NRG Energy Inc NRG
Q1 2010 Earnings Call Transcript

Transcript Call Date 05/10/2010

Operator: Good day, ladies and gentlemen, and welcome to the NRG Energy First Quarter 2010 Earnings Conference Call. My name is Shenelle and I’ll be your coordinator for today. At this time, all participants are in listen-only mode. We will be facilitating a question-and-answer session towards the end of this conference. (Operator Instructions).

I would now like to turn the presentation over to your host for today's call, Ms. Nahla Azmy. Please proceed.

Nahla Azmy - SVP, IR: Thank you, Shenelle. Good morning and welcome to our first quarter 2010 earnings call. This call is being broadcast live over the phone and from our website at You can access the call, presentation and press release through a link on the Investor Relations page of our website. A replay of the call will also be available on our website.

This call, including the formal presentation and question-and-answer session, will be limited to one hour. In the interest of time, we ask that you please limit yourself to one question with just one follow-up.

Now, for the obligatory Safe Harbor statement, during the course of this morning's presentation, management will reiterate forward-looking statements made in today's press release regarding future events and financial performance. These forward-looking statements are subject to material risks and uncertainties that could cause actual results to differ materially from those in the forward-looking statements. We caution you to consider the important risk factors contained in our press release and other filings with the SEC that could cause actual results to differ materially from those in the forward-looking statements, in this press release and this conference call.

In addition, please note that the date of this conference call is May 10, 2010 and any forward-looking statements that we make today are based on assumptions that we believe to be reasonable as of this date. We undertake no obligation to update these statements as a result of future events, except as required by law.

During this morning's call, we will refer to both GAAP and non-GAAP financial measures of the Company's operating and financial results. For complete information regarding our non-GAAP financial information to most directly comparable GAAP measures and a quantitative reconciliation of those figures, please refer to today's press release and this presentation.

Now with that, I’m pleased to turn the call over to David Crane, NRG's President and Chief Executive Officer.

David Crane - President and CEO: Well, thank you, Nahla, and let me add my welcome to everyone. Good morning. Welcome to our first quarter 2010. While I am speaking to you from Tokyo, joining me in Princeton and speaking on this call are John Ragan, our Chief Operating Officer; Gerry Luterman and Chris Schade, our outgoing and incoming Chief Financial Officers. Also with us in Princeton and available to answer to any specific questions you might ask on the call are Mauricio Gutierrez, who runs our commercial operations business, and Jason Few, who is responsible for our retail business.

Read our Earnings Call Transcript disclaimer.
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