Earnings Call Excerpt
Intrepid Potash Inc. (IPI)
Q3 2008 Earnings Call
November 12, 2008 11.00 am ET
Executives
Dave Honeyfield - EVP, CFO and Treasurer
Bob Jornayvaz - Chairman and CEO
Pat Avery - President and COO
R.L. Moore - SVP of Marketing and Sales
Hugh Harvey - EVP of Technology
Analysts
Megan Davis - Morgan Stanley
Edlain Rodriguez - Goldman Sachs
Steve Byrne - Merrill Lynch
Mark Gulley - Soleil Securities
Mike Jadoo - Greenwich Consulting
Wayne Cooperman - Cobalt Capital
Presentation
Operator
At this time, I would like to welcome everyone to the third quarter 2008 Earnings Call. 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, Mr. Honeyfield, you may sir.
Dave Honeyfield
Thank you for joining us for our third quarter 2008 earnings conference call. I’d like to start by introducing today’s participants from the company.
We have with us, Bob Jornayvaz, the Chairman and Chief Executive Officer; Pat Avery, President and Chief Operating Officer; Hugh Harvey, Executive Vice President of Technology; R.L. Moore, Senior Vice President of Marketing and Sales;
myself Dave Honeyfield, Executive Vice President, Chief Financial Officer and Treasurer.
I would also like to remind everyone that statements made in this call which express beliefs, expectations or intentions, as well as those that are not historical facts are forward-looking statements within the meaning of the United States Securities Laws. A number of assumptions, which we believe are reasonable or made in connection with the expectations, reflected in such forward-looking statements. The forward-looking statements involve risks and uncertainties, which could cause actual results to differ from our expectations.
For material information with respect to these risks, uncertainties and factors, which could cause our actual results to differ from our forward-looking statements, we direct you to our news release issued last night and the risk factors described in our filings with the SEC. All forward-looking statements are qualified in their entirety by such factors.
The news release which is posted on our Web site includes a reconciliation of certain non-GAAP financial measures to the most directly comparable GAAP measures. All reference to tons are short tons of 2000 pounds.
I will now turn the call over to Bob Jornayvaz.
Bob Jornayvaz
Thanks Dave, and thanks to all those who had taken time this morning to learn more about Intrepid’s third quarter results.
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