West Fraser Timber Co. Ltd., a diversified wood products company, produces and sells lumber, panels, and pulp and papers in western Canada and the southern United States. It offers spruce-pine-fir, Douglas Fir-Larch, Hem-Fir tree, and southern yellow pine lumber; treated wood products; and newsprint, wood chips, and other residuals and energy products, as well as bioproducts. The company also provides medium density fiberboard panels and plywood; laminated veneer lumber wood products; and northern bleached softwood Kraft pulp used to produce various paper products, including printing and writing papers, specialty grades, and various tissue products. In addition, it offers bleached chemical thermo-mechanical pulp that is used to produce coated board grades, printing and writing paper, and paper towel/napkin grades, as well as specialty papers and tissue grades. The company also exports lumber to the Far East, Asia, the Caribbean, Europe, the Middle East, and South America. West Fraser Timber Co. Ltd. was founded in 1955 and is based in Vancouver, Canada.
IPO Year: 2021
Exchange: NYSE
Website: westfraser.com
| Date | Price Target | Rating | Analyst |
|---|---|---|---|
| 1/21/2025 | $120.00 → $115.00 | Strong Buy → Outperform | Raymond James |
| 7/24/2023 | $105.00 → $120.00 | Outperform → Strong Buy | Raymond James |
| 1/24/2023 | $100.00 → $95.00 | Neutral → Outperform | Credit Suisse |
| 11/23/2022 | $100.00 | Neutral | Credit Suisse |
| 6/23/2022 | $120.00 → $105.00 | Buy | TD Securities |
| 1/10/2022 | Neutral → Sector Outperform | CIBC | |
| 10/21/2021 | Sector Outperform → Neutral | CIBC |
VANCOUVER, BC, April 23, 2025 /PRNewswire/ - West Fraser Timber Co. Ltd. ("West Fraser" or the "Company") (TSX and NYSE:WFG) announced the voting results from its Annual General Meeting held on Wednesday, April 23, 2025 in Quesnel, B.C. Voting Results for the Election of Directors A total of 60,282,131 Common shares and Class B Common shares were voted at the meeting, representing 75.75% of the votes attached to all outstanding shares. Shareholders voted in favour of all items of business before the meeting, including the election of all director nominees as follows: Director Votes For % of Votes in Favour Votes Withheld % of Votes Withheld Hank Ketcham 52,742,263 90.39 5,609,861 9.61 Doyl
VANCOUVER, BC, April 22, 2025 /PRNewswire/ - West Fraser Timber Co. Ltd. ("West Fraser" or the "Company") (TSX and NYSE:WFG) reported today the first quarter results of 2025 ("Q1-25"). All dollar amounts in this news release are expressed in U.S. dollars unless noted otherwise. First Quarter Highlights Sales of $1.459 billion and earnings of $42 million, or $0.46 per diluted shareAdjusted EBITDA1 of $195 million, representing 13% of salesLumber segment Adjusted EBITDA1 of $66 millionNorth America Engineered Wood Products ("NA EWP") segment Adjusted EBITDA1 of $125 millionPulp & Paper segment Adjusted EBITDA1 of $7 millionEurope Engineered Wood Products ("Europe EWP") segment Adjusted EBI
VANCOUVER, B.C., April 3, 2025 /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 2025 financial and operating results on Wednesday, April 23, 2025 at 7:00 a.m. Pacific Time/10:00 a.m. Eastern Time. To participate in the call, please dial: 1-888-510-2154 (Toll-free North America) or (437) 900-0527 (Toll number) or connect on the webcast. Please let the operator know you wish to participate in the West Fraser conference call chaired by Mr. Sean McLaren, President and Chief Executive Officer. Following management's discussion of the quarterly results, the analyst community will be invi
VANCOUVER, BC, Feb. 27, 2025 /PRNewswire/ - West Fraser Timber Co. Ltd. ("West Fraser" or the "Company") (TSX and NYSE:WFG) announced today that the Toronto Stock Exchange ("TSX") has accepted West Fraser's notice to renew its normal course issuer bid ("NCIB"). Under the renewed NCIB, West Fraser will be entitled to purchase up to 3,868,177 Common shares ("Shares") of the Company, representing approximately 5% of the 77,363,551 Shares issued and outstanding as at February 18, 2025. The NCIB will commence on March 3, 2025. The purpose of the NCIB is to enable the Company to return capital to shareholders by way of repurchases of Shares, including when the Company believes its Shares are under
VANCOUVER, BC, Feb. 12, 2025 /PRNewswire/ - West Fraser Timber Co. Ltd. ("West Fraser" or the "Company") (NYSE:WFG) announced today that it filed its 2024 annual report on Form 40-F with the SEC on EDGAR (www.sec.gov/edgar). The Form 40-F includes the Company's audited financial statements for the year ended December 31, 2024, annual management's discussion and analysis ("MD&A") and annual information form, each of which have been filed with Canadian securities authorities on SEDAR+ (www.sedarplus.ca). These documents are also available in the investors section of the Company's website at www.westfraser.com and a hard copy will be provided to shareholders free of charge upon request to share
VANCOUVER, BC, Feb. 12, 2025 /PRNewswire/ - West Fraser Timber Co. Ltd. ("West Fraser" or the "Company") (TSX and NYSE:WFG) reported today the fourth quarter results of 2024 ("Q4-24"). All dollar amounts in this news release are expressed in U.S. dollars unless noted otherwise. Fourth Quarter Highlights Sales of $1.405 billion and loss of $62 million, or $(0.80) per diluted shareAdjusted EBITDA1 of $140 million, representing 10% of sales Lumber segment Adjusted EBITDA1 of $21 million North America Engineered Wood Products ("NA EWP") segment Adjusted EBITDA1 of $127 millionPulp & Paper segment Adjusted EBITDA1 of $(10) million Europe Engineered Wood Products ("Europe EWP") segment Adjust
VANCOUVER, BC, Jan. 23, 2025 /PRNewswire/ - West Fraser Timber Co. Ltd. ("West Fraser" or the "Company") (TSX and NYSE:WFG) will hold an analysts' conference call to discuss fourth quarter 2024 financial and operating results on Thursday, February 13, 2025 at 8:30 a.m. Pacific Time/11:30 a.m. Eastern Time. To participate in the call, please dial: 1-888-510-2154 (Toll-free North America) or (437) 900-0527 (Toll number) or connect on the webcast. Please let the operator know you wish to participate in the West Fraser conference call chaired by Mr. Sean McLaren, President and Chief Executive Officer. Following management's discussion of the quarterly results, the analyst community will be inv
VANCOUVER, BC, Dec. 11, 2024 /PRNewswire/ - West Fraser Timber Co. Ltd. ("West Fraser" or the "Company") (TSX and NYSE:WFG) has declared a quarterly dividend of US$0.32 per share on the Common shares and Class B Common shares in the capital of the Company, payable on January 14, 2025 to shareholders of record on December 27, 2024. Dividends are designated to be eligible dividends pursuant to subsection 89(14) of the Income Tax Act (Canada) and any applicable provincial legislation pertaining to eligible dividends. Dividends are declared and payable in U.S. dollars. Shareholders may elect to receive their dividends in Canadian dollars. Details regarding the election procedure are available o
VANCOUVER, BC, Oct. 23, 2024 /PRNewswire/ - West Fraser Timber Co. Ltd. ("West Fraser" or the "Company") (NYSE:WFG) reported today the third quarter results of 2024 ("Q3-24"). All dollar amounts in this news release are expressed in U.S. dollars unless noted otherwise. Third Quarter Highlights Sales of $1.437 billion and earnings of $(83) million, or $(1.03) per diluted share Adjusted EBITDA1 of $62 million, representing 4% of sales Lumber segment Adjusted EBITDA1 of $(62) million, including $32 million of export duty expense attributable to the finalization of AR5 North America Engineered Wood Products ("NA EWP") segment Adjusted EBITDA1 of $121 millionPulp & Paper segment Adjusted EB
VANCOUVER, BC, Oct. 3, 2024 /PRNewswire/ - West Fraser Timber Co. Ltd. ("West Fraser" or the "Company") (NYSE:WFG) will hold an analysts' conference call to discuss third quarter 2024 financial and operating results on Thursday, October 24, 2024 at 8:30 a.m. Pacific Time/11:30 a.m. Eastern Time. To participate in the call, please dial: 1-888-510-2154 (Toll-free North America) or (437) 900-0527 (Toll number) or connect on the webcast. Please let the operator know you wish to participate in the West Fraser conference call chaired by Mr. Sean McLaren, President and Chief Executive Officer. Following management's discussion of the quarterly results, the analyst community will be invited to ask
VANCOUVER, BC, April 22, 2025 /PRNewswire/ - West Fraser Timber Co. Ltd. ("West Fraser" or the "Company") (TSX and NYSE:WFG) reported today the first quarter results of 2025 ("Q1-25"). All dollar amounts in this news release are expressed in U.S. dollars unless noted otherwise. First Quarter Highlights Sales of $1.459 billion and earnings of $42 million, or $0.46 per diluted shareAdjusted EBITDA1 of $195 million, representing 13% of salesLumber segment Adjusted EBITDA1 of $66 millionNorth America Engineered Wood Products ("NA EWP") segment Adjusted EBITDA1 of $125 millionPulp & Paper segment Adjusted EBITDA1 of $7 millionEurope Engineered Wood Products ("Europe EWP") segment Adjusted EBI
VANCOUVER, B.C., April 3, 2025 /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 2025 financial and operating results on Wednesday, April 23, 2025 at 7:00 a.m. Pacific Time/10:00 a.m. Eastern Time. To participate in the call, please dial: 1-888-510-2154 (Toll-free North America) or (437) 900-0527 (Toll number) or connect on the webcast. Please let the operator know you wish to participate in the West Fraser conference call chaired by Mr. Sean McLaren, President and Chief Executive Officer. Following management's discussion of the quarterly results, the analyst community will be invi
VANCOUVER, BC, Feb. 12, 2025 /PRNewswire/ - West Fraser Timber Co. Ltd. ("West Fraser" or the "Company") (TSX and NYSE:WFG) reported today the fourth quarter results of 2024 ("Q4-24"). All dollar amounts in this news release are expressed in U.S. dollars unless noted otherwise. Fourth Quarter Highlights Sales of $1.405 billion and loss of $62 million, or $(0.80) per diluted shareAdjusted EBITDA1 of $140 million, representing 10% of sales Lumber segment Adjusted EBITDA1 of $21 million North America Engineered Wood Products ("NA EWP") segment Adjusted EBITDA1 of $127 millionPulp & Paper segment Adjusted EBITDA1 of $(10) million Europe Engineered Wood Products ("Europe EWP") segment Adjust
VANCOUVER, BC, Jan. 23, 2025 /PRNewswire/ - West Fraser Timber Co. Ltd. ("West Fraser" or the "Company") (TSX and NYSE:WFG) will hold an analysts' conference call to discuss fourth quarter 2024 financial and operating results on Thursday, February 13, 2025 at 8:30 a.m. Pacific Time/11:30 a.m. Eastern Time. To participate in the call, please dial: 1-888-510-2154 (Toll-free North America) or (437) 900-0527 (Toll number) or connect on the webcast. Please let the operator know you wish to participate in the West Fraser conference call chaired by Mr. Sean McLaren, President and Chief Executive Officer. Following management's discussion of the quarterly results, the analyst community will be inv
VANCOUVER, BC, Dec. 11, 2024 /PRNewswire/ - West Fraser Timber Co. Ltd. ("West Fraser" or the "Company") (TSX and NYSE:WFG) has declared a quarterly dividend of US$0.32 per share on the Common shares and Class B Common shares in the capital of the Company, payable on January 14, 2025 to shareholders of record on December 27, 2024. Dividends are designated to be eligible dividends pursuant to subsection 89(14) of the Income Tax Act (Canada) and any applicable provincial legislation pertaining to eligible dividends. Dividends are declared and payable in U.S. dollars. Shareholders may elect to receive their dividends in Canadian dollars. Details regarding the election procedure are available o
VANCOUVER, BC, Oct. 23, 2024 /PRNewswire/ - West Fraser Timber Co. Ltd. ("West Fraser" or the "Company") (NYSE:WFG) reported today the third quarter results of 2024 ("Q3-24"). All dollar amounts in this news release are expressed in U.S. dollars unless noted otherwise. Third Quarter Highlights Sales of $1.437 billion and earnings of $(83) million, or $(1.03) per diluted share Adjusted EBITDA1 of $62 million, representing 4% of sales Lumber segment Adjusted EBITDA1 of $(62) million, including $32 million of export duty expense attributable to the finalization of AR5 North America Engineered Wood Products ("NA EWP") segment Adjusted EBITDA1 of $121 millionPulp & Paper segment Adjusted EB
VANCOUVER, BC, Oct. 3, 2024 /PRNewswire/ - West Fraser Timber Co. Ltd. ("West Fraser" or the "Company") (NYSE:WFG) will hold an analysts' conference call to discuss third quarter 2024 financial and operating results on Thursday, October 24, 2024 at 8:30 a.m. Pacific Time/11:30 a.m. Eastern Time. To participate in the call, please dial: 1-888-510-2154 (Toll-free North America) or (437) 900-0527 (Toll number) or connect on the webcast. Please let the operator know you wish to participate in the West Fraser conference call chaired by Mr. Sean McLaren, President and Chief Executive Officer. Following management's discussion of the quarterly results, the analyst community will be invited to ask
VANCOUVER, BC, Sept. 10, 2024 /PRNewswire/ - West Fraser Timber Co. Ltd. ("West Fraser" or the "Company") (NYSE:WFG) has declared a quarterly dividend of US$0.32 per share on the Common shares and Class B Common shares in the capital of the Company, payable on October 11, 2024 to shareholders of record on September 26, 2024. Dividends are designated to be eligible dividends pursuant to subsection 89(14) of the Income Tax Act (Canada) and any applicable provincial legislation pertaining to eligible dividends. Dividends are declared and payable in U.S. dollars. Shareholders may elect to receive their dividends in Canadian dollars. Details regarding the election procedure are available on our
VANCOUVER, BC, July 24, 2024 /PRNewswire/ - West Fraser Timber Co. Ltd. ("West Fraser" or the "Company") (NYSE:WFG) reported today the second quarter results of 2024 ("Q2-24"). All dollar amounts in this news release are expressed in U.S. dollars unless noted otherwise. Second Quarter Highlights Sales of $1.705 billion and earnings of $105 million, or $1.20 per diluted shareAdjusted EBITDA1 of $272 million, representing 16% of salesLumber segment Adjusted EBITDA1 of $(51) millionNorth America Engineered Wood Products ("NA EWP") segment Adjusted EBITDA1 of $308 millionPulp & Paper segment Adjusted EBITDA1 of $9 millionEurope Engineered Wood Products ("Europe EWP") segment Adjusted EBITDA1
VANCOUVER, BC, June 27, 2024 /PRNewswire/ - West Fraser Timber Co. Ltd. ("West Fraser" or the "Company") (NYSE:WFG) will hold an analysts' conference call to discuss second quarter 2024 financial and operating results on Thursday, July 25, 2024 at 8:30 a.m. Pacific Time/11:30 a.m. Eastern Time. To participate in the call, please dial: 1-888-390-0605 (Toll-free North America) or (416) 764-8609 (Toll number) or connect on the webcast. Please let the operator know you wish to participate in the West Fraser conference call chaired by Mr. Sean McLaren, President and Chief Executive Officer. Following management's discussion of the quarterly results, the analyst community will be invited to ask
6-K - WEST FRASER TIMBER CO., LTD (0001402388) (Filer)
6-K - WEST FRASER TIMBER CO., LTD (0001402388) (Filer)
6-K - WEST FRASER TIMBER CO., LTD (0001402388) (Filer)
6-K - WEST FRASER TIMBER CO., LTD (0001402388) (Filer)
6-K - WEST FRASER TIMBER CO., LTD (0001402388) (Filer)
40-F - WEST FRASER TIMBER CO., LTD (0001402388) (Filer)
6-K - WEST FRASER TIMBER CO., LTD (0001402388) (Filer)
6-K - WEST FRASER TIMBER CO., LTD (0001402388) (Filer)
SCHEDULE 13G - WEST FRASER TIMBER CO., LTD (0001402388) (Subject)
6-K - WEST FRASER TIMBER CO., LTD (0001402388) (Filer)
SC 13D/A - WEST FRASER TIMBER CO., LTD (0001402388) (Subject)
SC 13D/A - WEST FRASER TIMBER CO., LTD (0001402388) (Subject)
SC 13G - WEST FRASER TIMBER CO., LTD (0001402388) (Subject)
SC 13D/A - WEST FRASER TIMBER CO., LTD (0001402388) (Subject)
SC 13D/A - WEST FRASER TIMBER CO., LTD (0001402388) (Subject)
SC 13D/A - WEST FRASER TIMBER CO., LTD (0001402388) (Subject)
SC 13G - WEST FRASER TIMBER CO., LTD (0001402388) (Subject)
SC 13G - WEST FRASER TIMBER CO., LTD (0001402388) (Subject)
SC 13D - WEST FRASER TIMBER CO., LTD (0001402388) (Subject)
SC 13G - WEST FRASER TIMBER CO., LTD (0001402388) (Subject)
Raymond James downgraded West Fraser from Strong Buy to Outperform and set a new price target of $115.00 from $120.00 previously
Raymond James upgraded West Fraser from Outperform to Strong Buy and set a new price target of $120.00 from $105.00 previously
Credit Suisse upgraded West Fraser from Neutral to Outperform and set a new price target of $95.00 from $100.00 previously
Credit Suisse initiated coverage of West Fraser with a rating of Neutral and set a new price target of $100.00
TD Securities reiterated coverage of West Fraser with a rating of Buy and set a new price target of $105.00 from $120.00 previously
CIBC upgraded West Fraser from Neutral to Sector Outperform
CIBC downgraded West Fraser from Sector Outperform to Neutral
BMO Capital reiterated coverage of West Fraser Timber with a rating of Outperform and set a new price target of $99.00 from $80.00 previously
Scotiabank resumed coverage of West Fraser Timber with a rating of Outperform
TD Securities reiterated coverage of West Fraser Timber with a rating of and set a new price target of $91.00 from $86.00 previously
VANCOUVER, BC, April 23, 2025 /PRNewswire/ - West Fraser Timber Co. Ltd. ("West Fraser" or the "Company") (TSX and NYSE:WFG) announced the voting results from its Annual General Meeting held on Wednesday, April 23, 2025 in Quesnel, B.C. Voting Results for the Election of Directors A total of 60,282,131 Common shares and Class B Common shares were voted at the meeting, representing 75.75% of the votes attached to all outstanding shares. Shareholders voted in favour of all items of business before the meeting, including the election of all director nominees as follows: Director Votes For % of Votes in Favour Votes Withheld % of Votes Withheld Hank Ketcham 52,742,263 90.39 5,609,861 9.61 Doyl
VANCOUVER, BC, April 24, 2024 /PRNewswire/ - West Fraser Timber Co. Ltd. ("West Fraser" or the "Company") (NYSE:WFG) announced the voting results from its Annual General Meeting held on Wednesday, April 24, 2024 in Quesnel, B.C. Voting Results for the Election of Directors A total of 67,961,345 Common shares and Class B Common shares were voted at the meeting, representing 83.24% of the votes attached to all outstanding shares. Shareholders voted in favour of all items of business before the meeting, including the election of all director nominees as follows: Director Votes For % of Votes in Favour Votes Withheld % of Votes Withheld Hank Ketcham 62,562,698 96.60 2,202,873 3.40 Doyle N. Ben
VANCOUVER, BC, Dec. 12, 2023 /PRNewswire/ - West Fraser Timber Co. Ltd. ("West Fraser" or the "Company") (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 January 15, 2024 to shareholders of record on December 29, 2023. Dividends are designated to be eligible dividends pursuant to subsection 89(14) of the Income Tax Act (Canada) and any applicable provincial legislation pertaining to eligible dividends. Dividends are declared and payable in U.S. dollars. Shareholders may elect to receive their dividends in Canadian dollars. Details regarding the election procedure are available on our
VANCOUVER, BC, Aug. 10, 2023 /PRNewswire/ - Hank Ketcham, Chairman of West Fraser's Board of Directors, ("West Fraser" or the "Company") (NYSE:WFG) announced today that Ray Ferris, our President and Chief Executive Officer, plans to retire on December 31, 2023. Ray has been with West Fraser for over 26 years in increasingly senior positions culminating in his appointment as President and Chief Operating Officer in 2018 and as President and Chief Executive Officer and a director of the Company in 2019. During his tenure as Chief Executive Officer the Company has grown substantially in sales, profits, product mix and geographic diversification. In addition, Ray has driven our strong commitmen
VANCOUVER, BC, May 23, 2023 /PRNewswire/ - West Fraser Timber Co. Ltd. ("West Fraser" or the "Company") (NYSE:WFG) today announced the appointment of Eric L. Butler to its Board of Directors. Eric Butler is an accomplished executive and leader. Following his retirement from a 32-year career with Union Pacific, one of the largest freight rail providers in North America, he is a corporate director and President and CEO of Aswani-Butler Investment Associates, a private equity firm. Currently, he is a member of the Board of Directors of NiSource Inc., and the Eastman Chemicals Company and has served in the past in a number of appointments, including as the former Chair of the Board of the Federa
VANCOUVER, BC, April 18, 2023 /PRNewswire/ - West Fraser Timber Co. Ltd. ("West Fraser" or the "Company") (NYSE:WFG) announced the voting results from its Annual General and Special Meeting held on Tuesday, April 18, 2023 in Quesnel, BC. Voting Results for the Election of Directors A total of 69,696,525 Common shares and Class B Common shares were voted at the meeting, representing 83.41% of the votes attached to all outstanding shares. Shareholders voted in favour of all items of business before the meeting, including the election of all director nominees as follows: Director Votes For % of Votes in Favour Votes Withheld % of Votes Withheld Hank Ketcham 65,972,655 97.19 1,907,222 2.81 Doyl
VANCOUVER, BC, April 20, 2022 /PRNewswire/ - West Fraser Timber Co. Ltd. ("West Fraser" or the "Company") (NYSE:WFG) announced, in accordance with Toronto Stock Exchange requirements, the voting results from its Annual General and Special Meeting held on Wednesday, April 20, 2022 in Quesnel, BC. Voting Results for the Election of DirectorsA total of 84,179,585 Common shares and Class B Common shares were voted at the meeting, representing 79.68% of the votes attached to all outstanding shares. Shareholders voted in favour of all items of business before the meeting, including the election of all director nominees as follows: Director VotesFor % of Votesin Favour VotesWithheld % of VotesWith
VANCOUVER, BC, April 20, 2021 /PRNewswire/ - West Fraser Timber Co. Ltd. ("West Fraser" or the "Company") (NYSE:WFG) announced, in accordance with Toronto Stock Exchange requirements, the voting results from its Annual General Meeting held virtually on Tuesday, April 20, 2021. Voting Results for the Election of Directors A total of 97,727,751 Common shares and Class B Common shares were voted at the meeting, representing 79.32% of the votes attached to all outstanding shares. Shareholders voted in favour of all items of business before the meeting, including the election of all director nominees as follows: Director Votes For % of Votes in Favour Hank Ketcham 92,056,368 98 Reid E. Carter 92