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Good day, ladies and gentlemen and welcome to the second quarter 2012 Energy Transfer Earnings Conference Call. All participants are in a listen-only mode at this time. Later on, we will conduct a question-and answer session. (Operator Instructions). As a reminder, today's conference is being recorded for replay purposes.
I would now like to turn the conference over to your host for today, Mr. Martin Salinas, Energy Transfer's Chief Financial Officer. Please go ahead, sir.
Thanks, operator, and good morning everyone. Welcome to the Energy Transfer's second quarter 2012 earnings call.
With me today are Kelcy, Mackie, Tom Mason and John McReynolds along with other members of our management team who will be available to help answer your questions after our prepared remarks.
Today, I will start with a brief update on the pending Sunoco acquisitions and recently announced drop down of Southern Union into an ETP-controlled entity as well as other growth initiatives that we are pursuing. We will also discuss second quarter financial and operating results for ETP, ETE and Southern Union before going and taking your questions.
Our earnings releases which were released yesterday after the market closed are available on our website and we intend to file our quarterly reports on Form 10-Q today. I will also remind you that during the call, I will be making forward-looking statements within the meaning of Section 21E of the SEC Act of 1934 based on our belief as well as certain assumptions and financial information available to us today.