This Day On The Street
Continue to site
ADVERTISEMENT
This account is pending registration confirmation. Please click on the link within the confirmation email previously sent you to complete registration.
Need a new registration confirmation email? Click here

Teekay Corporation's CEO Discusses Q2 2011 Results - Earnings Call Transcript

Teekay Corporation ( TK)

Q2 2011 Earnings Call

August 11, 2011 11:00 AM ET

Executives

Kent Alekson – IR

Peter Evensen – President and CEO

Vincent Lok – EVP and CFO

Analysts

Justin Yagerman – Deutsche Bank

Michael Webber – Wells Fargo

Gregory Lewis – Credit Suisse

Urs Dur – Lazard Capital Markets

Justine Fisher – Goldman Sachs

Sal Vitale – Sterne Agee

Adam Zworg – Omega

Presentation

Operator

Welcome to Teekay Corporation’s Second Quarter 2011 Earnings Results Conference Call. (Operator Instructions) As a reminder this call is being recorded. Now for opening remarks and introductions, I would like to turn the call over to Mr. Peter Evensen, Teekay’s President and Chief Executive Officer. Please go ahead, sir.

Kent Alekson

Before Mr. Evensen begins, I would like to direct all participants to our Web site at www.teekay.com, where you will find a copy of the second quarter 2011 earnings presentation. Mr. Evensen and Mr. Lok will review this presentation during today’s conference call. Please allow me to remind you that our discussion today contains forward-looking statements. Actual results may differ materially from results projected by those forward-looking statements. Additional information concerning factors could cause actual results to materially differ from those in the forward-looking statements is contained in the second quarter 2011 earnings release and earnings presentation available on our Web site. And I’ll turn the call over to Mr. Evensen to begin.

Peter Evensen

Thank you, Kent, good morning, everyone, and thank you for joining us today for Teekay Corporation’s second quarter earnings call. I’m joined this morning by our CFO, Vince Lok; and for the Q&A session, we also have our Group Controller, Brian Fortier.

1 of 4

Check Out Our Best Services for Investors

Action Alerts PLUS

Portfolio Manager Jim Cramer and Director of Research Jack Mohr reveal their investment tactics while giving advanced notice before every trade.

Product Features:
  • $2.5+ million portfolio
  • Large-cap and dividend focus
  • Intraday trade alerts from Cramer
Quant Ratings

Access the tool that DOMINATES the Russell 2000 and the S&P 500.

Product Features:
  • Buy, hold, or sell recommendations for over 4,300 stocks
  • Unlimited research reports on your favorite stocks
  • A custom stock screener
Stocks Under $10

David Peltier uncovers low dollar stocks with serious upside potential that are flying under Wall Street's radar.

Product Features:
  • Model portfolio
  • Stocks trading below $10
  • Intraday trade alerts
14-Days Free
Only $9.95
14-Days Free
Dividend Stock Advisor

David Peltier identifies the best of breed dividend stocks that will pay a reliable AND significant income stream.

Product Features:
  • Diversified model portfolio of dividend stocks
  • Updates with exact steps to take - BUY, HOLD, SELL
Trifecta Stocks

Every recommendation goes through 3 layers of intense scrutiny—quantitative, fundamental and technical analysis—to maximize profit potential and minimize risk.

Product Features:
  • Model Portfolio
  • Intra Day Trade alerts
  • Access to Quant Ratings
Options Profits

Our options trading pros provide over 100 monthly option trading ideas and strategies to help you become a well-seasoned trader.

Product Features:
  • Actionable options commentary and news
  • Real-time trading community
SYM TRADE IT LAST %CHG

Markets

Chart of I:DJI
DOW 17,614.90 +16.70 0.09%
S&P 500 2,097.58 -0.46 -0.02%
NASDAQ 5,114.8610 -0.5210 -0.01%

Free Reports

Top Rated Stocks Top Rated Funds Top Rated ETFs