Stock Under $10 with 50-100% upside potential - 14 Days FREE!

Portland General Electric CEO Discusses Q3 2011 Results - Earnings Call Transcript

Stock quotes in this article: POR 

Portland General Electric Company (POR)

Q3 2011 Earnings Conference Call

November 3, 2011 11:00 AM ET

Executives

Bill Valach – Director of Investor Relations,

Jim Piro – President, CEO

Maria Pope – Senior Vice President of Finance, CFO and Treasurer

Analysts

Sarah Akers –Wells Fargo

Neil Mehta – Goldman Sachs

James Bellessa – DA Davidson

Mark Barnet – Morningstar

Presentation

Operator

Good morning everyone and welcome to Portland General Electric Company’s Third Quarter 2011 Earnings Results Conference Call. Today is Thursday, November 3, 2011. This call is being recorder and as such, all lines have been placed on mute to prevent any background noise.

(Operator instructions). For opening remarks, I would like to turn the conference call over to Portland General Electric’s Director of Investor Relations, Mr. Bill Valach, please go ahead sir.

Bill Valach

Thank you Jay [ph]. And good morning everyone, and we’re very pleased that you’re able to join us today. Before we begin our discussion, this morning I’d like to make our customary statements regarding Portland General Electric’s written and oral disclosures and commentary.

There will be statements in this call that are not based on historical facts and as such constitute forward-looking statements under current law. These statements are subject to factors that may cause actual results to differ materially from the forward-looking statements made today.

For a description in some of the factors that may occur that could cause such differences, the company requests that you read our most recent form 10-K and form 10-Qs. The form 10–Q for the third quarter 2011 was available this morning at portlandgeneral.com. The company undertakes no obligation to update publicly in any forward-looking statements whether as a result of new information, information future events or otherwise.

Select the service that is right for you!

COMPARE ALL SERVICES
Action Alerts PLUS
TRY IT FREE

Jim Cramer and Stephanie Link actively manage a real portfolio and reveal their money management tactics while giving advanced notice before every trade.

Product Features:
  • $2.5+ million portfolio
  • Large-cap and dividend focus
  • Intraday trade alerts from Cramer
  • Weekly roundups
Dividend Stock Advisor
TRY IT FREE
New! $49.95/yr

Jim Cramer's protege, 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
  • Alerts when market news affect the portfolio
  • Bi-weekly updates with exact steps to take - BUY, HOLD, SELL
Stocks Under $10
TRY IT FREE

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

Product Features:
  • Model portfolio
  • Stocks trading below $10
  • Intraday trade alerts
  • Weekly roundups
Real Money
TRY IT FREE

24/7 market commentary from Jim Cramer and 20+ veteran Wall Street gurus. Get access to the latest trading ideas on stocks, options, and ETFs as well as a real-time forum to see the pros exchanging their investment ideas.

Product Features:
  • Jim Cramer + 20 Wall Street pros
  • Intraday commentary & news
  • Real-time trading forum
  • Actionable trade ideas
Real Money Pro
TRY IT FREE

All of Real Money, plus 15 more of Wall Street's sharpest minds delivering actionable trading ideas, a comprehensive look at the market, and fundamental and technical analysis.

Product Features:
  • Real Money + Doug Kass + 15 more Wall Street Pros
  • Intraday commentary & news
  • Ultra-actionable trading ideas
Options Profits
TRY IT FREE

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

Product Features:
  • 100+ monthly options trading ideas
  • Actionable options commentary & news
  • Real-time trading community
  • Options TV
To begin commenting right away, you can log in below using your Disqus, Facebook, Twitter, OpenID or Yahoo login credentials. Alternatively, you can post a comment as a "guest" just by entering an email address. Your use of the commenting tool is subject to multiple terms of service/use and privacy policies - see here for more details.
DOW 15,303.10 8.60 0.06%
NASDAQ 3,459.14 -0.28 -0.01%
S&P 500 1,649.60 -0.91 -0.06%
US 10 Yr 2.011% -0.012

Brokerage Partners

Advertising Partners
Special Features

Free Newsletters from TheStreet

After the Bell

Before the Bell

Booyah! Newsletter

Midday Bell

TheStreet Top 10 Stories

Winners & Losers

We respect your privacy. Manage Newsletters
Top Rated Stocks Top Rated Funds Top Rated ETFs