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

Southwestern Energy (SWN)

Q1 2012 Earnings Call

May 04, 2012 10:00 am ET

Executives

Steven L. Mueller - Chief Executive Officer, President and Director

Gregory D. Kerley - Chief Financial Officer, Executive Vice President and Director

Analysts

Brian Lively - Tudor, Pickering, Holt & Co. Securities, Inc., Research Division

Biju Z. Perincheril - Jefferies & Company, Inc., Research Division

Brian Singer - Goldman Sachs Group Inc., Research Division

Scott Hanold - RBC Capital Markets, LLC, Research Division

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

Arun Jayaram - Crédit Suisse AG, Research Division

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

Michael Schmitz - Ladenburg Thalmann & Co. Inc., Research Division

Robert L. Christensen - The Buckingham Research Group Incorporated

Joseph D. Allman - JP Morgan Chase & Co, Research Division

Michael Kelly - Global Hunter Securities, LLC, Research Division

Jack N. Aydin - KeyBanc Capital Markets Inc., Research Division

David Snow

Presentation

Operator

Greetings, and welcome to the Southwestern Energy First Quarter 2012 Earnings Teleconference Call. [Operator Instructions] As a reminder, this conference is being recorded.

It is now my pleasure to introduce your host, Mr. Steve Mueller, President and CEO. Thank you. Mr. Mueller, you may begin.

Steven L. Mueller

Thank you. And good morning, and thank you for joining us. With me today are Bill Way, our Chief Operating Officer; Greg Kerley, our Chief Financial Officer; Jeff Sherrick, Senior VP of Corporate Development; and Brad Sylvester, our VP of Investor Relations.

If you've not received a copy of yesterday's press release regarding our first quarter 2012 results, you can find a copy on our website at www.swn.com. Also, I'd like to point out that many of the comments during this teleconference are forward-looking statements that involve risks and uncertainties affecting outcomes, many of which are beyond our control and are discussed in more detail in the risk factors and the forward-looking statement sections of our annual and quarterly filings with the Securities and Exchange Commission. Although we believe the expectations expressed are based on reasonable assumptions, they are not guarantees of future performance, and actual results or developments may differ materially.

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