CARBO Ceramics' CEO Discusses Q1 2012 Results - Earnings Call Transcript

CARBO Ceramics Inc. (CRR)

Q1 2012 Earnings Call

April 26, 2012 11:00 am ET

Executives

Gary Kolstad – President, Chief Executive Officer

Ernesto Bautista, III – Vice President, Chief Financial Officer

Analysts

Brian A. Uhlmer – Global Hunter Securities LLC

James West – Barclays Capital

Jeff Tillery – Tudor Pickering Holt & Co. Securities, Inc.

Doug Garber – Dahlman Rose & Co. LLC

Blake Hutchinson – Howard Weil, Inc.

John Daniel – Simmons & Co.

John Keller – Stephens Inc.

Presentation

Operator

Hello, and welcome to today’s CARBO Ceramics Inc. First Quarter 2012 Earnings Conference Call. At this time, all participants are in listen-only mode. After management’s remarks, we will conduct a question-and-answer session and instructions will follow at that time.

Please be advised, this call is being recorded today, April 26, 2012, and your participation implies consent to our recording of this conference. If you do not agree to these terms simply disconnect.

I would like to remind all participants that during the course of this conference call, the company will make statements that provide information other than historical information and will include projections concerning the company’s future prospects, revenues, expenses or profits.

These statements are considered forward-looking statements under the Safe Harbor provision of the Private Securities Litigation Reform Act of 1995, and are subject to risks and uncertainties that could cause actual results to differ materially from these projections. These statements reflect the company’s beliefs based on current conditions, but are subject to certain risks and uncertainties that are detailed in the company’s press release and public filings.

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