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  "documentTitle": "Phillips 66 (PSX)",
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  "presentationDate": "2025-04-28 00:00:00",
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  "notes": "The table highlights consistent underperformance against refining and midstream peers, with some outperformance against chemicals peers.",
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      "kind": "callout",
      "text": "With these results, Phillips 66's Board should be actively looking to change from the status quo.",
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      "text": "Total Shareholder Return",
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      "text": "Source: Bloomberg as of the unaffected date of 2/10/25.",
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      "text": "PHILLIPS 66 IS A CLEAR UNDERPERFORMER",
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