Thread regarding Phillips 66 layoffs

Non-core Assets Sale

At the last earnings call, the CEO said that he would probably be talking about the asset sales at the next earnings call.
He’s going to have to hurry if that’s going to happen by tomorrow morning.
It seems to me to be just another BT failure, nonevent.

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| 1051 views | | 3 replies (last May 30, 2024) | Reply
Post ID: @OP+1sdwKIN3

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If the non core asset sale is merely a pipeline and Jet, then I'm satisfied with that result as a refinery employee. Who knows if there will be more?

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Post ID: @zkrp+1sdwKIN3

Having assets up for sale is one thing. Actually being able to execute a sale and get the price you’re wanting is another thing.
So far P66 has shown itself unable to sell anything other than a terminal here and there.

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Post ID: @vpl+1sdwKIN3

Jet marketing in Germany and Austria confirmed as being up for sale.

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Post ID: @iyy+1sdwKIN3

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