U.S. railroads push against oil industry demands for storage in rail cars [Reuters]
Union Pacific Corporation (UNP)
Last union pacific corporation earnings: 4/23 08:00 am
Check Earnings Report
US:NYSE Investor Relations:
up.com/investors
Company Research
Source: Reuters
U.S. railroads push against oil industry demands for storage in rail cars NEW YORK (Reuters) - Railroads are clamping down on rising demand from oil companies to store crude in rail cars due to safety concerns, sources said, even as the number of places available to stockpile oil is rapidly dwindling. Oil demand is expected to drop by roughly 30% this month worldwide due to the worsening coronavirus pandemic, and supplies are increasing even as Saudi Arabia and Russia hammer out an agreement to cut worldwide output. Storage is filling rapidly as refiners reduce processing and U.S. exports fall. Globally, storage space for crude could run out by mid-2020, according to IHS Markit, and most U.S. onshore storage capacity is expected to fill by May, traders and analysts said. However, railroads including Union Pacific and BNSF, owned by billionaire Warren Buffett, are telling oil shippers that they do not want them to move loaded crude trains to private rail car storage facilities on their
Show less
Read more
Impact Snapshot
Event Time:
UNP
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
UNP 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
UNP alerts
High impacting Union Pacific Corporation news events
Weekly update
A roundup of the hottest topics
UNP
News
- Union Pacific (UNP): Reassessing Valuation After a Recent Share Price Rebound [Yahoo! Finance]Yahoo! Finance
- Trump administration shows a pattern of firing Black leaders across government, former Transportation officials claim [Fortune]Fortune
- Union Pacific: A Solid Defensive Railroad Play, But Returns Likely To Track The Market [Seeking Alpha]Seeking Alpha
- Engineers rescued after rockslide derails train in Colorado [CBS News]CBS News
- Union Pacific: Merger Upside Priced In, But U.S. Production Volumes On The Rise [Seeking Alpha]Seeking Alpha
UNP
Earnings
- 10/23/25 - Beat
UNP
Sec Filings
- 12/4/25 - Form 4
- 11/17/25 - Form 8-K
- 11/12/25 - Form 4
- UNP's page on the SEC website