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Rowan Companies' CEO Discusses Q4 2011 Results - Earnings Call Transcript

Rowan Companies (RDC)

Q4 2011 Earnings Call

February 28, 2012 11:00 am ET

Executives

Suzanne M. McLeod - Director of Investor Relations

W. Matt Ralls - Chief Executive Officer, President, Director and Chairman of Executive Committee

Thomas P. Burke - Chief Operating Officer

Mark A. Keller - Executive Vice President of Business Development

William H. Wells - Chief Financial Officer, Senior Vice President and Treasurer

J. Kevin Bartol - Senior Vice President of Corporate Development

Analysts

Collin Gerry - Raymond James & Associates, Inc., Research Division

Joe Hill - Tudor, Pickering, Holt & Co. Securities, Inc., Research Division

David Wilson - Howard Weil Incorporated, Research Division

Robert MacKenzie - FBR Capital Markets & Co., Research Division

Kurt Hallead - RBC Capital Markets, LLC, Research Division

Matthew D. Conlan - Wells Fargo Securities, LLC, Research Division

Frank Harestad - Pareto Securities AS, Research Division

David C. Smith - Johnson Rice & Company, L.L.C., Research Division

Unknown Analyst

Presentation

Operator

Greetings, and welcome to the Rowan Companies Inc. Fourth Quarter and Full Year 2011 Earnings Results Conference Call. [Operator Instructions] As a reminder, this conference is being recorded. It's now my pleasure to introduce your host, Suzanne Spera, Director of Investor Relations for Rowan Companies Inc. Thank you, Suzanne. You may begin.

Suzanne M. McLeod

Thank you, Roya, and good morning. Welcome to Rowan's Fourth Quarter and Full Year 2011 Earnings Conference Call. Joining me on the call this morning are Matt Ralls, President and Chief Executive Officer; Tom Burke, Chief Operating Officer; Mark Keller, Executive Vice President, Business Development; and Bill Wells, Senior Vice President, Chief Financial Officer and Treasurer, who will have prepared comments. Also in the room to respond to questions is Kevin Bartol, Senior Vice President, Corporate Development.

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