West Fraser Timber Co. Ltd.

West Fraser Timber Co. Ltd. is a diversified wood products company, which engages in producing lumber, engineered wood products (oriented strand board, laminated veneer lumber, medium density fiberboard, plywood, and particleboard), pulp, newsprint, wood chips, other residuals and renewable energy. Its products are used in home construction, repair and remodeling, industrial applications, papers, tissue, and box materials. The firm operates through the following segments: Lumber, North America Engineered Wood Products, Pulp & Paper, Europe Engineered Wood Products, and Corporate. The company was founded by Henry Holman Ketcham Jr, Samuel Kendall Ketcham, and William Peters Ketcham on January 28, 1955 and is headquartered in Vancouver, Canada.

Earnings data Q1 2021

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West Fraser Timber Co. Ltd. engages in the production of lumber and engineered wood products. It operates through the following business segments: Lumber, North America Engineered Wood Products (NA EWP), Pulp and Paper, Europe Engineered Wood Products (Europe EWP), and Corporate and Other. The Lumber segment refers to the manufacturing, selling, marketing, and distributing lumber. The NA EWP segment includes North American OSB, plywood, MDF, and LVL operations. The Pulp and Paper segment is involved in the production of pulp and paper mill. The Europe EWP segment operates the U.K. and Belgium OSB, MDF, and particleboard. The Corporate and Other segment relates to other wood products and related activities. The company was founded by Henry Holman Jr Ketcham, Samuel Kendall Ketcham, and William Peters Ketcham on January 28, 1955 and is headquartered in Vancouver, Canada.

West Fraser Timber's share price has fallen 25.1% year to date, resulting in a trailing P/E of 2.98. Building materials have been expensive in the last two years, making trailing P/E not useful for assessing the company.

West Fraser: A Buy At Current Valuation

D.R. Horton

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West Fraser has a history of excellent financial performance, growing revenue, profitability, and shareholder value in recent years. The company's capital allocation strategy has allowed it to make value generative acquisitions, while returning shareholder capital at high rates.

West Fraser Timber Is An Undervalued Gem

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VANCOUVER, BC , Aug. 9, 2022 /PRNewswire/ - West Fraser Timber Co. Ltd. ("West Fraser" or the "Company") (TSX and NYSE: WFG) announced today it is permanently curtailing approximately 170 million board feet of combined production at its Fraser Lake and Williams Lake sawmills and approximately 85 million square feet of plywood production at its Quesnel Plywood mill.

WEST FRASER AMENDS ITS BRITISH COLUMBIA OPERATING PLAN

West Fraser Timber Co. Ltd. (NYSE:WFG ) Q2 2022 Earnings Conference Call July 28, 2022 11:30 AM ET Company Participants Ray Ferris - President and Chief Executive Officer Chris Virostek - Chief Financial Officer Chris McIver - Senior Vice President, Marketing and Corporate Development Conference Call Participants Sean Steuart - TD Hamir Patel - CIBC Mark Wilde - BMO Paul Quinn - RBC Operator Good morning, ladies and gentlemen, and welcome to the West Fraser Q2 2022 Results Conference Call.

West Fraser Timber Co. Ltd. (WFG) CEO Ray Ferris on Q2 2022 Results - Earnings Call Transcript

VANCOUVER, BC , July 27, 2022 /PRNewswire/ - West Fraser Timber Co. Ltd. ("West Fraser" or the "Company") (TSX and NYSE: WFG) reported today the second quarter results of 2022 ("Q2 2022").

WEST FRASER ANNOUNCES SECOND QUARTER 2022 RESULTS

VANCOUVER, BC , July 19, 2022 /PRNewswire/ - West Fraser Timber Co. Ltd. ("West Fraser" or the "Company") (TSX and NYSE: WFG) today issued the following statement: The Company is aware of recent market and media speculation.

West Fraser Issues Statement

An unsolicited offer for the wood products company has investors thinking a deal, with a big premium, might get done.

Why West Fraser Timber Stock Rocketed 24% in Early Trading Today

West Fraser Timber Co. Ltd. shares jumped 21% in premarket trades after Reuters reported the company received an expression of interest for an acquisition by CVC Capital and Kronospan Ltd.

West Fraser Timber rallies on Reuters report of potential buyout by private equity firms

Private equity firm CVC Capital and wood panel manufacturer Kronospan have submitted a joint expression of interest to acquire Canadian lumber company West Fraser Timber Co, people familiar with the matter said on Tuesday.

Exclusive-CVC, Kronospan in joint bid for West Fraser Timber-sources

VANCOUVER, BC , June 8, 2022 /PRNewswire/ - West Fraser Timber Co. Ltd. ("West Fraser" or the "Company") (TSX and NYSE: WFG) has declared a quarterly dividend of US$0.30 per share on the Common shares and Class B Common shares in the capital of the Company, payable on July 8, 2022 to shareholders of record on June 22, 2022.

WEST FRASER INCREASES QUARTERLY DIVIDEND

VANCOUVER, BC , June 7, 2022 /PRNewswire/ - West Fraser Timber Co. Ltd. ("West Fraser" or the "Company") (TSX and NYSE: WFG) announced today that it has taken up and purchased for cancellation a total of 11,898,205 common shares ("Shares") at a price of US$95.00 per Share under its substantial issuer bid ("SIB") for an aggregate purchase price of approximately US$1.130 billion.

WEST FRASER ANNOUNCES SUCCESSFUL COMPLETION OF SUBSTANTIAL ISSUER BID, EXTENDING RECORD OF CAPITAL RETURNS

VANCOUVER, BC , June 3, 2022 /PRNewswire/ - West Fraser Timber Co. Ltd. ("West Fraser" or the "Company") (TSX: WFG) (NYSE: WFG) announced today the preliminary results of its substantial issuer bid ("SIB"), pursuant to which West Fraser offered to purchase for cancellation up to US$1.25 billion of its common shares ("Shares").

WEST FRASER ANNOUNCES PRELIMINARY RESULTS OF SUBSTANTIAL ISSUER BID

Investment in housing down-ticked because materials in the later stages of the building cycle haven't been available. This has slowed down timelines for new developments too and put more of a wedge between realized housing and housing needs.

West Fraser Timber Has Pent-Up Demand On Material Shortages

The market has developed a bout of recency bias and is convinced that any cooling in the housing market must portend an impending collapse. WFG Q1 2022 earnings were outstanding on the top and bottom lines and cash generation remains crazy strong and the capital allocation strategy remains well intact.

West Fraser Timber: A Valuation Refresh After An Awesome First Quarter

West Fraser Timber Co. Ltd. (NYSE:WFG ) Q1 2022 Earnings Conference Call April 29, 2022 11:30 AM ET Company Participants Ray Ferris - President and Chief Executive Officer Chris Virostek - Chief Financial Officer Chris McIver - Senior Vice President, Marketing and Corporate Development Conference Call Participants Sean Steuart - TD Securities Hamir Patel - CIBC Capital Markets Mark Wilde - BMO Paul Quinn - RBC Capital Markets Operator Good morning, ladies and gentlemen and welcome to West Fraser's Q1 2022 Results Conference Call.

West Fraser Timber Co. Ltd. (WFG) CEO Ray Ferris on Q1 2022 Results - Earnings Call Transcript

VANCOUVER, BC , April 28, 2022 /PRNewswire/ - West Fraser Timber Co. Ltd. ("West Fraser" or the "Company") (TSX and NYSE: WFG)  reported today the first quarter results of 2022 ("Q1 2022").

WEST FRASER ANNOUNCES FIRST QUARTER 2022 RESULTS

VANCOUVER, BC , April 20, 2022 /PRNewswire/ - West Fraser Timber Co. Ltd. ("West Fraser" or the "Company") (TSX and NYSE: WFG) announced today that its board of directors (the "Board") has approved the commencement of a substantial issuer bid (the "Offer") pursuant to which the Company will offer to purchase from shareholders for cancellation up to US$1.25 billion of its outstanding Common shares (the "Shares").

WEST FRASER ANNOUNCES US$1.25 BILLION SUBSTANTIAL ISSUER BID

Shift to a leaner operation will also reduce environmental footprint VANCOUVER, BC , April 5, 2022 /PRNewswire/ - West Fraser Timber Co. Ltd. ("West Fraser" or the "Company") (TSX and NYSE: WFG) announced today that it will permanently reduce capacity at its pulp mill in Hinton, Alberta ("Hinton Pulp") by the end of this year.

WEST FRASER'S HINTON PULP TO REDUCE PRODUCTION CAPACITY AND MOVE TO UNBLEACHED KRAFT PULP

VANCOUVER, BC , March 31, 2022 /PRNewswire/ - West Fraser Timber Co. Ltd. ("West Fraser" or the "Company") (TSX and NYSE: WFG) will hold an analysts' conference call to discuss first quarter 2022 financial and operating results on Friday, April 29, 2022 at 8:30 a.m.

West Fraser Timber Co. Ltd. - Notice of First Quarter Results Conference Call

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