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.
Periodic L and D Reminder
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
BEAT Valero
Soon P66 stock will pass Valero. BT is the reason behind it
Propel Could Cost What??
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 - It’s About to Get Very Interesting
Elliott has nominated a slate of 7 candidates to join the Board of Directors. Thing are about to get hot for Gogo and others.
Changes to ratings & VCIP
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
Good God...the insanity
$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
Phillips 66 is a good company
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
Undecided
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
What did I miss at the People Forum?
Who did the invite go out to? What was discussed?
Earth to the ELT
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 Borger Refinery - The Flare
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
Stick to Core Business
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
Not a Good Place to Be
With Elliott in the picture, L and D mid and upper level “leadership” is not a very good place to be right now!
Former VP and head of BT to McKinsey
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
Threads disappearing?
The recent DOGE thread went missing. Censorship much?
Going After the Board
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.
ELT changes?
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.
Culture
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
Hiring Freeze?
Talk at HQ will announce hiring freeze, and truth.
Want Elliott to take over? Remember what we get.
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.
VCIP Watchalong
What are live reactions to the VCIP Townhall
We’re Waiting
We’re all waiting to see the Phillips 66 response to the Elliott letter.
Work Elimination Program Lawsuit?
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!
Elliot
Streamline66.com
Big Elliott News
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.
VCIP question from someone who was laid off
I left the company late last year, but receive VCIP still. Has VCIP been announced and can anyone clarify when payments go out?
Join In!
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
VCIP Question Thread!
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
Our Earning Are So Bad! Any Merger Opportunities Out There?
Anyone got any ideas?
Who’s Leaving?
How many of you plan on ditching as soon as VCIP hits the bank? Count me in! Should be all time high turnover from grumblings I hear. Get ready to leave or do more work from someone who left.
Soap is NOT a LUXURY.
This is in response to below email. These types of cut backs are extreme and last time I checked OSHA says: Employers must maintain restrooms in a sanitary condition. Restrooms must provide hot and cold running water or lukewarm water, hand soap or... — read more
Canadian Oil Tariff's in February
Will this hurt our refineries, and raise prices at the pump.
Additional Proof It’s Not Working
Today’s poor 4th quarter 2024 earnings result is further proof that Businesses Malformation is not working! Someone please turn it off!
Big wigs Juicy share acquisitions?!
Its around this time of year where our lovely ELT make themselves a few million dollars by giving themselves their shares, how many we expecting them to take? usually a good indication of the VCIP to as "controllable costs" which seem to get worse... — read more
RSUs
Please clarify
DEI at PSX - How Will it Evolve
There is a lot of news about the government’s rollback of DEI under Trump, supported by the SC ruling in the Harvard case. Many major corporations are removing DEI offices and eliminating DEI in the workplace altogether. We seem to be well behind... — read more
We Didn’t Start the Fire
It was always burning, since the world’s been turning! https://www.latimes.com/environment/story/2025-01-16/climate-protesters-storm-phillips-66-facility-amid-recent-wildfires