WFG
NYSE:WFG
West Fraser
- Stock
102.82
+0.73%
0.75
news - Aug 12, 2025 - 21:40
B.C. investing $35 million to help industry reduce emissions
The British Columbia government has announced a $35 million investment this year to support industrial adoption of clean technologies, including carbon capture, energy efficiency improvements, and methane emission reductions. Funding will be provided through the CleanBC industry fund, which supports large industrial operators in cutting emissions. Examples of funded projects include electrifying oil and gas operations, improving manufacturing energy efficiency, and capturing methane at landfills. Previous recipients include Domtar Inc., Teck Resources, Canfor Pulp, and West Fraser Mills. The City of Vancouver used funds in 2024 to capture methane at its landfill site.
pentictonwesternnews.comnews - Jul 31, 2025 - 12:58
Scotiabank Sticks to Its Buy Rating for West Fraser Timber Co (WFG)
Scotiabank maintains a Buy rating on West Fraser Timber Co (WFG) with a price target of $100.00, while RBC Capital also gave a Buy rating, and TR | OpenAI reiterated a Hold rating. The company reported $1.46 billion in quarterly revenue and $42 million in net profit, compared to $1.63 billion and $35 million in the prior year.
theglobeandmail.comnews - Jul 29, 2025 - 09:19
B.C. lumber industry reacts to U.S. softwood duty hike
The British Columbia lumber industry and Canadian government officials expressed disappointment over the U.S. Department of Commerce's decision to increase anti-dumping duties on softwood lumber to 20.56%, with combined countervailing duties potentially raising total rates to 34.94%. The move has sparked a decades-long dispute between Canada and the U.S., with Canadian producers arguing the tariffs unfairly penalize forestry workers and increase costs for American homebuilders. Local organizations have called for policy changes to support the industry.
wltribune.comnews - Jul 25, 2025 - 09:56
Weyerhaeuser's Q2 Earnings: A Glimmer of Resilience in a Challenged Sector
Weyerhaeuser's Q2 2025 earnings report showed a modest revenue and EPS beat, but underlying challenges in core business segments and industry-wide headwinds cast doubt on sustainability. Key factors included one-time gains in Real Estate & ENR and Wood Products segments, while declining Adjusted EBITDA and sector-wide softness in construction demand raised concerns. The company's pivot to carbon credits and sustainability initiatives faces scrutiny amid broader industry struggles.
ainvest.comnews - Jul 22, 2025 - 12:27
West Fraser Timber (NYSE:WFG) Receives Market Perform Rating from Raymond James Financial
Raymond James Financial reaffirmed a 'market perform' rating for West Fraser Timber (WFG), while other analysts adjusted their price targets and ratings. The stock fell 2.0% to $72.58, with a market cap of $5.57 billion and a P/E ratio of -426.91. The company reported Q1 earnings of $0.46 EPS, missing estimates, and announced a $0.32 quarterly dividend. Hedge funds like Ameritas Advisory Services LLC and Goldman Sachs adjusted their stakes in the company.
marketbeat.comDescription
West Fraser Timber Co. Ltd., a diversified wood products company, engages in manufacturing, selling, marketing, and distributing lumber, engineered wood products, pulp, newsprint, wood chips, and other residuals and renewable energy. It offers spruce-pine-fir and southern yellow pine lumber, treated wood products, medium density fiberboard panels and plywood, oriented strand bo...Show More
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*Estimate based on analyst consensus