Elliott says “for years Phillips 66 Management has set performance targets, missed them and then claimed success”. I’m paraphrasing but they are 100% correct in saying that. It’s also happens to be what a lot of us on this site have been saying. — read more 

Check our Melissa Torres How delusional 😂

Youtube https://youtu.be/SugMdD8rIYY You are wrecking our industry with your chaos 50 dollar per barrel oil is a myth 70 is the new 50

https://www.khou.com/article/sports/mlb/astros/daikin-park-new-train/285-dcf4e4cf-37a5-4980-8b67-78d41479a433

Phillips 66 has posted that “we’re moving ahead with a clear strategy and strong momentum”. No you’re not!

There are many of us—employees and former employees—who have quietly joined the effort to support Streamline 66 because we’ve felt helpless, unheard, and frustrated watching this company we care about deteriorate under an irresponsible management... — read more 

$22.6 M for ML. Let that sink in—132 times the pay of the median employee 30% increase in base pay for RH when earnings were near an all time low. Why is RH, such a cheap ba----d? Does not max out matching gift or PAC contribution. Why should we... — read more 

https://finance.yahoo.com/news/elliott-sues-phillips-66-order-201657234.html

Gogo spoke at this conference 1 day this week. Most of what he said was the same stuff about how successful BT has been and the great acquisitions he’s made. 2 the things do stand out though. Gogo said that synergies created with the NGL... — read more 

Hubris Excess Not paying attention to the fundamentals Bad advice Slow response More inattention The reckoning is approaching

Dealing with HR here at Borger Refinery has never been very productive. Now, with BT it’s a complete waste of time. They never give out good information. They’re always very vague and secretive.

This is the periodic reminder that while L and D field personnel continue to perform very well under very trying circumstances, L and D "leadership" continues to perform very poorly. "Leadership" just can't seem to gain enough traction to do anything... — read more 

Soon P66 stock will pass Valero. BT is the reason behind it

Not a lawyer, so I asked AI how much this whole Propel debacle could cost. It's a little more complicated than I thought. You need a bond 1.5x of judgement, accrues simple interest. A company with strong credit pays 1-2% premium for bond. Oh yeah and... — read more 

Elliott has nominated a slate of 7 candidates to join the Board of Directors. Thing are about to get hot for Gogo and others.

How many people noticed the “Global People Forum” email, identified it as important, and added the 10am meeting to their calendar today? They discussed some interesting changes to rankings and VCIP! Cliffs notes: Only 3 ranking categories now -... — read more 

$5 million dollars to Woolaroc???!!!! You must be joking. GoGo should just get in a cage match with Elliott. Winner gets to be CEO. Loser gets to work Woolaroc's welcome... — read more 

Now retired and worked for 41 years with them needless to say I have seen good & bad times, and not all were roses. But Phillips had made me what I am today happy and retired, for this I say thank you

I’m undecided about what I want to happen with CP Chem. As a layman, it does seem to be a pretty good investment. On the other hand, I’d love to see ‘Ol Gogo be forced to either sell it or be forced to resign. I guess we’ll have to wait and see what... — read more 

Who did the invite go out to? What was discussed?

You are not leading. You have been AWOL. You don’t take enough interest in the business or the people doing the work. You are the reason we are here.

The flare at the Borger Refinery is very big today, indicating a unit shutdown or some other problem. This is a pretty common occurrence out here. As big a failure as Businesses Malformation is elsewhere, it is exponentially worse here. They laid... — read more 

We are an Oil Company! Why do we have so much corporate non related core business people in Houston HQ & Bartlesville. Seems like we have so much duplication in IT especially, so many overpriced middle managers, doing what? Refining is really thin... — read more 

With Elliott in the picture, L and D mid and upper level “leadership” is not a very good place to be right now!

Anyone find it suspicious that the guy over the BT, who was also a refinery manager at several locations, took some time to lay low after retiring in July then start with McKinsey just last month? Wonder what his take has been this whole... — read more 

The recent DOGE thread went missing. Censorship much?

8K filed with the SEC. Candidates to contend with our current members up for re-election and then proposing a change to governance that would make all of them vulnerable in 2026 is how I read the filing. Things are heating up.

Now that ZG is going, do you think they will really keep the ELT at the current 8 or do you think they will add someone actually competent to deal with Elliott or just stick with the DEI beauty queens on display.

I've been feeling uneasy about the way our company culture has changed, especially over the last few years. It feels like we've lost our way, and things have become a business transaction between management and employees. It's all about what we... — read more 

Talk at HQ will announce hiring freeze, and truth.

BT started when Elliott got involved the first time. Don’t think that their involvement is going to be sunshine and roses. You’re going to get BT2.0. Break off assets, cut jobs, slash costs.

What are live reactions to the VCIP Townhall

We’re all waiting to see the Phillips 66 response to the Elliott letter.

I felt like I was forced a reduction in SGL and salary because of my age? Has anyone taken legal action, against P66? Any thoughts!

Streamline66.com

Elliott has raised its stake in Phillips 66 and plans to push it to sell or spin off its midstream business. I always did think that had just quietly gone away.

I left the company late last year, but receive VCIP still. Has VCIP been announced and can anyone clarify when payments go out?

If you are in the Houston area and are tired of the rampant outsourcing going on contact Representatives Troy Nehls and Brian Babin. They are close to Trump and can influence it. https://nehls.house.gov/ https://babin.house.gov/ Only takes a couple... — read more 

Last town hall made it abundantly clear that the ELT reads the layoff, so what all do you guys want to ask that you're not willing to put in the "anonymous" Q&A form? I'll start: We're reporting a lot of margin and cost savings, but it doesn't seem... — read more