the fuel surcharges are going to disappear or be re-set at lower levels because west texas oil is so low....this trend will last until at least 2017..........
I saw a long ethanol train in Rhode Island being pulled by 2 NSC engines and a CP locomotive. The CP engine was at the head of the line. The trains were on track owned by PWX
Yahoo is really going down the drain. They don't re-fresh they news stories and run BS stories like the "tiny woman discovered on Mars" for a week. Then to top it off half the stories that appear on Yahoo's home page are actually advertisements meant to look like news. With a business plan like this Yahoo deserves all the bad things that come to it.....
At June 30, 2015, total debt outstanding was $13.08 billion, compared with $12.70 billion at September 30, 2014. The Company’s cash balances were $421 million at June 30, 2015, a decrease from $1.0 billion at September 30, 2014.
there is light at end of tunnel. NSC doing good job with traffic portfolio offsetting coal's demise. I forgot NSC owns 60% of Conrail.
Presentation Slide 25
cash flow 1.473B v 1.437
capex 886 v. 809
free cash flow 587 v. 628
Good news not baked into NSC's share price. Canal expansion project will result in surge in intermodal traffic on east coast....Norfolk deep water best suited to larger ships
NEW YORK (Bloomberg) -- After four years of record supply, natural gas output is showing signs of weakness as producers pull back amid tumbling oil prices. Gas production from the seven largest shale basins will fall 0.6% to 45.1 Bcfd in August from a month earlier, the biggest drop since March 2014, the U.S. Energy Information Administration (EIA) said Monday in its monthly Drilling Productivity report. EIA estimates have shown supply declines since June. The government’s forecasts signal that the 51% collapse in crude oil prices since June 20, 2014, is reverberating in the natural gas market. As drillers shut wells in liquids-rich deposits from North Dakota to Texas, they’re also curtailing gas output from those reservoirs. That may prevent further price declines for gas, which has slid 37% since oil’s plunge. “Gas is being held captive by oil,” Aaron Calder, senior market analyst at Gelber & Associates in Houston, said by phone Monday. “Natural gas prices were artificially kept low by high oil prices.”
Natural gas for August delivery rose 9.4 cents, or 3.4%, to $2.864 per million British thermal units Monday