Hey there -
Had to google to figure out what fires you are referring to - is it in relation to the fire that tore through WFG's mill in Chetwynd in late September? Since there was no damage to the mill and it only impacted logs in the yard, I'd imagine it wouldn't be too much of an impact. If there was a notable impact, the company likely would have put out some sort of release warning investors.
If you are talking about wildfires in general, the company in early September put out the following operational update:
"Due to wildfires in British Columbia, slowing orders for forest products, constraints on the availability of resins used in the manufacture of panel products, transportation service interruptions and overall inventory levels, West Fraser has adjusted output at its British Columbia SPF, US South SYP, North American OSB and Canadian plywood facilities by between 5% and 10% of available capacity over the first two months of the third quarter of 2021.
West Fraser has reduced operating schedules at multiple locations and anticipates reduced operating rates through the remainder of the third quarter, depending on inventory levels, economic log supply, fire and other weather conditions, availability of labour due to the continuing impacts of COVID-19, availability of raw materials and transportation resources and customer needs."
That hasn't really slowed the company's upward progress one bit as it continues to hit new highs. However, worth noting that analysts estimates have come down by 21% for next quarter - so they are clearly taking this into consideration. The Market however, has for the most part ignored it.
Mat