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NV Energy's CEO Hosts 2012 Investor Meeting Conference (Transcript)

NV Energy, Inc. (NVE)

2012 Investor Meeting Conference Call

May 16, 2012 8:00 am ET


Max Kuniansky – Executive, Investor Relations

Michael W. Yackira – President and Chief Executive Officer

Dilek Samil – Senior Vice President of Finance, Chief Financial Officer and Treasurer


Neil Mehta – Goldman Sachs

Kit Konolige – Konolige Research, LLC

Kevin L. Cole – Credit Suisse Securities, LLC

Maurice May – Wellington Shields

Brian Russo – Ladenburg Thalmann & Co.


Max Kuniansky

Thank you very much for coming today. That includes everybody listening to the webcast. We’re webcasting live today. My name is Max Kuniansky, I think I know most of you here. But I do want to introduce the other people we have on the podium today. Michael Yackira, our CEO; Dilek Samil, our Chief Financial Officer; Kevin Bethel, Chief Accounting Officer; and in the back of the room keeping everything running, we have Britta Carlson, and Jessica Lucero, from Investor Relations. Britta and Jessica are microphone handlers today. When we get the question-and-answer session, we want to sure everybody including the people listening to the webcast can hear your question. So when you have a question, raise your hand, wait for Jessica or Britta to get to you with the microphone and we will go from there.

So why don’t we go ahead and get started. Now I’ll introduce Michael Yackira, President and CEO of NV Energy.

Michael W. Yackira

Thank you, Max. Thanks everyone for coming and being on the webcast. We will have time for Q&A. I’m going to try to keep these remarks for about 30 minutes, and then have plenty of time for Q&A. So I’m very pleased to be here. Great to see the turnout that we have live, and very pleased that we’re doing this post the announcement we made on Monday, last week on the dividend increase and giving more color to what that dividend growth is going to be looking like, and providing earnings guidance for the first time, certainly in the company’s merge history, looking back on the record, so I didn’t see when we were giving earnings guidance last, but certainly since over the last 10 years or so.

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