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Pioneer Southwest Energy Partners' CEO Discusses Q1 2012 Results - Earnings Call Transcript





Pioneer Southwest Energy Partners L.P. (PSE)

Q1 2012 Earnings Call

May 3, 2012 12:00 pm ET

Executives

Scott Sheffield - Chairman & CEO

Rich Dealy - EVP & CFO

Frank Hopkins - SVP, IR

Analysts

Kevin Smith - Raymond James

Bernhard Weimann - Private Investor

John Razzano - RBC Capital Markets

Steve Tabb - Tocqueville Asset Management

Presentation

Operator

Welcome to Pioneer Southwest Energy's First Quarter Conference Call. Joining us today will be Scott Sheffield, Chairman and Chief Executive Officer; Rich Dealy, Executive Vice President and Chief Financial Officer; and Frank Hopkins, Senior Vice President of Investor Relations.

Pioneer Southwest has prepared PowerPoint slides to supplement their comments today. These slides can be accessed over the Internet at www.pioneersouthwest.com. Again, the Internet site to access the slides related to today's call is www.pioneersouthwest.com. At the website, select Investors, then select Investor Presentations. This call is being recorded.

A replay of the call will be archived on the Internet site through May 25th. The partnership's comments today will include forward-looking statements made pursuant to the Safe Harbor Provisions of the Private Securities Litigation Reform Act of 1995. These statements and the business prospects of Pioneer Southwest are subject to a number of risks and uncertainties that may cause actual results in future periods to differ materially from the forward-looking statements.

These risks and uncertainties are described in Pioneer Southwest's news release on page 2 of the slide presentation and in Pioneer Southwest's public filings made with the Securities and Exchange Commission.

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