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  "notes": "The table uses a 6.6x EBITDA multiple as a baseline for valuation, with specific adjustments for asset sales and debt paydowns.",
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      "text": "All valuation metrics reflect 2026E consensus segment EBITDA x 6.6x (PSX blended trading multiple) unless sold (zeroed out) or otherwise specified in blue when moving from left to right.",
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      "text": "Source: Bloomberg as of 2/7/2025, Wall Street Estimates, Company filings. Note: EBITDA estimates exclude the burden of turnaround expenses...",
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      "text": "Share Price: $312.27",
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