Q4 2011 Earnings Call
February 16, 2012 2:00 pm ET
Patrick Cassidy -
G. Steven Farris - Chairman of the Board, Chief Executive Officer and Member of Executive Committee
Rodney J. Eichler - President and Chief Operating Officer
Thomas P. Chambers - Chief Financial Officer, Executive Vice President and Member of Risk Management Committee
Roger B. Plank - President, Chief Corporate Officer and Member of Risk Management Committee
Brian Singer - Goldman Sachs Group Inc., Research Division
Pearce W. Hammond - Simmons & Company International, Research Division
John P. Herrlin - Societe Generale Cross Asset Research
Bob Brackett - Sanford C. Bernstein & Co., LLC., Research Division
Leo P. Mariani - RBC Capital Markets, LLC, Research Division
John Malone - Global Hunter Securities, LLC, Research Division
Craig Shere - Tuohy Brothers Investment Research, Inc.
Good afternoon. My name is Kendra, and I will be your conference operator today. At this time, I would like to welcome everyone to the 2011 Q4 and Year-End Earnings Conference Call. [Operator Instructions] I would now like to turn the call over to your host, Mr. Patrick Cassidy. Sir, you may begin your conference.
Thank you, Kendra. Good afternoon, everyone, and thank you for joining us for Apache Corp.'s full year and fourth quarter 2011 earnings conference call. This morning, we reported earnings of $4.5 billion or $11.47 per diluted share. Adjusted earnings, which excluded certain items that impacted comparability of results, totaled $4.7 billion or $11.83 per diluted share. Cash flow from operations totaled $10 billion.