SandRidge Mississippian Trust II (SDR)
Q2 2012 Earnings Conference Call
August 10, 2012 09:30 AM ET
James Bennett – Chief Financial Officer
Tom Ward – Chairman & Chief Executive Officer
Matt Grubb – President & Chief Operating Officer
John Ragozzino - RBC Capital Markets
Kevin Smith - Raymond James
Aaron Terry - Kayne Anderson
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.
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.
Check Out Our Best Services for Investors
Jim Cramer and Stephanie Link reveal their investment tactics while giving advanced notice before every trade.
- $2.5+ million portfolio
- Large-cap and dividend focus
- Intraday trade alerts from Cramer
Access the tool that DOMINATES the Russell 2000 and the S&P 500.
- Buy, hold, or sell recommendations for over 4,300 stocks
- Unlimited research reports on your favorite stocks
- A custom stock screener
Jim Cramer's protégé, David Peltier, uncovers low dollar stocks with extraordinary upside potential that are flying under Wall Street's radar.
- Model portfolio
- Stocks trading below $10
- Intraday trade alerts