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August 7, 2012 11:00 AM ET
Jill McMillan – Director, Public & Industry Affairs
Barry Davis – President and CEO
Mike Garberding – SVP and CFO
Gabe Moreen – Bank of America/Merrill Lynch
Bernie Colson – Global Hunter
Paul Jacob – Raymond James
TJ Schultz – RBC Capital Markets
Sharon Lui – Wells Fargo
Conor Ryan – Saba Capital
Good day, ladies and gentlemen, and welcome to the Second Quarter 2012 Crosstex Energy, LP Earnings Conference Call. My name is Jeff and I’ll be your coordinator for today. At this time, all participants are in a listen-only mode. Later we will conduct a question-and-answer session. (Operator Instructions) As a reminder, this conference is being recorded for replay purposes.
I would now like to turn the conference over to your host for today, Ms. Jill McMillan of Crosstex Energy, and you have the floor, ma’am.
Thank you, Jeff, and good morning, everyone. Thank you for joining us today to discuss Crosstex second quarter 2012 results. On the call today are Barry Davis, President and Chief Executive Officer; and Mike Garberding, Senior Vice President and Chief Financial Officer. Bill Davis, Executive Vice President and Chief Operating Officer, is not with us today because he had minor outpatient surgery and will be back in the office later this week. We wish Bill a speedy recovery.
Our second quarter 2012 earnings release was issued earlier this morning. For those of you who didn’t receive copies, they are available on our website at crosstexenergy.com. If you want to listen to a recording of today’s call, you have 90 days to access the replay by phone or webcast on our website.