Clean Harbors Inc Stock Price, News & Analysis

Clean Harbors, a leading provider of environmental and industrial services in North America, announced participation in two upcoming investor conferences. The events include the Oppenheimer 18th Annual Industrial Growth Conference on May 9, 2023, at 1:30 p.m. ET, and the Goldman Sachs Industrials and Materials Conference on May 10, 2023, at 11:35 a.m. ET. Investors can access live or archived webcasts of the presentations on the Clean Harbors website. Founded in 1980 and headquartered in Massachusetts, Clean Harbors serves a diverse range of clients, including many Fortune 500 companies, by offering services such as hazardous waste management and industrial cleaning. For further details, visit www.cleanharbors.com.

Trex Company, Inc. (NYSE:TREX), a leader in eco-friendly composite decking, announced the appointment of Melkeya McDuffie as an independent member of its Board of Directors. Effective immediately, McDuffie brings extensive experience in human resources from her current role as Chief Human Resources Officer at Clean Harbors (NYSE:CLH). Her background includes senior positions at Waste Management and The Wallace Foundation. CEO Bryan H. Fairbanks stated that McDuffie's expertise in corporate strategy and talent development aligns with Trex’s commitment to organizational growth. Following her appointment, the board consists of ten members, with eight being independent. Trex continues to be recognized as a top brand in sustainable decking solutions.

Clean Harbors, Inc. (NYSE: CLH) will host its first-quarter 2023 financial results conference call on May 3, 2023, at 9:00 a.m. ET. The call will include discussions led by Co-CEOs Michael L. Battles and Eric W. Gerstenberg, along with CFO Eric J. Dugas and SVP of Investor Relations Jim Buckley, covering the company’s financial results, business outlook, and growth strategy. Clean Harbors is recognized as North America’s leading provider of environmental and industrial services, serving a diverse clientele including many Fortune 500 companies. The company specializes in hazardous waste management, emergency spill response, industrial cleaning, and recycling. Investors can access the call via the company’s website or by phone. For further details, visit www.cleanharbors.com.

Clean Harbors (NYSE: CLH) has unveiled its long-term growth strategy, "Vision 2027", during the 2023 Investor Day in Chicago. This strategy aims to enhance stakeholder value through disciplined capital allocation and targeted growth in core areas. The five-year financial targets include achieving ~$1.4 billion in Adjusted EBITDA from organic growth alone and ~$2.0 billion when combining organic growth with acquisitions. The company anticipates strong revenue growth, exceeding U.S. GDP by 100-300 basis points, aided by industry trends such as reshoring and sustainability. Clean Harbors continues to prioritize value creation and market stability.