Log in
E-mail
Password
Remember
Forgot password ?
Become a member for free
Sign up
Sign up
New member
Sign up for FREE
New customer
Discover our services
Settings
Settings
Dynamic quotes 
OFFON

MarketScreener Homepage  >  Equities  >  Toronto Stock Exchange  >  Canadian Pacific Railway Limited    CP   CA13645T1003

CANADIAN PACIFIC RAILWAY LIMITED

(CP)
  Report
SummaryQuotesChartsNewsRatingsCalendarCompanyFinancialsConsensusRevisions 
SummaryMost relevantAll NewsPress ReleasesOfficial PublicationsSector newsMarketScreener StrategiesAnalyst Recommendations

Canadian Pacific Railway : railways set monthly record by moving 6.3 million tonnes of grain in October

11/03/2020 | 01:59pm EST

CALGARYCanada's two largest railways transported a record monthly total of 6.3 million tonnes of Canadian grain in October.

Montreal-based CN Rail ended the month moving 3.27 million tonnes while Canadian Pacific Railway shipped 3.04 million tonnes.

It was the first time that both railways exceeded the three million tonne threshold in a month.

CP's total topped its previous monthly record set last April, by 6.9 per cent.

The result came as CN Rail's shipments were 13.5 per cent above its previous record of 2.88 million tonnes set a year ago.

Calgary-based CP was also up 14.2 per cent from the 2.66 million tonnes of grain transported in October 2019.

"CP's customers are managing strong and healthy supply chains to the ports, where new and expanded terminal capacity is facilitating very strong flows of grain," stated Joan Hardy, vice-president sales and marketing grain and fertilizers.

Both railways are investing in adding larger hopper cars.

CP has added 3,300 of its commitment for 5,900 units that carry 15 per cent more volume and 10 per cent more weight compared with older cars they are replacing.

CN says it has received the first of 1,500 high-capacity grain hoppers with 600 to enter into service by the end of the year. That's on top of an order in 2018 for 1,000 grain cars that are all in service.

"The expedited delivery of the new hopper cars also reiterates our commitment to being ready for 2021 and beyond with additional capacity and confidence in our ability to deliver safely for our customers, the economy and the communities we serve," said Rob Reilly, chief operating officer of CN.

This report by The Canadian Press was first published Nov. 3, 2020.

Companies in this story: (TSX:CNR, TSX:CP)

© 2020 The Canadian Press. All rights reserved., source Canadian Press DataFile

All news about CANADIAN PACIFIC RAILWAY LIMITED
01/13North American Rail Traffic Rose 3% in Week Ended Jan. 9
DJ
01/11CANADIAN PACIFIC RAILWAY LTD/CN : Other Events, Financial Statements and Exhibit..
AQ
01/06North American Rail Traffic Rose 1.3% in Week Ended Jan. 2
DJ
01/04CANADIAN PACIFIC RAILWAY : Says Fourth-Quarter Grain Shipments Sets Record
MT
01/04CANADIAN PACIFIC RAILWAY : CP reports best ever year, quarter, December for Cana..
AQ
01/04CANADIAN PACIFIC RAILWAY : CP to report fourth-quarter 2020 earnings results on ..
AQ
2020North American Rail Traffic Rose 7% in Week Ended Dec. 26
DJ
2020CANADIAN PACIFIC RAILWAY LIMITED : Ex-dividend day for
FA
2020CANADIAN PACIFIC RAILWAY LTD/CN : Other Events, Financial Statements and Exhibit..
AQ
2020CANADIAN PACIFIC RAILWAY : Dual Listed CP Rail Slows Down in Pre-Market U.S. as ..
MT
More news
Financials
Sales 2020 7 737 M 6 063 M 6 063 M
Net income 2020 2 300 M 1 802 M 1 802 M
Net Debt 2020 9 167 M 7 183 M 7 183 M
P/E ratio 2020 26,6x
Yield 2020 0,77%
Capitalization 60 634 M 47 961 M 47 510 M
EV / Sales 2020 9,02x
EV / Sales 2021 8,37x
Nbr of Employees 12 166
Free-Float 100,0%
Chart CANADIAN PACIFIC RAILWAY LIMITED
Duration : Period :
Canadian Pacific Railway Limited Technical Analysis Chart | CP | CA13645T1003 | MarketScreener
Technical analysis trends CANADIAN PACIFIC RAILWAY LIMITED
Short TermMid-TermLong Term
TrendsBullishBullishBullish
Income Statement Evolution
Consensus
Sell
Buy
Mean consensus OUTPERFORM
Number of Analysts 30
Average target price 452,72 CAD
Last Close Price 451,44 CAD
Spread / Highest target 12,1%
Spread / Average Target 0,28%
Spread / Lowest Target -29,1%
EPS Revisions
Managers and Directors
NameTitle
Keith Edward Creel President, Chief Executive Officer & Director
Isabelle Courville Chairman
Mark Redd Executive Vice President-Operations
Nadeem S. Velani Chief Financial Officer & Executive Vice President
Michael John Redeker Chief Information Officer & Vice President
Sector and Competitors