Union Pacific Corporation's (UNP) CEO Lance Fritz on Q4 2020 Results - Earnings Call Transcript

Jan. 21, 2021 3:18 PM ETUnion Pacific Corporation (UNP)
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Union Pacific Corporation (NYSE:UNP) Q4 2020 Results Earnings Conference Call January 21, 2021 8:45 AM ET

Company Participants

Lance Fritz - Chairman, President and CEO

Eric Gehringer - Executive Vice President, Operations

Kenny Rocker - Executive Vice President, Marketing and Sales

Jennifer Hamann - Chief Financial Officer

Conference Call Participants

Justin Long - Stephens

Jason Seidl - Cowen

Scott Group - Wolfe Research

Chris Wetherbee - Citi

Jon Chappell - Evercore ISI

Tom Wadewitz - UBS

Allison Landry - Credit Suisse

Bascome Majors - Susquehanna

Ken Hoexter - Bank of America

Brandon Oglenski - Barclays

Amit Mehrotra - Deutsche Bank

Ravi Shanker - Morgan Stanley

Allison Poliniak - Wells Fargo

Cherilyn Radbourne - TD Securities

Brian Ossenbeck - JPMorgan

David Ross - Stifel

Walter Spracklin - RBC

Jordan Alliger - Goldman Sachs

David Vernon - Bernstein


Greetings. Welcome to Union Pacific Fourth Quarter 2020 Conference Call. At this time, all participants are in a listen-only mode. A brief question-and-answer session will follow the formal presentation. [Operator Instructions] As a reminder, this conference is being recorded and the slides for today’s presentation are available on Union Pacific’s website.

It is now my pleasure to introduce your host, Mr. Lance Fritz, Chairman, President and CEO for Union Pacific. Mr. Fritz, you may now begin.

Lance Fritz

Thank you very much, Rob, and good morning, everybody. And welcome to Union Pacific’s fourth quarter earnings conference call. I apologize for the delay. Our service provider was experiencing technical difficulties this morning. We will handle any necessary and appropriate public disclosures after the call. With me today in Omaha are Eric Gehringer, Executive Vice President of Operations; Kenny Rocker, Executive Vice President of Marketing and Sales; and Jennifer Hamann, our Chief Financial Officer.

Before discussing our fourth quarter and full year results, I must first

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