Williams Partners L.P. (WPZ)
Q1 2012 Earnings Conference Call
April 26, 2012 11:00 ET
ExecutivesJohn Porter – Head of Investor RelationsAlan Armstrong – Chief Executive OfficerDon Chappel – Chief Financial OfficerAnalystsHelen Ryoo – BarclaysPresentationOperator
Previous Statements by WPZ
» Williams Partners' CEO Hosts Caiman Acquisition Analyst Call (Transcript)
» Williams Partners' CEO Discusses Q4 2011 Results - Earnings Call Transcript
» Williams Partners' CEO Discusses Q3 2011 Results - Earnings Call Transcript
» Williams Partners' CEO Discusses Q2 2011 Results - Earnings Call Transcript
Thank you, (Matt). Good morning and welcome. As always, we thank you for your interest in Williams Partners. As you know yesterday afternoon, we released our financial results and posted several important items on our website, williamslp.com. These items include the press release of our results with related schedules and our analyst package; a presentation on our results and growth opportunities with related audio commentary from Williams Partners' CEO, Alan Armstrong and an update to our quarterly data book, which contains detailed information regarding various aspects of our business.This morning Alan will make a few brief comments and then we will open the discussion up for Q&A. Rory Miller is here from our Midstream business and Randy Bernard is here from our Gas Pipeline business. Additionally, our CEO – our CFO, Don Chappel was also available to respond to any questions.In yesterday's presentation and also in the quarterly data book, you will find an important disclaimer related to forward-looking statements. This disclaimer is important and integral to all of our remarks and you should review it. Also included in our presentation materials are various non-GAAP measures that have been reconciled back to generally accepted accounting principles. Those reconciliation schedules appear at the back of the presentation materials.
Select the service that is right for you!COMPARE ALL SERVICES
Jim Cramer and Stephanie Link actively manage a real portfolio and reveal their money management tactics while giving advanced notice before every trade.
- $2.5+ million portfolio
- Large-cap and dividend focus
- Intraday trade alerts from Cramer
- Weekly roundups
Jim Cramer's protege, David Peltier, identifies the best of breed dividend stocks that will pay a reliable AND significant income stream.
- Diversified model portfolio of dividend stocks
- Alerts when market news affect the portfolio
- Bi-weekly updates with exact steps to take - BUY, HOLD, SELL
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.
- Jim Cramer + 20 Wall Street pros
- Intraday commentary & news
- Real-time trading forum
- Actionable trade ideas
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.
- Real Money + Doug Kass + 15 more Wall Street Pros
- Intraday commentary & news
- Ultra-actionable trading ideas
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.
- 100+ monthly options trading ideas
- Actionable options commentary & news
- Real-time trading community
- Options TV