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  "documentTitle": "Phillips 66 (PSX)",
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      "text": "Q4 where Phillips came out and their refining margins were so weak, so weak. That is just fundamentally unacceptable...That is a CEO problem.",
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      "text": "The desire and expectation for the company to divest its midstream assets is not because these are bad assets...but in the valuation of the company, because it's a conglomerate, they're trading at a discount.",
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      "text": "Mark controls everything and that is not a good thing and as you see that does not lead to strong corporate performance.",
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      "text": "Look at the performance. They have issue after issue after issue. If that is not a question of the management is the problem...look, they have a management problem.",
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      "text": "We have had significant issues with Mark Lashier, who's the CEO. He is on the hot seat at this point due to these operational issues.",
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      "text": "The board...should take up leadership or at least hold them responsible for what is happening.",
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      "text": "Look at the performance. They have issue after issue after issue. If that is not a question of the management is the problem...look, they have a management problem. I don't know any other investor who doesn't think that is true. — Anonymous Investor",
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      "text": "Source: Third-party Shareholder Survey. Third-party survey conducted as of March 2025.",
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      "text": "DAMAGED CREDIBILITY: SHAREHOLDER SURVEY RESULTS",
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