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Weyerhaeuser Co. - WY STOCK NEWS

Welcome to our dedicated news page for Weyerhaeuser Co. (Ticker: WY), a resource for investors and traders seeking the latest updates and insights on Weyerhaeuser Co..

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 Weyerhaeuser Co.'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 Weyerhaeuser Co.'s position in the market.

Rhea-AI Summary
Weyerhaeuser Company (NYSE: WY) announced the sale of nearly 32,000 forest carbon credits at $29 per credit, marking its first transaction in the voluntary carbon market. The agreement represents the sale of all credits issued by ACR for the first year of the company's Kibby Skinner Improved Forest Management (IFM) Project in Maine. Weyerhaeuser plans to immediately retire these credits on behalf of the buyer. The company is currently developing several IFM projects on select areas within its 11-million-acre land base in the U.S., including two in the U.S. South anticipated to be approved in 2024. Weyerhaeuser is working with Carbon Direct to deliver scientifically robust, high-quality forest carbon credits. The company is committed to offering only the highest-quality credits to the market and believes it is uniquely positioned to scale its credit offerings as companies increasingly look to reduce and offset their emissions and reach their net-zero commitments.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
0.38%
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Rhea-AI Summary
Weyerhaeuser Company (NYSE: WY) to Hold Webcast and Conference Call on January 26 to Discuss Fourth Quarter 2023 Results
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
-1.02%
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Rhea-AI Summary
Weyerhaeuser Company (NYSE: WY) has entered into purchase and sale agreements with Forest Investment Associates to divest approximately 69,600 acres in Upstate South Carolina for $170 million and to purchase approximately 60,700 acres of high-quality timberlands in Coastal North Carolina, South Carolina, and Mississippi for $163 million. The acquisition includes mature, highly productive acreage integrated with existing Weyerhaeuser timberlands and mill operations, with an expected average harvest of 6.9 tons per acre annually over the first five years. The company expects an average Adjusted EBITDA from timber operations of approximately $130 per acre annually over the first five years. Weyerhaeuser aims to optimize its Southern Timberlands portfolio, improve cash flow, and create long-term value for shareholders through this transaction.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
1.24%
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none
Rhea-AI Summary
Weyerhaeuser Company (NYSE: WY) declares a quarterly base cash dividend of $0.19 per share, payable on December 15, 2023, to holders of record as of December 1, 2023. The company plans to supplement the base dividend with additional variable cash to achieve a targeted total return to shareholders of 75 to 80 percent of annual Adjusted Funds Available for Distribution (Adjusted FAD).
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Rhea-AI Sentiment
End-of-Day
1.34%
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dividends
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Rhea-AI Summary
Weyerhaeuser Company (NYSE: WY) Announces $5 Million THRIVE Program to Support Rural Operating Communities in North America
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-0.66%
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Rhea-AI Summary
Weyerhaeuser Company reported Q3 net earnings of $239 million, a decrease compared to the same period last year. Adjusted EBITDA increased by 9% to $509 million. The company received approval for its first forest carbon credits. Q4 earnings and Adjusted EBITDA are expected to be comparable to Q3.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
-1.34%
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Rhea-AI Summary
Weyerhaeuser Company will release Q3 2023 results on October 26 after market close. A webcast and conference call will be held on October 27 to discuss the results.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
-1.68%
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Rhea-AI Summary
Weyerhaeuser receives approval for its IFM carbon credit project in Maine, generating nearly 32,000 mtCO2e credits and expected to generate 475,000 credits over its lifetime. The company is developing more IFM projects in the US. Partnership with Carbon Direct ensures high-quality credits.
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Rhea-AI Sentiment
End-of-Day
-1.8%
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Rhea-AI Summary
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Rhea-AI Sentiment
End-of-Day
-0.36%
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dividends
Rhea-AI Summary
Weyerhaeuser Company (NYSE: WY) Appoints James 'Joc' C. O'Rourke of The Mosaic Company to Its Board of Directors
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Rhea-AI Sentiment
End-of-Day
-0.69%
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management
Weyerhaeuser Co.

NYSE:WY

WY Rankings

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24.25B
726.74M
0.27%
86%
0.9%
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About WY

we manage forests and manufacture products that make the world a better place. we’re serious about safety, driven to achieve excellence, and proud of what we do. with multiple business lines in locations around the world, we offer a range of exciting careers opportunities for smart, talented people who are passionate about making a difference.