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spk_2: Ladies and gentlemen, thank you for standing by and welcome to the Superior plus 20 22nd quarter results. Conference call at this time. All participants are now listen only mode. After the speaker presentation. There will be a question and answer session to ask a question. During the session, you will need to press star one on your telephone. If you require any further assistance, please press star zero. I would now like to handle conference over to your speaker. Mr rob Doeren, vice president of investor relations and treasurer. Please go ahead sir.
spk_1: Thank you Sherry. Good morning everyone and welcome to Superior Plus Conference call and Webcast. Review Our 20 22nd quarter results are speakers on the call. Today will be luke Desjardin President and Ceo and Best Summers Executive VP and CFO. Darren Rebar Senior VP and chief legal Officer will also be available to answer any questions during the question and answer period of today's call. Today's call is being webcast and we encourage listeners to follow along with the supporting presentation, which is also available on our website For this morning's call luke and beth will begin with their prepared remarks and then we will open up the call for questions before I turn to call the luke. I'd like to remind you that some of the comments made today may be forward looking in nature and are based on superiors current expectations, estimates, judgments, projections and risk Further. Some of the information provided refers to non gap measures. Please refer to Superior second quarter M. D. N. A. Posted on radar and superiors website yesterday for further details on forward looking information and non gap measures. I would encourage listeners to review the M D N. A as it includes more detail on the financial information for the second quarter as we won't be going over each financial metrics on today's call. This will allow us to move more quickly into the question in after period. I'll now turn the call over to luke.
spk_0: Well, thank you around and good morning everyone. Thank you for joining the call overall. We deliver good results in the second quarter considering the challenges who were facing related to reduce the economy activity, reduced activity in the oil field and challenging other classic asset markets and specialty chemical. Our second quarter, just 11, was $67.3 million million, or 13 higher than the prior year. Quarter early due to an increase and $7 from operation and nor corporate cost. I'm proud of the fact that are dedicated workforce. Over 4000 employees have been able to maintain safe and reliable operations. During this challenging time, we continue to deliver critical energy, official T chemical products to our customers and safely service the community in which we all free the resilience demonstrate by our team members from every level of the organization gives me confident. We will continue to execute our strategy and maintain our commitment to safety and continuous improvement to operational excellence. But superior books, we have continuing our modified business practices with the health and safety of employees are customary local communities as our first priority as their main distribution and specialty chemicals. Businesses are considered essential and critical services and infrastructure and all the provinces, territories and state in which we operate in the U. S. Canada and chile. We have continued to service our customers that have been classified as essential In response to the anticipated impact of COVID-19 and that's part of our ongoing cost saving initiative. We took immediate action to protect our business and financial strength and the airport of position superior to emerge from this situation even stronger In 2020, we have reduced our plant difficult expenditure By about 30 million and reduce their expected operational expands by 30 million. Even though we continue to look into all those cars. So war is coming. I'm going to tell you. We're on plan for the cost reduction in capital expenditures reduction as of the second quarter Consistent with our first quarter of date, we expect to finish 20 of the lower end of our biggest lead communicated adjusted in the range of 475-515 million coming due to the impact of the warm winter, the eastern region, U. S. And Canada, as well as the anticipated impact from Covid 19 and the low price of world reduced drilling activity impacting the western Canadian economy. Although we have an excellent second quarter due to strong propane distribution margin contradiction and told their whether they go May, we still anticipate they will be modest negative impact on our business due to the economy recession related to call it 19.
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