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TheStreet Open House

TC PipeLines' CEO Discusses Q2 2012 Results - Earnings Call Transcript





TC PipeLines, LP. (TCP)

Q2 2012 Earnings Call

July 25, 2012 11:00 am ET

Executives

Lee Evans - Manager, IR

Steve Becker - President

Sandra Ryan-Robinson - Principal Financial Officer

Stuart Kampel - VP and GM

Analysts

Ted Durbin - Goldman Sachs

John Tysseland - Citigroup

Winfried Fruehauf - W. Fruehauf Consultants

Presentation

Operator

Good day, ladies and gentlemen, and welcome to the TC PipeLines, LP 2012 Second Quarter Results.

I would now like to turn the meeting over to Mr. Lee Evans, Manager, Investor Relations. Please go ahead, Mr. Evans.

Lee Evans

Thank you, operator, and good day, everyone. I’d like to welcome you to TC PipeLines second quarter 2012 conference call. I’m joined today by our President, Steve Becker; Principal Financial Officer, Sandra Ryan-Robinson; and Vice President and General Manager, Stuart Kampel.

Please note that a slide presentation will accompany the remarks, which is available on our website at tcpipelines.com, where it can be found in the Investor Center section, under the heading Events & Presentations.

Steve will begin today with a review of TC PipeLines second quarter results and provide an update on the various developments concerning the partnership. Sandra will then proceed to review in detail our financial results for the first quarter. Steve will then return and wrap up the partnership’s prepared remarks with some key takeaways. Following the prepared remarks, I will ask the conference operator to coordinate your questions.

Before we begin, I’d like to remind you that certain statements made during this conference call will be forward-looking regarding future events and our future financial performance. All forward-looking statements are based on our beliefs, as well as assumptions made by and information currently available to us.

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