ConocoPhillips' CEO Hosts Phillips 66 Analyst Update Conference Call (Transcript)

ConocoPhillips (COP)

Phillips 66 Analyst Update Conference Call

April 09, 2012 11:00 am ET

Executives

Clayton C. Reasor - Vice President of Investor Relations, Strategy & Corporate Affairs

Greg C. Garland - Chairman, Chief Executive Officer and President

Analysts

Douglas George Blyth Leggate - BofA Merrill Lynch, Research Division

Douglas Terreson - ISI Group Inc., Research Division

Paul Sankey - Deutsche Bank AG, Research Division

Edward Westlake - Crédit Suisse AG, Research Division

Faisel Khan - Citigroup Inc, Research Division

Paul Y. Cheng - Barclays Capital, Research Division

Chi Chow - Macquarie Research

Robert A. Kessler - Tudor, Pickering, Holt & Co. Securities, Inc., Research Division

Presentation

Operator

Welcome to the Phillips 66 Analyst Update Conference Call. My name is Kim, and I will be your operator for today's call. [Operator Instructions] Please note that this conference is being recorded. I will now turn the call over to Mr. Clayton Reasor, Vice President of Corporate and Investor Relations. Mr. Reasor, you may begin.

Clayton C. Reasor

Thank you, Kim. Good morning, and welcome to the Inaugural Phillips 66 Analyst Update. I'm here today with Greg Garland, designated CEO of Phillips 66, and we're looking forward to sharing our plans on creating value through profitable growth, enhancing returns and shareholder distributions.

The presentation material we'll be using today can be found on the ConocoPhillips' IR website, and transcripts of the call should be available later today or early tomorrow.

But before I turn the call over to Greg, I want to remind you that we'll be making forward-looking statements as part of the presentation and questions and answers. As you can see on the second slide, we point out that actual results may differ materially from expectations we share today, and the sources of these differences can be found in our Safe Harbor statement on this page, along with our filings with the SEC, including the recently filed Form 10.

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