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Michael N. Mears - Chairman of Magellan GP LLC, Chief Executive Officer of Magellan GP LLC, President of Magellan GP LLC and Chief Operating Officer of Magellan Gp LLC
John D. Chandler - Chief Financial Officer of Magellan Gp Llc - General Partner, Principal Accounting Office of Magellan Gp Llc - General Partner, Senior Vice President of Magellan Gp Llc - General Partner and Treasurer of Magellan Gp Llc - General Partner
Darren Horowitz - Raymond James & Associates, Inc., Research Division
Sharon Lui - Wells Fargo Securities, LLC, Research Division
Brian J. Zarahn - Barclays Capital, Research Division
Theodore Durbin - Goldman Sachs Group Inc., Research Division
Elvira Scotto - RBC Capital Markets, LLC, Research Division
Good day, everyone, and welcome to today's Magellan Midstream Partners Second Quarter 2012 Earnings Results Conference. Just as a reminder, today's call is being recorded. At this time, I would like to turn the conference over to your host for today, Mr. Mike Mears. Please go ahead, sir.
Michael N. Mears
Thank you. Well, good afternoon, and thank you, all, for joining us today to discuss our record quarterly financial results for the second quarter of 2012.
Before get started, I'll remind you that management will be making forward-looking statements as defined by the SEC. Such statements are based on our current judgments, regarding some of the factors that could impact the future performance of Magellan. You should form your own opinions about Magellan's future performance based on the risk factors and other information discussed on our filings with the SEC.