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Tidewater CEO Discusses F2Q12 Results - Earnings Call Transcript

Tidewater Inc. ( TDW)

F2Q12 (Qtr End 09/30/2011) Earnings Call

November 2, 2011 10:00 am ET

Executives

Joe Bennett - EVP and Chief Investor Relations Officer

Dean Taylor - Chairman, President and CEO

Jeff Platt - COO

Quinn Fanning - EVP and CFO

Bruce Lundstrom - EVP, General Counsel and Secretary

Analysts

Dave Wilson - Howard Weil

Veny Aleksandrov - Pritchard Capital

Jud Bailey - Jefferies & Co.

Presentation

Operator

At this time, I would like to welcome everyone to the fiscal 2012 second quarter earnings conference call. (Operator Instructions) Mr. Bennett, you may begin your conference.

Joe Bennett

Good morning, everyone, and welcome to Tidewater's fiscal 2012 second quarter earnings results conference call for the period ended September 30, 2011. I'm Joe Bennett, Tidewater's Executive Vice President and Chief Investor Relations Officer.

With me this morning on the call are our Chairman, President and CEO, Dean Taylor; Jeff Platt, Chief Operating Officer; Quinn Fanning, Executive Vice President and CFO; and Bruce Lundstrom, our Executive Vice President, General Counsel and Secretary.

We'll follow our usual conference call format. After the formalities, I'll turn the call over to Dean for his initial comments, to be followed by Quinn's review of the financial details for the quarter. Dean will then provide some wrap-up comments before we open the call for questions.

During today's conference call, Dean, Quinn, I and other Tidewater management may make certain comments that are forward-looking statements and not statements of historical fact. I know that you understand that there are risks, uncertainties and other factors that may cause the company's actual future performance to be materially different from that stated or implied by any comment that we may make during today's conference call. Additional information concerning the factors that could cause actual results to differ materially from those stated or implied by the forward-looking statements may be found in the Risk Factors section of Tidewater's most recent Form 10-K.

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