Streamline 66: Inside Elliott’s War on the Phillips Workforce

Proxy Battle is Done - here are the Investment Signals you want.

𝗠𝗶𝗱𝘀𝘁𝗿𝗲𝗮𝗺, 𝗖𝗵𝗲𝗺𝗶𝗰𝗮𝗹𝘀, 𝗖𝗼𝗿𝗽𝗼𝗿𝗮𝘁𝗲 - 𝘄𝗮𝘁𝗰𝗵 𝘆𝗼𝘂𝗿 𝘀𝗶𝘅.

Phillips 66 vs Elliott Investment Management L.P.
The activist won 2 out of 4 board seats as I expected.

Elliott is all over this reorg right now.

Elliott wants to spin off Midstream and the Chevron JV (CPChem). aka- Restructure at scale.

Cornelius and Heim - Elliott’s successful nominees - are now inside. And while Elliott didn’t get a full sweep, this isn’t a loss. It’s a wedge. A pretty hefty one ya'll.

And now? They’re not just aiming at PSX 0.00%↑ - Elliott’s creeping into TurkStream pipeline control, aiming for influence across Russia-to-Europe energy corridors. They’ve got BP. They’re circling Bulgaria. And they just dropped $1.4B to swallow Cenovus’ stake in the WRB refineries.

If you think this stops at a board seat, you’re not watching the whole chessboard. And If you wait for CNBC to cover it, you’re late. My readers get ahead of the filings.

I’ll walk you through what’s really coming next…. layoffs, spin-offs, geopolitical pipelines, and what it means for your portfolio and your job.