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02
The slide uses a bar chart to highlight cumulative total return underperformance over 1, 3, 5, and 10-year periods.Phillips 66 (PSX) · 02_Elliott_Management
Shareholder letter Activist investor 2 hits
63
The slide uses a combination of a bar chart for TSR and a line chart for Opex/bbl to build a case for management underperformance.Phillips 66 (PSX) · John Pike
Activist deck Activist investor 2 hits
66
The slide uses a precedent (Marathon) to justify the proposed strategic pivot.Phillips 66 (PSX) · John Pike
Activist deck Activist investor 2 hits
67
Includes a signature block from Elliott Investment Management.Phillips 66 (PSX) · John Pike
Activist deck Activist investor 2 hits
69
This appears to be a screenshot of a campaign website rather than a traditional slide deck page.Phillips 66 (PSX) · John Pike
Activist deck Activist investor 2 hits
72
This is a screenshot of a webpage from the Streamline 66 campaign site.Phillips 66 (PSX) · John Pike
Activist deck Activist investor 2 hits
75
This is a screenshot of a webpage from the Streamline 66 campaign site.Phillips 66 (PSX) · John Pike
Activist deck Activist investor 2 hits
77
This is a web-based slide/page from an activist campaign site.Phillips 66 (PSX) · John Pike
Activist deck Activist investor 2 hits
79
This is a web-based nominee profile page from the Streamline 66 activist campaign.Phillips 66 (PSX) · John Pike
Activist deck Activist investor 2 hits
81
This is a webpage capture from the Streamline 66 activist campaign site.Phillips 66 (PSX) · John Pike
Activist deck Activist investor 2 hits
83
This is a webpage screenshot from an activist campaign site.Phillips 66 (PSX) · John Pike
Activist deck Activist investor 2 hits
85
This is a screenshot of a webpage, not a traditional slide deck page.Phillips 66 (PSX) · John Pike
Activist deck Activist investor 2 hits
102
This is a standard legal disclosure page, likely from a website privacy policy.Phillips 66 (PSX) · John Pike
Activist deck Activist investor 2 hits
07
Phillips 66 (PSX)Phillips 66 (PSX) · Elliott
Activist deck Activist investor 2 hits
09
The slide uses a narrative structure to build a case for activist intervention by framing the company's leadership as obstructionist.Phillips 66 (PSX) · Elliott
Activist deck Activist investor Beat · The Monster2 hits
10
Uses a weight-based metaphor for valuation gap (failed governance as a weight).Phillips 66 (PSX) · Elliott
Activist deck Activist investor Beat · The MonsterLoop · Aha Moment2 hits
11
The chart uses a highway sign motif to emphasize the -450% underperformance.Phillips 66 (PSX) · Elliott
Activist deck Activist investor Beat · The MonsterLoop · Aha Moment2 hits
22
Features the Elliott Management logo and a stylized fist crushing a Phillips 66 logo.Phillips 66 (PSX) · Elliott
Activist deck Activist investor Beat · The Struggle2 hits
32
Uses a waterfall-bridge chart to demonstrate the 'conglomerate discount' or 'trapped value' thesis.Phillips 66 (PSX) · Elliott
Activist deck Activist investor Beat · The Struggle2 hits
33
Uses a padlock visual metaphor to represent the 'trapped' value.Phillips 66 (PSX) · Elliott
Activist deck Activist investor Beat · The Struggle2 hits
38
The slide uses a contrast-based diagnosis to frame the problem as both operational and cultural.Phillips 66 (PSX) · Elliott
Activist deck Activist investor Beat · The Struggle2 hits
41
The slide uses a 'villain critique' style to highlight underperformance while juxtaposing it with a nominee's optimistic quote.Phillips 66 (PSX) · Elliott
Activist deck Activist investor 2 hits
46
Uses analyst quotes to frame the earnings miss as a catalyst for the activist campaign.Phillips 66 (PSX) · Elliott
Activist deck Activist investor 2 hits
69
The slide uses a staircase diagram to represent a sequence of actions.Phillips 66 (PSX) · Elliott
Activist deck Activist investor Beat · The VictoryLoop · Golden Circle2 hits
77
Includes a testimonial/quote from shareholder nominee Michael Heim.Phillips 66 (PSX) · Elliott
Activist deck Activist investor Beat · The Victory2 hits
81
The slide uses a bar chart to demonstrate a competitive advantage in input costs for PSX.Phillips 66 (PSX) · Elliott
Activist deck Activist investor Beat · The Victory2 hits
89
The slide uses a hub-and-spoke style layout to connect individual nominee perspectives to a collective action plan.Phillips 66 (PSX) · Elliott
Activist deck Activist investor Beat · The Victory2 hits
91
This is a section divider slide in an activist investor presentation.Phillips 66 (PSX) · Elliott
Activist deck Activist investor 2 hits
100
The slide uses a 'synthetic basket' of peers to manipulate performance metrics.Phillips 66 (PSX) · Elliott
Activist deck Activist investor 2 hits
109
Uses a 'before-after' logic to debunk a specific management claim regarding segment accounting.Phillips 66 (PSX) · Elliott
Activist deck Activist investor 2 hits