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Western Forest Products Inc (WEF.TO)

WEF.TO on Toronto Stock Exchange

1.60CAD
24 May 2019
Change (% chg)

$0.00 (+0.00%)
Prev Close
$1.60
Open
$1.61
Day's High
$1.61
Day's Low
$1.58
Volume
1,326,556
Avg. Vol
750,080
52-wk High
$2.93
52-wk Low
$1.58

Latest Key Developments (Source: Significant Developments)

Western Q1 Earnings Per Share $0.00
Thursday, 2 May 2019 

May 1 (Reuters) - Western Forest Products Inc ::WESTERN ANNOUNCES FIRST QUARTER 2019 RESULTS.Q1 REVENUE C$275.7 MILLION VERSUS C$291.6 MILLION.Q1 EARNINGS PER SHARE $0.00.  Full Article

Western Forest Products Says Michael Waites Has Been Appointed Chair Of Board
Wednesday, 13 Feb 2019 

Feb 12 (Reuters) - Western Forest Products Inc ::WESTERN FOREST PRODUCTS ANNOUNCES BOARD OF DIRECTORS LEADERSHIP TRANSITION.MICHAEL WAITES HAS BEEN APPOINTED AS CHAIR OF BOARD.BOARD HAS COMBINED POSITIONS OF CHAIR OF BOARD AND INDEPENDENT LEAD DIRECTOR.  Full Article

Western Forest Products Reports Q4 EPS Of C$0.02
Wednesday, 13 Feb 2019 

Feb 12 (Reuters) - Western Forest Products Inc ::WESTERN ANNOUNCES FOURTH QUARTER AND FISCAL 2018 RESULTS.Q4 REVENUE C$284.8 MILLION VERSUS C$283.1 MILLION.Q4 EARNINGS PER SHARE C$0.02.Q4 EARNINGS PER SHARE ESTIMATE C$0.03 -- REFINITIV IBES DATA.  Full Article

Western Forest Products Announces Acquisition Of Columbia Vista Corp
Tuesday, 20 Nov 2018 

Nov 20 (Reuters) - Western Forest Products Inc ::WESTERN FOREST PRODUCTS INC ANNOUNCES ACQUISITION OF COLUMBIA VISTA CORPORATION, GROWING ITS SPECIALTY PRODUCTS BUSINESS.WESTERN FOREST PRODUCTS INC - DEAL FOR CONSIDERATION OF US$30.5 MILLION, INCLUDING WORKING CAPITAL OF US$6.7 MILLION.WESTERN FOREST PRODUCTS INC - TRANSACTION WILL BE FINANCED WITH CASH ON HAND AND AVAILABLE CREDIT FACILITIES.WESTERN FOREST PRODUCTS INC - ACQUISITION OF COLUMBIA VISTA CORPORATION IS ACCRETIVE TRANSACTION.  Full Article

Western Reports Q4 Earnings Per Share C$0.05
Friday, 16 Feb 2018 

Feb 15 (Reuters) - Western Forest Products Inc ::WESTERN ANNOUNCES FOURTH QUARTER AND FISCAL 2017 YEAR-END RESULTS.Q4 EARNINGS PER SHARE C$0.05.Q4 REVENUE C$283.1 MILLION VERSUS C$293 MILLION.‍COMPANY HAS PROMOTED STEPHEN WILLIAMS TO EXECUTIVE VICE-PRESIDENT & CHIEF FINANCIAL OFFICER​.SAYS EXPECT COMMODITY LUMBER BUSINESS TO CONTINUE TO BENEFIT FROM INCREASED CONSUMPTION OF LUMBER IN CHINA AND US.  Full Article

Western Forest Products To Acquire Processing And Distribution Centre In Arlington, Washington
Thursday, 7 Dec 2017 

Dec 7 (Reuters) - Western Forest Products Inc ::WESTERN FOREST PRODUCTS TO ACQUIRE PROCESSING AND DISTRIBUTION CENTRE IN ARLINGTON, WASHINGTON.‍PURCHASE PRICE OF TRANSACTION IS APPROXIMATELY $9 MILLION AND IS ANTICIPATED TO CLOSE IN JANUARY 2018​.  Full Article

Western Forest Products announces closure of Englewood Train
Tuesday, 7 Nov 2017 

Nov 7 (Reuters) - Western Forest Products Inc ::Western Forest Products announces closure of Englewood Train.Western Forest Products Inc - ‍as a result of closure of train, 34 positions will be eliminated​.  Full Article

Western Forest Products Q3 earnings per share C$0.04
Friday, 3 Nov 2017 

Nov 2 (Reuters) - Western Forest Products Inc :Western announces third quarter 2017 results.Q3 earnings per share c$0.04.Q3 revenue c$285.2 million versus c$322.7 million.Q3 earnings per share view c$0.06 -- Thomson Reuters I/B/E/S.  Full Article

Western Forest Products announced indefinite curtailment of its Somass Sawmill, located in Port Alberni
Thursday, 27 Jul 2017 

July 27 (Reuters) - Western Forest Products Inc :Announced indefinite curtailment of its Somass Sawmill, located in Port Alberni, B.C..Western Forest products says ‍somass Sawmill has been temporarily curtailed since February 2017, prior to which it operated on a single shift basis​.Western Forest Products Inc - ‍Expects to offset lost production from somass by increasing production at its other operations on Vancouver Island​.Western Forest Products Inc says Western intends to offer voluntary severance to its Somass Sawmill hourly employees.Western Forest Products Inc - Cost reductions will be delivered through operational consolidation.Decision to indefinitely curtail operations is in response to lack of log supply to operate mill efficiently.Western Forest Products - Decision to curtail operations also from uncertainty by duties applied to Canadian Softwood lumber products sold into us.  Full Article

CANADA STOCKS-TSX rises as higher oil prices lift energy stocks

April 17 Canada's main stock index rose modestly on Wednesday, after higher oil prices lifted the energy sector.