Elliott · activist-deck
Phillips 66 (PSX)
33 pages · 2 arc beats · 0 loops
Phillips 66 (PSX)
Elliott · 2025-05 arc beats above · slides in the middle · loops below · scroll → 0 LOOPS
1246810121416182022242628303233
Deck intelligence map
2 coverage by narrative range · generated from this deck JSON
Narrative range 28 total
Metadata
Components
Metrics
Tools
Frameworks
Beats
Loops
Expose Contradiction 26 slides 100% 26/26 slides 100% 26/26 slides · 177 hits — 0/26 slides
3.8% 1/26 slides 92.3% 24/26 slides · 27 hits 100% 26/26 slides · 28 hits — 0/26 slides
Before/After 2 slides 100% 2/2 slides 100% 2/2 slides · 12 hits — 0/2 slides
— 0/2 slides
100% 2/2 slides 100% 2/2 slides · 4 hits — 0/2 slides
Slide inventory
33 every slide · same image gating as the playbook
04
The chart uses a red line to emphasize the negative performance trend.compare_peers
05
Uses a quote from a director to set up a contradiction regarding peer group selection.expose_contradiction
Open slide detailBeat · Expose Contradiction
06
The chart shows Phillips 66 underperforming relative to the peer group and S&P 500 over the 2020-2024 period.expose_contradiction
Open slide detailBeat · Expose Contradiction
07
The slide uses a series of pull-quotes to establish a narrative of success that the activist likely intends to refute in subsequent slides.expose_contradiction
Open slide detailBeat · Expose Contradiction
08
Uses color contrast (red vs yellow) to frame the incumbent as negative and the activist as positive.compare_peers
Open slide detailBeat · Expose Contradiction
09
The slide uses a 'before-after' style bar chart to illustrate potential value creation.introduce_nominees
Open slide detailBeat · Expose Contradiction
10
Uses a 'before-after' logic applied to a peer comparison framework.compare_peers
Open slide detailBeat · Expose Contradiction
11
Uses a classic red/yellow split-screen contrast layout.frame_problem
Open slide detailBeat · Expose Contradiction
12
Uses a red-to-yellow arrow graphic to frame the choice between the current state and the proposed activist path.compare_peers
Open slide detailBeat · Expose Contradiction
14
This is a classic activist 'preempting the rebuttal' slide, framing the company's defensive arguments as biased status-quo thinking.preempt_rebuttal
Open slide detailBeat · Expose Contradiction
15
Uses a 'Villain Critique' style to contrast management claims with market performance data.expose_contradiction
Open slide detailBeat · Expose Contradiction
16
The slide uses a 'before-after' style framing by showing the company's original slide (left) and the activist's critique (right).expose_contradiction
Open slide detailBeat · Expose Contradiction
17
Uses screenshots of the target company's own presentation to demonstrate the inconsistency.expose_contradiction
Open slide detailBeat · Expose Contradiction
18
The slide uses a 'before-after' style critique of a company's own presentation materials.expose_contradiction
Open slide detailBeat · Expose Contradiction
19
Uses two distinct charts to prove the same point: one focusing on correlation with MPC, the other on VLO/MPC peer group performance.expose_contradiction
Open slide detailBeat · Expose Contradiction
20
The slide uses a 'before-after' or 'claim-vs-reality' structure to debunk corporate messaging.expose_contradiction
Open slide detailBeat · Expose Contradiction
21
The slide uses a 'before-after' framing to highlight the gap between original and revised project costs.expose_contradiction
Open slide detailBeat · Expose Contradiction
22
Uses a 'before-after' style comparison of management's claims vs. reality, specifically targeting the CEO's accounting for turnarounds.expose_contradiction
Open slide detailBeat · Expose Contradiction
23
The slide uses a 'before-after' or 'refutation' structure, mapping specific claims (01-04) to rebuttals on the right.expose_contradiction
Open slide detailBeat · Expose Contradiction
24
Uses a combination of qualitative arguments and quantitative peer benchmarking to challenge management's cost assumptions.expose_contradiction
Open slide detailBeat · Expose Contradiction
25
Uses a scatter plot to show the correlation between SpinCo equity value and separation costs as a percentage of equity value.expose_contradiction
Open slide detailBeat · Expose Contradiction
26
Uses a red 'X' overlay on the original company's table to visually invalidate their claims.expose_contradiction
Open slide detailBeat · Expose Contradiction
27
Uses a three-column comparison structure to systematically dismantle specific corporate claims.expose_contradiction
Open slide detailBeat · Expose Contradiction
28
Uses a three-column comparison structure to systematically dismantle corporate claims.expose_contradiction
Open slide detailBeat · Expose Contradiction
29
Uses a three-column comparison structure to debunk specific corporate claims.expose_contradiction
Open slide detailBeat · Expose Contradiction
30
Uses a combination of bar charts, scatter plots, and box plots to demonstrate peer parity.expose_contradiction
Open slide detailBeat · Expose Contradiction
32
Uses the 'ceo-quote-contradiction' pattern to highlight management's past resistance to shareholder-friendly actions.expose_contradiction
33
Uses a 'villain' framing by contrasting management's past claims with subsequent successful outcomes.expose_contradiction