CSX Corp (STU:CXR)
€ 33.29 -0.815 (-2.39%) Market Cap: 64.77 Bil Enterprise Value: 81.31 Bil PE Ratio: 18.98 PB Ratio: 5.26 GF Score: 86/100

CSX Corp at Bank of America Merrill Lynch Transportation and Industrials Conference (Virtual) Transcript

May 12, 2020 / 12:00PM GMT
Release Date Price: €21.26
Kenneth Scott Hoexter
BofA Merrill Lynch, Research Division - MD and Co-Head of the Industrials

Great. Good morning, and welcome to day 2 of BofA's 27th annual transportation and industrial conference, in virtual format.

I'm Ken Hoexter, BofA's air freight and surface transportation and marine transportation analyst. Welcome, and good morning.

First up on day 2, we've got Kevin Boone from CSX Corp., the Chief Financial Officer, EVP. Also joining is Bill Slater, Head of Investor Relations. Kevin has been CSX' CFO for a year now since May of 2019, although joined interim back in October, having joined back in September of 2017 during Hunter's PSR revamp. We welcome CSX for its 12th consecutive year and now 17th time in the 19 years we've been hosting the conference. Among many other companies, but CSX withdrew its guidance for 2020, holding its CapEx to the low part of its $1.6 billion to $1.7 billion target range.

So with that, I'm just going to toss it over to Kevin for a couple-minute intro, and then we'll jump into Q&A. (Operator Instructions) But Kevin, with that, let

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