This account is pending registration confirmation. Please click on the link within the confirmation email previously sent you to complete registration.
Need a new registration confirmation email? Click here
Stocks Under $10 with 50-100% upside potential - 14 days FREE!

FX Energy's CEO Discusses Q2 2012 Results - Earnings Call Transcript

FX Energy Inc. (FXEN)

Q2 2012 Results Earnings Call

August 9, 2012 4:30 PM ET

Executives

Clay Newton – VP, Finance

David Pierce – Chief Executive Officer

Analysts

Kim Pacanovsky – MLV & Co.

Kevin Kwan – Macquarie

Chad Mabry – KLR Group

Daniel Mittag – Oppenheimer

Zachary Prensky – Little Bear Investments

Roger Liddell – Clear Harbor Asset Management

Presentation

Operator

Please standby. Good afternoon, ladies and gentlemen. And welcome to the FX Energy, Incorporated Second Quarter 2012 Financial and Operating Results Conference Call. Today’s conference is being recorded.

And at this time, I will turn the conference over to Mr. Clay Newton. Please go ahead, Mr. Newton.

Clay Newton

Thank you, Kelcey. Thank you all for joining us today. I’m Clay Newton, VP of Finance here at FX Energy. Welcome to our 2012 second quarter and first half earnings call.

The call will follow the usual format. I‘ll talk about just a few key financial items, as substantial detail is available in our earnings release and 10-Q that were filed earlier today and can now be found on our website. After that, David Pierce, our CEO will provide some operational updates. We will also have a Q&A at the end of David’s remarks.

I'd like to remind investors that during today's call we will be making statements that are forward-looking and consequently are subject to risks and uncertainties. Examples of these statements include statements regarding exploration, drilling, development, construction or other projects, or operations that may be subject to the successful completion of technical work; environmental, governmental or partner approvals, equipment availability, or other things that are or may be beyond our control.

1 of 3

Select the service that is right for you!

COMPARE ALL SERVICES
Action Alerts PLUS
Try it NOW

Jim Cramer and Stephanie Link actively manage a real portfolio and reveal their money management tactics while giving advanced notice before every trade.

Product Features:
  • $2.5+ million portfolio
  • Large-cap and dividend focus
  • Intraday trade alerts from Cramer
  • Weekly roundups
TheStreet Quant Ratings
Try it NOW
Only $49.95/yr

Access the tool that DOMINATES the Russell 2000 and the S&P 500.

Product Features:
  • Buy, hold, or sell recommendations for over 4,300 stocks
  • Unlimited research reports on your favorite stocks
  • A custom stock screener
  • Upgrade/downgrade alerts
Stocks Under $10
Try it NOW

David Peltier, uncovers low dollar stocks with extraordinary upside potential that are flying under Wall Street's radar.

Product Features:
  • Model portfolio
  • Stocks trading below $10
  • Intraday trade alerts
  • Weekly roundups
Dividend Stock Advisor
Try it NOW

Jim Cramer's protege, David Peltier, identifies the best of breed dividend stocks that will pay a reliable AND significant income stream.

Product Features:
  • Diversified model portfolio of dividend stocks
  • Alerts when market news affect the portfolio
  • Bi-weekly updates with exact steps to take - BUY, HOLD, SELL
Real Money Pro
Try it NOW

All of Real Money, plus 15 more of Wall Street's sharpest minds delivering actionable trading ideas, a comprehensive look at the market, and fundamental and technical analysis.

Product Features:
  • Real Money + Doug Kass Plus 15 more Wall Street Pros
  • Intraday commentary & news
  • Ultra-actionable trading ideas
Options Profits
Try it NOW

Our options trading pros provide daily market commentary and over 100 monthly option trading ideas and strategies to help you become a well-seasoned trader.

Product Features:
  • 100+ monthly options trading ideas
  • Actionable options commentary & news
  • Real-time trading community
  • Options TV
To begin commenting right away, you can log in below using your Disqus, Facebook, Twitter, OpenID or Yahoo login credentials. Alternatively, you can post a comment as a "guest" just by entering an email address. Your use of the commenting tool is subject to multiple terms of service/use and privacy policies - see here for more details.
Submit an article to us!
DOW 16,960.57 -123.23 -0.72%
S&P 500 1,978.34 -9.64 -0.48%
NASDAQ 4,449.5640 -22.5440 -0.50%

Brokerage Partners

Rates from Bankrate.com

  • Mortgage
  • Credit Cards
  • Auto

Free Newsletters from TheStreet

My Subscriptions:

After the Bell

Before the Bell

Booyah! Newsletter

Midday Bell

TheStreet Top 10 Stories

Winners & Losers

Register for Newsletters
Top Rated Stocks Top Rated Funds Top Rated ETFs