This Day On The Street
Continue to site right-arrow
ADVERTISEMENT
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
TheStreet Open House

SandRidge's CEO Discusses Q2 2012 Results - Earnings Call Transcript

Stocks in this article: SDR

SandRidge Mississippian Trust II (SDR)

Q2 2012 Earnings Conference Call

August 10, 2012 09:30 AM ET

Executives



James Bennett – Chief Financial Officer

Tom Ward – Chairman & Chief Executive Officer

Matt Grubb – President & Chief Operating Officer



Analysts

John Ragozzino - RBC Capital Markets

Kevin Smith - Raymond James

Aaron Terry - Kayne Anderson



Presentation



Operator

Good day ladies and gentlemen and welcome to the Second Quarter 2012 SandRidge Mississippian Trust II Earnings Conference call. At this time all participants are in a listen-only mode. (Operator Instruction) As a reminder this conference is being recorded for replay purposes. I would now like to turn the call over to Mr. James Bennett, Chief Financial Officer. Please proceed sir.

James Bennett

Thank you. Welcome everyone and thank you for joining us on the SandRidge Mississippian Trust II conference call. Joining me today are SandRidge Energy Officers Tom Ward, Chairman and CEO and Matt Grubb, President and COO.

This call is intended to cover SandRidge Mississippian Trust II and not SandRidge Energy or other royalty trusts and except as otherwise noted, this call will address results for the three month period, March through May, 2012. The call at the trust has no employees or officers and SandRidge Energy has sponsored the trust, operates the majority of the trust properties.

Please note that today’s call may contain forward looking statements and assumptions which are subject to inherent risks and uncertainties, and actual results may differ materially from those projected in these forward looking statements. Additional information about risk factors and other factors that could potentially affect the trust and its financial results are included in the trust press release issued July 26 and in the trust filings with the SEC.

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 17,390.52 +195.10 1.13%
S&P 500 0.00 -2.75 -0.14%
NASDAQ 4,630.7410 +64.6030 1.41%

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