Welcome to our dedicated page for Clean Harbors news (Ticker: CLH), a resource for investors and traders seeking the latest updates and insights on Clean Harbors stock.
Clean Harbors, Inc. (NYSE: CLH) is widely described in its public communications as North America’s leading provider of environmental and industrial services, and this news page aggregates company-specific updates for investors and observers. Founded in 1980 and based in Massachusetts, Clean Harbors serves a diverse customer base that includes a majority of Fortune 500 companies, along with numerous government agencies in industries such as chemical, manufacturing, refining and energy.
News about Clean Harbors often centers on its Environmental Services and Safety-Kleen operations. Coverage includes quarterly financial results, where the company reports on segment performance, Adjusted EBITDA, adjusted free cash flow and utilization of its disposal and recycling network. Press releases also describe demand trends in technical services, field services, industrial services and Safety-Kleen Sustainability Solutions, along with commentary from management on business conditions and project pipelines.
Another key news theme is Clean Harbors’ work with PFAS, or “forever chemicals.” The company issues updates on PFAS incineration studies at its RCRA-permitted hazardous waste incineration facilities, PFAS water filtration projects at locations such as Joint Base Pearl Harbor-Hickam, and the evolution of its Total PFAS Solution, which addresses analysis, water filtration, remediation and disposal. These announcements often involve collaboration with U.S. Environmental Protection Agency and Department of Defense representatives, as well as logistics and government partners.
Visitors to this CLH news page can review press releases on debt offerings and credit agreements, including senior notes issuances and term loan refinancings, as well as notices of participation in investor conferences and earnings calls. For anyone following environmental services, hazardous waste management, PFAS remediation or used oil re-refining, the Clean Harbors news stream provides detailed, company-sourced information on strategy, operations and capital structure over time.
Clean Harbors (NYSE: CLH) will host its Q2 2021 financial results conference call on August 4, 2021, at 9:00 a.m. ET. During the call, key executives, including CEO Alan S. McKim, will discuss the company's financial performance and growth strategy. Clean Harbors has established itself as North America's leading provider of environmental and industrial services, catering to a wide array of sectors, including energy and manufacturing. The company is well-equipped to handle hazardous waste management, emergency spill responses, and recycling services.
Clean Harbors (NYSE: CLH) announced an agreement to acquire Vertex Energy's used motor oil collection and re-refinery assets for $140 million. This all-cash deal aims to close in Q3 2021, pending regulatory and shareholder approvals. The assets could generate over $100 million in annual revenues and $15 million in Adjusted EBITDA in the first year. The acquisition will expand Clean Harbors' re-refining network by adding two plants and enhance waste oil collection, particularly in the Midwest and Gulf Coast regions, thereby supporting its growth in the renewable lubricants market.
Clean Harbors (NYSE: CLH), a leader in environmental and industrial services in North America, will have CFO Michael L. Battles and SVP Jim Buckley at the Ninth Annual Stifel/Waste 360 Investor Summit. The session is scheduled for June 28 at 2:30 p.m. ET. Investors can access the live webcast through Clean Harbors' Investor Relations website. Founded in 1980 and based in Massachusetts, Clean Harbors offers services like hazardous waste management and emergency spill response to numerous industries and government agencies.
Clean Harbors, a leader in environmental and industrial services in North America, has announced its participation in two upcoming virtual investor conferences. The UBS Global Industrials and Transportation Virtual Conference is scheduled for June 8, 2021, at 1:00 p.m. ET, followed by the Stifel 2021 Virtual Cross Sector Insight Conference on June 9, 2021, at 10:00 a.m. ET. Interested investors can access live or archived webcasts through the company's Investor Relations page.
Clean Harbors (NYSE: CLH) reported Q1 2021 results with revenues down 6% to $808.1 million and net income rising to $21.7 million, or $0.39 per diluted share, compared to $11.6 million in Q1 2020. Adjusted EBITDA increased 3% to $129.5 million, reflecting a 130 basis-point improvement in margin. The newly formed Safety-Kleen Sustainability Solutions segment aims at promoting sustainable lubricant offerings, despite a decline in waste oil collection by 14%. The company anticipates stronger growth driven by an improving economy and enhanced market penetration strategies.
Clean Harbors (NYSE: CLH) will host its first-quarter 2021 financial results conference call on May 5, 2021, at 9:00 a.m. ET. The call will feature insights from Chairman and CEO Alan S. McKim and CFO Michael L. Battles regarding the company's financial performance, growth strategy, and business outlook. Interested parties can listen via the company's Investor Relations webpage or by dialing in. Clean Harbors is recognized as North America's leading provider of environmental and industrial services, catering to various industries and government agencies.
Clean Harbors (NYSE: CLH) reported strong fourth-quarter results for 2020, with revenues of $796.2 million, up nearly $17 million sequentially. Despite a year-over-year decline from $871 million in Q4 2019, net income rose to $39.3 million, or $0.71 per share. Adjusted EBITDA increased to $136.1 million, buoyed by heightened COVID-19 decontamination work valued at $31 million. Full-year revenues fell to $3.14 billion from $3.41 billion in 2019. The company anticipates an Adjusted EBITDA of $545 to $585 million for 2021, as it capitalizes on market recovery and sustainability initiatives.
Clean Harbors, a leading provider of environmental and industrial services in North America, announced its participation in two virtual investor conferences. The Raymond James 42nd Annual Institutional Investors Conference will host a fireside chat on March 2, 2021, at 3:00 p.m. ET. Subsequently, the BofA Securities 2021 Global Agriculture & Materials Conference will feature a panel discussion on March 4, 2021, at 11:00 a.m. ET. Investors can access the live or archived webcasts via the Clean Harbors Investor Relations website.
Clean Harbors (NYSE: CLH) will announce its fourth-quarter and full-year 2020 financial results during a conference call on February 24, 2021, at 9:00 a.m. ET. Key executives, including CEO Alan S. McKim and CFO Michael L. Battles, will discuss the company's financial performance, future outlook, and growth strategy. Clean Harbors stands as North America's leading provider of environmental and industrial services, catering to numerous industries and government agencies. The company emphasizes hazardous waste management, emergency response, and recycling services.
Clean Harbors (NYSE: CLH) has announced that CFO Michael L. Battles and SVP Investor Relations Jim Buckley will present at two virtual investor conferences in January 2021. The conferences are: Needham & Co. 23rd Annual Virtual Growth Conference on January 11, 2021, at 9:15 a.m. ET, and CJS Securities 21st Annual New Ideas for the New Year Conference on January 13, 2021, at 8:45 a.m. ET. Interested parties can access live or archived webcasts through the Investor Relations section of Clean Harbors’ website.
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