Pepco Holdings, Inc. Q3 2009 Earnings Call Transcript

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2009-10-30 13:25:15.0

Tags: Gentleman, Call Transcript, Pepco Holdings Inc., Earnings, Financial Accounting, Finance, Seeking Alpha

Earnings Call Excerpt

Pepco Holdings, Inc. (POM)

Q3 2009 Earnings Call Transcript

October 30, 2009 11:00 am ET

Executives

Brian Shivery -- Manager, IR

Joe Rigby -- Chairman, President and CEO, Pepco Holdings, Inc.

Tony Kamerick -- SVP and CFO, Pepco Holdings, Inc.

John Huffman -- President and CEO, Pepco Energy Services

Gary Morsches -- President and CEO, Conectiv Energy

Dave Velazquez -- EVP, Pepco Holdings, Inc.

Analysts

Daniel Eggers -- Credit Suisse

Carrie Saint Louis -- Fidelity Investments

Paul Ridzon -- Keybanc Capital Markets

Reza Hatefi -- Decade Capital

James Dobson -- Wunderlich Securities

Neil Kalton -- Wells Fargo Securities

Maurice May -- Power Insights

Presentation

Operator

Good day, ladies and gentlemen and welcome to the third quarter 2009 Pepco Holdings, Inc. earnings conference call. My name is Eric. I will be your audio coordinator for today. At this time, all participants are in a listen-only mode. We’ll facilitate the question-and-answer session at the end of the presentation. (Operator instructions)

I would now like to turn your presentation over to Mr. Brian Shivery, Manager, Investor Relations. Please proceed.

Brian Shivery

Thank you, operator, and good morning, ladies and gentlemen; and welcome to the Pepco Holdings third quarter 2009 earnings conference call. I am filling in for Donna Kinzel today. Primary speakers on today’s call are Joe Rigby, Chairman, President and Chief Executive Officer; and Tony Kamerick, Senior Vice President and Chief Financial Officer.

Also available to answer your questions are Dave Velazquez, Executive Vice President, Power Delivery; Gary Morsches, President and Chief Executive Officer of Conectiv Energy; and John Huffman, President and Chief Executive Officer of Pepco Energy Services.

Before Joe begins, let me remind you that some of the comments made during today’s conference call maybe considered forward-looking statements. As such, they should be taken in the context of the risks and uncertainties discussed in the Safe Harbor disclosures contained in our Securities and Exchange Commission filings.

Also please note that today’s call will include a discussion of our results, excluding certain items that we feel are not representative of the company’s ongoing business operations. These special items and their financial impact are described in our earnings release dated October 29, 2009. The earnings release can be found at www.pepcoholdings.com/investors. Joe?

Joe Rigby

Thanks, Brian and good morning, ladies and gentlemen. I appreciate your participation on our call today, and I look forward to speaking with many of you in person at the EEI Financial Conference Service this coming weekend.

 

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