Union Pacific Stock Price, News & Analysis

Union Pacific (NYSE:UNP) and the International Brotherhood of Boilermakers reached an agreement announced November 24, 2025 that guarantees job security for union employees who are employed at both Union Pacific and Norfolk Southern at the time of the merger to create a coast-to-coast railroad.

IBB is the fourth national union to sign similar protections, joining SMART-TD, NCFO and Brotherhood of Railway Carmen. Union Pacific CEO Jim Vena said the agreement reinforces a company commitment to protect union jobs while advancing the merger.

Union Pacific (NYSE: UNP) declared a quarterly cash dividend of $1.38 per share, payable Dec. 30, 2025, to shareholders of record on Dec. 5, 2025. Union Pacific has paid dividends for 126 consecutive years, reflecting a long history of shareholder distributions.

Union Pacific (NYSE:UNP) and the Brotherhood of Railway Carmen reached an agreement on November 17, 2025 that guarantees lifetime job protection for BRC members employed at Union Pacific and Norfolk Southern at the time of the merger, subject to standard employment requirements.

The BRC is the third national union to secure such protections after SMART-TD and NCFO. Union Pacific said the merger will create a coast-to-coast railroad and aims to eliminate 24–48 hours from interchanges while connecting underserved areas.

Union Pacific (NYSE: UNP) reported that 99.5% of votes cast at its special meeting approved issuing new Union Pacific common shares in connection with its merger with Norfolk Southern on November 14, 2025.

The preliminary count represented nearly 80% of outstanding shares; final results will be certified and reported in a Form 8-K. The company said it will file an application with the Surface Transportation Board (STB). The transaction remains subject to STB review within statutory timelines and customary closing conditions.

Union Pacific (UNP) and the National Conference of Firemen and Oilers reached an agreement tied to the proposed merger with Norfolk Southern announced on November 10, 2025. The pact commits that NCFO members employed when the merger closes will retain a job for the length of their careers, subject to standard continued-employment requirements.

The agreement frames the merger as creating America’s first coast-to-coast railroad, aims to protect quality jobs, and signals joint implementation efforts to support employee stability, growth pathways, and investment in working conditions.

Union Pacific (UNP) recognized 16 customers and suppliers with its 2025 Sustainability Partner Awards on November 6, 2025, in Omaha, Nebraska.

The third-year program honors organizations for measurable sustainability progress, innovation, collaboration and stakeholder engagement. Winners included customers such as APL Logistics, Dow Chemical, General Motors, Toyota North America and suppliers including Chevron, Wabtec and WSP USA. Award criteria emphasized reduced environmental impact and effective partnerships. Winners presented initiatives at Lauritzen Gardens; interested companies can contact their Union Pacific sales or supply representative to apply for 2026.

Union Pacific (NYSE: UNP) executives Jim Vena, chief executive officer, and Jennifer Hamann, executive vice president and chief financial officer, will speak at the Baird 2025 Global Industrial Conference on Tuesday, Nov. 11, 2025 at 2:45 p.m. ET.

A live webcast of the presentation will be available in the investor relations section of Union Pacific's website at https://investor.unionpacific.com, and an audio replay will be posted shortly after the event.

Union Pacific (NYSE: UNP) reported third quarter 2025 net income of $1.8 billion and diluted EPS of $3.01 (adjusted diluted EPS $3.08). Operating revenue was $6.2 billion, up 3%, with freight revenue excluding fuel surcharge up 4%. Reported operating ratio was 59.2% and adjusted operating ratio was 58.5%. Results included $41 million of merger costs.

The company highlighted record operational metrics (freight car velocity, locomotive productivity, terminal dwell, train length, workforce productivity, fuel consumption) and reaffirmed investor-day targets: capital plan of $3.4 billion, continued cash generation, and a 3% dividend increase. Share repurchases are paused pending the Norfolk Southern merger and regulatory approval.

Union Pacific (NYSE: UNP) will release its third-quarter 2025 financial and operating results on Thursday, October 23, 2025 at 7:45 a.m. ET. Management will host a conference call and live webcast at 8:45 a.m. ET. Investors can join via teleconference at 877-407-8293 (U.S.) or 201-689-8349 (international). A live webcast and presentation materials will be available in the investor relations section at https://investor.unionpacific.com/. An audio replay of the webcast will be available shortly after the event.