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.

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West Fraser Timber Co Ltd

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Post by retiredcfon Oct 17, 2022 8:41am

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Ink Research

The INK Canadian Insider (CIN) Index dropped 2.4% last week as oil & gas stocks pulled back on crude oil market volatility. Despite the drop, the INK CIN remains one of the few broad Canadian market benchmarks to remain up on the year, albeit a modest 3.8% as of October 14th. Last week, stocks from the Energy sector were the biggest laggards in the Index. Baytex Energy (Sunny; BTE) fell 11.6%, Cenovus Energy (Sunny; CVE) was off 9.9%, and Ovintiv (Sunny; OVV) dropped 9.3%. The leaders were Winpak (Sunny; WPK), up 5.5%, Interfor (Mostly Sunny; IFP), up 5.1%, and West Fraser Timber (Sunny; WFG), up 4.5%.

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