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Xcel Energy's CEO Hosts Annual Shareholder Meeting Conference (Transcript)

Xcel Energy Inc. (XEL)

Annual Shareholder Meeting Conference Call

May 16, 2012 12:00 pm ET

Executives

Benjamin G.S. Fowke III – Chairman, President and Chief Executive Officer

Cathy James Hart – Corporate Secretary and Vice President

C. Riley Hill – President, Chief Executive Officer, Director-SPS

Analysts

Paul Harpole – Mayor, Amarillo

Carla J. Sonntag – New Mexico Utility Shareholders Alliance

Beth Duke – Center City-Amarillo, Inc.

Presentation

Benjamin G.S. Fowke III

Good morning and welcome to the 2012 Xcel Energy Shareholder’s Annual Meeting. I’m Ben Fowke and I’d like to start off by saying, it’s great to be in Texas. It really is, this is my first meeting as Chairman, President and CEO, and one of my goals in my new role has been to get out and visit places and meet people that we typically don’t get to see. So again, it’s great to be in Texas. As you know, we’ve operated in this part of the country for many years and truly appreciate it’s growing economy, strong work ethic, and friendly people, and I’m honored to lead Xcel Energy and happy again to be here with you today.

And on stage with me are Cathy Hart, Vice President and Corporate Secretary; Scott Wilensky, Senior Vice President and General Counsel; and Teresa Madden, Senior Vice President and Chief Financial Officer. We appreciate your interest in Xcel Energy and your attendance today. We also like to welcome those of you listening to our webcast. The webcast will be available on our website for your future reference..

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