This Day On The Street
Continue to site
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

QR Energy At Barclays Energy/Power Conference (Transcript)

QR Energy (QRE)

Barclays Energy/Power Conference

September 04, 2012 03:45 PM ET

Executives

Alan Smith - CEO



Analysts

Presentation

It’s a pleasure to welcome to our conference for the first time this year QR Energy. With us from the company to do the presentation is Alan Smith, QR's CEO. And I'll turn it over to Alan.

Alan Smith



Well thanks Jeff and thanks to Barclays for putting on another great energy and power conference. I was going to start off by saying we're not another drilling story you're going to hear about this week but based on the number of people in the room, maybe we should be. But it really is a different story. It’s a story about being able to go out and acquire long life, low decline assets and actually turn that into predictable distributable cash flow. So that's really what we're all about. I think we've been pretty busy since we IPOed a couple of years ago, most of you probably know the story. We have done accretive acquisitions. We've executed pretty well. And so I think we're off to a pretty good start.

If you look at our core objectives. Firstly, we desire to deliver superior operating and financial performance. It's our belief that this doesn’t happen as most of this happens or being able to execute well, having an accountability culture and actually going out and creating value within the asset base. I think our year-to-date results speak for themselves. We have met or exceeded our guidance and have had good financial performance to date.

1 of 3

Check Out Our Best Services for Investors

Action Alerts PLUS

Portfolio Manager Jim Cramer and Director of Research Jack Mohr reveal their investment tactics while giving advanced notice before every trade.

Product Features:
  • $2.5+ million portfolio
  • Large-cap and dividend focus
  • Intraday trade alerts from Cramer
Quant Ratings

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
Stocks Under $10

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

Product Features:
  • Model portfolio
  • Stocks trading below $10
  • Intraday trade alerts
14-Days Free
Only $9.95
14-Days Free
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!
SYM TRADE IT LAST %CHG

Markets

DOW 17,826.30 -279.47 -1.54%
S&P 500 2,081.18 -23.81 -1.13%
NASDAQ 4,931.8150 -75.9760 -1.52%

Partners Compare Online Brokers

Free Reports

Top Rated Stocks Top Rated Funds Top Rated ETFs