BRIEF-CP Railway sees Q2 crude pick-up, cautious on outlook -CMO

Jan 23 (Reuters) - Canadian Pacific Railway Ltd:

* CANADIAN PACIFIC RAILWAY LTD HAS NEW MULTI-YEAR AGREEMENT WITH SUNCOR ENERGY, EDMONTON TO VANCOUVER -CHIEF MARKETING OFFICER

* CP MOVED APPROXIMATELY 25,000 CARLOADS OF CRUDE IN Q4, A LARGE CONTRIBUTOR TO ENERGY, CHEMICALS, PLASTICS REVENUE GROWTH OF 46 PERCENT -CMO

* CP SEES STRONG CANADIAN GRAIN MARKET THROUGH FIRST HALF OF 2019, 'ONGOING UNCERTAINTY' FOR U.S. MARKET -CMO

* CP RECENTLY SIGNED MULTIYEAR AGREEMENT WITH NEW CUSTOMER TO DELIVER REFINED FUELS INTO SOUTHERN ONTARIO MARKET-CMO

* CP SEES ANNUAL CRUDE RUN RATE INCREASING TO 120,000 RAILCARS MOVING INTO Q2 FROM 100,000 RUN RATE IN Q4 -EXEC

* CP CRUDE SHIPPERS 'BULLISH' THAT ALBERTA CRUDE PIPELINE BOTTLENECK, TEMPORARY PRODUCTION CURTAILMENT WILL GET 'SORTED OUT' -EXEC

* CP CAUTIOUS ON CRUDE BY RAIL VOLUMES UNTIL ALBERTA WORKS OUT CURTAILMENTS AND PLANS TO BUY RAIL CARS -CMO

* CP SHOULD SEE LOW-SINGLE DIGIT INCREASE IN 2019 FREE CASH FLOW FROM C$1.3 BILLION IN 2018 -EXEC

* CP SEES DOLLORAMA AS C$30 MILLION-C$50 MILLION OPPORTUNITY, SUNCOR C$20-PLUS MILLION NEAR-TERM OPPORTUNITY THAT MAY DOUBLE IN LATER YEARS -CMO Source text for Eikon: Further company coverage: (Reporting by Susan Taylor)