Canadian Pacific Kansas City Limited Stock Price, News & Analysis

Canadian Pacific Kansas City (TSX: CP) (NYSE: CP) announced that Executive Vice-President and Chief Financial Officer Nadeem Velani and Senior Vice-President, Accounting, Planning and Procurement Ian Gray will speak at the 46th Annual Raymond James Institutional Investors Conference. The presentation is scheduled for March 3, 2025, at 8:05 a.m. ET. A live audio webcast will be accessible through investor.cpkcr.com, with a replay available after the event.

Canadian Pacific Kansas City (CP) announced that the Teamsters Canada Rail Conference Maintenance of Way Employees Division (TCRC-MWED) has ratified a new four-year collective agreement. The agreement, covering approximately 2,300 engineering service employees across Canada, includes improved wages and benefits.

CPKC CEO Keith Creel highlighted that the agreement was reached through collaborative negotiations and received strong support from the membership. The new contract is expected to provide long-term labor stability, enabling the company to continue serving customers and contributing to the Canadian economy efficiently and safely.

Canadian Pacific Kansas City (CP) has officially opened the Patrick J. Ottensmeyer International Railway Bridge with a ceremonial ribbon cutting over the Rio Grande. The $100 million bridge, named after the final KCS president and CEO who passed away in July 2024, is the only railroad bridge connecting Laredo, Texas, and Nuevo Laredo, Tamaulipas.

The new infrastructure more than doubles the capacity at the U.S.-Mexico border, featuring a 1,170-foot second track bridge with six reinforced concrete piers, positioned 35 feet from the existing track bridge. The project includes 4,500 feet of new track and enhanced security investments, including a VACIS X-ray railcar inspection system and surveillance cameras.

Canadian Pacific Kansas City (TSX: CP) (NYSE: CP) announced that President and CEO Keith Creel will participate in two upcoming investor conferences in February 2025. He will speak at the Citi Global Industrial Tech and Mobility Conference on February 18 at 2:40 p.m. ET and the Barclays Industrial Select Conference on February 19 at 9:50 a.m. ET. Live audio webcasts of both presentations will be accessible through CPKC's investor website, with replays available after the events.

Canadian Pacific Kansas City (CP) has announced reaching a tentative four-year collective agreement with the United Steelworkers (USW), representing approximately 600 clerical and intermodal employees in Canada. This marks CP's third tentative agreement in Canada this year.

CPKC President and CEO Keith Creel emphasized that the agreement benefits railroaders and their families while enabling the company to continue serving customers efficiently and supporting Canadian economic growth. The specific details of the agreement will remain confidential until ratification.

Canadian Pacific Kansas City (CP) reported strong Q4 2024 financial results with revenues of $3.9 billion, up 3% from Q4 2023. The company achieved a reported operating ratio of 59.7%, improving by 210 basis points year-over-year, while core adjusted combined OR decreased to 57.1%.

Q4 diluted EPS increased to $1.28 from $1.10 in Q4 2023, with core adjusted combined diluted EPS rising 9% to $1.29. Safety metrics showed improvement with FRA-reportable personal injury frequency decreasing to 0.84 from 1.13.

For full-year 2024, CPKC's reported OR improved to 64.4%, while core adjusted combined diluted EPS grew 11% to $4.25. The company maintained its position as industry leader with the lowest FRA-reportable train accident frequency among Class 1 railroads. Management expects strong earnings growth in 2025, aligned with their multi-year guidance.

Canadian Pacific Kansas City (CP) has announced its latest quarterly dividend declaration. The company's Board of Directors has approved a dividend payment of $0.19 per share on outstanding Common Shares. The dividend will be paid on April 28, 2025, to shareholders who are recorded as holders at the close of business on March 28, 2025. The dividend qualifies as an 'eligible' dividend under the Income Tax Act (Canada) and similar provincial/territorial legislation.

Canadian Pacific Kansas City (CP) has announced reaching a tentative four-year collective agreement with the Teamsters Canada Rail Conference Maintenance of Way Employees Division (TCRC-MWED), which represents approximately 2,300 engineering service employees across Canada.

The agreement, announced on January 28, 2025, marks a significant development in labor relations for the railroad company. CPKC CEO Keith Creel emphasized that the agreement benefits railroaders and their families while enabling the company to continue serving customers and contributing to the Canadian economy efficiently. The specific details of the agreement will remain confidential until ratification.

Canadian Pacific Kansas City (CP) has announced reaching a tentative four-year collective agreement with Unifor, representing approximately 1,200 mechanical employees in Canada. The agreement covers mechanics, labourers, diesel service attendants, and mechanical support staff.

CPKC's President and CEO Keith Creel emphasized the collaborative nature of the negotiations, highlighting the agreement's benefits for employees and their families while maintaining customer service and supporting the Canadian economy. The specific details of the agreement remain undisclosed pending ratification.