Clearwater Paper Corporation (CLW)
Clearwater Paper Corporation is a North American producer of private label tissue products, including bath, facial, and paper towel tissues, as well as pulp and packaging products. Founded in 2008 and based in Spokane, Washington, the company operates manufacturing facilities across the United States and employs sustainable practices to produce consumer and away-from-home tissue products.
Company News
Avista, an energy company, has reached a settlement agreement with various parties in its Idaho general rate cases. The agreement, if approved, would increase Avista's annual base electric and natural gas revenues in Idaho over the next two years.
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Clearwater Paper (CLW) reports a loss in fourth-quarter 2022 due to operational and weather-related issues that have impacted paperboard operations.
Guidance wasn't quite what investors expected.
Glatfelter has a history of growing revenue and cash flows. On top of this, GLT is cheap on an absolute basis and likely fairly valued relative to similar firms.