Core Laboratories NV (CLB)
Q2 2012 Results Earnings Call
July 19, 2012 8:30 AM ET
David Demshur – Chairman, President and CEO
Dick Bergmark – Executive Vice President and CFO
Monty Davis – Chief Operating Officer
James West – Barclays
Jim Crandell – Dahl Rose
Kurt Hallead – RBC Capital
Rob MacKenzie – FB
John Daniel – Simmons
Blake Hutchison – Howard Weil
Stephen Gengaro – Sterne, Agee
John Lawrence – Tudor, Pickering
Good morning. My name is Kimberly, and I will be your conference operator today. At this time, I would like to welcome everyone to the Core Lab Q2 2012 Earnings Conference Call. All lines have been placed on mute to prevent any background noise. After the speakers’ remarks there will be a question-and-answer session. (Operator Instructions)
I would now like to turn the call over to Mr. David Demshur. Please go ahead, sir.
Thanks, Kimberly. I’d like to say good morning to everybody in North America, good afternoon in Europe and good evening to all of the listeners in Asia-Pacific. We’d like to welcome all of our shareholders, analysts, and most importantly, our employees to Core Laboratories’ second quarter 2012 earnings conference call.
This morning I’m joined by Dick Bergmark, Core’s Executive Vice President and CFO. And also again this morning we are joined by Core’s COO, Monty Davis, who’ll present the detailed operational review.
The call will be divided into five segments. Dick will start by making remarks regarding forward-looking statements. Then we’ll come back and give a brief investor update and highlight the three financial tenets by which Core’s executive management executes the company’s growth strategies.