Praxair Management Discusses Q1 2012 Results - Earnings Call Transcript

Praxair (PX)

Q1 2012 Earnings Call

April 25, 2012 11:00 am ET

Executives

Kelcey E. Hoyt - Director of Investor Relations

James S. Sawyer - Chief Financial Officer and Executive Vice President

Analysts

Steven Schwartz - First Analysis Securities Corporation, Research Division

Edward H. Yang - Oppenheimer & Co. Inc., Research Division

P.J. Juvekar - Citigroup Inc, Research Division

Abhiram Rajendran - Crédit Suisse AG, Research Division

Donald Carson - Susquehanna Financial Group, LLLP, Research Division

Michael J. Sison - KeyBanc Capital Markets Inc., Research Division

Laurence Alexander - Jefferies & Company, Inc., Research Division

Jeffrey J. Zekauskas - JP Morgan Chase & Co, Research Division

Unknown Analyst

James Sheehan - Deutsche Bank AG, Research Division

Brian Maguire - Goldman Sachs Group Inc., Research Division

Kevin W. McCarthy - BofA Merrill Lynch, Research Division

Duffy Fischer - Barclays Capital, Research Division

David J. Manthey - Robert W. Baird & Co. Incorporated, Research Division

Vincent Andrews - Morgan Stanley, Research Division

Presentation

Operator

Good day, ladies and gentlemen, and welcome to the First Quarter 2012 Praxair Earnings Conference Call. My name is Jeff, and I'll be your coordinator for today. [Operator Instructions] As a reminder, this conference is being recorded for replay purposes. I would now like to turn the conference over to your host for today, Ms. Kelcey Hoyt, Director of Investor Relations. Please proceed, ma'am.

Kelcey E. Hoyt

Thanks, Jeff. Good morning and thank you for attending our First Quarter Earnings call and webcast. I'm joined this morning by Jim Sawyer, Executive Vice President and Chief Financial Officer; and Liz Hirsch, our Vice President and Controller.

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