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Pioneer Natural Resources' CEO Discusses Q1 2012 Results - Earnings Call Transcript

Pioneer Natural Resources (PXD)

Q1 2012 Earnings Call

May 03, 2012 10:00 am ET

Executives

Frank E. Hopkins - Senior Vice President of Investor Relations

Scott D. Sheffield - Chairman and Chief Executive Officer

Timothy L. Dove - President and Chief Operating Officer

Richard P. Dealy - Chief Financial Officer and Executive Vice President

Analysts

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

Michael A. Hall - Robert W. Baird & Co. Incorporated, Research Division

Will Green - Stephens Inc., Research Division

Jessica Chipman - Tudor, Pickering, Holt & Co. Securities, Inc., Research Division

Leo P. Mariani - RBC Capital Markets, LLC, Research Division

Brian M. Corales - Howard Weil Incorporated, Research Division

Amir Arif - Stifel, Nicolaus & Co., Inc., Research Division

Sven Del Pozzo - IHS Herold, Inc

Daniel J. Morrison - Global Hunter Securities, LLC, Research Division

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

Rehan Rashid - FBR Capital Markets & Co., Research Division

Brian Singer - Goldman Sachs Group Inc., Research Division

Presentation

Operator

Welcome to Pioneer Natural Resources First Quarter Conference Call. Joining us today will be Scott Sheffield, Chairman and Chief Executive Officer; Tim Dove, President and Chief Operating Officer; Rich Dealy, Executive Vice President and Chief Financial Officer; and Frank Hopkins, Senior Vice President of Investor Relations.

Pioneer has prepared PowerPoint slides to supplement their comments today. These slides can be accessed over the Internet at www.pxd.com. Again, the Internet site to access the slides related to today's call is www.pxd.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 25.

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