Graham Sheppard

Founded in 1994, Equity Research Associates (ERA) is an independent equity research firm located in Gibsons, British Columbia. The firm focuses exclusively on the forest products sector including timber, pulp, paper, newsprint, containerboard, lumber, OSB, plywood and fiber. Their research covers both the debt and equity securities of domestic companies and international companies. ERA employs proprietary quantitative models, as well as, data sources and contacts within the industry to identify turning points in commodity price cycles. The firm combines these forecasts with fundamental analysis and on-site company visits to determine corporate valuations and make investment recommendations. ERA provides research to institutional investors, industry executives and government organizations around the world.

Part of Equity Research Associates, ERA Forest Products Research is a Canadian independent financial research company that focuses exclusively on the paper and forest products sector, covering all companies in the industry, both domestic and international, equity and debt. The company, based in Gibsons, Canada, was founded in 1994, and Kevin Mason has been the CEO since 1997. ERA's team of analysts uses its proprietary models, data sources, and extensive industry network to identify turning points in commodity price cycles. The company provides forward-looking commodity research, pricing forecasts, investment recommendations, and price trend analysis for all major commodities within the forest products sector. ERA's services are presented in a user-friendly chart-focused format and are available to clients worldwide, including institutional investors managing over $5 trillion in assets.