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TheStreet Open House

NRG Energy Management Discusses Q2 2012 Results - Earnings Call Transcript

NRG Energy (NRG)

Q2 2012 Earnings Call

August 08, 2012 10:00 am ET

Executives

Chad Plotkin - Vice President of Investor Relations

David W. Crane - Chief Executive Officer, President, Executive Director and Member of Nuclear Oversight Committee

Mauricio Gutierrez - Chief Operating Officer and Executive Vice President

Kirkland B. Andrews - Chief Financial Officer and Executive Vice President

Christopher S. Moser - Chairman, Chief Executive Officer, and President

Analysts

Jonathan Cohen - ISI Group Inc., Research Division

Angie Storozynski - Macquarie Research

Dan Eggers - Crédit Suisse AG, Research Division

Gregg Orrill - Barclays Capital, Research Division

Brian Chin - Citigroup Inc, Research Division

Julien Dumoulin-Smith - UBS Investment Bank, Research Division

Keith Stanley - Deutsche Bank AG, Research Division

Presentation

Operator

Good day, ladies and gentlemen, and welcome to the Second Quarter 2012 NRG Energy Incorporated Earnings Conference Call. My name is Erin, and I'll be your coordinator for today. [Operator Instructions] As a reminder, this conference is being recorded for replay purposes. I will now turn the presentation over to your host for today's conference, Mr. Chad Plotkin, Vice President, Investor Relations. Please proceed, sir.

Chad Plotkin

Thank you, Erin, and good morning, everyone. Welcome to our second quarter earnings call. This morning's call is being broadcast live over the phone and via webcast, which can be located on our website at www.nrgenergy.com. You can access the call, associated presentation material, as well as the replay of the call in the Investor Relations section of our website. This call, including the presentation and Q&A session, will be limited to no more than 45 minutes. [Operator Instructions]. Before we begin, I urge everyone to review the Safe Harbor statement provided in the presentation, which explains the risks and uncertainties associated with future events and the forward-looking statements made in today's press release and presentation material. We caution you to consider the important risk factors contained in our press release and other filings with the SEC that could cause actual results to differ materially from those in the forward-looking statements in the press release and this conference call. In addition, please note that the date of this conference call is Wednesday, August 8, 2012, and any forward-looking statements that we make today are based on assumptions that we believe to be reasonable as of this date. We undertake no obligation to update these statements as a result of future events except as required by law. During this morning's call, we will refer to both GAAP and non-GAAP financial measures of the company's operating and financial results. For complete information regarding our non-GAAP financial information, the most direct comparable GAAP measures and a quantitative reconciliation of those figures, please refer to today's press release and this presentation. With that, I'll turn the call over to your host, David Crane, NRG's President and Chief Executive Officer.

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