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Portland General Electric's CEO Discusses Q1 2012 Results - Earnings Call Transcript

Portland General Electric Company (POR)

Q1 2012 Results Earnings Call

May 03, 2012 11:00 AM ET

Executives

Bill Valach – Director, Investor Relations

Jim Piro – President and CEO

Maria Pope – Senior Vice President, Finance, CFO and Treasurer

Analysts

Neil Mehta - Goldman Sachs

Maury May – Power Insights

Brian Russo – Ladenburg Thalmann

Sarah Akers – Wells Fargo

James Bellessa – D. A. Davidson

Andrew Weisel – Macquarie Capital

David Tories – Bank of America-Merrill Lynch

Mark Barnett – Morningstar

Eric McCarthy – Praesidis Capital

John Alley – Decade Capital

Presentation

Operator

Good morning, everyone. And welcome to Portland General Electric Company’s First Quarter 2012 Earnings Results Conference Call. Today is Thursday, May 3, 2012. This call is being recorded and as such, all lines have been placed on mute to prevent any background noise. After the speaker’s remarks there will be a question-and-answer period. (Operator Instructions)

For opening remarks and introduction, I would like to turn the conference over to Portland General Electric’s Director of Investor Relations, Mr. Bill Valach. Please go ahead sir.

Bill Valach

Thank you, Rachel, and good morning, everyone. And we are very pleased that you’re able to join us today. Before we begin our discussion this morning, I’d like to make our customary statements regarding Portland General Electric’s written and oral disclosures and commentary.

There will be statements in this call that are not based on historical facts and as such constitute forward-looking statements under current law. These statements are subject to factors that may cause actual results to differ materially from the forward-looking statements made today.

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