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NSTAR's Management Discuss Q4 2011 Results - Earnings Call Transcript

NSTAR (NST)

Q4 2011 Earnings Call

January 27, 2012 09:00 AM ET

Executives

Jim Judge – SVP and CFO, NSTAR

John Moreira – Investor Relations

 Phil Lembo – Vice President and Treasurer

Analysts

Maurice May – Power Insights

Caroline Bone - Deutsche Bank

David Paz – Bank of America Merrill Lynch

Mark Barnett – Morningstar Financial Company

Presentation

Operator

Good day Ladies and Gentlemen, and welcome to the Fourth Quarter 2011 NSTAR Earnings Conference Call. My name is Janeta and I will be your operator for today. At this time, all participants are in listen-only-mode. Later we will conduct a question-and-answer session. (Operator instructions). As a reminder, this conference is being recorded for replay purposes.

I would now like to turn the conference over to your host for today, Mr. John Moreira. Please proceed.

John Moreira

Thank you and good morning everyone. I would like to welcome you to NSTAR’s conference call to discuss our reported earnings for the fourth quarter and the full year of 2011. We will also provide an update on the mergers progress. With me today are Jim Judge, NSTAR’s Chief Financial Officer and Phil Lembo, Vice President and Treasurer.

Before we get started with Jim’s formal remarks, let me remind you that some of the information discussed during this conference call will contain forward-looking statements within the meaning of Federal Security Laws. These forward-looking statements may contain statements about the benefits of the merger transaction, whether and when the transaction will be consummated, the combined company’s plans and other statements that are not historical facts.

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