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Union Pacific Corp. - UNP STOCK NEWS

Welcome to our dedicated page for Union Pacific news (Ticker: UNP), a resource for investors and traders seeking the latest updates and insights on Union Pacific stock.

Union Pacific Corporation (NYSE: UNP) is a leading railroad holding company based in Omaha, Nebraska. Incorporated in 1969, Union Pacific operates the largest public railroad in North America, managing over 30,000 miles of track across the western United States. The company’s core business involves hauling a wide variety of goods, including coal, industrial products, intermodal containers, agricultural goods, chemicals, fertilizers, and automotive products.

In 2023, Union Pacific generated an impressive $24 billion in revenue. The company also owns approximately one fourth of the Mexican railroad Ferromex, contributing about 10% of its revenue through freight activities to and from Mexico.

Recent financial reports reveal that Union Pacific achieved a 2023 fourth quarter net income of $1.7 billion, or $2.71 per diluted share, up from $1.6 billion, or $2.67 per diluted share, in the same period of 2022. For the full year of 2023, the company posted a net income of $6.4 billion, or $10.45 per diluted share, compared to $7.0 billion, or $11.21 per diluted share, in 2022.

Union Pacific has emphasized its commitment to safety, service, and operational excellence. The company has also reported significant improvements in service and operational metrics, which are crucial for maintaining its strong market position and ensuring customer satisfaction.

Looking ahead, Union Pacific plans to invest $3.4 billion in 2024 to support safe operations, renew assets, and foster growth. This investment includes $1.9 billion allocated for infrastructure upgrades and replacements, along with $0.6 billion dedicated to locomotives and equipment modernization. These efforts aim to enhance productivity, operational efficiency, and overall service quality.

Union Pacific’s strategic initiatives also encompass expanding its intermodal footprint, focusing on high-growth regions such as Southern California, Phoenix, and Kansas City. The company continues to play a vital role in the national and global economy, connecting customers and communities through its extensive rail network.

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Union Pacific Railroad released its annual Building America Report, showcasing progress in safety, sustainability, and the development of a new hybrid locomotive with ZTR. The report highlights improved safety metrics, reduced greenhouse gas emissions, and commitment to climate goals. Union Pacific received high ratings for its climate initiatives and corporate transparency.

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Union Pacific (UNP) reported first quarter 2024 net income of $1.6 billion, or $2.69 per diluted share, showing a slight increase from 2023. The operating income and net income both saw a 1% rise, with core pricing gains driving the operating income up by 3%. Despite flat operating revenue, the company achieved a 4% growth in freight revenue, with improved operational efficiency and core pricing gains leading to a 140 basis points improvement in the operating ratio. Union Pacific also saw improvements in safety, service, and operational excellence metrics, with a positive outlook for profitability, share repurchases, and capital allocation strategy.
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Union Pacific (UNP) has announced the release date for its first quarter 2024 financial and operating results. The earnings release is scheduled for Thursday, April 25, 2024, at 7:45 a.m. ET, followed by a conference call and live webcast at 8:45 a.m. ET. Interested parties can participate via teleconference or webcast. International callers can also join the call. The presentation will be available on the company's investor relations website, with a replay of the webcast accessible later.
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STG Logistics and Union Pacific Railroad have extended their partnership to deliver consumer goods, enhancing supply chain efficiency and customer satisfaction.
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Union Pacific's Big Boy No. 4014, the world's largest steam locomotive, embarks on a scenic tour across four western states to honor the railroad's legacy and employees. The 'Big Boy Westward Bound' tour will showcase the locomotive's historical significance and technological advancements, making whistle-stops in various communities along the way.
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Union Pacific (UNP) will release its first quarter 2024 financial and operating results on April 25, 2024. The management team will host a conference call and webcast for interested parties. International callers can dial 201-689-8349. A replay will be available on the company's website.
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Union Pacific Corporation's CEO and CFO to speak at J.P. Morgan 2024 Industrials Conference on March 13, 2024. Webcast details provided.
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Union Pacific announces a $3.4 billion investment plan for 2024 to enhance safety, renew assets, and support growth, aiming to boost the economy and supply chain activity.
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Union Pacific Corporation's CEO and CFO to address Barclays 2024 Industrial Select Conference on February 21, 2024.
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Union Pacific Corporation (UNP) has declared a quarterly dividend of $1.30 per share on its common stock, payable on Mar. 29, 2024, to shareholders of record as of Feb. 29, 2024. The company has a long-standing history of paying dividends for 125 consecutive years.
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FAQ

What is the current stock price of Union Pacific (UNP)?

The current stock price of Union Pacific (UNP) is $227.13 as of December 23, 2024.

What is the market cap of Union Pacific (UNP)?

The market cap of Union Pacific (UNP) is approximately 136.6B.

What is Union Pacific Corporation?

Union Pacific Corporation is the largest public railroad in North America, operating over 30,000 miles of track in the western United States.

Where is Union Pacific Corporation headquartered?

Union Pacific Corporation is headquartered in Omaha, Nebraska.

What types of goods does Union Pacific transport?

Union Pacific transports coal, industrial products, intermodal containers, agricultural goods, chemicals, fertilizers, and automotive products.

How much revenue did Union Pacific generate in 2023?

Union Pacific generated $24 billion in revenue in 2023.

What is Union Pacific's relationship with Ferromex?

Union Pacific owns about one fourth of the Mexican railroad Ferromex and derives roughly 10% of its revenue from freight activities to and from Mexico.

What were Union Pacific's fourth quarter financial results for 2023?

Union Pacific reported a fourth quarter net income of $1.7 billion, or $2.71 per diluted share, in 2023.

What are Union Pacific's investment plans for 2024?

Union Pacific plans to invest $3.4 billion in 2024 to support safe operations, renew assets, and foster growth.

How does Union Pacific contribute to environmental sustainability?

Trains are the most environmentally responsible way to move freight, helping Union Pacific protect future generations by reducing environmental impact.

What regions are included in Union Pacific's expansion plans?

Union Pacific's expansion plans focus on high-growth regions such as Southern California, Phoenix, and Kansas City.

Where can I find more information about Union Pacific?

More information about Union Pacific Corporation can be found on their official website at www.up.com.

Union Pacific Corp.

NYSE:UNP

UNP Rankings

UNP Stock Data

136.58B
604.70M
0.2%
81.86%
0.78%
Railroads
Railroads, Line-haul Operating
Link
United States of America
OMAHA