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July 27, 2012 10:00 AM ET
Bryan Kimzey – VP, IR
Jack Fusco – President and CEO
Thad Hill – EVP and COO
Zamir Rauf – EVP and CFO
Thad Miller – Chief Legal Officer and Secretary
Neil Mehta – Goldman Sachs
Stephen Byrd – Morgan Stanley
Paul Fremont Jefferies & Company
Steve Fleishman – Bank of America Merrill Lynch
Gregg Orrill – Barclays
Angie Storozynski – Macquarie Research Equities
Brian Chin – Citigroup
Julien Dumoulin-Smith – UBS
Brandon Blossman – Tudor, Pickering, Holt
Jon Cohen – ISI Group
Ali Agha – SunTrust Robinson Humphrey
Good morning, and welcome to the Calpine Corporation Second Quarter 2012 Earnings Release Conference. My name is Brandon, and I will be the operator for today's call. At this time, all participants are in a listen-only mode. Later, we will conduct a question-and-answer session. Please note that this conference is being recorded.
I will now turn the call over to Mr. Bryan Kimzey, Vice President of Investor Relations. Mr. Kimzey, you may begin.
Thank you, operator, and good morning everyone. I'd like to welcome you to Calpine's investor update conference call, covering our second quarter of 2012 results. Today's call is being broadcast live over the phone and via webcast, which can be found on our website at www.calpine.com. You will find the access to the webcast and a copy of the accompanying presentation materials in the Investor Relations Section of our website.