Earnings Call Excerpt
Noble Corp. (NE)
Q2 FY08 Earnings Call
July 24, 2008, 02:00 PM ET
Executives
Lee Ahlstrom - VP of IR & Planning
Thomas L. Mitchell - Sr. VP and CFO
Kurt Hoffman - VP of Worldwide Marketing
David W. Williams - Chairman of the Board, CEO and President
Analysts
Dan Pickering - Tudor, Pickering, Holt
Robin Shoemaker - Citigroup
Kurt Hallead - Royal Bank of Canada
Arun Jayaram - Credit Suisse
Jeff Spittel - Natixis Bleichroeder
David Smith - JPMorgan
Daniel Boyd - Goldman Sachs
Pierre Conner - Capita One South
Alan Laws - Merrill Lynch
Judd Bailey - Jefferies & Co.
Rob MacKenzie - FBR
Geoff Kieburtz - Weeden & Co.
Presentation
Operator
Welcome to the Noble Corporation's second quarter 2008 earnings conference call. During the presentation, all participants will be in a listen-only mode. Afterwards, we will conduct a question-and-answer session. [Operator Instructions]. As a reminder, this conference is being recorded Thursday, July 24, 2008.
I would like to turn the conference over to Mr. Lee Ahlstrom, Vice President of Investor Relations & Planning. Please go ahead, sir.
Lee Ahlstrom - Vice President of Investor Relations & Planning
Thank you, Ashley. Good afternoon, everyone. Before we begin our prepared remarks, I would like to remind everyone that any statements we make today about our plans, expectations, estimates, predictions or similar expressions for the future are forward-looking statements and are subject to risks and uncertainties.
Our filings with the U.S. Securities and Exchange Commission which are posted on our website discuss the risks and uncertainties in our business and industry and the various factors that could keep outcomes of any forward-looking statements from being realized. Our actual results could differ materially from our expectations. We have included detailed balance sheets and income and cash flow statements along with our earnings news release that was posted last night.
Also when we open up for questions, I will ask each of you to stick to one question with one follow-up. I am sure you all understand we have a large number of folks who would like an opportunity to have a question answered and we want to be fair to everyone.
With that, I will turn the call over to David Williams, our Chairman, President and Chief Executive Officer.
David W. Williams - Chairman of the Board, Chief Executive Officer and President
Thank you, Lee. Good afternoon and welcome to our second quarter call. We appreciate you being here with us today. I'm going to make a few opening remarks and then Tom Mitchell, our CFO, will discuss the quarterly results and combine that with some guidance. And then Kurt Hoffman, our VP of Worldwide Marketing will run through the markets. We will try to keep our remarks brief today so we have some more time for Q&A at the end.
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