Analyst Coverage

Firm Analyst
Bank of America Securities
Ken Hoexter
Barclays Capital
Brandon Oglenski
Bernstein Research
David Vernon
BMO Capital Markets
Fadi Chamoun
Cleveland Research Company
Chris Johnson
Daiwa Capital Markets
Jairam Nathan
Evercore ISI
Jonathan Chappell
Goldman Sachs
Jordan Alliger
Stephanie Moore
J.P. Morgan
Brian P. Ossenbeck
Loop Capital
Rick Paterson
Morgan Stanley
Ravi Shanker
Raymond James
Patrick Tyler Brown
RBC Capital Markets
Walter Spracklin
Redburn Atlantic
Oliver Holmes
Justin Long
Benjamin J. Nolan
Bascome Majors
TD Cowen
Jason H. Seidl
The Benchmark Company
Nathan P. Martin
Vertical Research Partners
Jeff Kaufman
Wells Fargo
Wolfe Research
Scott Group
Thomas Wadewitz

Union Pacific Railroad Company is followed by the analysts listed. Please note that any opinions, estimates or forecasts regarding Union Pacific Railroad Company's performance made by these analysts are theirs alone and do not represent opinions, forecasts or predictions of Union Pacific Railroad Company or its management. Union Pacific Railroad Company does not by its reference or distribution imply its endorsement of or concurrence with such information, conclusions or recommendations.