|Bid||313.36 x 0|
|Ask||313.48 x 0|
|Day's Range||313.16 - 319.67|
|52 Week Range||228.35 - 323.71|
|Beta (3Y Monthly)||1.20|
|PE Ratio (TTM)||19.07|
|Earnings Date||Oct 16, 2019 - Oct 21, 2019|
|Forward Dividend & Yield||3.32 (1.03%)|
|1y Target Est||312.95|
Federal agency Transport Canada and Minister of Transport Marc Garneau have made a string of rail-related infrastructure funding announcements in recent weeks. The C$2 billion National Trade Corridors' Fund "is a useful program as traffic, both international and domestic is growing," said Bob Ballentyne, president of the Freight Management Association of Canada.
CALGARY, Aug. 7, 2019 /PRNewswire/ - As part of the next stage of its transformational journey, Canadian Pacific Railway Limited (CP) (CP) has announced organizational changes that will drive continued success. Robert Johnson, Executive Vice-President, Operations, is retiring at the end of September. Effective September 1, CP's new Executive Vice-President, Operations, is Mark Redd.
Canadian Pacific (NYSE: CP) reached an all-time record in shipping grain volumes in the 2018-2019 crop year, the company said on August 1. The railway hauled 26.8 million metric tonnes of grain and grain products in the crop year that ran from August 1, 2018 to July 31, 2019. Canadian Pacific also reached an all-time monthly record in April when it moved 2.6 million metric tonnes.
CALGARY , Aug. 1, 2019 /CNW/ - Canadian Pacific (CP) (CP) is proud to announce it moved more Canadian grain and grain products during the 2018-2019 crop year than any year in its history. The crop year, Aug. 1 to July 31 , saw 2.8 percent more Canadian grain and grain products shipped from the prior record in the 2017-2018 season and 3.9 percent more than the three-year average. In April 2019 , achieved an all-time record month for Canadian grain and grain products, moving 2.643 MMT.
Canadian Pacific Railway (NYSE: CP) has joined the Blockchain in Transport Alliance (BiTA). In joining the Alliance, CP is supporting BiTA's mission of producing blockchain standards that allow for interoperability between participants in the global supply chain. Blockchain is an open, extensible platform capable of sharing shipping events, messages and documents across all the actors and systems in the supply chain ecosystem.
CALGARY, July 31, 2019 /PRNewswire/ - Canadian Pacific (CP) (CP) has joined the Blockchain in Transport Alliance (BiTA). In joining the alliance, CP is supporting BiTA's mission of producing blockchain standards that allow for interoperability between participants in the global supply chain. Blockchain is an open, extensible platform capable of sharing shipping events, messages and documents across all the actors and systems in the supply chain ecosystem.
Revenue in the petroleum and chemicals segment, including crude-by-rail shipments, rose about 25% in the second quarter, while revenue in the grain and fertilizers unit rose 8.4%. CN's U.S.-listed shares were up 2.4% at $93.30 after the bell. Pipeline congestion has helped crude by rail shipments recover recently, despite narrower differentials between U.S. and Canadian crude after Alberta government's mandated crude production cuts.
Canadian National Railway Co beat analysts' estimates for quarterly adjusted profit on Tuesday, as the country's largest railroad operator shipped higher volumes of crude, refined petroleum products and grains. Revenue in the petroleum and chemicals segment, including crude-by-rail shipments, rose about 25% in the second quarter, while revenue in the grain and fertilizers unit rose 8.4%. CN's U.S.-listed shares were up 2.4% at $93.30 after the bell.
Today we'll look at Canadian Pacific Railway Limited (TSE:CP) and reflect on its potential as an investment. To be...
Year-to-date U.S. rail volumes fell for the week ending July 13, according to data from the Association of American Railroads. U.S. rail traffic totaled 14.45 million carloads and intermodal units year-to-date, a 3.3 percent decrease compared with the same period in 2018. Of this, U.S. carloads totaled 7.03 million carloads, down 3.1 percent, while U.S. intermodal containers and trailers totaled 7.42 million units, down 3.5 percent.
Union Pacific earnings topped views early Thursday after CSX earnings fell short and and Canadian Pacific Railway earnings beat on Tuesday.
CSX Corp.'s not-so-strong second-quarter earnings results are carrying its peers downward on Wednesday, but analysts advise this reaction is creating an opportune moment to be buying. Shares of the overall sector have slid in Wednesday's pre-market, producing moderate declines in Union Pacific , Kansas City Southern , Canadian Pacific Railway and Norfolk Southern due to CSX's disappointing results on Tuesday evening. Only Canadian National Railway has managed to keep its stock flat as the fears of macro pressures persist.
Canadian Pacific's (NYSE: CP) is willing to cut costs in the second half of 2019 should macroeconomic factors put pressure on demand for rail service, company executives said on July 16 during the railroad's second quarter earnings call. "We continue to watch the demand environment closely, and should the macro environment change, we'll continue to adapt our costs base quickly," said CP chief financial officer Nadeem Velani.
Canadian Pacific Railway (NYSE: CP ) on Tuesday reported second-quarter earnings of $4.30 per share, which beat the analyst consensus estimate of $3.20. This is a 74.8% increase over earnings of $2.46 ...
On Tuesday, Canadian Pacific Railway (CP) reported strong second-quarter earnings. The company's top and bottom lines touched a record mark.
Canadian Pacific's (NYSE: CP) second quarter net income rose 66 percent amid a 13 percent increase in company revenue, the railroad reported on July 15. CP's financials are reported in Canadian dollars, except for earnings per share. Second quarter net profit totaled C$724 million compared with C$436 million in the second quarter of 2018.