STOCK TITAN

Heritage-Crystal Clean Inc - HCCI STOCK NEWS

Welcome to our dedicated news page for Heritage-Crystal Clean (Ticker: HCCI), a resource for investors and traders seeking the latest updates and insights on Heritage-Crystal Clean.

Our selection of high-quality news articles is accompanied by an expert summary from Rhea-AI, detailing the impact and sentiment surrounding the news at the time of release, providing a deeper understanding of how each news could potentially affect Heritage-Crystal Clean's stock performance. The page also features a concise end-of-day stock performance summary, highlighting the actual market reaction to each news event. The list of tags makes it easy to classify and navigate through different types of news, whether you're interested in earnings reports, stock offerings, stock splits, clinical trials, fda approvals, dividends or buybacks.

Designed with both novice traders and seasoned investors in mind, our page aims to simplify the complex world of stock market news. By combining real-time updates, Rhea-AI's analytical insights, and historical stock performance data, we provide a holistic view of Heritage-Crystal Clean's position in the market.

Rhea-AI Summary
Heritage-Crystal Clean Inc to be removed from Tortoise Recycling Decarbonization Index due to acquisition
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
-- %
Tags
none
-
Rhea-AI Summary
Heritage-Crystal Clean acquired by J.F. Lehman & Company in a $1.2 billion all-cash transaction
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
-- %
Tags
-
Rhea-AI Summary
Crystal Clean to be acquired by J.F. Lehman & Company for $45.50 per share in cash, totaling approximately $1.2 billion.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
0.13%
Tags
Rhea-AI Summary
Acquisition by J.F. Lehman & Company to close in Q4 2023, no competing proposals received during 'go-shop' period
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
-1.66%
Tags
-
Rhea-AI Summary
Heritage-Crystal Clean, Inc. (Nasdaq: HCCI) reported second-quarter revenue of $192.2 million, a 22.7% increase compared to the same quarter last year. The Environmental Services segment revenue reached a record high of $96.0 million, a 22.8% increase. Industrial and Field Services segment revenue also saw a significant increase of 243.5% to $47.1 million. However, overall operating profit decreased by $9.5 million, and net income for the quarter was $8.6 million, compared to $21.1 million in the year-ago quarter.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
-1.22%
Tags
-
Rhea-AI Summary
Heritage-Crystal Clean, Inc. (HCCI) plans to release its financial results for the second quarter of 2023, which ended June 30, 2023, after the market close on Wednesday, August 9, 2023. The company has entered into a definitive merger agreement to be acquired by an investment affiliate of J.F. Lehman & Company in an all-cash transaction that values Crystal Clean at approximately $1.2 billion. Due to the pending transaction, the Company will not be hosting a conference call for the second quarter of 2023.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
-- %
Tags
Rhea-AI Summary
Heritage-Crystal Clean, a provider of environmental and waste disposal services, will be acquired by J.F. Lehman & Company in an all-cash transaction valued at approximately $1.2 billion. Shareholders will receive $45.50 per share, representing a premium of 24.9% to the stock's 60-day volume-weighted average price. The transaction is expected to close in Q4 2023.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
11.11%
Tags
-
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
5.39%
Tags
-
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
-3.29%
Tags
none
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
-4.17%
Tags
Heritage-Crystal Clean Inc

NYSE:HCCI

HCCI Rankings

HCCI Stock Data

1.11B
14.14M
31.69%
64.9%
0.98%
All Other Miscellaneous Waste Management Services
Administrative and Support and Waste Management and Remediation Services
Link
United States
Hoffman Estates

About HCCI

heritage-crystal clean, inc. provides parts cleaning, used oil re-refining, and hazardous and non-hazardous waste services to small and mid-sized customers in both the manufacturing and vehicle service sectors. our service programs include parts cleaning, containerized waste management, used oil collection and re-refining, and vacuum truck services. these services help our customers manage their used chemicals and liquid and solid wastes, while also helping to minimize their regulatory burdens. our customers include businesses involved in vehicle maintenance operations, such as car dealerships, automotive repair shops, and trucking firms, as well as small manufacturers, such as metal product fabricators and printers. through our used oil re-refining program, we recycle used oil into high quality lubricating base oil, and we are a supplier to firms that produce and market finished lubricants. heritage-crystal clean, inc. is headquartered in elgin, illinois, and operates through 74 branc