Canadian Pacific Kansas City Limited Stock Price, News & Analysis

Canadian Pacific (TSX: CP) will release its Q1 2021 financial results on April 21, 2021, after market close. A conference call for discussing the results will commence at 4:30 p.m. ET. Participants can join via a dial-in number or access the webcast through CP's Investors section. A replay of the call will be available until April 28, 2021. Canadian Pacific provides competitive rail service across North America, linking major ports and offering freight transportation services.

Canadian Pacific Railway Limited (CP) has announced contract amendments with President and CEO Keith Creel, extending his leadership role until at least early 2026. This move is linked to CP's acquisition of Kansas City Southern (KCS), which will combine both companies, pending regulatory approvals. Since assuming the CEO position in 2017, Creel has overseen a 150% increase in CP's share price and maintained its status as the safest Class 1 railroad in North America for 15 consecutive years. The integration aims to enhance operational efficiency and shareholder value.

Canadian Pacific Railway (CP) and Kansas City Southern (KCS) announced a merger agreement worth approximately $29 billion, including $3.8 billion of KCS debt. The deal values KCS at $275 per share, a 23% premium. Once approved, the merger will create the first rail network connecting Canada, the U.S., and Mexico, enhancing competition and service for customers. The combined entity is projected to generate $780 million in annualized synergies and is expected to be accretive to CP's adjusted EPS in the first year post-acquisition. CP will issue 44.5 million shares and raise $8.6 billion in debt for the transaction.

Canadian Pacific Railway Limited (CP) has announced a merger agreement to acquire Kansas City Southern (KCS) for approximately USD $29 billion, including KCS's $3.8 billion debt. This deal represents a 23% premium on KCS stock, translating to $275 per share. The merger aims to create the first rail network linking the U.S., Mexico, and Canada, enhancing service options and market reach. Expected synergies include $780 million annually over three years, with the transaction anticipated to be accretive to CP’s EPS. The merger is subject to regulatory approval.

Canadian Pacific Railway Limited (TSX: CP) has filed its notice of meeting and management proxy circular for the 2021 annual and special meeting of shareholders with securities regulators. The virtual meeting is scheduled for April 21, 2021, at 9 a.m. MT. Shareholder participation will be online only, allowing voting and question submissions. Detailed instructions and a Virtual AGM User Guide are available on the company's investor relations website. This meeting emphasizes CP's commitment to shareholder engagement amidst ongoing business operations.

On March 9, 2021, Canadian Pacific (TSX: CP) announced its collaboration with Ballard Power Systems (NASDAQ: BLDP) to utilize Ballard's fuel cell modules for its Hydrogen Locomotive Program, aiming to create North America's first hydrogen-powered line-haul freight locomotive. This initiative is part of CP's commitment to zero-emission technology and sustainable transportation. Ballard will supply six 200-kilowatt modules, providing 1.2 megawatts of electricity to the locomotive. The project is expected to enhance CP's operational efficiency and reduce emissions in freight operations.

Canadian Pacific (TSX: CP) will have its Executive Vice-President and CFO, Nadeem Velani, present at the J.P. Morgan Industrials Conference on March 15, 2021, at 2 p.m. ET. Investors can access a live audio webcast of the address, with a replay available post-event. CP, a transcontinental railway, connects major Canadian and U.S. ports and offers extensive freight services and logistics solutions to North American clients.

Canadian Pacific Railway Limited (TSX: CP) has filed its 2020 annual report on Form 10-K with the U.S. Securities and Exchange Commission and Canadian securities regulators. This report includes audited financial statements and management's discussion and analysis. Shareholders can request a printed copy of the audited financial statements at no cost. The annual report is available online for public access. CP operates as a transcontinental railway in Canada and the U.S., providing freight transport services and logistics solutions.

Canadian Pacific (TSX: CP) reported a record January for grain transport, moving 2.22 million metric tonnes, a 6% increase from January 2020. In the 2020-2021 crop year, the total grain transport has reached 16 million metric tonnes, surpassing last year's performance by 13%. CP continues enhancing its fleet with over 3,800 new high-efficiency hopper cars, improving capacity. The railway publishes a weekly grain supply chain scorecard to track performance and external factors affecting grain movement. However, the release includes forward-looking statements subject to risks and uncertainties.