8-KRegulation FDExhibits & Filings

NORFOLK SOUTHERN CORP 8-K Report, Regulation FD Disclosure (Dec 2, 2015)

Filed December 2, 2015For Securities:NSC

Summary

Norfolk Southern Corporation (NSC) filed an 8-K on December 2, 2015, primarily disclosing information shared by Executive Vice President Marketing and Chief Marketing Officer Alan Shaw at the Credit Suisse Industrials Conference. The key takeaway for investors is a revision to the company's fourth-quarter 2015 coal volume guidance. Specifically, Norfolk Southern now anticipates transporting 1 to 2 million fewer tons of utility coal than previously projected. This downward revision is attributed to milder weather conditions experienced during the quarter, which has impacted demand for coal used in power generation. The full presentation from the conference, including these details, was made publicly available and included as an exhibit to this filing.

Key Highlights

  • 1Norfolk Southern revised its fourth-quarter 2015 utility coal volume guidance downwards.
  • 2The company now expects to transport 1-2 million fewer tons of utility coal than previously forecast.
  • 3The primary reason cited for the revised guidance is milder weather conditions impacting demand.
  • 4This information was disclosed by Executive Vice President Marketing and Chief Marketing Officer Alan Shaw at the Credit Suisse Industrials Conference.
  • 5The conference was publicly webcast, and Mr. Shaw's presentation was made available.
  • 6The presentation from the conference is included as Exhibit 99.1 to this 8-K filing.

Frequently Asked Questions

The main update is a reduction in Norfolk Southern's forecast for utility coal volumes in the fourth quarter of 2015. They now expect to move 1 to 2 million fewer tons than previously guided.

The company attributes the reduced forecast to milder weather conditions during the fourth quarter, which has led to lower demand for coal used in utility power generation.

Investors can refer to Exhibit 99.1 filed with this 8-K, which contains Mr. Shaw's presentation from the Credit Suisse Industrials Conference where these details were discussed.

Yes, the information was shared during a presentation at the Credit Suisse Industrials Conference, which was publicly webcast, and the presentation was made available as an exhibit to this filing.