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MDU Resources Group's CEO Discusses Q2 2012 Results - Earnings Call Transcript

MDU Resources Group, Inc. (MDU)

Q2 2012 Earnings Call

August 2, 2012 11:00 am ET

Executives

Doran Schwartz - VP & CFO

Terry Hildestad - President & CEO

Steve Bietz - President & CEO, WBI Energy

Dave Goodin - President & CEO, Montana-Dakota, Great Plains Natural Gas, Cascade Natural Gas and Intermountain Gas

John Harp - CEO, Knife River Corporation and MDU Construction Services

Kent Wells - President & CEO, Fidelity Exploration & Production

Bill Schneider - EVP, Bakken Development

Nicole Kivisto - VP, Controller & CAO, MDU Resources

Analysts

Paul Ridzon - KeyBanc

Holly Stewart - Howard Weil

Timm Schneider - Citigroup

John Hanson - Presidus

James Bellessa - D.A. Davidson & Co.

Presentation

Operator

Good morning. My name is Alisha and I will be your conference facilitator. At this time, I would like to welcome everyone to the MDU Resources Group Second Quarter 2012 Conference Call. All lines have been placed on mute to prevent any background noise. After the speakers' remarks, there will be a question-and-answer period. (Operator Instructions)

This call will be available for replay beginning at 2:00 PM Eastern today through to 11:59 PM Eastern on August the 16th. The conference ID number for the replay is 93978182. Again, the conference ID number for the replay is 93978182. The number to dial for the replay is 1-855-859-2056 or 404-537-3406.

I would now like to turn the call over to Doran Schwartz, Vice President and Chief Financial Officer of MDU Resources Group. Thank you. Mr. Schwartz, you may begin your conference.

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