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SandRidge Energy Management Discusses Q2 2012 Results - Earnings Call Transcript

SandRidge Energy (SD)

Q2 2012 Earnings Call

August 03, 2012 9:00 am ET

Executives

James D. Bennett - Chief Financial Officer and Executive Vice President

Tom L. Ward - Chairman and Chief Executive Officer

Matthew K. Grubb - President and Chief Operating Officer

Analysts

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

David W. Kistler - Simmons & Company International, Research Division

Duane Grubert - Susquehanna Financial Group, LLLP, Research Division

Amir Arif - Stifel, Nicolaus & Co., Inc., Research Division

Craig Shere - Tuohy Brothers Investment Research, Inc.

Scott Hanold - RBC Capital Markets, LLC, Research Division

Joseph D. Allman - JP Morgan Chase & Co, Research Division

Charles A. Meade - Johnson Rice & Company, L.L.C.

Richard M. Tullis - Capital One Southcoast, Inc., Research Division

James Spicer

David Snow

Presentation

Operator

Good day, ladies and gentlemen, and welcome to the Second Quarter 2012 SandRidge Energy Earnings Conference Call. My name is Pam, and I'll be your operator for today. [Operator Instructions] As a reminder, this conference is being recorded for replay purposes.

I would now like to turn the conference over to Mr. James Bennett, Chief Financial Officer. Please proceed.

James D. Bennett

Thank you, Pamela. Welcome, everyone, and thank you for joining us on our second quarter 2012 earnings call. This is James Bennett, Chief Financial Officer. And with us today, we have: Tom Ward, Chairman and Chief Executive Officer; Matt Grubb, President and Chief Operating Officer; and Kevin White, Senior Vice President of Business Development.

Keep in mind that today's call will contain forward-looking statements and assumptions, which are subject to risks and uncertainties, and actual results may differ materially from those projected in these forward-looking statements. Additionally, we'll make reference to adjusted net income, adjusted EBITDA and other non-GAAP financial measures. A reconciliation of any non-GAAP measures we discuss can be found in our earnings release and on our website.

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