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

Magnum Hunter Resources' CEO Discusses Q2 2012 Results - Earnings Call Transcript

Stocks in this article: MHR

Magnum Hunter Resources Corporation (MHR)

Q2 2012 Earnings Call

August 9, 2012 11:00 AM ET

Executives



Gabe Scott – VP, Capital Markets and Corporate Development

Gary Evans – Chairman and CEO

Ron Ormand – EVP and CFO

Kip Ferguson – EVP, Exploration

Jim Denny – EVP, Operations

Analysts



Veea Chan – SunTrust

Kim Pacanovsky – MLV

Jeff Hayden – KLR Group

Irene Haas – Wunderlich Securities

Joe Stewart – Citi

Hsulin Peng – Baird

Richard Tullis – Capital One

Steven Karpel – Credit Suisse

Presentation



Operator

Good morning, and welcome to the Magnum Hunter Resources Second Quarter 2012 Financial and Operating Results Conference Call. All lines have been placed on mute to prevent any background noise. After the speakers’ remarks, there will be a question-and-answer session. (Operator Instructions)

Thank you. Mr. Scott, you may now begin.

Gabe Scott

Good morning. This is Gabe Scott and I’d like to welcome everyone to Magnum Hunter Resources Corporation second quarter 2012 financial and operating results conference call.

The purpose of today’s call is to discuss our second quarter 2012 financial and operating results among other matters of interest regarding the company.

Before we begin our presentation, I would like to advise you that today’s call may include forward-looking statements within the meaning of Section 27A of the Securities Act of 1933 and Section 21E of Securities Exchange Act of 1934.

Our presentation may include statements regarding our expectations, believes, intentions or strategies regarding the future. Such forward-looking statements may relate to, among other things, the company’s proposed exploration and drilling operations, production and revenue from its properties, and estimates regarding reserve potential. These statements are qualified by important factors that could cause the company’s actual results to differ materially from those reflected by the forward-looking statements, including those factors set forth in Risk Factors section of the company’s 2011 annual report on Form 10-K as well as the company’s first quarter and second quarter 2012 quarterly reports on Form 10-Q.

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 16,805.41 +127.51 0.76%
S&P 500 1,964.58 +13.76 0.71%
NASDAQ 4,483.7150 +30.9230 0.69%

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