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) announces participation in the 21st Annual D.A. Davidson Diversified Industrials and Services Conference. CFO Michael L. Battles and SVP of Investor Relations Jim Buckley will engage in a fireside chat on September 22, 2022, at 5:15 p.m. ET. Investors can access the live or archived webcast through Clean Harbors’ Investor Relations website. Clean Harbors provides comprehensive environmental and industrial services across North America, serving a wide array of industries, including energy and manufacturing.
Clean Harbors (NYSE: CLH) announced the addition of executives Alison Quirk and Shelley Stewart Jr. to its board of directors, expanding the board to 12 members, 11 of whom are independent. Quirk, formerly with State Street, brings expertise in HR, corporate strategy, and diversity initiatives, while Stewart, with a background at DuPont and Tyco, enhances the board’s operational efficiency and supply chain expertise. Both executives will serve crucial roles on board committees and will help Clean Harbors in executing its growth strategy.
Barr GeoSpatial Solutions, LLC has been formed through the acquisition of Airborne Imaging business from subsidiaries of Clean Harbors (NYSE: CLH). The acquisition enhances Barr's capabilities in providing comprehensive asset protection solutions, including advanced LiDAR sensors and methane leak detection. The combined entity boasts the largest independent LiDAR acquisition platform in North America, with eleven LiDAR sensors, and serves diverse markets like oil and gas, forestry, and government. Edward A. Feuerstein has been appointed CEO, with Airborne Imaging continuing as a standalone subsidiary.
Clean Harbors (NYSE: CLH) announced key executives, including CFO Michael L. Battles and COO Eric Gerstenberg, will participate in a fireside chat at the Raymond James Diversified Industrials Conference on August 23, 2022, at 1:10 p.m. ET. The event will be webcast live, accessible via the Investor Relations section of Clean Harbors’ website. As North America's leading environmental services provider, Clean Harbors supports a diverse clientele across various sectors.
Clean Harbors reports Q2 2022 revenues of $1.36 billion, a 46% increase year-over-year, and net income of $148.2 million or $2.71 per diluted share. Adjusted EBITDA rose 65% to $309.1 million. Growth is attributed to robust demand, effective pricing, and the acquisition of HydroChemPSC. The company raised its 2022 Adjusted EBITDA guidance to $975 million to $1.005 billion. Clean Harbors anticipates continued demand in the second half of 2022, supported by U.S. manufacturing and infrastructure spending.
Clean Harbors, Inc. (NYSE: CLH) will host a conference call on August 3, 2022, at 9:00 a.m. ET to discuss its second-quarter financial results. Key executives, including Chairman Alan S. McKim and CFO Michael L. Battles, will provide insights into the company's financial performance, business outlook, and growth strategies. Investors can access the call via the company's website or by phone. Clean Harbors is a leader in environmental and industrial services across North America.
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Clean Harbors (NYSE: CLH) announces participation in two upcoming investor conferences: the UBS Global Industrials and Transportation Conference on June 7, 2022, at 11:20 a.m. ET and the Stifel 2022 Cross Sector Insight Conference on June 8, 2022, at 11:30 a.m. ET. Investors can access live or archived webcasts via the Investor Relations section on their website. Clean Harbors is a leading provider of environmental and industrial services across North America, serving various industries such as chemical and energy, with a focus on hazardous waste management and recycling services.
Clean Harbors reported Q1 revenues of $1.17 billion, a 45% increase from the previous year, driven by strong demand for environmental services and industrial services. The company achieved a net income of $45.3 million (EPS of $0.83) and a 39% growth in Adjusted EBITDA to $180.3 million. Safety measures improved with a Total Recordable Incident Rate (TRIR) of 0.97. Clean Harbors raised its 2022 Adjusted EBITDA guidance to between $800 million and $830 million, anticipating continued demand and profitability growth.
Clean Harbors, Inc. (NYSE: CLH) announced participation in a fireside chat at the Stifel 2022 Investor Summit during WasteExpo in Las Vegas on May 9, 2022, at 3:30 p.m. PT (6:30 p.m. ET). Key executives, including CFO Michael L. Battles, EVP Craig Linington, and SVP Jim Buckley, will engage in discussions. The event will be available via live webcast on the company’s website. Clean Harbors is a leader in environmental and industrial services, serving a broad array of industries across North America.