Amid Elliott Investment's Suggestions, Phillips 66 Confirms Ongoing Discussions And Updates On Ambitious Business Goals
Amid Elliott Investment's Suggestions, Phillips 66 Confirms Ongoing Discussions And Updates On Ambitious Business Goals
在埃利奧特投資的建議中，菲利普斯66證實了正在進行的關於雄心勃勃的商業目標的討論和最新情況
We agree with Elliott that successful execution of our strategic priorities will drive substantial stock price performance and believe that we have the right management team and Board in place to deliver long-term, sustainable value.
我們同意埃利奧特的觀點，即成功執行我們的戰略優先事項將推動股價的強勁表現，並相信我們擁有合適的管理團隊和董事會來創造長期、可持續的價值。
We also appreciate that Elliott recognizes the value-creation potential of the strategic priorities that we have been executing since our Investor Day in November 2022. Given our substantial progress and confidence in exceeding the original targets, on Oct. 27, 2023, we announced the following enhancements:
我們還讚賞埃利奧特認識到自2022年11月投資者日以來我們一直在執行的戰略優先事項的價值創造潛力。鑑於我們在超額完成原定目標方面取得的實質性進展和信心，我們於 2023 年 10 月 27 日宣佈了以下增強措施：
- Raise shareholder distributions target to a range of $13 billion to $15 billion
- Monetize over $3 billion of non-core assets
- Return at least 50% of operating cash flow to shareholders
- Increase business transformation run-rate savings target to $1.4 billion by year-end 2024, including a $1 per barrel cost reduction in Refining
- Raise mid-cycle adjusted EBITDA target to $14 billion by 2025
- 將股東分配目標提高到130億美元至150億美元之間
- 通過超過30億美元的非核心資產獲利
- 向股東返還至少 50% 的運營現金流
- 到2024年底，將業務轉型運行率節省目標提高到14億美元，包括每桶煉油成本降低1美元
- 到2025年將經週期中期調整後的息稅折舊攤銷前利潤目標提高至140億美元