Railroads Industry Performing Admirably in 2012 Despite Facing Steep Decline in Coal Shipments
Five Star Equities Provides Stock Research on CSX Corp. and Norfolk Southern Corp.
(firmenpresse) - NEW YORK, NY -- (Marketwire) -- 08/06/12 -- Despite facing a significant drop in coal shipments, railroad stocks have performed admirably in 2012. The Standard and Poor's 500 Railroads Index (S5RAIL) is up roughly 10 percent for the year, slightly beating the S&P 500 Index gain of 9 percent. Five Star Equities examines the outlook for companies in the Railroads Industry and provides equity research on CSX Corporation (NYSE: CSX) and Norfolk Southern Corp. (NYSE: NSC).
Access to the full company reports can be found at:
The railroads have surprisingly benefited from the very industry responsible for the steep decline in coal shipments. The recent boom in hydraulic fracturing has resulted in railroads transporting more equipment, and petroleum products to and from shale formations for energy companies. Warren Buffett-owned Burlington Northern Santa Fe railroad has seen a 75 percent increase in petroleum carloads, while Union Pacific has seen a 12 percent rise in their fracking-related freight.
"This is a whole industry that just sprung up on all the rail properties," Sterne Agee & Leach Inc. analyst Jeffrey Kauffman stated in a recent telephone interview. "It's a new growth source that helps to mitigate what's probably a temporary dislocation of an old energy source."
Five Star Equities releases regular market updates on the Railroads Industry so investors can stay ahead of the crowd and make the best investment decisions to maximize their returns. Take a few minutes to register with us free at and get exclusive access to our numerous stock reports and industry newsletters.
CSX Corporation, based in Jacksonville, Fla., is one of the nation's leading transportation companies, providing rail, intermodal and rail-to-truck transload services. The company recently reported that for the second quarter of 2012 operating income improved to $943 million. CSX shares are up nearly 10 percent for the year.
Norfolk Southern recently completed $20.5 million of track, bridge, and signal improvements along its major coal line through the Monongahela Valley in a record seven days. In 2011, nearly 37 million tons of coal was shipped over the line -- most of it delivered to utility customers. Approximately 30 trains daily use the line.
Five Star Equities provides Market Research focused on equities that offer growth opportunities, value, and strong potential return. We strive to provide the most up-to-date market activities. We constantly create research reports and newsletters for our members. Five Star Equities has not been compensated by any of the above-mentioned companies. We act as an independent research portal and are aware that all investment entails inherent risks. Please view the full disclaimer at:
Contact:
Five Star Equities
Themen in dieser Pressemitteilung:
Unternehmensinformation / Kurzprofil:
Datum: 06.08.2012 - 12:20 Uhr
Sprache: Deutsch
News-ID 171805
Anzahl Zeichen: 0
contact information:
Town:
NEW YORK, NY
Kategorie:
Commercial & Investment Banking
Diese Pressemitteilung wurde bisher 125 mal aufgerufen.
Die Pressemitteilung mit dem Titel:
"Railroads Industry Performing Admirably in 2012 Despite Facing Steep Decline in Coal Shipments"
steht unter der journalistisch-redaktionellen Verantwortung von
Five Star Equities (Nachricht senden)
Beachten Sie bitte die weiteren Informationen zum Haftungsauschluß (gemäß TMG - TeleMedianGesetz) und dem Datenschutz (gemäß der DSGVO).
