Latest news with #Streamline66Podcast
Yahoo
21-04-2025
- Business
- Yahoo
Elliott Releases Second Episode of "Streamline 66" Podcast Series Featuring 1:1 Conversation with Director Nominee Stacy Nieuwoudt
Episode with Ms. Nieuwoudt, Former Energy and Industrials Analyst at Citadel, Features Discussion on the Value of Bringing an Investor Mindset and Her Deep Industry Expertise to the Boardroom Visit to Learn About Elliott's Campaign at Phillips 66 and Subscribe to the Podcast WEST PALM BEACH, Fla., April 15, 2025 /PRNewswire/ -- Elliott Investment Management L.P. ("Elliott"), which manages funds that together make it a top five shareholder in Phillips 66 (NYSE: PSX) (the "Company" or "Phillips"), today released the second episode of the Streamline 66 Podcast, a series featuring 1:1 conversations with Elliott's highly qualified director nominees ("Nominees" or "Nominee"), as well as industry experts. The latest installment features Nominee Stacy Nieuwoudt, who spent her career as a senior energy and industrials analyst at Citadel and has served on the boards of multiple publicly traded energy companies. Stacy Nieuwoudt said: "I think energy investors are really focused on pure play companies that are focused on core businesses that are efficient, well run and (have) superior capital allocation. Investing and growing empires rarely is awarded in the energy space." "I think it's the fiduciary duty of every board and every management to consider portfolio optimization constantly… Companies are ever-evolving organisms and to not make sure that you have an optimized portfolio strategy is just inefficient." "Phillips 66 is a wonderful company with fantastic assets. … If we can change the corporate structure and unlock value, then I think that actually frees up every operation as a pure play to be more efficient, to be more competitive, and to be better positioned for the future. I'm really excited to be able to have that opportunity to help drive that transformation." "I've been covering the space for over 20 years, I've attended thousands of meetings with management teams. I've never had a management team suggest to me that their stock was fully valued. That just inherently highlights the disconnect between the investor mindset and the management." Episodes can be accessed on and are available on Apple, Spotify and everywhere podcasts are heard. You can not only listen to the conversations on all major podcast feeds, but you can also watch the episodes on YouTube. For more information, including how to vote on Elliott's GOLD proxy card, please visit ADDITIONAL INFORMATION Elliott Investment Management L.P., together with the other participants in Elliott's proxy solicitation (collectively, "Elliott"), has filed a definitive proxy statement and accompanying GOLD universal proxy card with the Securities and Exchange Commission ("SEC") to be used to solicit proxies with respect to the election of Elliott's slate of highly qualified director candidates and the other proposals to be presented at the 2025 annual meeting of stockholders (the "Annual Meeting") of Phillips 66, a Delaware corporation ("Phillips" or the "Company"). Stockholders are advised to read the proxy statement and any other documents related to the solicitation of stockholders of the Company in connection with the Annual Meeting because they contain important information, including information relating to the participants in Elliott's proxy solicitation. These materials and other materials filed by Elliott with the SEC in connection with the solicitation of proxies are available at no charge on the SEC's website at The definitive proxy statement and other relevant documents filed by Elliott with the SEC are also available, without charge, by directing a request to Elliott's proxy solicitor, Okapi Partners LLC, at its toll-free number (877) 629-6357 or via email at info@ About Elliott Elliott Investment Management L.P. (together with its affiliates, "Elliott") manages approximately $72.7 billion of assets as of December 31, 2024. Founded in 1977, it is one of the oldest funds under continuous management. The Elliott funds' investors include pension plans, sovereign wealth funds, endowments, foundations, funds-of-funds, high net worth individuals and families, and employees of the firm. Media Contact:Casey FriedmanElliott Investment Management L.P.(212) 478-1780cFriedman@ Investor Contact: Bruce Goldfarb / Pat McHughOkapi Partners LLC(877) 629-6357(212) 297-0720info@ View original content to download multimedia: SOURCE Elliott Investment Management L.P. Sign in to access your portfolio
Yahoo
17-04-2025
- Business
- Yahoo
Elliott Releases Bonus Episode of "Streamline 66" Podcast Series Featuring 1:1 Conversation with Partner John Pike
Discussion Covers Elliott's Engagement with Phillips 66 and the Path to Unlocking Significant Value at the Company Visit to Subscribe to the Podcast and Learn About Elliott's "Streamline 66" Campaign at Phillips 66 WEST PALM BEACH, Fla., April 17, 2025 /PRNewswire/ -- Elliott Investment Management L.P. ("Elliott"), which manages funds that together make it a top five shareholder in Phillips 66 (NYSE: PSX) (the "Company" or "Phillips"), today released the third episode of the Streamline 66 Podcast. The series features 1:1 conversations with Elliott's highly qualified director nominees, as well as industry experts. The latest installment features Elliott Partner John Pike in conversation with Elliott Managing Director Geoff Sorbello. Mr. Pike said: "If the synergies [between Phillips 66's businesses] were apparent, you would see them in the financial statements. The stock would be trading better…In high-performing companies where they say there are synergies or they say that they're going to improve the cost structure, those results are seen in the financial statements…The company doesn't have to create PowerPoint decks to tell you about synergies." "[Phillips 66] wants to continue growing the midstream [segment] by buying more assets…They want to do whatever they can to effectively themselves forget and have the market forget that they are, to a large extent, a refiner. And the way they're solving their refining problem is not by fixing refining, it's by becoming a midstream company, which doesn't work. A low multiple business cannot buy its way out of a problem by buying high multiple businesses." "We only win if all shareholders win. Short-term fixes or changes literally do nothing for us. We need this to be fixed and for it to work and for it to work over a multi-year period. So that is our overarching goal." Episodes can be accessed on and are available on Apple, Spotify and everywhere podcasts are heard. You can also watch the full episodes on YouTube at For more information, including how to vote for Elliott's four nominees to the Phillips 66 Board using the GOLD proxy card, please visit ADDITIONAL INFORMATION Elliott Investment Management L.P., together with the other participants in Elliott's proxy solicitation (collectively, "Elliott"), has filed a definitive proxy statement and accompanying GOLD universal proxy card with the Securities and Exchange Commission ("SEC") to be used to solicit proxies with respect to the election of Elliott's slate of highly qualified director candidates and the other proposals to be presented at the 2025 annual meeting of stockholders (the "Annual Meeting") of Phillips 66, a Delaware corporation ("Phillips" or the "Company"). Stockholders are advised to read the proxy statement and any other documents related to the solicitation of stockholders of the Company in connection with the Annual Meeting because they contain important information, including information relating to the participants in Elliott's proxy solicitation. These materials and other materials filed by Elliott with the SEC in connection with the solicitation of proxies are available at no charge on the SEC's website at The definitive proxy statement and other relevant documents filed by Elliott with the SEC are also available, without charge, by directing a request to Elliott's proxy solicitor, Okapi Partners LLC, at its toll-free number (877) 629-6357 or via email at info@ About Elliott Elliott Investment Management L.P. (together with its affiliates, "Elliott") manages approximately $72.7 billion of assets as of December 31, 2024. Founded in 1977, it is one of the oldest funds under continuous management. The Elliott funds' investors include pension plans, sovereign wealth funds, endowments, foundations, funds-of-funds, high net worth individuals and families, and employees of the firm. Media Contact: Casey FriedmanElliott Investment Management L.P.(212) 478-1780cFriedman@ Investor Contact: Bruce Goldfarb / Pat McHughOkapi Partners LLC(877) 629-6357(212) 297-0720info@ View original content to download multimedia: SOURCE Elliott Investment Management L.P. Sign in to access your portfolio
Associated Press
17-04-2025
- Business
- Associated Press
Elliott Releases Bonus Episode of "Streamline 66" Podcast Series Featuring 1:1 Conversation with Partner John Pike
Discussion Covers Elliott's Engagement with Phillips 66 and the Path to Unlocking Significant Value at the Company Visit to Subscribe to the Podcast and Learn About Elliott's 'Streamline 66" Campaign at Phillips 66 WEST PALM BEACH, Fla., April 17, 2025 /PRNewswire/ -- Elliott Investment Management L.P. ('Elliott'), which manages funds that together make it a top five shareholder in Phillips 66 (NYSE: PSX) (the 'Company' or 'Phillips'), today released the third episode of the Streamline 66 Podcast. The series features 1:1 conversations with Elliott's highly qualified director nominees, as well as industry experts. The latest installment features Elliott Partner John Pike in conversation with Elliott Managing Director Geoff Sorbello. Mr. Pike said: Episodes can be accessed on and are available on Apple, Spotify and everywhere podcasts are heard. You can also watch the full episodes on YouTube at For more information, including how to vote for Elliott's four nominees to the Phillips 66 Board using the GOLD proxy card, please visit ADDITIONAL INFORMATION Elliott Investment Management L.P., together with the other participants in Elliott's proxy solicitation (collectively, 'Elliott'), has filed a definitive proxy statement and accompanying GOLD universal proxy card with the Securities and Exchange Commission ('SEC') to be used to solicit proxies with respect to the election of Elliott's slate of highly qualified director candidates and the other proposals to be presented at the 2025 annual meeting of stockholders (the 'Annual Meeting') of Phillips 66, a Delaware corporation ('Phillips' or the 'Company'). Stockholders are advised to read the proxy statement and any other documents related to the solicitation of stockholders of the Company in connection with the Annual Meeting because they contain important information, including information relating to the participants in Elliott's proxy solicitation. These materials and other materials filed by Elliott with the SEC in connection with the solicitation of proxies are available at no charge on the SEC's website at The definitive proxy statement and other relevant documents filed by Elliott with the SEC are also available, without charge, by directing a request to Elliott's proxy solicitor, Okapi Partners LLC, at its toll-free number (877) 629-6357 or via email at [email protected]. About Elliott Elliott Investment Management L.P. (together with its affiliates, 'Elliott') manages approximately $72.7 billion of assets as of December 31, 2024. Founded in 1977, it is one of the oldest funds under continuous management. The Elliott funds' investors include pension plans, sovereign wealth funds, endowments, foundations, funds-of-funds, high net worth individuals and families, and employees of the firm. Media Contact: Casey Friedman Elliott Investment Management L.P. (212) 478-1780 [email protected] Investor Contact: Bruce Goldfarb / Pat McHugh Okapi Partners LLC (877) 629-6357 (212) 297-0720 [email protected] View original content to download multimedia: SOURCE Elliott Investment Management L.P.
Yahoo
08-04-2025
- Business
- Yahoo
Elliott Launches "Streamline 66" Podcast Featuring 1:1 Conversations with Its Best-in-Class Director Nominees
First Episode with Brian Coffman, Former CEO of Motiva, Features Refining Discussion Based on Over 40-Years of Industry Expertise Program Accessible on Apple, Spotify, YouTube and More Visit to Learn About Elliott's Campaign at Phillips 66 and Subscribe to the New Podcast WEST PALM BEACH, Fla., April 8, 2025 /PRNewswire/ -- Elliott Investment Management L.P. ("Elliott"), which manages funds that together make it a top five shareholder in Phillips 66 (NYSE: PSX) (the "Company" or "Phillips"), today announced the launch of the Streamline 66 Podcast, a new series that will feature 1:1 conversations with Elliott's highly qualified director nominees ("Nominees" or "Nominee"), as well as industry experts. Episodes can be accessed on and are available on Apple, Spotify and everywhere podcasts are heard. You can not only listen to the conversations on all major podcast feeds, but you can also watch the episodes on YouTube. Last week, Elliott filed definitive proxy materials in connection with Phillips' Annual Meeting of Stockholders (the "Annual Meeting"), seeking the election of four best-in-class nominees to serve on the Company's Board of Directors (the "Board"). Today's launch of an innovative new podcast series will offer shareholders an opportunity to learn more about these uniquely qualified nominees and Elliott's case for change at Phillips. The first episode features Nominee Brian Coffman, a seasoned operator who spent much of his career running Phillips' current refining assets while they were part of ConocoPhillips. After three decades at ConocoPhillips, he became the executive in charge of refining for Andeavor, leading the operations of ten refineries throughout the United States, as well as the President and CEO of Motiva, one of North America's largest refiners. Brian Coffman said: "I've heard it said that there's a belief that maybe the assets are old and tired. And I don't buy that argument. Phillips 66 refineries are every bit as good as [those of its peers], Valero, Marathon refineries. "We see a lot of potential in Phillips 66. … So the message would be [to employees], be optimistic, be positive. I think what we're looking at is restoring the operating excellence that Phillips 66 has been known for historically." "The opportunity to join the [Phillips 66] Board after starting as an associate analyst in 1983 really excites me because I would like to be a part of unlocking the tremendous value that exists at Phillips 66 and restoring the performance of that refining company to what it has been historically." Listeners can access the Streamline 66 Podcast on with episodes available now on Apple, Spotify, YouTube, and where podcasts are heard. For more information, including how to vote on Elliott's GOLD proxy card, please visit ADDITIONAL INFORMATION Elliott Investment Management L.P., together with the other participants in Elliott's proxy solicitation (collectively, "Elliott"), has filed a definitive proxy statement and accompanying GOLD universal proxy card with the Securities and Exchange Commission ("SEC") to be used to solicit proxies with respect to the election of Elliott's slate of highly qualified director candidates and the other proposals to be presented at the 2025 annual meeting of stockholders (the "Annual Meeting") of Phillips 66, a Delaware corporation ("Phillips" or the "Company"). Stockholders are advised to read the proxy statement and any other documents related to the solicitation of stockholders of the Company in connection with the Annual Meeting because they contain important information, including information relating to the participants in Elliott's proxy solicitation. These materials and other materials filed by Elliott with the SEC in connection with the solicitation of proxies are available at no charge on the SEC's website at The definitive proxy statement and other relevant documents filed by Elliott with the SEC are also available, without charge, by directing a request to Elliott's proxy solicitor, Okapi Partners LLC, at its toll-free number (877) 629-6357 or via email at info@ About Elliott Elliott Investment Management L.P. (together with its affiliates, "Elliott") manages approximately $72.7 billion of assets as of December 31, 2024. Founded in 1977, it is one of the oldest funds under continuous management. The Elliott funds' investors include pension plans, sovereign wealth funds, endowments, foundations, funds-of-funds, high net worth individuals and families, and employees of the firm. Media Contact:Casey Friedman Elliott Investment Management L.P.(212) 478-1780 cFriedman@ Investor Contact:Bruce Goldfarb / Pat McHughOkapi Partners LLC(877) 629-6357(212) 297-0720info@ View original content to download multimedia: SOURCE Elliott Investment Management L.P. Sign in to access your portfolio
