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Western Forest Products Inc (WEF.TO)

WEF.TO on Toronto Stock Exchange

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Latest Key Developments (Source: Significant Developments)

Western Forest Products posts quarterly earnings of C$0.04 per share
Thursday, 8 Nov 2018 

Nov 7 (Reuters) - Western Forest Products Inc ::WESTERN ANNOUNCES THIRD QUARTER 2018 RESULTS.Q3 REVENUE C$292.5 MILLION VERSUS C$285.2 MILLION.Q3 EARNINGS PER SHARE C$0.04.Q3 EARNINGS PER SHARE VIEW C$0.05 -- THOMSON REUTERS I/B/E/S.ENTERED INTO A NEW $250 MILLION CREDIT FACILITY THAT INCLUDES AN ADDITIONAL $100 MILLION ACCORDION FEATURE.EXPECT TO SEE LOWER LOG PRICES AS WE MOVE THROUGH Q4.EXPECT IMPROVED PULP LOG PRICING DUE TO LIMITED LOG SUPPLY IN Q4.  Full Article

Western Forest Products Announces Renewal Of Normal Course Issuer Bid
Friday, 3 Aug 2018 

Aug 3 (Reuters) - Western Forest Products Inc ::WESTERN FOREST PRODUCTS INC. ANNOUNCES RENEWAL OF NORMAL COURSE ISSUER BID.WESTERN FOREST PRODUCTS INC - RECEIVED APPROVAL FROM TSX TO RENEW NCIB TO PURCHASE FOR CANCELLATION UP TO 19.6 MILLION OF ITS COMMON SHARES.WESTERN FOREST PRODUCTS INC - NCIB, WHICH WILL BEGIN ON AUGUST 8, 2018 AND END NO LATER THAN AUGUST 7, 2019.  Full Article

Western Announces Second Quarter 2018 Results
Friday, 3 Aug 2018 

Aug 2 (Reuters) - Western Forest Products Inc ::WESTERN ANNOUNCES SECOND QUARTER 2018 RESULTS.Q2 REVENUE C$327.8 MILLION VERSUS C$287.4 MILLION.Q2 EARNINGS PER SHARE C$0.07.Q2 EARNINGS PER SHARE VIEW C$0.08 -- THOMSON REUTERS I/B/E/S.  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 Q2 earnings per share C$0.06
Thursday, 3 Aug 2017 

Aug 2 (Reuters) - Western Forest Products Inc :Western announces second quarter 2017 results.Q2 earnings per share c$0.06.Q2 revenue C$287.4 million versus C$301.8 million.Q2 earnings per share view C$0.07 -- Thomson Reuters I/B/E/S.Qtrly lumber production was 207 million board feet, 11 pct lower than q2 of 2016.Western Forest Products Inc - qtrly timberlands log production was 1.1 million cubic metres, 17 pct lower than in same period last year.Q2 earnings per share view c$0.07, revenue view c$307.0 million -- Thomson Reuters I/B/E/S.Continue to pursue marketing and disposition of certain non-core assets.  Full Article

Western Forest Products Inc reports Q4 EPS C$0.09
Friday, 17 Feb 2017 

Western Forest Products Inc : Western announces fourth quarter and fiscal 2016 year-end results . Q4 revenue C$293 million . Q4 earnings per share C$0.09 . Q4 earnings per share view C$0.05 -- Thomson Reuters I/B/E/S .Western Forest Products Inc - expect near-term pricing volatility caused by uncertainty over Canada - United States softwood lumber trade dispute.  Full Article

CANADA STOCKS - TSX falls 0.20 percent, up 1.5 pct for the week

NEW YORK, Nov 2 * The Toronto Stock Exchange's S&P/TSX fell 30.87 points, or 0.20 percent, to 15,119.28, but closed out the week with a gain of 1.5 percent, its best weekly performance since May. * Leading the index were Interfor Corp, up 15.4 percent, Western Forest Products Inc, up 14.5 percent, and Maxar Technologies Ltd, higher by 11.9 percent. * Lagging shares were Sleep Country Canada Holdings Inc, down 13.2 percent, Artis Real Estate Investment Trust, down 11.9 percent, and Do