Ameren Corp (NYSE:AEE) Q2 2020 Earnings Conference Call - Final Transcript

Aug 07, 2020 • 10:00 am ET


Ameren Corp (NYSE:AEE) Q2 2020 Earnings Conference Call - Final Transcript


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Greetings, and welcome to the Ameren Corporation's Second Quarter 2020 Earnings Conference Call. [Operator Instructions]. As a reminder, this conference is being recorded. It is now my pleasure to introduce your host, Andrew Kirk, Director of Investor Relations for Ameren Corporation. Thank you, Mr. Kirk. You may begin.

Andrew Kirk

Thank you, and good morning. On the call with me today are Warner Baxter, our Chairman, President and Chief Executive Officer; and Michael Moehn, our Executive Vice President and Chief Financial Officer as well as other members of the Ameren management team joining remotely. Warner and Michael will discuss our earnings results and guidance as well as provide a business update. Then we will open the call for questions.

Before we begin, let me cover a few administrative details. This call contains time-sensitive data that's accurate only as of the date of today's live broadcast and redistribution of this broadcast is prohibited. To assist with our call this morning, we have posted a presentation on the homepage that will be referenced by our speakers. As noted on page two of the presentation, comments made during this conference call may contain statements that are commonly referred to as forward-looking statements. Such statements include those about about future expectations, beliefs, plans, strategies, objectives, events, conditions and financial performance.

We caution you that various factors could cause actual results to differ materially from those anticipated. For additional information concerning these factors, please read the forward-looking statements section in the news release we issued yesterday and the Forward-Looking Statements and Risk Factors section in the filings with the SEC. Lastly, all per share earnings amounts discussed during today's presentation, including earnings guidance, are presented on a diluted basis, unless otherwise noted. Now here's Warner, who will start on page four of the presentation.

Warner L. Baxter

Thanks, Andrew. Good morning, everyone, and thank you for joining us. Before I jump into our presentation, I'll start by saying that I hope you, your families and colleagues are safe and healthy during this challenging time. This morning, I will begin our presentation by providing a COVID-19 update and in particular, highlight the actions we have taken to support our customers, communities and coworkers. I will then touch on our second quarter results and 2020 earnings guidance, and finish with a discussion of several key elements of our strategy that we continue to execute very well, which will position us to continue delivering strong, long-term value for our customers and shareholders.

Turning now to slide four and COVID-19. Our strong commitment to the safety of our coworkers, customers and communities remains constant. So too is our strong focus on delivering safe, reliable and affordable electric and natural gas service during this unprecedented time. We recognize that millions of customers in Missouri and Illinois are depending on us. I can't express enough appreciation to my coworkers who have shown great agility, innovation, determination and a keen focus on safety and delivering on our mission to power the quality of life. While we are