Rodeo lost $116 million for the quarter despite running very well and at full capacity. When is this going to start paying off like "they" said it was going to?
There's no future here
If you're smart, you're spending all of your free time looking for a new job. If you're not, you're in for a rude awakening not long from now.
LAR
Very sorry to hear about brothers and sisters at LAR. I encourage those of you willing to relocate to consider doing so. I would imagine the cost of living may be quite lower in other states with p66 sites. I realize it is early but do some research... — read more
Oil company Phillips 66 says it will shut down Los Angeles-area refinery
Oil company Phillips 66 announced Wednesday that it plans to shut down a Los Angeles-area refinery by the end of 2025, citing market concerns. https://apnews.com/article/california-refinery-oil-phillips-66-shut-down-bbea1826c0d5d472273f97ad86b870f8 — read more
Problems Facing P66
P66 is facing a number of serious problems that the current ELT seems unable to deal with. In fact, they’ve caused the problems to begin with. A few of the problems are, a demoralized workforce, a failed Business Transformation Effort, and the loss... — read more
Emerging Energy Update
There still is nothing happening here 2+ years after GoGo said that Z was the perfect person to lead this effort.
Renewables Lawsuit $604 million loss
ELT stole this. Go Go Go bankrupt I guess now. https://www.reuters.com/business/energy/phillips-66-hit-with-6049-mln-us-verdict-fuel-trade-secrets-case-2024-10-17/
Elliott???
It’s been almost a year since Elliott came on the scene and gave P66 a year to make meaningful progress towards its financial goals or face consequences. I’m seeing very little to no progress towards these goals from where I’m sitting. Has anyone... — read more
Toxic Supervisor
How are people successfully addressing issues related to toxic supervisor? There is a particular supervisor that has been reported by multiple employees over the past year, but there has been no noticeable improvement in her behavior or management... — read more
Why do ops managers get moved around so frequently
By the time they learn about the plant they moved to another site. This seams like a high risk strategy. What are the real reasons?
The Borger Refinery Operations
The "leadership" of the Borger Refinery has arbitrarily decided to reduce the number of operators on a number of units out here. This is not a good idea because the coverage on most units is already very thin. It seems they're inviting an adverse... — read more
Proud No Longer
As the child of Phillips Petroleum Company employees, I was always proud of my parents for having good jobs and working hard while performing these jobs. So, I was very happy and proud when I got the chance to work for PPCO and the successive... — read more
Which refinery is next
Which refinery/plant is on the chopping block?! They still are looking to sell off more non core assets
Layoffs for Operations??
How likely is that BT layoffs will affect operators at the refineries at Phillips?
Heath Wanamaker at WRR
How’s this guy to work for?
Happy Month of Learning!
Happy month of learning everyone! If you’re an HQ employee, come on down to the plaza for some useless swag. Be sure to be kind to the shameful L&D employees who were forced to volunteer for this sham corporate has disguised as a testimony of P66’s... — read more
Changes at the Borger Refinery
Management has made some changes to personnel responsibilities that seem to me to be taking care of certain employees by creating jobs out of thin air for them. It has nothing to do with talent or ability it’s all who you know. That is unless... — read more
After a year of Transformation & WEP stock is lower than a year ago !
And we spent how much money on consultants? The entire Board & ELT should all get extra pay increases ! Nice work
Can someone please takeover P66
Go Go Go has to GO! The entire ELT is a joke. Maybe COP can buy us.
How does Work Elimination = Decrease SG Level?
Can Anyone in management please explain this? Sounds like cost savings and outsourcing to me
Ways of Doing Things
For any given assignment or project there are 4 ways of doing things: The right thing the right way The right thing the wrong way The wrong thing the right way The wrong thing the wrong way BT in its entirety is item #4.
As Bad as it Gets
Throughout the company BT has caused many problems, bitterness, heartbreak, employee morale to be lower than rock bottom and in general caused many problems while doing absolutely nothing productive for the company. Nowhere is this more apparent... — read more
Is the sun setting on ERI
The R&D programs failed and are no more. The programs being touted as research today would barely have qualified as projects in the past. The pipeline of new projects seems to be empty. The supposed to be value in savings to the company seem to based... — read more
GoGo Says
GoGo says that there will be a tight market for gasoline and diesel in 2025 making for good profits. And maybe there will be, but he also has said that BT is a good thing for the company and look how badly that has worked out. We’ll just have to... — read more
what does LDZX mean?
I see some employees with LDZX after their name
It Looks Like
It’s early but it looks like the new L and D regime is no better than the old L and D regime.
DCP take over of Midstream
After yesterday's news, I believe the DCP takeover of the P66 Midstream business is complete. Almost every manager is former DCP, except the ones that were demoted or moved to other businesses. I guess this is a good thing?
will there be layoffs this week?
I guess just being paranoid but isn't those "forced retired" takes effect sept 1. So those getting laid off (not retire eligible) can be cut this week?
I’m convinced BT is just market manipulation through virtue signaling.
I haven’t seen any real transformation that will accomplish long term gains for the company… What I have seen: feel good title changes, early retirements disguised as layoffs (with a nice severance package), shady vender contracts, and whole slew of... — read more
Propel Fuels versus Phillips 66
The Propel Fuels theft of trade secrets trial against P66 is supposed to kick off today. There are 3 ways this can go, none of them being particularly good for Phillips: Go to trial and win in which case the status quo is merely maintained. Go... — read more
Go Texans!!
A new multi-year (and I’m sure multi millions$$) partnership with the Texans. Keep BT going with another round of layoffs.
Who likes the New Parks coffee
BT changed our coffee from Colombian to something. Never seen a coffee that is tasteless and odorless as the new Parks coffee. My admin says, facilities are saving tons of $ and that employee can bring their own coffee. Who here su-ks enough to... — read more
Saucy CFO
Ol’ Saucy just sold -$4,000,000 worth of P66 stock. If BT is so wonderful and the stock has so much upside, why would he sell now? Is a beautiful Spanish villa in his future?
It Stands to Reason
The stated reason for BT was to bring our stock more in line with our 2 main peers. So far that hasn’t happened. Granted, PSX is a lot higher than pre BT, but that is just the overall market being higher and specifically the energy sector performing... — read more
just saw an email about moving forward
I guess it's over for now
I survived the layoffs! Or did I?
Is it done?
Rodeo Renewed/ Rodeo Renewable Energy Complex
Thoughts on the success of Phillips 66 rodeo renewed plant in CA? They state that everything seems to be going good online and running at full rates 50MBD... but something seems to tell me otherwise?! How long until we will know if this is going to... — read more
We need layoffs
We have plenty of fat that can be kicked out without anybody missing them. The only problem is that most of them are in management and we all know that's never going to happen. We'll keep losing good employees while the real fat will continue to do... — read more
It’s astonishing upper mgmt believe reorg/layoffs will change anything
If that’s what they believe, that is. Maybe they just want more money for themselves? This company is rotten, and it’s the fish’s head that smells really bad. If there was a true intention to change things, they should start with themselves. Which is... — read more
How does outsourcing cover up when it is really AI?
Common plan some businesses might use is initially move jobs out of sight "OVERSEAS" then step #2 is AI. Saves companies alot of severance package pay and possible "slip and fall workers comp. ' claims on a workers last day they work. Plan is saved... — read more