Ketan Mamtora's questions to Weyerhaeuser Co (WY) leadership • Q1 2025
Question
Ketan Mamtora inquired about the state of channel inventories for lumber, OSB, and EWP given the cautious market sentiment. He also asked for an update on the progress of forest carbon projects and whether the company was on track to meet its 2025 goals.
Answer
CEO Devin Stockfish characterized channel inventories as lighter than normal for this time of year, noting that while supply is currently meeting demand, a sudden pickup in building activity could lead to price spikes. He confirmed the forest carbon program is on track for a significant 5x to 10x increase in 2025, with two projects approved and seven more in the pipeline.