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  "documentTitle": "Phillips 66 (PSX)",
  "authorId": "02_Elliott_Management",
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  "notes": "Uses a before-after bar chart to demonstrate value creation.",
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      "text": "Post Elliott’s involvement, outperformed peers by ~150%",
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      "text": "TSR of Elliott's Recent Energy Investments",
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      "text": "Total Shareholder Return (TSR): 70",
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      "text": "Elliott has invested substantial capital in the energy sector globally. Elliott's investment experience spans public and private investments across various energy sectors. Elliott's private energy portfolio includes assets across the Permian, the Marcellus, the Mid-Con and the Gulf of America.",
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      "text": "Source: Bloomberg as of 2/10/25. (1) TSR of Elliott's Recent Energy Investments represents the average total shareholder return...",
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      "text": "Elliott's Recent Experience Helping Energy Companies",
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      "text": "ELLIOTT'S ENERGY EXPERIENCE",
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