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

SM Energy (SM)

Q1 2012 Earnings Call

May 03, 2012 10:00 am ET

Executives

David W. Copeland - Senior Vice President and General Counsel

Anthony J. Best - Chief Executive Officer, President, Director and Member of Executive Committee

A. Wade Pursell - Chief Financial Officer, Principal Accounting Officer and Executive Vice President

Javan D. Ottoson - Chief Operating Officer and Executive Vice President

Analysts

Subash Chandra - Jefferies & Company, Inc., Research Division

Scott Hanold - RBC Capital Markets, LLC, Research Division

Pearce W. Hammond - Simmons & Company International, Research Division

Welles W. Fitzpatrick - Johnson Rice & Company, L.L.C., Research Division

David R. Tameron - Wells Fargo Securities, LLC, Research Division

Matthew Portillo - Tudor, Pickering, Holt & Co. Securities, Inc., Research Division

Daniel Guffey - Stifel, Nicolaus & Co., Inc., Research Division

Nicholas P. Pope - Dahlman Rose & Company, LLC, Research Division

Presentation

Operator

Good morning. My name is Terry, and I will be your conference operator. At this time, I would like to welcome everyone to the SM Energy 1Q 2012 Earnings Call. [Operator Instructions] I will now turn the call over to Mr. David Copeland, Senior Vice President and General Counsel. Sir, please go ahead.

David W. Copeland

Thank you, Terry. Good morning to all of you joining us by phone and online for SM Energy Company's First Quarter 2012 Earnings Conference Call and Operations Update.

Before we start, I would like to advise you that we would be making forward-looking statements during this call about our plans, expectations and assumptions regarding our future performance. These statements involve risks that may cause our actual results to differ materially from the results expressed or implied on our forward-looking statements. For a discussion of these risks, you should refer to the cautionary information about forward-looking statements in our press release from yesterday afternoon, the presentation posted to our website for this call, and the Risk Factors section in our Form 10-K filed earlier this year, and the Form 10-Q that was filed earlier this morning.

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