Thanks, Dan. Good morning and many thanks to you all for joining us today. We always appreciate your continued interest and investment in ONEOK and ONEOK Partners. Joining me this morning are Rob Martinovich, our Chief Financial Officer, who will review our quarterly financial performance and update our three-year growth forecast; Pierce Norton, our Chief Operating Officer, who will review the operating performance of ONEOK and ONEOK Partners and update you on the partnership’s growth projects; and Terry Spencer, our President, who will discuss our NGL supply and demand outlook, followed by an update on our new Bakken Crude Express Pipeline.
On this morning’s call, I will briefly review our first quarter results, discuss our rationale for building the crude oil pipeline out of the Bakken and then conclude with some perspective on our updated three-year growth forecast.
Let’s start with our first quarter performance. Again, ONEOK Partners turned in an exceptionally strong performance, while our Natural Gas Distribution segment turned in slightly lower results, and our Energy Services segment reported a loss because of the continued decline in natural gas prices. Pierce will provide more detail on each segment’s operating performance in just a few minutes. We remain confident with our 2012 earnings guidance ranges for both ONEOK and ONEOK Partners. Although it’s still early in the year, we expect the continued strong performance at the partnership to offset the weaker performance at Energy Services.Now, a few comments about our Bakken Crude Express Pipeline. Building this crude oil line is consistent with our vision statement, which includes applying our core capabilities of gathering, processing, fractionating, storing, marketing and distributing the natural gas, natural gas liquids, and other energy commodities. Our physical presence in the Bakken provides us a unique opportunity to apply our capabilities to crude oil. It’s very similar to what we did when we entered the NGL business more than a decade ago.
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