The company secured additional work from an existing client with deep pockets.Environmental and industrial services company Clean Harbors (CLH +4.82%) was cleaning up on the stock market Tuesday, with a nearly 5% gain in price on the day. That was mainly due to a new set of contracts it won for a project deep in the Pacific Ocean. Filtering successThat morning, Clean Harbors announced it had been awarded a series of contracts collectively worth $110 million at the U.S. military's Joint Base Pearl Harbor-Hic ...

PresentationÉlé Asu The magic of urban heating from the plant through the city pipes straight to this very building where we are here today. Hello, ladies and gentlemen. Welcome. Thank you to all of you present here today in Poznan and to everyone connected remotely. Thank you for joining us for this Thema dedicated to new urban energy. Now as with previous editions, the aim here is to connect group level strategy with operational realities to give you all a clear view of Veolia's innovation capacity and it ...

LITTLE ROCK, Ark.--(BUSINESS WIRE)--Montrose Environmental Group, Inc. (NYSE: MEG) is on a mission to enhance environmental stewardship and support economic development by helping communities unlock federal funding for brownfields restoration and community revitalization. In 2025, Montrose assisted with over 20 EPA Grant applications totaling more than $45 million in potential awards—many for communities that didn't even know they qualified for funding or had a compelling story to tell. These g. ...

Long Cast Advisers, an investment management firm, released its third-quarter 2025 investor letter. A copy of the letter can be downloaded here. In the third quarter, the fund’s cumulative net returns improved 4%. The fund returned a cumulative 266% net of fees, or 14% CAGR, since its inception in November 2015 through the quarter-end of Q3 2025. In addition, you can check the fund’s top 5 holdings to determine its best picks for 2025. In its third-quarter 2025 investor letter, Long Cast Advisers highligh ...

Core Insights - Republic Services donated 1,000 turkeys to families in Tennessee ahead of Thanksgiving, addressing the challenges posed by rising grocery prices [1][2] - The turkey distribution was conducted in partnership with local nonprofit organizations and community leaders to support areas identified as needing assistance [2] - Republic Services aims to create sustainable neighborhoods through community investment, targeting 45 million people by 2030 [2][3] Company Overview - Republic Services, Inc. is a leader in the environmental services industry, offering a comprehensive range of products and services including recycling, solid waste, and hazardous waste management [3] - The company is recognized for its commitment to sustainability and has been included in several prestigious lists, such as Barron's 100 Most Sustainable Companies and Fortune's World's Most Admired Companies [2][3]

Group 1 - Montrose Environmental Group (MEG) has achieved profitability for two consecutive quarters [1] - MEG services are experiencing increased demand, with a 5-year average growth rate [1]

Core Viewpoint - Enviri Corporation has entered into a definitive agreement with Veolia Environnement SA for the acquisition of Clean Earth for $3.04 billion, with Enviri shareholders expected to receive cash consideration of $14.50 - $16.50 per share, while retaining ownership of Harsco Environmental and Rail through a spin-off into a new publicly traded company, New Enviri [1][4][12]. Transaction Details - The transaction involves a taxable spin-off of Harsco Environmental and Rail businesses to Enviri shareholders, who will receive 0.33 shares of New Enviri for each Enviri share held [2]. - Enviri plans to repay approximately $1.35 billion of existing debt, resulting in New Enviri being conservatively capitalized with a net debt to Adjusted EBITDA ratio of approximately 2.0x [3][12]. Management and Leadership - Russell Hochman has been appointed as President and Chief Operating Officer of Enviri and will become the Chief Executive Officer of New Enviri upon the separation [6][8]. - Nick Grasberger will remain with Enviri through the completion of the Clean Earth sale to ensure a smooth transition to the New Enviri management team [7]. Financial Structure and Positioning - The cash consideration for shareholders will be finalized by the Enviri Board before closing, considering existing debt repayment and transaction costs [3]. - New Enviri is expected to have a strong capital structure and improved cash flow profile, positioning it for future growth and value creation [4][12]. Timing and Approvals - The sale of Clean Earth is anticipated to close in mid-2026, pending shareholder approval and customary regulatory approvals [9].

EQT is nearing a deal to acquire a majority stake in European environmental service company Desotec from Blackstone, four years after it sold the business to the US private equity firm, according to people familiar with the matter https://t.co/3S60A7RJO7 ...

Company Overview - Republic Services, Inc. (RSG) has a market cap of $64.9 billion and is one of North America's largest environmental services providers, serving approximately 13 million customers with non-hazardous waste collection, recycling, landfill operations, and renewable energy solutions [1] Stock Performance - RSG stock has underperformed compared to the broader market, with a marginal increase over the past 52 weeks and a 4.3% gain year-to-date, while the S&P 500 Index has seen gains of 13.2% over the past year and 14.5% in 2025 [2] - Within its industry, RSG has also lagged, trailing the Industrial Select Sector SPDR Fund's 8.7% increase over the past 52 weeks and 15.4% year-to-date [3] Financial Performance - In the third quarter, Republic Services reported revenue of $4.21 billion, reflecting a 3.3% year-over-year increase, driven by 1.7% organic growth and 1.6% from acquisitions [4] - Core pricing increased by 5.9%, but overall volumes decreased by 0.3% due to softer construction and manufacturing activity, as well as the company's strategy to exit lower-margin contracts [4] - Adjusted EPS rose to $1.90, supported by an 80-basis point expansion in adjusted EBITDA margin to 32.8% [4] Future Outlook - For the full fiscal year 2025, analysts project an adjusted EPS of $6.87, representing a 6.4% year-over-year increase [5] - The company has a strong earnings surprise history, having exceeded analysts' bottom-line estimates in each of the past four quarters [5] - The stock has a consensus "Moderate Buy" rating, with 13 "Strong Buys," two "Moderate Buys," and 11 "Holds" from 26 analysts [5] Analyst Sentiment - The current analyst configuration is more bullish than a month ago, with an increase in "Strong Buy" recommendations from 12 to 13 [6] - Oppenheimer analyst Noah Kaye reiterated a "Buy" rating on Republic Services with a price target of $263 [6]

Financial Performance - Revenue increased by 25.9% to $224.9 million in 3Q25 compared to 3Q24[12, 17] - YTD25 revenue increased by 25.6% to $637.3 million compared to YTD24[19] - Net income increased to $8.4 million, resulting in $0.21 EPS in 3Q25[12, 22] - Consolidated Adjusted EBITDA grew by 18.9% to $33.7 million in 3Q25, representing 15% of revenue[12] - YTD25 Consolidated Adjusted EBITDA increased by 34.6% to $92.3 million, representing 14.5% of revenue[29] Guidance and Outlook - The company increased FY25 revenue guidance, expecting 18% growth over FY24[12] - The company increased FY25 Consolidated Adjusted EBITDA guidance, expecting 20% growth over FY24[12] - The company expects FY26 Consolidated Adjusted EBITDA to be at or above $125 million[12] Segment Performance - Assessment, Permitting & Response (AP&R) segment revenue increased to $91.1 million in 3Q25[56] - Measurement & Analysis segment revenue increased to $63.0 million in 3Q25[65] - Remediation & Reuse segment revenue increased to $70.8 million in 3Q25[71] Strategic Priorities - The company redeemed the remaining $122.2 million Series A-2 Preferred Stock ahead of schedule[30] - The company exceeded its leverage objective, delivering 2.7x leverage as of 3Q25[33] - The company achieved 60.2% of Operating Cash Flow as a percentage of Consolidated Adjusted EBITDA YTD25[33, 49] - The company generated $38.8 million in Free cash flow YTD25, representing 42% of Consolidated Adjusted EBITDA[33]