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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.

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