Xcel Energy's CEO Discusses Q1 2012 Results - Earnings Call Transcript

Xcel Energy Inc. (XEL)

Q1 2012 Earnings Call

April 26, 2012 11:00 am ET

Executives

Benjamin G.S. Fowke III – Chairman of the Board, President, Chief Executive Officer

Teresa S. Madden – Chief Financial Officer, Senior Vice President

Scott M. Wilensky – Senior Vice President, General Counsel

David M. Sparby – Senior Vice President; Group President of Xcel Energy Services Inc.

George E. Tyson II – Vice President, Treasurer

Analysts

Travis Miller – Morningstar

Ali Agha – SunTrust Robinson Humphrey

Anthony Crudel – Jefferies

Dan Jenkins – State of Wisconsin Investment Board

Timothy Yee – KeyBanc Capital Markets

Presentation

Operator

Ladies and gentlemen, thank you for standing by. Welcome to the Xcel Energy First Quarter 2012 Earnings Conference Call. During today’s presentation all parties will be in a listen-only mode. Following the presentation the conference will be open for questions. (Operator Instructions) This conference is being recorded today, April 26, 2012. I will now like to turn the call over to Paul Johnson, Vice President of Investor Relations and Financial Management. Please go ahead.

Paul Johnson

Thank you, and welcome to Xcel Energy’s First Quarter 2012 earnings release conference call. With me today are Ben Fowke, Chairman, President and Chief Executive Officer; Teresa Madden, Senior Vice President and Chief Financial Officer; Dave Sparby, Senior Vice President and Group President; Scott Wilensky, Senior Vice President and General Counsel; and George Tyson, Vice President and Treasurer.

This morning we’ll provide you with an update on recent business development, discuss first quarter results, review our 2012 earnings guidance, highlight our strong corporate governance and take your questions.

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