ADVFN - Advanced Financial Network.
HOME» NYSE » U » UNP Stock Price » UNP Stock News

Union Pacific Share News

 Union Pacific Corp Stock Price
UNP Stock Price
 Union Pacific Corp Stock Chart
UNP Stock Chart
 Union Pacific Corp Stock News
UNP Stock News
 Union Pacific Corp Company Information
UNP Company Information
 Union Pacific Corp Stock Trades
UNP Stock Trades

Union Pacific 1Q Net Jumps 35% On Strong Industrial, Chemicals Volume

DOW JONES NEWSWIRES Union Pacific Corp.'s (UNP) first-quarter earnings rose 35% as the railroad booked better-than-expected revenue with help from its growing industrial and chemical businesses. The largest U.S. public railroad by market capitalization once more saw results benefit from booming demand for hauling materials to and from new shale-oil drilling sites. Union Pacific transports steel, sand and pipe to drilling sites where oil and gas are extracted from shale rock, and then hauls out resulting crude oil. The trend helped boost first-quarter volumes in Union Pacific's chemicals and industrial products businesses, which posted an 8% and 10% year-over-year jump in volume, respectively. Overall volume was up 1%. Chief Executive Jack Koraleski noted Thursday that softer coal demand remains a challenge for the company. Union Pacific reported a profit of $863 million, or $1.79 a share, compared with a year-earlier profit of $639 million, or $1.29 a share. Revenue rose 14% to $5.11 billion. Analysts expected earnings of $1.63 a share on revenue of $4.98 billion, according to a poll conducted by Thomson Reuters. The quarter's gains came despite continued high fuel costs faced by the railroad. Union Pacific said its average fuel costs jumped 12% from a year ago in the first quarter. Shares were up 1.2% to $111 in premarket trade. The stock is up 3.5% since the start of the year. -By Mia Lamar, Dow Jones Newswires; 212-416-3207;

Stock News for Union Pacific (UNP)
11/24/201509:10:00Union Pacific Corporation CFO Rob Knight to Address Credit Suisse...
11/19/201516:32:39Current Report Filing (8-k)
11/19/201513:49:00Union Pacific Corporation Declares Fourth Quarter 2015 Dividend
11/18/201513:44:30Statement of Changes in Beneficial Ownership (4)
11/04/201509:00:00Union Pacific Corporation CFO Rob Knight to Address Baird's 2015...
10/30/201512:48:16Current Report Filing (8-k)
10/29/201514:17:25Current Report Filing (8-k)
10/29/201510:05:03Union Pacific Corporation Earnings Hurt by Falling Freight Volumes
10/28/201509:00:00Union Pacific Corporation CFO Rob Knight to Address Goldman Sachs...
10/27/201515:59:10Prospectus Filed Pursuant to Rule 424(b)(5) (424b5)
10/27/201513:35:01Current Report Filing (8-k)
10/27/201502:13:14Railroads warn of disruptions due to safety-system deadline
10/26/201517:33:15Statement of Changes in Beneficial Ownership (4)
10/26/201517:18:10Free Writing Prospectus - Filing Under Securities Act Rules 163/433...
10/26/201517:17:20Free Writing Prospectus - Filing Under Securities Act Rules 163/433...
10/26/201517:16:27Free Writing Prospectus - Filing Under Securities Act Rules 163/433...
10/26/201514:00:00Union Pacific Sets Employee Safety Record
10/26/201508:55:49Prospectus Filed Pursuant to Rule 424(b)(3) (424b3)
10/25/201521:10:00Patricia Causes More Inconvenience Than Storm Damage
10/25/201511:00:05Can Norfolk Southern Match Union Pacific's Earnings Beat?

Union Pacific and other New York Stock Exchange stock quotes are delayed by at least 20 minutes.
All other stock price data is delayed by at least 15 minutes unless otherwise stated.
By accessing the services available at ADVFN you are agreeing to be bound by ADVFN's Terms & Conditions
Contact Us | Copyright 1999-2007 ADVFN PLC. | Privacy Policy | Investment Warning | Data accreditations | Investor Relations