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Western Forest Products Inc

WEF.TO

Latest Trade

1.27CAD

Change

0.07(+5.83%)

Volume

875,454

Today's Range

1.20

 - 

1.27

52 Week Range

1.13

 - 

2.20

As of on the Toronto Stock Exchange ∙ Minimum 15 minute delay

Latest Developments

Western Forest Products Reports Q3 Loss Per Share C$0.05

Nov 6 (Reuters) - Western Forest Products Inc <WEF.TO>::WESTERN ANNOUNCES THIRD QUARTER 2019 RESULTS.Q3 REVENUE C$141.6 MILLION VERSUS C$292.5 MILLION.Q3 LOSS PER SHARE C$0.05.Q3 EARNINGS PER SHARE ESTIMATE C$-0.04 -- REFINITIV IBES DATA.USW STRIKE IS EXPECTED TO HAVE A NEGATIVE IMPACT ON FOURTH QUARTER RESULTS COMPARED TO SAME PERIOD LAST YEAR.IN Q3 SHIPPED 90 MILLION FEET OF LUMBER TO OUR CUSTOMERS DESPITE THE USW STRIKE.ANTICIPATE DEMAND FOR APPEARANCE NICHE PRODUCTS TO MODERATE DUE TO THE TRADE FRICTION BETWEEN THE US AND CHINA.WESTERN FOREST PRODUCTS - GIVEN CURRENT UNCERTAINTY BY LABOUR DISPUTE, UNFAVOURABLE INVESTMENT CONDITIONS IN BC, CO SCALED BACK STRATEGIC CAPITAL INVESTMENT.WESTERN FOREST PRODUCTS-UNTIL THERE IS GREATER VISIBILITY WITH LABOUR DISPUTE, CO HAS HALTED ALL MATERIAL NON-COMMITTED STRATEGIC CAPITAL INVESTMENT IN BC.

Western Forest Products Proposes Binding Arbitration Process

Oct 31 (Reuters) - Western Forest Products Inc <WEF.TO>::WESTERN PROPOSES BINDING ARBITRATION PROCESS.WESTERN FOREST PRODUCTS - ACTIVE NEGOTIATIONS BETWEEN COMPANY AND UNION HAVE STALLED AND NO FUTURE MEDIATION DATES HAVE BEEN SCHEDULED.WESTERN FOREST PRODUCTS - INVITED UNITED STEELWORKERS LOCAL 1-1937 TO JOIN BINDING ARBITRATION PROCESS WITH INDEPENDENT MEDIATORS.WESTERN FOREST PRODUCTS - PROGRESS MADE ON SEVERAL PROPOSALS DURING MEDIATED TALKS THIS MONTH, CO REMAINS AVAILABLE TO RESUME DISCUSSIONS AT ANY TIME.

Western Forest Products Says Meetings Resume With Independent Mediators And USW

Oct 17 (Reuters) - Western Forest Products Inc <WEF.TO>::MEETINGS RESUME WITH INDEPENDENT MEDIATORS AND USW.WESTERN FOREST PRODUCTS INC - PARTIES HAVE AGREED TO A MEDIA BLACKOUT DURING MEDIATION PROCESS..WESTERN FOREST PRODUCTS - STRIKE IMPACTED ABOUT 1,500 OF HOURLY EMPLOYEES, ABOUT 1,500 EMPLOYEES WORKING FOR TIMBERLAND OPERATIONS & CONTRACTORS.

Western Forest Products Says USW Withdrew From Mediation With Co & Independent Mediators After Few Hours Of Talks On Sept 13

Sept 14 (Reuters) - Western Forest Products Inc <WEF.TO>::WESTERN FOREST PRODUCTS - USW WITHDREW FROM MEDIATION WITH CO & INDEPENDENT MEDIATORS VINCE READY & AMANDA ROGERS AFTER FEW HOURS OF TALKS ON SEPT 13.WESTERN FOREST PRODUCTS - MEDIATORS INFORMED CO THAT USW HAD LEFT, AND WOULD NOT BE RETURNING FOR TALKS, SCHEDULED FOR FULL DAY ON SEPTEMBER 14, 2019.WESTERN FOREST PRODUCTS INC SAYS STRIKE AFFECTS ALL COMPANY'S USW CERTIFIED MANUFACTURING AND TIMBERLANDS OPERATIONS IN BRITISH COLUMBIA.

Western Forest Products & United Steelworkers Local 1-1937 Expect To Begin Mediation On Sept 13

Sept 4 (Reuters) - Western Forest Products Inc <WEF.TO>::WESTERN WELCOMES RETURN TO BARGAINING TABLE; RESPONDS TO NAFTA CHALLENGE PANEL DECISION.WESTERN FOREST PRODUCTS - CO AND UNITED STEELWORKERS LOCAL 1-1937 ("USW") EXPECT TO BEGIN MEDIATION WITH INDEPENDENT-MEDIATOR VINCE READY ON SEPT 13.

Western Forest Products Inc. Announces Renewal Of Normal Course Issuer Bid

Western Forest Products Inc <WEF.TO>::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 18.8 MILLION OF ITS COMMON SHARES.WESTERN FOREST PRODUCTS INC - NCIB, WHICH WILL BEGIN ON AUGUST 8, 2019 AND END NO LATER THAN AUGUST 7, 2020.

Western Forest Products Reports Q2 Revenue Of C$310.3 Million

Aug 1 (Reuters) - Western Forest Products Inc <WEF.TO>::WESTERN ANNOUNCES SECOND QUARTER 2019 RESULTS.Q2 REVENUE C$310.3 MILLION VERSUS C$327.8 MILLION.WESTERN FOREST PRODUCTS- NET LOSS FOR SECOND QUARTER OF 2019 WAS $0.7 MILLION, AS COMPARED TO NET INCOME OF $27.1 MILLION FOR THE SAME PERIOD LAST YEAR.

Western Announces Strike Action By United Steelworkers

July 1 (Reuters) - Western Forest Products Inc <WEF.TO>::WESTERN ANNOUNCES STRIKE ACTION BY UNITED STEELWORKERS.STRIKE AFFECTS ALL OF COMPANY'S USW CERTIFIED MANUFACTURING AND TIMBERLANDS OPERATIONS IN BRITISH COLUMBIA.COMPANY HAS COMMENCED ITS WORK STOPPAGE CONTINGENCY PLAN.

Western Forest Says Receipt Of 72-Hour Strike Notice USW

June 28 (Reuters) - Western Forest Products Inc <WEF.TO>::WESTERN ANNOUNCES RECEIPT OF STRIKE NOTICE.72-HOUR STRIKE NOTICE FROM UNITED STEELWORKERS (USW) IN RELATION TO SOME OF ITS OPERATIONS IN BRITISH COLUMBIA, CANADA."REMAIN HOPEFUL THAT A MEDIATOR CAN GET US BACK TO BARGAINING TABLE TO NEGOTIATE AN AGREEMENT".

Western Forest Products Inc. Announces Temporary Production Curtailments

Western Forest Products Inc <WEF.TO>::WESTERN FOREST PRODUCTS INC. ANNOUNCES TEMPORARY PRODUCTION CURTAILMENTS.WESTERN FOREST PRODUCTS - ANNOUNCED TEMPORARY PRODUCTION CURTAILMENTS AT 3 OF ITS SAWMILLS TO ALIGN PRODUCTION VOLUMES TO MATCH CURRENT CUSTOMER DEMAND.WESTERN FOREST PRODUCTS INC - WESTERN WILL CURTAIL ITS DUKE POINT SAWMILL FOR TWO WEEKS AND ITS SALTAIR SAWMILL FOR ONE WEEK IN JUNE.WESTERN FOREST PRODUCTS INC - COMPANY WILL ALSO REDUCE OPERATING LEVELS FROM 120 HOURS PER WEEK TO 80 HOURS PER WEEK AT ITS CHEMAINUS SAWMILL.WESTERN FOREST PRODUCTS INC - CURTAILMENT IS EXPECTED TO REDUCE PRODUCTION BY APPROXIMATELY 15 MILLION BOARD FEET.

Quote and financial data from Refinitiv. Fund performance data provided by Lipper. All quotes delayed a minimum of 15 minutes.

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