West Fraser Timber Co Ltd T.WFG

Alternate Symbol(s): WFG

Forest Products Lumber & Wood Production

West Fraser Timber Co. Ltd. is a diversified wood products company. The Company is engaged in manufacturing, selling, marketing and distributing lumber, engineered wood products, including oriented strand board (OSB), laminated veneer lumber (LVL), medium-density fiberboard (MDF), plywood, particleboard, pulp, newsprint, wood chips and other residuals and renewable energy. Its products are used in home construction, repair and remodeling, industrial applications, paper, tissues, and box materials. Its segments include Lumber, North America engineered wood products (NA EWP), Pulp & Paper and Europe EWP. Its business comprises lumber mills, OSB facilities, renewable energy facilities, pulp and paper mills, plywood facilities, MDF facilities, particleboard facilities, LVL facility, treated wood facility, and veneer facility. The Company operates approximately 58 facilities in Canada, the United States, the United Kingdom and Europe. It also offers wood preservation services.

TSX:WFG - Post by User

West Fraser Timber Co Ltd > Big drop

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Comment by Dadsaid2on May 13, 2021 2:04pm

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Post# 33195786

RE:Big drop

Besides the general market being down Tuesday & Weds, lumber futures peaked Monday morning at $1733 and started to fall and correct everyday this week. Down almost $300 to 1450 today. WFG is highly sensitive to lumber futures as are most white wood lumber producers. Even though Q2 will most likely beat their record Q1 earnings the market doesn't seem to care when futures come off. Tough to swallow for sure. GLTA.

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