Clayton Williams Energy, Inc. (CWEI)
Q2 2012 Earnings Call
July 26, 2012 2:30 PM ET
Patti Hollums – Director, IR
Mel Riggs – EVP and COO
Michael Pollard – SVP- Finance, Treasurer and CFO
Clayton Williams – Chairman, President and CEO
Greg Welborn – VP, Land
John Kennedy – Manager, Drilling
Welles Fitzpatrick – Johnson Rice
Neal Dingmann – SunTrust Robinson Humphrey
Irene Haas – Wunderlich
Andrew Coleman – Raymond James
Mike Kelly – Global Hunter
Sean Sneeden – Oppenheimer
Irene Hass – Wunderlich
Ravi Kamath – Global Hunter
Good day, ladies and gentlemen, and welcome to the Clayton Williams Energy Incorporated Second Quarter 2012 Results Conference Call. At this time, all participants are in a listen-only mode. Later we will conduct a question-and-answer session, and instructions will be given at that time. (Operator Instructions) As a reminder, this conference is being recorded.
I would now like to introduce our host for today, Ms. Patti Hollums, Director of Investor Relations. Ma’am, please go ahead.
Thank you. Good afternoon and thank you for joining the Clayton Williams Energy Second Quarter 2012 Results Conference Call. Participating on our call today is Clayton Williams, President and CEO; Mel Riggs, Executive Vice President and COO; Mike Pollard, Senior Vice President and CFO, and Ron Gasser, our Engineering Manager.
This call will be recorded and will be available for replay on our website at claytonwilliams.com. You can access this replay through the Investor Relations tab and by clicking on the Conference Call link on the top right hand corner of the screen.
Check Out Our Best Services for Investors
Jim Cramer and Stephanie Link reveal their investment tactics while giving advanced notice before every trade.
- $2.5+ million portfolio
- Large-cap and dividend focus
- Intraday trade alerts from Cramer
Access the tool that DOMINATES the Russell 2000 and the S&P 500.
- Buy, hold, or sell recommendations for over 4,300 stocks
- Unlimited research reports on your favorite stocks
- A custom stock screener
Jim Cramer's protégé, David Peltier, uncovers low dollar stocks with extraordinary upside potential that are flying under Wall Street's radar.
- Model portfolio
- Stocks trading below $10
- Intraday trade alerts