Magellan Midstream Partners LP (MMP)
Q2 2012 Earnings Call
August 01, 2012 1:30 pm ET
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.
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