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Vectren's CEO Discusses Q3 2011 Results - Earnings Call Transcript

Vectren Corporation ( VVC)

Q3 2011 Earnings Call

November 4, 2011 10:00 a.m. ET


Robert Goocher – VP, Investor Relations

Carl Chapman – President, CEO

Jerry Benkert – EVP, CFO


Steven Wang – Carlson Capitals

Andrew Philips – RGO Capital



Good morning. My name is Melinda and I’ll be your conference operator today. At this time, I would like to welcome everyone to the Vectren Corporation Third Quarter Earnings Conference Call. (Operator Instructions) Thank you. Robert Goocher, Treasurer and VP of Investor Relations, you may begin your conference.

Robert Goocher

Thank you, Operator. Good morning and thanks to all of you for joining us on the call to review our 2011 third quarter and year-to-date results. This call is being webcast, and shortly following its conclusion a replay will be available on our website at in the Investor Relations section.

This morning we released our third quarter earnings and also filed our 10-Q for the quarter. Copies of our earnings release, today’s slide presentation and the 10-Q could all be found on our website.

As further described in slide two I would like to remind you that many of the statements made on this call will be forward-looking statements. Actual results may differ materially from those discussed in this presentation.

Jerry Benkert, Executive Vice President and CFO will kick off today’s discussion by providing a few comments on Vectren’s third quarter and year-to-date results. He will then provide an update of our 2011 earnings guidance and insights into our utility results. Then, Carl Chapman, Vectren's Chairman, President and CEO, will provide his thoughts on the performance of our non-utility businesses including our recent acquisition of Minnesota Limited and then finish with a few summary remarks. Following Carl’s comments, we’ll be happy to take your questions. Also joining us on today's call is Ron Christian, Executive Vice President and Chief Legal and External Affairs Officer.

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