QUOTE AND NEWS
The Hindu Business Line  Jul 11  Comment 
CNI Research has announced a tie up with FactSet Research Systems Inc to provide its research content. FactSet Research, a Nasdaq and NYSE listed firm, has offices at 29 locations in 15 coun...
The Hindu Business Line  Jul 10  Comment 
CNI Research has announced a tie up with FactSet Research Systems Inc to provide its research content. FactSet Research, a Nasdaq and NYSE listed firm, has offices at 29 locations in 15 coun...
Wall Street Journal  Jul 4  Comment 
Two crude-carrying cars on a train operated by Canadian National Railway derailed in central Alberta early Friday, according to the railway company and a local official.
Benzinga  Jun 30  Comment 
In Monday's morning summary, Barclays analyst Keith Mori upgraded shares of Canadian National Railway (NYSE: CNI) from Equal-weight to Overweight and raised the price target from $60 to $72. The upgrade comes amid improving fundamentals in the...
SeekingAlpha  May 27  Comment 
By T Rail Investor: The benefit of dividend as opposed to growth stocks has been subject of a number of debates on Seeking Alpha. With many of my stock picks I am sitting comfortably between the chairs. Companies like Ecolab (ECL), Canadian...
Market Intelligence Center  May 5  Comment 
Canadian National Railway Co (CNI) presents a trading opportunity that offers a 4.40% return in just 75 days. A covered call on Canadian National Railway at the $60.00 level expiring on Jul. '14 offers an assigned return rate of 4.40% or 21.42%...
Forbes  Apr 23  Comment 
CN (CNI) announced today that its Board of Directors has approved a second-quarter 2014 dividend on the Company's common shares outstanding. A quarterly dividend of twenty-five cents per common share Canadian will be paid on June 30, 2014, to...
SeekingAlpha  Apr 23  Comment 
Canadian National Railway (CNI) Q1 2014 Earnings Conference Call April 22, 2014, 4:30 PM ET Executives Janet Drysdale – VP, IR Claude Mongeau – President and CEO Vincenzo Vena – EVP and CFO Jean-Jacques Ruest – EVP and...
newratings.com  Apr 23  Comment 
OTTAWA (dpa-AFX) - Canadian National Railway Co (CNR.TO, CNI), the country's largest railroad operator, Tuesday reported a better-than-expected increase in first-quarter profit, due mainly to more shipments of petroleum and chemicals as well...
newratings.com  Apr 22  Comment 
OTTAWA (dpa-AFX) - Canadian National Railway Company (CNI) Tuesday reported first-quarter profit of C$623 million or C$0.75 per share, up from C$555 million or C$0.65 per share in the same period last year. Adjusted earnings for the quarter were...




 
TOP CONTRIBUTORS

Canadian National Railway Company (or CN) operates the largest rail network in Canada and the only transcontinental network in North America. The company operates approximately 20,300 route miles in 8 Canadian provinces and 16 U.S. states. CN's business strategy is guided by five core principles: providing good service, controlling costs, focusing on asset utilization, committing to safety, and developing people. CN's efforts to increase speed, efficiency, and reliability through the execution of its precision railroading concept are ongoing.

Image: Canadiannationalrailwaynetworkmap.png

Business Segments

CN's revenue is derived from seven business units engaged in the movement of a diversified and balanced portfolio of goods, which positions it well to face economic fluctuations and enhance its potential to grow revenue. These goods include petroleum and chemicals (chemicals, plastics, sulfur, petroleum, and gas products) metals and minerals (steel, aluminum, other non-ferrous metals, equipment & parts, and construction materials) forest products (lumber, fibers, paper, and panels) coal (thermal grades of bituminous coal and Canadian metallurgical coal) grains and fertilizers (food grains, oilseeds & oilseed products, and feed grains) intermodal (the transportation of freight using two or more modes of transportation) and automotive (finished vehicles and automotive parts). In 2006, forest products contributed 22% to total revenue, intermodal 18%, grains and fertilizers 16%, petroleum and chemicals 15%, metals and minerals 10%, other 8% (nonfreight revenue derived from third parties), automotive 6%, and coal 5%. On a geographic basis, approximately 32% of revenues came from transborder traffic, 25% from offshore traffic, 23% from Canadian domestic traffic, and 20% from U.S. domestic traffic. CN has the lowest operating ratio among Class I railroads.


Financials

CN's financial performance, when measured on the basis of profit margin, balance sheet strength, and free cash flow, has been among the best in the industry since 1999. To maintain this position, CN has focused on strategies to grow its businesses profitably. Such profitable growth is driven by high-quality service, continuous pursuit of productivity improvement, containing and reducing costs, and increasing revenue. Since 1995, CN has successfully increased revenue through organic growth and well-executed acquisitions or alliances.


Trends and Forces

High Profit Magins

Canadian National Railway is enjoying a high profit margin of approximately 26%, which is at or near the top in the industry. The company states that it has many more short-term than long-term freight contracts, which gives them the ability to adjust rates to accommodate current economic conditions. Investors who follow the rails know that CNI benefits from the huge Prince Rupert Terminal, which is projected to bring in approximately $110m to CNI coffers this year.



References

Wikinvest © 2006, 2007, 2008, 2009, 2010, 2011, 2012. Use of this site is subject to express Terms of Service, Privacy Policy, and Disclaimer. By continuing past this page, you agree to abide by these terms. Any information provided by Wikinvest, including but not limited to company data, competitors, business analysis, market share, sales revenues and other operating metrics, earnings call analysis, conference call transcripts, industry information, or price targets should not be construed as research, trading tips or recommendations, or investment advice and is provided with no warrants as to its accuracy. Stock market data, including US and International equity symbols, stock quotes, share prices, earnings ratios, and other fundamental data is provided by data partners. Stock market quotes delayed at least 15 minutes for NASDAQ, 20 mins for NYSE and AMEX. Market data by Xignite. See data providers for more details. Company names, products, services and branding cited herein may be trademarks or registered trademarks of their respective owners. The use of trademarks or service marks of another is not a representation that the other is affiliated with, sponsors, is sponsored by, endorses, or is endorsed by Wikinvest.
Powered by MediaWiki