UNP Stock Recent News

Union Pacific's (UNP) Q2 performance is expected to be adversely impacted by the freight market downturn.

OMAHA, Neb.--(BUSINESS WIRE)--Union Pacific Corporation (NYSE: UNP) will release second quarter 2024 financial and operating results on Thursday, July 25, 2024, at 7:45 a.m. ET. The company's management team will host a conference call and live webcast at 8:45 a.m. ET. Parties interested in participating via teleconference may dial 877-407-8293. International callers may dial 201-689-8349. A live webcast of the presentation and materials will be available in the investor relations section of Un.

Myriad Uranium holds a 75% earnable interest in the Copper Mountain Uranium Project which saw US$78m (2024$) in exploration and development expenditures by Union Pacific during the 1970s. Union Pacific drilled approximately 2,000 boreholes, discovered 7 uranium deposits, and developed a 6-pit mine plan at Copper Mountain, estimating resources of between 15.7 and 30.1 Mlbs eU 3 O 8 and estimating the further potential of known and speculated targets within the project area to be over 65 Mlbs.

The complicated and capital-intensive nature of operating a railway network creates high barriers to entry. Union Pacific is managing costs, but a slowdown in freight volume is weighing on the business.

Myriad Uranium holds a 75% earnable interest in the Copper Mountain Uranium Project which saw US$78m (2024$) in exploration and development expenditures by Union Pacific during the 1970s. Union Pacific drilled approximately 2,000 boreholes, discovered 7 uranium deposits, and developed a 6-pit mine plan at Copper Mountain, estimating resources of between 15.7 and 30.1 Mlbs eU 3 O 8 and estimating the further potential of known and speculated targets within the project area to be over 65 Mlbs.

Union Pacific stock (NYSE: UNP) currently trades at $222 per share, around 20% below its level of $277 in March 2022. In comparison, its peer – CSX stock (NYSE: CSX) saw its stock fall by 8% over the same period.

OMAHA, Neb.--(BUSINESS WIRE)--Union Pacific Railroad today announced five new Focus Sites, providing businesses additional connections to the railroad's 32,000-mile network and new opportunities to address their transportation needs. Focus Sites are large-scale development sites suited for custom-built warehouses or industrial facilities. These sites are railroad hubs where Union Pacific can concentrate resources, effectively manage logistics and provide targeted services for its customers. "Ou.

Union Pacific (UNP) might move higher on growing optimism about its earnings prospects, which is reflected by its upgrade to a Zacks Rank #2 (Buy).

Union Pacific Corporation (NYSE:UNP ) NYSE/Bank of America London Investor Conference June 25, 2024 9:00 AM ET Company Participants Jim Vena - Chief Executive Officer Jennifer Hamaan - Chief Financial Officer Conference Call Participants Ken Hoexter - BofA Ken Hoexter To the next session in the New York Stock Exchange and BofA Conference here in London. Thank you for taking the time to join us.

Union Pacific's (UNP) bottom line benefits due to its cost-cutting approach. However, weak freight revenues and volumes hurt the company's top line.