MDU Resources Group's CEOs Discuss 1Q 2012 Results - Earnings Call Transcript

Call start: 11:00

Call End: 12:00

MDU Resources Group, Inc. (MDU)

1Q 2012 Earnings Call

May 1, 2012 11:00 a.m. ET


Doran N. Schwartz – Vice President and Chief Financial Officer

Terry D. Hildestad  – President and Chief Executive Officer

Steven L. Bietz  – President and Chief Executive Officer,WBI Holdings

Dave Goodin  – President and Chief Executive Officer, Montana-Dakota Utilities, Great Plains Natural Gas, Cascade Natural Gas and Intermountain Gas

John Harp  – Chief Executive Officer, MDU Construction Services Group and Knife River Corporation

J. Kent Wells  – President and Chief Executive Officer, Fidelity Exploration and Production

Nicole Kivisto  – Vice President, Controller and Chief Accounting Officer, MDU Resources


Paul Patterson – Glenrock Associates

Paul Ridzon – KeyBanc

Timm Schneider – Citigroup

Sam Arnold – Brookfield Investment Management

John Hanson – Presidus [sp]



Good morning. My name is Regina and I will be your conference facilitator. At this time I would like to welcome everyone to the MDU Resources Group’s First Quarter 2012, Conference Call.

All lines have been placed on mute to prevent any background noise. After the speakers' remarks, there will be a Question-and-Answer period. (Operator instructions) This call will be available for replay beginning at 2:00 p.m. Eastern time today through 11:59 p.m. Eastern time on May 15th.

The conference I.D. number for the replay is 66804286. Again, the conference I.D. number for the replay is 66804286. The number to dial for the replay is 1-855-859-2056 or 404-537-3406.

I would now like to the conference over to Doran Schwartz, Vice President and Chief Financial Officer of MDU Resources Group. Thank you Mr. Schwartz, you may begin your conference.

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