Adjusted EBITDA Growth
Adjusted EBITDA for the first quarter was $328 million, a 12% increase over the fourth quarter of 2024.
Timberlands Performance
Timberlands contributed $102 million to first quarter earnings with an adjusted EBITDA of $167 million, showing a $41 million increase compared to the fourth quarter.
Real Estate, Energy and Natural Resources Segment Growth
The segment contributed $56 million to earnings and $82 million to adjusted EBITDA, which is $6 million higher than the fourth quarter.
Carbon Capture and Sequestration Progress
Occidental Petroleum signed a 25-year agreement related to the CCS project, marking a significant step for Weyerhaeuser in the CCS space.
Quarterly Base Dividend Increase
The quarterly base dividend was increased by 5% to $0.21 per share, marking the fourth consecutive year of such an increase.