Occidental Petroleum (OXY) Q1 2012 Earnings Call April 26, 2012 11:30 am ET Executives Christopher G. Stavros - Vice President of Investor Relations James M. Lienert - Chief Financial Officer and Executive Vice President Stephen I. Chazen - Chief Executive Officer, President and Director Edward Arthur Lowe - Vice President and President of Oxy Oil and Gas -International Production William E. Albrecht - President Analysts Douglas George Blyth Leggate - BofA Merrill Lynch, Research Division Paul Sankey - Deutsche Bank AG, Research Division Jessica Chipman - Tudor, Pickering, Holt & Co. Securities, Inc., Research Division Douglas Terreson - ISI Group Inc., Research Division Leo P. Mariani - RBC Capital Markets, LLC, Research Division Jason Gammel - Macquarie Research Sven Del Pozzo - IHS Herold, Inc Edward Westlake - Crédit Suisse AG, Research Division PresentationOperator
Good morning. My name is Christie, and I'll be your conference operator today. At this time, I would like to welcome everyone to Occidental Petroleum's First Quarter 2012 Earnings Release Conference Call. [Operator Instructions] Mr. Stavros, you may begin your conference. Christopher G. Stavros Thank you, Christie, and good morning, everyone, and welcome to Occidental Petroleum's First Quarter 2012 Earnings Conference Call. Joining us on the call first morning from Los Angeles are Steve Chazen, OXY's President and Chief Executive Officer; Jim Lienert, OXY's chief Financial Officer; Bill Albrecht, President of OXY's Oil and Gas operations in the Americas; Sandy Lowe, President of our International Oil and Gas Operations; and OXY's Executive Chairman, Dr. Ray Irani, is also joining us on the call today.