QR Energy's CEO Discusses Q2 2012 Results - Earnings Call Transcript

QR Energy, LP (QRE)

Q2 2012 Earnings Call

August 9, 2012 11:00 AM ET


Taylor Miele – IR Manager

Alan Smith – CEO

John Campbell – President and COO

Cedric Burgher – CFO


Kevin Smith – Raymond James

John Ragozzino – RBC Capital Markets

Michael Peterson – MLV & Company

Ethan Bellamy – Baird

Elliot Miller – Private Investor



Welcome to the QR Energy Second Quarter 2012 Results and Outlook Conference Call. My name is Christi and I will be your operator for the call. On the line, we have Chief Executive Officer, Alan Smith; President and Chief Operating Officer, John Campbell; Chief Financial Officer, Cedric Burgher; and Investor Relations Manager, Taylor Miele.

At this time, all lines have been placed on mute to prevent any background noise. After the speakers’ remarks, there will be a question-and-answer session. (Operator Instructions) Thank you.

I will now turn the call over to Taylor Miele.

Taylor Miele

Thank you, Christi, and good morning, everyone. Welcome to QR Energy’s second quarter 2012 earnings call. We issued a press release this morning containing the results and guidance that will be discussed on the call today. I would like to remind all listeners that we will use forward-looking statements as defined by securities laws. These statements reflect our current views with regard to future events and are subject to various risks, uncertainties and assumptions. Our results may differ materially from those conveyed in our forward-looking statements.

For a more complete list of these risk factors, please read QR Energy’s 10-Q which we filed with the Securities and Exchange Commission this morning. It is available on our website at qrenergylp.com on the Investor Relations tab or on the Securities and Exchange Commission website at sec.gov.

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