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; mia.lamar@dowjones.com

Stock News for Union Pacific (UNP)
DateTimeHeadline
04/01/201516:33:13Proxy Statement (definitive) (def 14a)
03/31/201521:40:01Individual Investor Portfolio: Select Sectors And Companies Continue...
03/31/201514:00:02Is Union Pacific Corporation Managing its Assets Well?
03/31/201506:08:023 Cheap Dividend Stocks You Can Buy Right Now
03/30/201507:40:16Nonfarm Payrolls Will Be Closely Watched - Cramer's Mad Money...
03/27/201508:57:37Is The Railroad Correction Justified?
03/27/201508:01:39Don't Let Low Dividend Yields Keep You From Investing In These...
03/27/201500:57:00I Believe Union Pacific Is Just Guilty By Association For Now
03/26/201509:00:00Union Pacific Corporation Invites You to Join Its First Quarter...
03/26/201508:37:40Cowen cools off on Union Pacific
03/25/201506:32:37Is Akorn The Next Regeneron - Cramer's Lightning Round (3/24/15)
03/23/201510:02:11Railroad stocks lower on energy revenue concerns
03/20/201514:16:05Initial Statement of Beneficial Ownership (3)
03/20/201509:42:50Union Pacific Struggles To Grow Revenue In Q1
03/19/201509:00:00Union Pacific Announces Annual Payments of Interest on Certain...
03/17/201500:17:29Despite Head-Scratching Upgrade, Union Pacific Climbs Higher
03/16/201509:09:38Macquarie shows confidence in Union Pacific
03/12/201509:00:10Is Union Pacific Corp.'s Business Model the Key to Its Success?
03/12/201508:10:59Canada wants even newer oil tank cars phased out by 2025
03/12/201505:40:30Yahoo Ex-Alibaba Is Cheap - Cramer's Lightning Round (3/11/15)

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

ADVFNADVFN ItalyADVFN GermanyADVFN FranceADVFN BrazilADVFN JapanADVFN UKADVFN US noad