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Pembina Pipeline's CEO Discusses Q2 2012 Results - Earnings Call Transcript

Pembina Pipeline Corporation (PBA)

Q2 2012 Earnings Call

August 10, 2012 11:00 am ET


Bob Michaleski - CEO

Peter Robertson - VP, Finance and CFO

Glenys Hermanutz - VP, Corporate Affairs

Bob Lock - VP, NGL Business

Scott Burrows - Senior Manager, Corporate Development and Planning


Linda Ezergailis - TD Securities

Robert Kwan - RBC Capital Markets

Juan Plessis - Canaccord Genuity

David Noseworthy - CIBC

Carl Kirst - BMO Capital

Matthew Akman - Scotia Bank

Robert Catellier - Macquarie

Steven Paget - FirstEnergy



Good morning everyone. My name is Sarah and I will be your conference operator today. At this time I would like to welcome you all to the Pembina Pipeline Corporation 2012 second quarter results conference call. (Operator Instructions) Thank you. I would now like to turn the call over to our host, Mr. Bob Michaleski, Chief Executive Officer. You may begin your conference.

Bob Michaleski

Thank you Sarah and good morning everyone. And welcome to Pembina’s conference call and webcast to review our second quarter 2012 results. I'm Bob Michaleski, Pembina’s Chief Executive Officer. Joining me on the call today are Peter Robertson, Pembina’s Vice President of Finance, Chief Financial Officer, Glenys Hermanutz, our Vice President of Corporate Affairs, Bob Lock our Vice President of our NGL business and Scott Burrows, our Senior Manager of Corporate Development and Planning.

As usual I'll review the quarterly results we released yesterday and spend a few minutes providing an update on recent developments including our acquisition of Provident Energy and then we will open the line for questions. I'll start with a reminder that some of the comments made today maybe forward-looking in nature and are based on Pembina’s current expectations, estimates, projections, risks and assumptions and I must also point out that some of the information I provide refers to non-GAAP measures.

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