Oil pucks among new ways eyed to transport Canadian crude [Toronto Globe and Mail (Ontario, Canada)]
Canadian National Railway Company (CNI)
Last canadian national railway company earnings: 4/27 04:01 pm
Check Earnings Report
US:NYSE Investor Relations:
cn.ca/en/investors
Company Research
Source: Toronto Globe and Mail
Canada’s biggest railway company says it is attracting interest from oil producers in its effort to move crude in solid, puck-like form, as clogged pipelines divert more oil to riskier rail transport. Congested pipelines have stranded much of Canada’s crude in Alberta, driving discounts to record-high levels. Canadian heavy crude traded on Friday for less than one-third of the U.S. benchmark light oil price. The latest blow to the sector landed on Thursday, when a U.S. court ruled construction must stop on TransCanada Corp.’s Keystone XL pipeline. Story continues below advertisement Pipeline pressure has pushed more crude onto trains owned by Canadian National Railway Co. and rival Canadian Pacific Railway Ltd. But crude movement by rail is costly and prone to spills and sometimes disastrous accidents, such as the 2013 derailment at Lac Megantic, Que., that killed dozens of people. Enter CN’s patented Canapux product, which is solidified c
Show less
Read more
Impact Snapshot
Event Time:
CNI
Last Price
Price Change
Price Change%
Volume Shares
Max Up
Max Down
%
Volume Ratio
Performance Comparison
Updated
|
Event Day
Stock performance from the time of news release until the following 4pm ET market close
|
Last price at news event
|
Since Event
Multi-day stock performance from the time of the news release
|
|---|---|---|
|
EVENT DAY
Stock performance from the time of news release until the following 4pm ET market close
|
LAST
PRICE AT NEWS EVENT |
SINCE EVENT
Multi-day stock performance from the time of the news release
|
| Last Price | ||
| VWAP | ||
|
High:
|
Max Up |
High:
|
|
Low:
|
Max Down |
Low:
|
|
%
|
Post news range |
%
|
|
|
Price change |
|
|
|
Price Change Percentage |
|
|
|
S&P 500 (SPX) |
|
|
%
|
Volume ratio |
%
|
| Volume | ||
| Ticks | ||
|
|
Avg transaction size |
|
Don't Miss Out On The Next BIG Stock Move
Event day
Event Day Chart will not be displayed beyond 90-day period of the event
Performance since event
Time And Velocity Analysis
Be the first to know
Opt in for alerts from News Quantifed
Sign Up Today
Opt-in for
CNI alerts
Learn More With NQ
Reading the Impact Report
Help Me Understand This Data
Help Me Understand This Data
How NQ Works
What is news-based trading?
And why is it so successful?
And why is it so successful?
Movers & Shakers
The biggest gainers and losers and WHY it moved
CNI alerts
High impacting Canadian National Railway Company news events
Weekly update
A roundup of the hottest topics
CNI
News
- Canadian National Railway (NYSE: CNI) had its price target raised by analysts at Stifel Nicolaus from $121.00 to $134.00. They now have a "hold" rating on the stock.MarketBeat
- Canadian National Railway (NYSE: CNI) had its "hold" rating re-affirmed by analysts at Benchmark Co..MarketBeat
- Canadian National Railway (NYSE: CNI) was upgraded by analysts at Bank of America Co. from a "neutral" rating to a "buy" rating. They now have a $145.00 price target on the stock, up previously from $140.00.MarketBeat
- Are Canadian National Railway Company (TSE:CNR) Investors Paying Above The Intrinsic Value? [Yahoo! Finance]Yahoo! Finance
- Canadian National Railway (NYSE: CNI) is now covered by analysts at Jefferies Financial Group Inc.. They set a "hold" rating and a $130.00 price target on the stock.MarketBeat
CNI
Earnings
- 1/23/24 - Beat
CNI
Sec Filings
- 4/8/24 - Form 6-K
- 4/5/24 - Form EFFECT
- 4/2/24 - Form 6-K
- CNI's page on the SEC website