap these days, but pretty much anyone else with the cash to do that is reducing their refining exposure. Us picking up Cenovus feels more likely.

by
| | Reply
Post ID: @ap+1kgzjkj3b

Post a reply

: