This Day On The Street
Continue to site right-arrow
ADVERTISEMENT
This account is pending registration confirmation. Please click on the link within the confirmation email previously sent you to complete registration.
Need a new registration confirmation email? Click here
Cramer's Action Alerts PLUS - See his portfolio and get alerts BEFORE every trade. Learn more NOW!

Lufkin Industries Management Discusses Q2 2012 Results - Earnings Call Transcript

Lufkin Industries (LUFK)

Q2 2012 Earnings Call

July 30, 2012 10:00 am ET

Executives

Jack Lascar - Partner

John F. Glick - Chief Executive Officer, President and Director

Christopher L. Boone - Chief Financial Officer, Principal Accounting Officer, Vice President and Treasurer

Analysts

Collin Gerry - Raymond James & Associates, Inc., Research Division

Robin E. Shoemaker - Citigroup Inc, Research Division

Jeff Tillery - Tudor, Pickering, Holt & Co. Securities, Inc., Research Division

Neal Dingmann - SunTrust Robinson Humphrey, Inc., Research Division

Brian Uhlmer - Global Hunter Securities, LLC, Research Division

Blake Allen Hutchinson - Howard Weil Incorporated, Research Division

Presentation

Operator

Good morning, ladies and gentlemen, and thank you for standing by, and welcome to the Lufkin Industries' Second Quarter 2012 Earnings Conference Call. [Operator Instructions] And as a reminder, this call is being recorded today, July 30, 2012. I would now like to turn the call over to Jack Lascar with DRG&L. Please go ahead.

Jack Lascar

Thank you, Craig, and good morning, everyone. With me today are Jay Glick, Lufkin's President and Chief Executive Officer; and Chris Boone, Vice President and Chief Financial Officer.

Before I turn the call over to Jay, I have a couple of quick housekeeping items. If you would like to be on our e-mail distribution list for future news releases, please call us at (713) 529-6600. If you would like to listen to a replay of today's call, it will be available via recorded phone replay until August 16, and also by webcast replay by going to the IR section of Lufkin's website. This information was also provided in this morning's news release. The information reported on this call speaks only as of today, July 30, 2012. So please be aware that time-sensitive information may no longer be accurate at the time of any replay.

1 of 3

Check Out Our Best Services for Investors

Action Alerts PLUS

Portfolio Manager Jim Cramer and Director of Research Jack Mohr reveal their investment tactics while giving advanced notice before every trade.

Product Features:
  • $2.5+ million portfolio
  • Large-cap and dividend focus
  • Intraday trade alerts from Cramer
Quant Ratings

Access the tool that DOMINATES the Russell 2000 and the S&P 500.

Product Features:
  • Buy, hold, or sell recommendations for over 4,300 stocks
  • Unlimited research reports on your favorite stocks
  • A custom stock screener
Stocks Under $10

David Peltier uncovers low dollar stocks with serious upside potential that are flying under Wall Street's radar.

Product Features:
  • Model portfolio
  • Stocks trading below $10
  • Intraday trade alerts
14-Days Free
Try it NOW
Only $9.95
Try it NOW
14-Days Free
Try it NOW

Check Out Our Best Services for Investors

Dividend Stock Advisor

David Peltier identifies the best of breed dividend stocks that will pay a reliable AND significant income stream.

Product Features:
  • Diversified model portfolio of dividend stocks
  • Updates with exact steps to take - BUY, HOLD, SELL
Trifecta Stocks

Every recommendation goes through 3 layers of intense scrutiny—quantitative, fundamental and technical analysis—to maximize profit potential and minimize risk.

Product Features:
  • Model Portfolio
  • Intra Day Trade alerts
  • Access to Quant Ratings
Options Profits

Our options trading pros provide over 100 monthly option trading ideas and strategies to help you become a well-seasoned trader.

Product Features:
  • Actionable options commentary and news
  • Real-time trading community
Try it NOW
Try it NOW
Try it NOW
To begin commenting right away, you can log in below using your Disqus, Facebook, Twitter, OpenID or Yahoo login credentials. Alternatively, you can post a comment as a "guest" just by entering an email address. Your use of the commenting tool is subject to multiple terms of service/use and privacy policies - see here for more details.
Submit an article to us!
SYM TRADE IT LAST %CHG

Markets

DOW 18,135.72 +38.82 0.21%
S&P 500 2,101.04 +2.51 0.12%
NASDAQ 4,982.8090 +15.6680 0.32%

Partners Compare Online Brokers

Free Reports

Free Newsletters from TheStreet

My Subscriptions:

After the Bell

Before the Bell

Booyah! Newsletter

Midday Bell

TheStreet Top 10 Stories

Winners & Losers

Register for Newsletters
Top Rated Stocks Top Rated Funds Top Rated ETFs