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August 7, 2012 10:00 AM ET
Karen Brown – IR
Chuck Ungurean – President and CEO
Greg Honish – SVP, Operations
Jeff Gutman – SVP, CFO and Treasurer
David Feaster – Raymond James
Ron Londe – Wells Fargo
Good day ladies and gentlemen and welcome to the Oxford Resource Partners, LP earnings conference call. My name is Jasmine and I will be your coordinator today. At this time all participants are on a listen only mode. We will be facilitating a question-and-answer session before the end of today’s conference.
As a reminder this conference is being recorded for replay purposes. I would now like to turn the presentation over to your host for today’s conference, to Miss Karen Brown. You may proceed ma`am.
Thanks Jasmine. Hello and welcome everyone to our second quarter 2012 earnings conference call. We appreciate your continued interest in Oxford Resource Partners. I’m Karen Brown, Investor Relations Representative with Oxford. Participating on the call today are Oxford’s President and CEO, Chuck Ungurean, Oxford’s Senior Vice President of Operations Greg Honish and Oxford’s Senior Vice President and CFO Jeff Gutman. Oxford released its second quarter results earlier this morning and we will now review these results in more detail.
Following our prepared remarks we’ll open this call out to your questions. On today’s call we’ll be discussing our financial results for the second quarter including an update on strategic initiatives under way to improve our financial performance. Please be aware that some of our remarks may include statements which are not historical in nature and may concern expectations, plans and objectives of Oxford regarding its future operation.