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Is Potlatch (PCH) Outperforming Other Construction Stocks This Year?
ZACKS· 2025-04-18 14:45
For those looking to find strong Construction stocks, it is prudent to search for companies in the group that are outperforming their peers. Potlatch (PCH) is a stock that can certainly grab the attention of many investors, but do its recent returns compare favorably to the sector as a whole? By taking a look at the stock's year-to-date performance in comparison to its Construction peers, we might be able to answer that question.Potlatch is one of 90 companies in the Construction group. The Construction gro ...
Potlatch (PCH) Upgraded to Strong Buy: What Does It Mean for the Stock?
ZACKS· 2025-04-07 17:00
Potlatch (PCH) could be a solid addition to your portfolio given its recent upgrade to a Zacks Rank #1 (Strong Buy). This upgrade is essentially a reflection of an upward trend in earnings estimates -- one of the most powerful forces impacting stock prices.The sole determinant of the Zacks rating is a company's changing earnings picture. The Zacks Consensus Estimate -- the consensus of EPS estimates from the sell-side analysts covering the stock -- for the current and following years is tracked by the syste ...
Appia Announces Exceptional Overlimit Total Rare Earth Oxide (TREO) Results From Its Diamond Drilling Program at PCH Project in Goias, Brazil
Newsfile· 2025-03-10 11:30
Core Viewpoint - Appia Rare Earths & Uranium Corp. announced exceptional overlimit assay results from its diamond drilling program at the PCH project in Goias, Brazil, confirming high-grade mineralization in the carbonatitic breccia zone [1][2] Group 1: Drilling Results - The diamond drilling program included three drillholes that intercepted significant Total Rare Earth Oxide (TREO), Niobium Oxide (Nb2O5), and Phosphate Oxide (P2O5) [1] - A total of 97 intervals out of 516 samples showed 'overlimit readings' for elements such as La, Ce, Pr, Nd, and Nb [11] - The average TREO grades increased by 19% and average Niobium grades by 23% compared to original values reported [2][11] Group 2: Mineralization Types - The PCH project features two distinct styles of mineralization: Ionic Adsorption Clay (IAC) and hard rock carbonatitic breccia [11] - Recent results from the IAC zone were also highlighted, indicating a comprehensive mineralization potential [11] Group 3: Project Location and Community Relations - The PCH project is located in a favorable area with easy access to road and power infrastructure [8] - The company maintains a supportive relationship with the local cattle farming community, which may facilitate operations [8] Group 4: Company Overview - Appia Rare Earths & Uranium Corp. is a publicly traded Canadian company focused on rare earth elements and uranium [15] - The company holds rights to acquire up to a 70% interest in the PCH Ionic Adsorption Clay Project, covering an area of 42,932.24 hectares in Goiás State, Brazil [15]
PotlatchDeltic: Higher Lumber Prices Seems Inevitable At This Point
Seeking Alpha· 2025-03-09 14:21
Core Viewpoint - PotlatchDeltic Corporation (PCH) is rated a buy due to a positive outlook for timber prices, which is expected to drive asset appreciation for the company [1] Group 1: Financial Health and Investment Strategy - The balance sheet of PotlatchDeltic Corporation is described as healthy, indicating strong financial stability [1] - The investment recommendations are based on data-driven analyses rather than momentum-driven strategies, utilizing a combination of three models: REIT AMM, DDM, and NAV to assess the company's present and future value [1] - The focus on income-yielding assets aims to build a long-term resilient portfolio that can withstand market turmoil and outperform most capital markets [1]
PotlatchDeltic(PCH) - 2024 Q4 - Annual Report
2025-02-13 19:30
Timberland Operations - PotlatchDeltic Corporation owns 2.1 million acres of timberland across nine states, with a significant portion of its operations focused on timberland management and wood products manufacturing[14]. - The Timberlands segment generated approximately 26% of its revenues from internal log sales to Wood Products facilities in 2024, indicating a strong integration between segments[21]. - Approximately 29% of the total harvest volume was sold under long-term log supply agreements with third parties in 2024, with expectations to maintain similar percentages in 2025[22]. - The estimated volume of current standing merchantable timber inventory is updated annually, reflecting increases from young growth and decreases from harvests, with significant reliance on statistical methods for estimation[26]. - Estimated standing timber inventory as of December 31, 2024, is 111.3 million tons, a decrease of 2.1 million tons (1.85%) from 2023[27]. - Total timber harvested in 2024 was 7.636 million tons, with the Northern region contributing 1.467 million tons and the Southern region contributing 6.169 million tons[29]. - The projected total harvest for 2025 is approximately 7.4 million tons, based on constant timberland holdings and market conditions[29]. - The Timberlands segment's revenues are influenced by domestic production of wood-based building products and the overall health of the U.S. housing market[17]. - The company has identified approximately 135,000 acres of non-core timberland real estate intended for sale over time, indicating a strategy to optimize asset value[18]. Wood Products Segment - The company ranks as a top-10 softwood lumber producer in the U.S. with a capacity of approximately 1.2 billion board feet and an industrial-grade plywood mill with 150 million square feet of capacity[18]. - The Wood Products segment has a capacity of 1.2 billion board feet (MMBF) for softwood lumber and 150 million square feet (MMSF) for plywood[31][34]. - Actual sawmill production for 2024 was 1.120 billion board feet, indicating operational efficiency[34]. - In 2024, 100% of timber consumption at Wood Products facilities was SFI Fiber Sourcing certified, reflecting commitment to sustainable sourcing[38]. - Wood Products segment revenues also decreased to $601,924 in 2024 from $635,672 in 2023, a decline of 5.3%[388]. Financial Performance - PotlatchDeltic Corporation reported revenues of $1,062,076,000 for the year ended December 31, 2024, a 3.7% increase from $1,024,075,000 in 2023[314]. - Operating income decreased significantly to $33,192,000 in 2024, compared to $85,750,000 in 2023, marking a decline of 61.2%[314]. - Net income for 2024 was $21,876,000, down from $62,101,000 in 2023, representing a decrease of 64.8%[314]. - The company’s total assets decreased to $3,305,443,000 in 2024 from $3,431,256,000 in 2023, a decline of 3.7%[318]. - Comprehensive income for 2024 was $32,985,000, down from $67,481,000 in 2023, a decrease of 51.1%[316]. - Cash flows from operating activities increased to $188,470,000 in 2024, up 18.4% from $159,111,000 in 2023, but down from $491,901,000 in 2022[320]. Environmental and Sustainability Initiatives - The company is committed to corporate responsibility, focusing on environmental stewardship and sustainable management of its timberlands[18]. - At the end of 2023, the company's forests stored approximately 487 million metric tons of Carbon Dioxide Equivalent (CO2e), with about 93 million metric tons of CO2e in merchantable above-ground portions[65]. - In 2023, total net above-ground carbon removal was approximately 6.4 million metric tons of CO2e, including harvest and other inventory adjustments[67]. - The company aims to achieve a 42% reduction in Scope 1 and Scope 2 GHG emissions by 2030, based on a 2021 baseline[69]. - The company has established GHG reduction targets, including a goal to achieve net-zero GHG emissions by 2050[69]. - Timberland acreage impacted by wildfires has increased since 2000, prompting the company to implement practices to mitigate wildfire risk[55]. Corporate Governance and Workforce - The board of directors consists of nine members, with seven being independent and three being women, including one who is ethnically diverse[81]. - The company employs 1,383 team members, with hourly workers representing approximately 73% of the total workforce[73]. - Women represent 33% of the salaried workforce, 14% of the hourly workforce, and 19% of the total workforce as of December 31, 2024[78]. - The company has implemented comprehensive safety programs, including safety audits and training, to prioritize employee health and safety[74]. Risk Management and Compliance - The company faces various risks, including changes in timber prices, economic conditions, and environmental factors that could impact its operations and financial performance[10]. - The company utilizes an Enterprise Risk Management (ERM) framework to identify, assess, and mitigate significant risks, including environmental and social governance topics[87]. - The company conducts regular internal audits to ensure compliance with environmental, safety, financial, and disclosure regulations[88]. - The company is subject to various federal and state laws and regulations affecting its manufacturing operations, including air emissions and water quality standards[96]. - The company anticipates that increasingly strict environmental laws may lead to additional operational restrictions and increased costs[100]. Real Estate Segment - The company develops about 130 residential lots annually in the Chenal Valley area, with approximately 1,200 potential residential lots available for future development[46]. - The Real Estate segment includes the sale of non-strategic land holdings and development projects, enhancing the company's asset utilization[386]. - Real Estate segment revenues increased significantly to $170,629 in 2024 from $87,988 in 2023, a growth of 94%[388]. Mergers and Acquisitions - The company issued $176,000,000 in long-term debt in 2024, significantly higher than $40,000,000 in 2023[320]. - The CatchMark merger resulted in an allocation of $782.3 million to timber and timberlands, $3.0 million to intangible assets, and $32.0 million to other assets[333]. - The company assumed $323.1 million of liabilities, including $300.0 million of outstanding long-term debt, in the CatchMark merger[333].
Appia Announces Excellent Desorption Results From Its Four New Ionic Adsorption Clay Targets at the PCH Project in Goias, Brazil
Newsfile· 2025-02-04 12:30
Core Viewpoint - Appia Rare Earths & Uranium Corp. has announced updated results from its Ionic Adsorption Clay (IAC) rare earth elements (REE) targets at the PCH project, confirming extensive mineralization and excellent recovery rates of critical Magnet Rare Earth Oxides (MREO) [1][2]. Group 1: Mineralization and Recovery Results - A total of 1,173 samples from 163 Auger drillholes were tested, confirming extensive IAC style REE mineralization [1]. - The desorption results indicate high recovery rates for Heavy Rare Earth Oxides (HREO) across various targets, with notable averages: - Taygeta: 33.8% TREO, 34.5% HREO, 60.1% NdPr, 37.3% DyTb - Merope: 29.0% TREO, 44.2% HREO, 35.0% NdPr, 43.9% DyTb - Maia: 34.0% TREO, 47.4% HREO, 69.0% NdPr, 49.6% DyTb - Electra: 11.3% TREO, 28.5% HREO, 15.1% NdPr, 22.6% DyTb [4][7]. Group 2: Future Plans and Assessments - The company plans to execute additional drilling to further define key target zones and update the current Mineral Resource Estimate (MRE) of the PCH project, while preparing for a Preliminary Economic Assessment (PEA) report [2]. - The auger drilling has only tested the upper 5-8 meters of the system, indicating potential for further mineralization at depth [2][11]. Group 3: Technical Details and Quality Control - Desorbability tests were conducted using Ammonium Sulfate at varying pH levels, showing no significant difference in results, indicating robust testing methods [8][23]. - Quality control measures included the use of blanks, duplicates, and standards in each analytical run to ensure the reliability of results [22]. Group 4: Company Overview - Appia Rare Earths & Uranium Corp. is focused on the rare earth element and uranium sectors, holding rights to the PCH Ionic Adsorption Clay Project in Brazil and exploring for high-grade uranium in the Athabasca Basin [25]. - The company has a total of 153 million common shares outstanding and 177 million shares fully diluted [26].
Ophir Channel Sample Results Confirm High Grade Cesium Mineralization at HW3 Pegmatite at the Pilipas Property, James Bay, Quebec
Newsfile· 2025-02-03 12:15
Core Insights - Ophir Metals Corp. has confirmed high-grade cesium mineralization at the HW3 Pegmatite on the Pilipas Property in Quebec, indicating significant potential for multi-commodity exploration [3][8][21] Summary by Sections Exploration Results - The channel sampling program at HW3 Pegmatite included four channels totaling 74.3 meters, confirming high-grade cesium with notable lithium and tantalum levels [4][5] - Key results include: - PCH24-001: 6.00% Cs2O over 1.4 m and 12.40% Cs2O over 0.5 m - PCH24-002: 5.0 m at 1.46% Cs2O, including 3.0 m at 2.29% Cs2O and 1.0 m at 5.30% Cs2O - PCH24-003: 4.0 m at 1.81% Cs2O, including 2.0 m at 2.30% Cs2O [5][7] Project Development - The HW3 Pegmatite's dimensions have expanded to approximately 15 m by 23 m, remaining open in several directions, with additional markers of mineralization observed [6][8] - The project is strategically located near hydroelectric power and an all-season road, enhancing its accessibility [3] Market Context - Cesium is classified as a "Critical Mineral" in Canada, essential for various applications including GPS and 5G technology, highlighting its economic significance [10][11] - The Tanco mine in Manitoba, a primary cesium source, faces competition and is exploring redevelopment options, indicating a potential supply gap in the market [12] Company Overview - Ophir Metals Corp. is focused on the exploration and development of the Pilipas Lithium Properties and has an option to earn a 70% interest in the Pilipas Property [22]
PotlatchDeltic(PCH) - 2024 Q4 - Earnings Call Presentation
2025-01-28 19:14
Q4 2024 EARNINGS January 28, 2025 FORWARD-LOOKING STATEMENTS & NON-GAAP MEASURES FORWARD-LOOKING STATEMENTS This presentation contains certain forward-looking statements within the meaning of the Private Securities Litigation Reform Act of 1995 as amended, including without limitation, our expectations regarding the company's revenues, costs and expenses; expected liquidity; the U.S. economic condition; the success of the company's business strategies; the company's disciplined and opportunistic capital all ...
PotlatchDeltic(PCH) - 2024 Q4 - Annual Results
2025-01-27 21:13
Exhibit 99.1 News Release For immediate release: Contact: Investors Media Wayne Wasechek Anna Torma 509.835.1521 509.835.1558 PotlatchDeltic Corporation Reports Fourth Quarter and Full Year 2024 Results SPOKANE, Wash., January 27, 2025 (BUSINESS WIRE) – PotlatchDeltic Corporation (Nasdaq: PCH) today reported net income of $5.2 million, or $0.07 per diluted share, on revenues of $258.1 million for the quarter ended December 31, 2024. Net loss was $0.1 million, or $0.00 per diluted share, on revenues of $254. ...
PotlatchDeltic to Report Q4 Earnings: What's in Store for the Stock?
ZACKS· 2025-01-22 17:15
PotlatchDeltic Corporation (PCH) is slated to report its fourth-quarter 2024 results on Jan. 27, after market close.Find the latest EPS estimates and surprises on Zacks Earnings Calendar.In the last quarter, adjusted earnings and revenues topped the Zacks Consensus Estimate by 200% and 6.6%, respectively. However, on a year-over-year basis, both metrics declined 71.4% and 4.1%, respectively.PCH’s earnings topped the consensus mark in two of the trailing four quarters, met on one occasion and missed on the r ...