Range Resources (RRC) Q1 2012 Earnings Call April 26, 2012 1:00 pm ET Executives Rodney L. Waller - Senior Vice President and Assistant Secretary Jeffrey L. Ventura - Chief Executive Officer, President and Director Ray N. Walker - Chief Operating Officer and Senior Vice President Roger S. Manny - Chief Financial Officer and Executive Vice President Analysts Pearce W. Hammond - Simmons & Company International, Research Division Brian Singer - Goldman Sachs Group Inc., Research Division Ronald E. Mills - Johnson Rice & Company, L.L.C., Research Division Leo P. Mariani - RBC Capital Markets, LLC, Research Division Joseph Patrick Magner - Macquarie Research Dan McSpirit - BMO Capital Markets U.S. Neal Dingmann - SunTrust Robinson Humphrey, Inc., Research Division Marshall H. Carver - Capital One Southcoast, Inc., Research Division Michael Scialla - Stifel, Nicolaus & Co., Inc., Research Division PresentationOperator
Welcome to the Range Resources First Quarter 2012 Earnings Conference Call. This call is being recorded. [Operator Instructions] Statements contained in this conference call that are not historical facts are statements forward-looking. Such statements are subject to risks and uncertainties which could cause actual results to differ materially from those in the forward-looking statements. [Operator Instructions] At this time, I'd like to turn the call over to Mr. Rodney Waller, Senior Vice President of Range Resources. Please go ahead, sir. Rodney L. Waller Thank you, operator. Good morning, and welcome. Range reported outstanding results for the first quarter with a continued increase in production and a decrease in unit cost. Both earnings and cash flow per share results were greater than First Call consensus.