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MarketScreener Homepage  >  Equities  >  Nyse  >  Union Pacific    UNP

UNION PACIFIC

(UNP)
  Report  
Delayed Quote. Delayed Nyse - 05/17 04:03:20 pm
174.62 USD   -0.58%
05/17UNION PACIFIC : Reports Positive Train Control Progress
PU
05/17UNION PACIFIC : UPC 8-K Filed 05/17/2019
PU
05/16UNION PACIFIC CORPORATION : Declares Second Quarter 2019 Dividend
PR
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Union Pacific : Reports Positive Train Control Progress

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05/17/2019 | 05:57pm EDT

Omaha, Neb., May 17, 2019

Union Pacific implemented Positive Train Control (PTC) on 582 route miles, bringing required PTC-operated route miles to 13,597 or 80 percent. PTC was implemented on all required passenger routes in 2018. Implementation efforts continue to ensure PTC interoperability with other freight and passenger railroads operating on Union Pacific tracks by 2020, as allowed by federal law.

One of the most challenging parts of PTC implementation is ensuring system interoperability among all U.S. rail lines and locomotives. Given the various readiness levels of North American freight and passenger railroads, including publicly funded commuter lines and short lines, it is important that all railroads continue working together to maintain the health, safety, resiliency, and fluidity of the rail network during PTC implementation.

Union Pacific completed PTC installation on required route miles and employee training in the fourth quarter of 2018. PTC education is ongoing as Union Pacific retrains employees and introduces the system to new employees. Training materials are tailored to a variety of employee roles, including engineer, conductor, dispatcher, maintenance of way/engineering, mechanical, signal, telecom and information technologies.

With the FRA's conditional approval of Union Pacific's PTC safety plan on April 26, 2017, Union Pacific is running PTC operations on more than 13,000 miles in Arizona, Arkansas, California, Colorado, Idaho, Illinois, Iowa, Kansas, Louisiana, Minnesota, Missouri, Nebraska, Nevada, New Mexico, Oklahoma, Oregon, Tennessee, Texas, Utah, Washington, Wisconsin and Wyoming. Union Pacific and freight and passenger railroads continue working together to safely implement PTC on the remaining 4,000 required route miles.

About Union Pacific

Union Pacific Railroad is the principal operating company of Union Pacific Corporation (NYSE: UNP). One of America's most recognized companies, Union Pacific Railroad connects 23 states in the western two-thirds of the country by rail, providing a critical link in the global supply chain. The railroad's diversified business mix is classified into its Agricultural Products, Energy, Industrial and Premium business groups. Union Pacific serves many of the fastest-growing U.S. population centers, operates from all major West Coast and Gulf Coast ports to eastern gateways, connects with Canada's rail systems and is the only railroad serving all six major Mexico gateways. Union Pacific provides value to its roughly 10,000 customers by delivering products in a safe, reliable, fuel-efficient and environmentally responsible manner.

The statements and information contained in the news releases provided by Union Pacific speak only as of the date issued. Such information by its nature may become outdated, and investors should not assume that the statements and information contained in Union Pacific's news releases remain current after the date issued. Union Pacific makes no commitment, and disclaims any duty, to update any of this information.

Disclaimer

UP - Union Pacific Corporation published this content on 17 May 2019 and is solely responsible for the information contained herein. Distributed by Public, unedited and unaltered, on 17 May 2019 21:57:09 UTC

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Financials ($)
Sales 2019 23 346 M
EBIT 2019 9 226 M
Net income 2019 6 415 M
Debt 2019 25 041 M
Yield 2019 2,07%
P/E ratio 2019 19,22
P/E ratio 2020 16,88
EV / Sales 2019 6,37x
EV / Sales 2020 6,15x
Capitalization 124 B
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Mean consensus OUTPERFORM
Number of Analysts 28
Average target price 186 $
Spread / Average Target 6,3%
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Managers
NameTitle
Lance M. Fritz Chairman, President & Chief Executive Officer
Jim Vena Chief Operating Officer
Robert M. Knight Chief Financial Officer & Executive Vice President
Erroll Brown Davis Independent Director
Andrew Hill Card Independent Director
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