Thread regarding Phillips 66 layoffs

More Proof

The price differential between P66 and our peers is widening. Valero is now ~$20 higher than PSX and Marathon is now ~$32 higher than PSX. This is even more proof that BT is an epic failure. Not that any additional proof was needed. Everyone but the ELT has known that BT hasn’t accomplished anything except laying off a lot of good decent people!!!

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| 1662 views | | 5 replies (last September 22)
Post ID: @OP+1ozgcc0t

5 replies (most recent on top)

Whatever MPC and VLO are doing is working. PSX presented a plan at the investors meeting last November that included stock buy backs that was going to raise the value of PSX stock. If PSX needed to do more buy backs, that's what they should've done. PSX's plan is not working.

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Post ID: @apgw+1ozgcc0t

Y’all realize MPC is doing 3x the share buybacks at their closest rival VLO. It’s

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Post ID: @awvz+1ozgcc0t

Hey!!! Calling the CEO and his sidekicks clowns is an insult to clowns! So is calling them buffoons, for that matter!!

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Post ID: @fva+1ozgcc0t

P66 at its core has a "brand crisis". Many of its branded stations are unappealing, while traveling I see competitor stations attracting twice or triple the amount of business, but hey what do I know...

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Post ID: @eir+1ozgcc0t

Go check what the price differential was when our current CEO was appointed a little over a year ago and you’ll see where the problem is. Investors have no confidence in this clown and his sidekicks.

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Post ID: @emv+1ozgcc0t

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