This Day On The Street
Continue to site right-arrow
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!

Walter Energy Management Discusses Q2 2012 Results - Earnings Call Transcript

Walter Energy (WLT)

Q2 2012 Earnings Call

August 02, 2012 9:00 am ET


Paul Blalock - Vice President of Investor Relations

Walter J. Scheller - Chief Executive Officer, Member of The Board of Directors, Member of Executive Committee, President of Jim Walter Resources and Chief Operating Officer of Jim Walter Resources

William G. Harvey - Chief Financial Officer and Senior Vice President

Daniel Paul Cartwright - President of Canadian Operations

Michael T. Madden - Chief Commercial Officer and Senior Vice President

Richard Allen Donnelly - President of Jim Walter Resources


James M. Rollyson - Raymond James & Associates, Inc., Research Division

Shneur Z. Gershuni - UBS Investment Bank, Research Division

Brian D. Gamble - Simmons & Company International, Research Division

Garrett S. Nelson - BB&T Capital Markets, Research Division

Ralph Wayne Atwell - Global Hunter Securities, LLC, Research Division

Curtis Woodworth - Nomura Securities Co. Ltd., Research Division

Andre Benjamin - Goldman Sachs Group Inc., Research Division

Timna Tanners - BofA Merrill Lynch, Research Division

Brandon Blossman - Tudor, Pickering, Holt & Co. Securities, Inc., Research Division

Paul Forward - Stifel, Nicolaus & Co., Inc., Research Division

J. Christopher Haberlin - Davenport & Company, LLC, Research Division

Sam Dubinsky - Wells Fargo Securities, LLC, Research Division

David E. Beard - Iberia Capital Partners, Research Division



Good morning, and welcome to Walter Energy's Second Quarter 2012 Earnings Call. [Operator Instructions] I would now like to turn the meeting over to Mr. Paul Blalock, Vice President of Investor Relations. Sir, please begin.

Paul Blalock

Thank you, Merilee. Good morning, all, and thank you for joining us today. This call is being webcast live over the Internet and a recording will be available and archived on our website for at least 30 days. On this call, we may refer to forward-looking statements made in yesterday's press release, and we may make those and other forward-looking statements during this call. For more information regarding the risks associated with forward-looking statements, please refer to the company's SEC filings. Joining me today, on today's call are Walter Energy's CEO, Walt Scheller; and CFO Bill Harvey, as well as other members of the management team, who will be available for Q&A. Now I'd like to had it over to Walt.

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!


DOW 17,776.12 -200.19 -1.11%
S&P 500 2,067.89 -18.35 -0.88%
NASDAQ 4,900.8850 -46.5560 -0.94%

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