|Bid||215.79 x 800|
|Ask||218.68 x 800|
|Day's Range||212.42 - 217.41|
|52 Week Range||167.48 - 247.52|
|Beta (3Y Monthly)||1.13|
|PE Ratio (TTM)||17.29|
|Forward Dividend & Yield||2.51 (1.16%)|
|1y Target Est||244.46|
The extra crude-by-rail contracts would be on top of monthly production limits set by the government. The Alberta government has been limited in how much monthly crude production output in 2019 as a way to keep production levels on part with export capacity.
We can judge whether Canadian Pacific Railway Limited (NYSE:CP) is a good investment right now by following the lead of some of the best investors in the world and piggybacking their ideas. There's no better way to get these firms' immense resources and analytical capabilities working for us than to follow their lead into their […]
The Zacks Analyst Blog Highlights: Norfolk Southern, Union Pacific, CSX and Canadian Pacific Railway
Factors like improvement in operating ratio and initiatives to reward its shareholders are supporting growth at Norfolk Southern (NSC), despite headwinds like sluggish volumes.
While extremely cold temperatures are usually a factor that Canadian National (NYSE: CNI) considers when drafting its operational plan for winters, in the 2019-2020 winter season the railway also had to grapple with forecasting volumes amid various trade uncertainties. "Because it is difficult to predict climate or customer demand, CNI is preparing for extreme conditions as well as a shifting and unpredictable global trade environment for our customers," CNI chief executive officer Jean-Jacques Ruest stated in the introduction to his company's winter plan for the 2019-2020 season.
It is not uncommon to see companies perform well in the years after insiders buy shares. The flip side of that is that...
CNI's Houle said that recent volumes are "much weaker than expected," down 1 percent year-over-year, but still favorable compared to the U.S. rails, which are down 6 to 8 percent. Houle said that "we're at the end of an expansion cycle," stopping short of calling it the precipice of a recession.
CP's Executive Vice-President and Chief Marketing Officer to address the CIBC 18th Annual Eastern Institutional Investor Conference on Sept. 25, 2019
PASQUA, SK, Sept. 18, 2019 /PRNewswire/ - Canadian Pacific (CP) (CP) today presented G3 Pasqua with the 2018-2019 crop-year Elevator of the Year award. CP presents this award annually to the grain elevator that achieves high volumes from a single loading point while consistently demonstrating efficient railcar loading and a strong commitment to safety. "CP is proud to recognize G3 Pasqua with Elevator of the Year for the 2018-2019 crop year," said Joan Hardy, CP Vice-President Sales and Marketing Grain and Fertilizers.
Cost-cutting is boosting profits for North American railroads, but declining freight volumes and increasing competition from truckers may pull the brakes on growth.
Canadian National (NYSE: CNI ) and Canadian Pacific (NYSE: CP ), as well as the Canadian government, are investing millions of dollars in infrastructure improvements to support anticipated volume growth ...
"It's tough to know how things will shake," said Greg Northey, vice president of corporate affairs for Pulse Canada, a trade group representing producers and traders of dry beans, chickpeas and lentils. For now, the railways are anticipating high grain volumes this year, in line with volume highs from the previous year. In the 2019-20 crop year, which began Aug. 1 and runs through July 31 in Canada, wheat production is expected to rise to 33.3 million metric tonnes (mmt), compared with 31.8 million in 2018-19, according to the U.S. Department of Agriculture's latest monthly grain supply and demand report.
With favorable market conditions in Canada, both Canadian Pacific (CP) and Canadian National (CNI) are on a solid footing for near-term growth.
CP's President and CEO to address the Morgan Stanley 7th Annual Laguna Conference on Sept. 11, 2019
AURORA, ON , Aug. 25, 2019 /CNW/ - Canadian Pacific (CP) is proud to announce this year's CP Women's Open, hosted at Magna Golf Club, has delivered the largest donation in the history of Canada's women's open championship. Earlier today, a $2.2 million cheque was presented to SickKids Foundation. The total contribution to SickKids is the result of several fundraising efforts, all under the CP Has Heart program.
Canadian Pacific (CP) has been upgraded to a Zacks Rank 2 (Buy), reflecting growing optimism about the company's earnings prospects. This might drive the stock higher in the near term.