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West Fraser Timber Co., Ltd. - WFG STOCK NEWS

Welcome to our dedicated news page for West Fraser Timber Co., Ltd. (Ticker: WFG), a resource for investors and traders seeking the latest updates and insights on West Fraser Timber Co., Ltd..

Our selection of high-quality news articles is accompanied by an expert summary from Rhea-AI, detailing the impact and sentiment surrounding the news at the time of release, providing a deeper understanding of how each news could potentially affect West Fraser Timber Co., Ltd.'s stock performance. The page also features a concise end-of-day stock performance summary, highlighting the actual market reaction to each news event. The list of tags makes it easy to classify and navigate through different types of news, whether you're interested in earnings reports, stock offerings, stock splits, clinical trials, fda approvals, dividends or buybacks.

Designed with both novice traders and seasoned investors in mind, our page aims to simplify the complex world of stock market news. By combining real-time updates, Rhea-AI's analytical insights, and historical stock performance data, we provide a holistic view of West Fraser Timber Co., Ltd.'s position in the market.

Rhea-AI Summary
West Fraser Timber Co. Ltd. (WFG) has declared a quarterly dividend of US$0.30 per share on the Common shares and Class B Common shares, payable on January 15, 2024. The company also announced the appointment of Sean McLaren as the new President and CEO, succeeding Ray Ferris.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
6.57%
Tags
management dividends
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Rhea-AI Summary
West Fraser Timber Co. Ltd. (WFG) Completes Acquisition of Spray Lake Sawmills in Cochrane, Alberta
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
-- %
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Rhea-AI Summary
West Fraser Timber reports Q3-23 results with sales of $1.705B and earnings of $159M. Adjusted EBITDA at $325M. Company announces acquisition of Spray Lake Sawmills for CAD$140M and sale of two pulp mills for $120M. CEO to retire and new CEO appointed. Outlook remains positive for new home construction and wood building products.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
1.18%
Tags
Rhea-AI Summary
West Fraser Timber Co. Ltd. to hold analysts' conference call to discuss Q3 2023 financial and operating results.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
-1.24%
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-
Rhea-AI Summary
West Fraser Timber Co. Ltd. and Atlas Holdings announced the sale of West Fraser's Quesnel River Pulp mill and Slave Lake Pulp mill to Atlas. The combined total cash proceeds from the sale are US$120 million. The mills will be operated by Millar Western Forest Products. West Fraser aims to focus on being the premier wood building products company in North America. The transaction is anticipated to close following regulatory reviews and satisfaction of closing conditions.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
0.3%
Tags
none
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News
Rhea-AI Summary
West Fraser Timber Co. Ltd. declares quarterly dividend of US$0.30 per share on Common shares and Class B Common shares.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
-0.7%
Tags
dividends
Rhea-AI Summary
West Fraser Timber Co. Ltd. announces agreement to acquire Spray Lake Sawmills in Cochrane, Alberta for CDN$140 million, expanding its footprint in Southern Alberta and treated wood business.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
-1.98%
Tags
-
Rhea-AI Summary
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
-0.63%
Tags
management
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Rhea-AI Summary
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
-2.04%
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Rhea-AI Summary
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
0.97%
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West Fraser Timber Co., Ltd.

NYSE:WFG

WFG Rankings

WFG Stock Data

6.50B
53.10M
33.1%
46.58%
0.79%
Timber Tract Operations
Agriculture, Forestry, Fishing and Hunting
Link
Canada
Vancouver

About WFG

west fraser has been named one of canada's 10 most admired corporate cultures (2014) and one of canada's 10 best companies to work for. 2016 marks the 3rd time the company has been recognized as one of canada's top 100 employers. our investments in modern, competitive manufacturing facilities, product innovation and bioenergy are adding up to a bright future. www.westfraser.com/jobs