This Day On The Street
Continue to site right-arrow
ADVERTISEMENT
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
Cramer's Action Alerts PLUS - See his portfolio and get alerts BEFORE every trade. Learn more NOW!

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.

1 of 3

Check Out Our Best Services for Investors

Action Alerts PLUS

Portfolio Manager Jim Cramer and Director of Research Jack Mohr reveal their investment tactics while giving advanced notice before every trade.

Product Features:
  • $2.5+ million portfolio
  • Large-cap and dividend focus
  • Intraday trade alerts from Cramer
Quant Ratings

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
Stocks Under $10

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

Product Features:
  • Model portfolio
  • Stocks trading below $10
  • Intraday trade alerts
14-Days Free
Try it NOW
Only $9.95
Try it NOW
14-Days Free
Try it NOW

Check Out Our Best Services for Investors

Dividend Stock Advisor

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
  • Updates with exact steps to take - BUY, HOLD, SELL
Trifecta Stocks

Every recommendation goes through 3 layers of intense scrutiny—quantitative, fundamental and technical analysis—to maximize profit potential and minimize risk.

Product Features:
  • Model Portfolio
  • Intra Day Trade alerts
  • Access to Quant Ratings
Options Profits

Our options trading pros provide over 100 monthly option trading ideas and strategies to help you become a well-seasoned trader.

Product Features:
  • Actionable options commentary and news
  • Real-time trading community
Try it NOW
Try it NOW
Try it NOW
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.
Submit an article to us!
SYM TRADE IT LAST %CHG

Markets

DOW 18,132.70 -81.72 -0.45%
S&P 500 2,104.50 -6.24 -0.30%
NASDAQ 4,963.5270 -24.3630 -0.49%

Partners Compare Online Brokers

Free Reports

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