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) reported strong Q4 and full-year 2024 results, with Q4 revenues increasing 7% to $1.43 billion and full-year revenues reaching $5.89 billion. The company's Environmental Services segment showed impressive performance with 11% top-line growth and an Adjusted EBITDA margin exceeding 25%.
Q4 net income was $84.0 million ($1.55 per share), while full-year net income reached $402.3 million ($7.42 per share). The company achieved Q4 Adjusted EBITDA of $257.2 million and full-year Adjusted EBITDA of $1.12 billion.
For 2025, Clean Harbors provided guidance projecting Adjusted EBITDA between $1.15-1.21 billion and adjusted free cash flow of $430-490 million. The company successfully launched its new incinerator in Kimball, Nebraska, and delivered full-year net cash from operating activities of $777.8 million in 2024.
Clean Harbors (NYSE: CLH), North America's leading environmental and industrial services provider, has announced its participation in two upcoming investor conferences. The company will present at the Bank of America Securities 2025 Global Agriculture and Materials Conference in Fort Lauderdale, FL on Thursday, February 27 at 2:00 p.m. ET, and at the 46th Annual Raymond James Institutional Investor Conference in Orlando, FL on Tuesday, March 4 at 11:35 a.m. ET.
Both presentations will be accessible via live webcast through the 'Investor Relations' section of Clean Harbors' website at www.cleanharbors.com, where archived versions will also be available for later viewing.
Clean Harbors (NYSE: CLH), North America's leading environmental and industrial services provider, has scheduled its fourth-quarter and full-year 2024 financial results conference call for Wednesday, February 19, 2025, at 9:00 a.m. ET.
Co-CEOs Michael L. Battles and Eric W. Gerstenberg, CFO Eric J. Dugas, and SVP of Investor Relations Jim Buckley will discuss the company's financial results, business outlook, and growth strategy. Interested parties can access the conference call webcast through the Investor Relations section of Clean Harbors' website or by dialing 877.709.8155 or 201.689.8881. Participants are advised to dial in 10 minutes before the call starts.
Clean Harbors (NYSE: CLH), the leading provider of environmental and industrial services in North America, announced its participation in two upcoming investor conferences.
Senior management will present at the CJS Securities Annual New Ideas for the New Year on January 14, 2025 at 8:45 a.m. ET and at the 27th Annual Needham Growth Conference on January 15, 2025 at 11:45 a.m. ET.
Both events will be webcast live. To access the live or archived webcasts, visit the “Investor Relations” section on the Clean Harbors website at cleanharbors.com.
Clean Harbors (NYSE: CLH), North America's leading environmental and industrial services provider, has announced its participation in the Goldman Sachs Industrials and Materials Conference. CFO Eric J. Dugas and SVP Investor Relations Jim Buckley will engage in a fireside chat scheduled for December 5, 2024, at 10:00 a.m. ET. The event will be accessible via live webcast through the company's website at www.cleanharbors.com under the Investor Relations section.
Clean Harbors announced immediate pricing revisions for its Safety-Kleen subsidiary's used engine and industrial oils collection services. The company is implementing broad rate increases across its customer base in the U.S. and Canada, citing declining prices in base oil, vacuum gas oil (VGO), and recycled fuel oil (RFO), which have reduced the value of re-refined products. Additionally, Safety-Kleen will expand its stop fee program to offset rising transportation and labor costs. The changes aim to address market pressures and prevent further financial deterioration in the Safety-Kleen Sustainability Solutions (SKSS) segment.
Clean Harbors (NYSE: CLH) reported strong Q3 2024 financial results with revenue growing 12% to $1.53 billion and net income increasing 26% to $115.2 million. The company achieved an 18% growth in Adjusted EBITDA to $301.8 million with a margin of 19.7%. Environmental Services segment showed strong performance with 13% revenue growth, while Safety-Kleen Sustainability Solutions faced challenges due to softer demand. The company revised its full-year 2024 guidance, now expecting Adjusted EBITDA between $1.10-1.12 billion and adjusted free cash flow of $280-320 million. The new Kimball, Nebraska incinerator is scheduled for commercial launch in November.
Clean Harbors, Inc. (NYSE: CLH), North America's leading provider of environmental and industrial services, has announced its upcoming third-quarter 2024 financial results conference call. The call is scheduled for Wednesday, October 30, 2024, at 9:00 a.m. ET.
Key executives participating in the call include Co-Chief Executive Officers Michael L. Battles and Eric W. Gerstenberg, Chief Financial Officer Eric J. Dugas, and Senior Vice President of Investor Relations Jim Buckley. They will discuss Clean Harbors' financial results, business outlook, and growth strategy.
Interested parties can access the conference call webcast through the Investor Relations section of Clean Harbors' website at www.cleanharbors.com. Alternatively, the live call can be accessed by dialing 877.709.8155 or 201.689.8881. Listeners are advised to dial in at least 10 minutes before the call starts. For those unable to attend the live call, an archived version will be available on the company's website.
Clean Harbors, Inc. (NYSE: CLH) has expanded its Board of Directors to 13 members by appointing Co-Chief Executive Officers Michael Battles and Eric Gerstenberg as Class III directors, effective immediately. This move comes after their successful leadership as co-CEOs for the past year and a half, during which the company has made significant progress in executing its Vision 2027 growth strategy.
Eric Gerstenberg, 56, has been with Clean Harbors since 1989, most recently serving as Chief Operating Officer since 2015. Michael Battles, 56, joined the company in 2013 as Chief Accounting Officer and was promoted to CFO in 2016 before becoming Co-CEO in 2023. Both executives bring extensive experience in operations, finance, and strategic leadership to the board.
Clean Harbors, the leading environmental and industrial services provider in North America, has released its 2024 Sustainability Report. The report highlights the company's significant environmental impact in 2023:
• Avoided over 3.5 million metric tons of greenhouse gas (GHG) emissions, more than double its own operational emissions
• Responded to nearly 14,000 emergency events involving hazardous material releases
• Ranked 13th globally and 2nd among U.S. companies in the list of 100 Most Sustainable Corporations in the World
The report outlines Clean Harbors' sustainable services, including waste and recycling solutions, emergency response, wastewater treatment, and used oil recovery. It also updates progress on the company's 2030 environmental and social goals, emphasizing its commitment to helping customers achieve their sustainability objectives.