CP Rail CEO Keith Creel criticizes Rachel Notley for mandatory oil production cuts in Alberta [Toronto Globe and Mail (Ontario, Canada)]
Canadian Pacific Kansas City Limited Common Shares (CP)
Last canadian pacific kansas city limited common shares earnings: 4/21 04:24 pm
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Source: Toronto Globe and Mail
CP Rail CEO Keith Creel criticizes Rachel Notley for mandatory oil production cuts in Alberta Editors Note: An earlier version of this story by The Canadian Press incorrectly stated that Keith Creel objected to Notley’s oil-by-rail program. The head of Canadian Pacific Railway Ltd. has voiced his discomfort at the idea of Alberta Premier Rachel Notley’s recent production curtailments, designed to draw down a glut of trapped crude oil and decrease the differential between western Canadian and U.S. benchmark oil prices. “So the government steps in, we didn’t like it at all,” said Keith Creel, speaking at a conference in Miami on Wednesday. Story continues below advertisement “I don’t think that’s healthy in a commercial space. You can let the commercial deals work and let commerce take place and the deals will drive right good business decisions and investment decisions,” Creel said, adding that the moves caused “uncertainty.” “I was pretty clear about it – I just don’t think it’s healt
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- Canadian Pacific Kansas City Limited (NYSE: CP) had its price target lowered by analysts at Stifel Nicolaus from $83.00 to $82.00. They now have a "hold" rating on the stock.MarketBeat
- Canadian Pacific Kansas City Limited (NYSE: CP) had its price target lowered by analysts at Evercore Inc. from $90.00 to $89.00. They now have an "outperform" rating on the stock.MarketBeat
- Canadian Pacific Kansas City Limited (NYSE: CP) had its price target lowered by analysts at Bank of America Co. from $97.00 to $92.00. They now have a "buy" rating on the stock.MarketBeat
- Canadian Pacific Kansas City Limited (NYSE: CP) had its "hold" rating re-affirmed by analysts at Benchmark Co..MarketBeat
- Canadian Pacific Kansas City Limited (NYSE: CP) had its price target lowered by analysts at Evercore ISI from $90.00 to $89.00. They now have an "outperform" rating on the stock.MarketBeat
CP
Earnings
- 4/24/24 - Beat
CP
Sec Filings
- 4/25/24 - Form 8-K
- 4/24/24 - Form 8-K
- 4/24/24 - Form 10-Q
- CP's page on the SEC website