This account is pending registration confirmation. Please click on the link within the confirmation email previously sent you to complete registration.
Need a new registration confirmation email? Click here
See Cramer's multi-million dollar portfolio for FREE and get his new book Get Rich Carefully! Learn More

Noble Energy's CEO Discusses Q1 2012 Results - Earnings Call Transcript

Noble Energy (NBL)

Q1 2012 Earnings Call

April 26, 2012 10:00 am ET

Executives

David R. Larson - Vice President of Investor Relations

Charles D. Davidson - Chairman, Chief Executive Officer and Member of Environment, Health & Safety Committee

David L. Stover - President and Chief Operating Officer

Analysts

Brian Singer - Goldman Sachs Group Inc., Research Division

David W. Kistler - Simmons & Company International, Research Division

Arun Jayaram - Crédit Suisse AG, Research Division

Brian Lively - Tudor, Pickering, Holt & Co. Securities, Inc., Research Division

John Malone - Global Hunter Securities, LLC, Research Division

Irene O. Haas - Wunderlich Securities Inc., Research Division

Charles A. Meade - Johnson Rice & Company, L.L.C., Research Division

Presentation

Operator

Good morning, and welcome to the Noble Energy's First Quarter 2012 Earnings Call. I would like to turn the conference over to Mr. David Larson. Please go ahead, sir.

David R. Larson

Thanks, Ryan. good morning, everyone. Welcome to Noble Energy's first quarter 2012 earnings call and webcast. On the call today, we have Chuck Davidson, Chairman and CEO; Dave Stover, President and COO; and Ken Fisher, CFO.

This morning, we have issued our earnings release for the first quarter, and it is available on our website. Later today, we expect to be filing our 10-Q with the SEC, and it will also be available on the website.

The agenda for today will begin with Chuck discussing the quarter and highlights of our exploration inventory and the progress that we're making on our Eastern Mediterranean projects. Dave will then give a detailed overview of our operational programs and near-term plans.

Stock quotes in this article: NBL 

Select the service that is right for you!

COMPARE ALL SERVICES
Action Alerts PLUS
Try it NOW

Jim Cramer and Stephanie Link actively manage a real portfolio and reveal their money management tactics while giving advanced notice before every trade.

Product Features:
  • $2.5+ million portfolio
  • Large-cap and dividend focus
  • Intraday trade alerts from Cramer
  • Weekly roundups
TheStreet Quant Ratings
Try it NOW
Only $49.95/yr

Access the tool that DOMINATES the Russell 2000 and the S&P 500.

Product Features:
  • Buy, hold, or sell recommendations for over 4,300 stocks
  • Unlimited research reports on your favorite stocks
  • A custom stock screener
  • Upgrade/downgrade alerts
Stocks Under $10
Try it NOW

David Peltier, uncovers low dollar stocks with extraordinary upside potential that are flying under Wall Street's radar.

Product Features:
  • Model portfolio
  • Stocks trading below $10
  • Intraday trade alerts
  • Weekly roundups
Dividend Stock Advisor
Try it NOW

Jim Cramer's protege, David Peltier, identifies the best of breed dividend stocks that will pay a reliable AND significant income stream.

Product Features:
  • Diversified model portfolio of dividend stocks
  • Alerts when market news affect the portfolio
  • Bi-weekly updates with exact steps to take - BUY, HOLD, SELL
Real Money Pro
Try it NOW

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.

Product Features:
  • Real Money + Doug Kass Plus 15 more Wall Street Pros
  • Intraday commentary & news
  • Ultra-actionable trading ideas
Options Profits
Try it NOW

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.

Product Features:
  • 100+ monthly options trading ideas
  • Actionable options commentary & news
  • Real-time trading community
  • Options TV
To begin commenting right away, you can log in below using your Disqus, Facebook, Twitter, OpenID or Yahoo login credentials. Alternatively, you can post a comment as a "guest" just by entering an email address. Your use of the commenting tool is subject to multiple terms of service/use and privacy policies - see here for more details.
DOW 16,408.54 -16.31 -0.10%
S&P 500 1,864.85 +2.54 0.14%
NASDAQ 4,095.5160 +9.2910 0.23%

Brokerage Partners

Rates from Bankrate.com

  • Mortgage
  • Credit Cards
  • Auto
Advertising Partners

Free Newsletters from TheStreet

My Subscriptions:

After the Bell

Before the Bell

Booyah! Newsletter

Midday Bell

TheStreet Top 10 Stories

Winners & Losers

Register for Newsletters
Top Rated Stocks Top Rated Funds Top Rated ETFs