MERCER INTERNATIONAL INC. (MERC)
NASDAQ · Wood, Furniture & Paper · Pulp Mills
- Price
- $0.32
- Day
- -5.87%
- Market cap
- $21.61M
Close 2026-09-22.
The company
General We are a global forest products company and have two reportable operating segments: • Pulp – consists of the manufacture, sale and distribution of pulp, electricity and chemicals at our pulp mills. • Solid Wood – consists of the manufacture, sale and distribution of lumber, manufactured products (including CLT, glulam and finger joint lumber), wood pallets, electricity, biofuels and wood residuals at our sawmills and other facilities in Germany and our mass timber facilities in North America. We have consolidated annual production capacity of approximately 2.1 million ADMTs of kraft pulp, 1,023 MMfbm of lumber, 210,000 m 3 of CLT, 45,000 m 3 of glulam, 17 million pallets, 230,000 tonnes of biofuels (wood pellets and briquettes) and 398 MW of electrical generation. Markets We believe that approximately 150 million ADMTs of chemical pulp are converted annually into tissues, printing and writing papers, carton boards and other specialty grades of paper and paperboard around the world. We also believe that approximately 44% of this pulp is sold on the open market as market pulp, while the remainder is produced for internal purposes by integrated paper and paperboard manufacturers. The pulp business is highly cyclical in nature and markets are characterized by periods of supply and demand imbalance, which in turn affect prices. Pulp markets are highly competitive and are sensitive to cyclical changes in the global economy, industry capacity and foreign exchange rates, all of which can have a significant influence on selling prices and our operating results.
From Item 1: General · Markets.
By product & service
- Pulp — 70%
- Lumber — 13%
- Energyandchemicals — 6%
- Pallets — 5%
- Manufactured Products — 3%
- Biofuels — 2%
- Wood Residuals — 1%
Institutional holders
Largest positions reported on Form 13F for the quarter ended 2026-06-30, by value.
- REDWOOD CAPITAL MANAGEMENT, LLC — $3.07M
- BARCLAYS PLC — $2.61M
- TORONTO DOMINION BANK — $2.18M
- DIMENSIONAL FUND ADVISORS LP — $1.21M
- WHITEBOX ADVISORS LLC — $969.37K
- FRANKLIN RESOURCES INC — $519.66K
- Benefit Street Partners LLC — $519.66K
- IAT REINSURANCE CO LTD. — $415.8K
Insider trades
Open-market buys and sales filed on Form 4, newest first. Grants, option exercises and tax withholding are left out.
- KELLOGG PETER R (TenPercentOwner) bought 36,000 shares at $0.93 on 2026-06-12
- KELLOGG PETER R (TenPercentOwner) bought 1,210 shares at $0.90 on 2026-06-12
- KELLOGG PETER R (TenPercentOwner) bought 200 shares at $0.91 on 2026-06-12
- KELLOGG PETER R (TenPercentOwner) bought 14,031 shares at $0.91 on 2026-06-12
- KELLOGG PETER R (TenPercentOwner) bought 136,000 shares at $0.86 on 2026-06-11
- KELLOGG PETER R (TenPercentOwner) bought 36,000 shares at $0.82 on 2026-06-10
Recent filings
- 8-K — 2026-08-26
- SCHEDULE 13G — 2026-08-14
- 10-Q — 2026-08-06
- 8-K — 2026-08-06
- SCHEDULE 13D/A — 2026-07-31
- 8-K — 2026-07-14
- 8-K — 2026-07-10
- 4 — 2026-07-08
- 4 — 2026-07-08
- 8-K — 2026-06-30