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. reports recurring developments for a North American environmental and industrial services company. Its updates focus on Environmental Services results, hazardous waste collection, transportation, treatment, recycling and disposal, industrial cleaning and maintenance, emergency spill response, and regulatory waste-treatment topics such as PFAS disposal standards.
Clean Harbors news also covers its Safety-Kleen operations, including used-oil collection, re-refining, base oil and lubricant activity, parts washers, and environmental services for commercial, industrial and automotive customers. Company announcements commonly address quarterly financial results, segment profitability, capital allocation, investor conference participation, share repurchase activity and material agreements.
Clean Harbors (NYSE: CLH), a leader in environmental and industrial services in North America, has announced its participation in two upcoming investor conferences in January 2023. CFO Michael L. Battles and SVP Investor Relations Jim Buckley will present at the 25th Annual Needham Growth Conference on January 10 at 12:45 p.m. ET, and at the CJS 23rd Annual Virtual New Ideas Conference on January 11 at 1:35 p.m. ET. Interested investors can access live or archived webcasts on the company's Investor Relations website.
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Clean Harbors (NYSE: CLH) announced successful results from a third-party study demonstrating over 99.9999% PFAS destruction via high-temperature combustion at its RCRA-permitted facility in Utah. This study, validated by environmental scientist Philip H. Taylor, confirms the facility's capability to safely eliminate harmful PFAS compounds, addressing a significant environmental and public health challenge. The results suggest that Clean Harbors' thermal destruction units can effectively handle legacy and replacement PFAS, meeting stringent safety standards for emissions.
Clean Harbors has appointed Eric W. Gerstenberg and Michael L. Battles as co-CEOs, effective March 31, 2023, succeeding founder Alan S. McKim, who becomes Executive Chairman and CTO. This leadership transition comes after a comprehensive selection process, aiming to maintain stability for stakeholders. Gerstenberg, with over 30 years at Clean Harbors, and Battles, who joined in 2013, bring extensive experience to their new roles. The company emphasizes its strategic growth and commitment to environmental services, building on a legacy that has transformed the industry since 1980.
Clean Harbors (NYSE: CLH) reported a Q3 revenue growth of 43% to $1.36 billion, attributed to robust demand and the acquisition of HydroChemPSC. The net income reached $135.8 million with an EPS of $2.50, and adjusted EPS was $2.43. Adjusted EBITDA surged 67% to $308.6 million, with margin improvements reflecting stronger operational efficiencies. The company updated its 2022 guidance, projecting adjusted EBITDA between $1.010 billion and $1.030 billion, while adjusted free cash flow is expected between $260 million and $290 million.
Clean Harbors, Inc. (NYSE: CLH) will host its third-quarter 2022 financial results conference call on November 2, 2022, at 9:00 a.m. ET. The call will feature key executives discussing financial performance, business outlook, and growth strategy. Investors can listen via the Company’s website or by dialing in. Clean Harbors is North America’s leading environmental and industrial services provider, serving Fortune 500 companies across various sectors, including hazardous waste management and recycling.
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.