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 you know with GoGo's consultant driven approach to running the company. On the other is Elliot, a wolf in wolf's clothing. Other posts leave open the idea that Elliot might somehow be the bitter medicine the company needs to swallow to move past the years-long torments of different "transformations". The only medical analogy for Elliot's intent toward P66 would be organ harvesting. This will be in the form of divesting mid-stream and/or chemicals, then plugging what's left of P66 into their Citgo play. You can maybe throw in a special dividend from the proceeds of the above as reward for all their hard work. Then it's on to their next target.
One thing is for sure is that Elliot is not going away until they get what they want. UNLESS, a bigger fish comes along. The company that comes to mind is Occidental and voila we're back to being an integrated oil co. Berkshire Hathaway has an interest in OXY and past history with P66.
For those wishing to know a little more about Elliot Management's track record, check out these articles
https://www.barrons.com/articles/elliott-activist-paypal-pinterest-stocks-51663856806
https://cwa-union.org/news/releases/first-of-its-kind-report-exposes-hedge-fund-activist-elliott-managements-long-term
https://qz.com/elliott-investment-history-activist-investor-hedge-fund-1851627755
https://www.reuters.com/business/energy/hedge-fund-elliott-commands-attention-c-suites-relentless-activist-2025-02-13/