Teekay Tankers Management Discusses Q2 2012 Results - Earnings Call Transcript

Teekay Tankers (TNK)

Q2 2012 Earnings Call

August 09, 2012 1:00 pm ET

Executives

Kent Alekson

Bruce Chan - Chief Executive Officer and President

Vincent Lok - Chief Financial Officer and Principal Accounting Officer

Analysts

Michael Webber - Wells Fargo Securities, LLC, Research Division

Jonathan B. Chappell - Evercore Partners Inc., Research Division

Joshua Katzeff - Deutsche Bank AG, Research Division

Christopher Snyder

Ken Hoexter - BofA Merrill Lynch, Research Division

Presentation

Operator

Welcome to Teekay Tankers Limited Second Quarter 2012 Earnings Results Conference Call. [Operator Instructions] As a reminder, this call is being recorded. Now, for opening remarks and introductions, I would like to turn the call over to Mr. Bruce Chan, Teekay Tankers Limited's Chief Executive Officer. Please go ahead, sir.

Kent Alekson

Before Mr. Chan begins, I would like to direct all participants to our website at www.teekaytankers.com, where you'll find a copy of the second quarter of 2012 earnings presentation. Mr. Chan will review this presentation during today's conference call.

Please allow me to remind you that our discussion today contains forward-looking statements. Actual results may differ materially from results projected by those forward-looking statements. Additional information concerning factors that could cause actual results to materially differ from those in the forward-looking statements is contained in the second quarter of 2012 earnings release and earnings presentation available on our website.

I will now turn the call over to Mr. Chan to begin.

Bruce Chan

Thanks, Kent. Hello, everyone, and thank you very much for joining us. With me here in Vancouver is Vince Lok, Teekay Tankers' Chief Financial Officer; and Peter Evensen, Teekay Corporation's CEO.

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