In an era when artificial intelligence (AI) and quantum computing stocks are generating more hype than ever, it is easy to overlook reliable compounders with wide moats. One of my personal favorites is North America's largest trash and recycling juggernaut, Waste Management (WM -0.10%).Since the turn of the millennium, Waste Management has been a 23-bagger -- quadrupling the total returns of the S&P 500 (^GSPC 0.27%). Better yet, for passive income seekers, the company increased its dividend payments for 21 ...

为完成整改，惠州市加强污泥处置能力建设，制定实施了《惠州市生活污泥处置能力保障工作方案》， 博罗光大生活污泥处理处置项目、惠阳绿色动力（601330）于2022年建成投产，仲恺高新区环境生态园 项目（一期）（原"仲恺生活污泥厂项目"）于2023年完成工程建设。2023年1-12月全市日均产泥量865.1 吨，2023年年底污泥稳定处置能力1450吨/日。 截至目前，未发现存在生活污泥非法转移倾倒行为。 南都讯 记者杨振华 日前，惠州市委、惠州市政府公示了第二轮中央生态环境保护督察第五十四项任务 整改完成情况，该任务已完成整改，具备验收销号条件。 2021年4月19日，惠州市已责令州鑫隆环境服务有限公司停产整改，并停止接收处置生活污泥。2021年7 月12日，企业存库生活污泥已全部实行转运处置。鑫隆环境公司积极配合调查，已将应付英德润田环保 科技公司的剩余款项（143.4万元人民币）交由英德市公安局进行处置，作为清理涉案污泥处置费用。 目前，英德润田公司涉案人员均已归案处理，相关案件已判决并结案。 据悉，惠州市生活污泥产生量约900吨/日，实际处置能力缺口约300吨/日，2021年上半年大量污泥堆 积，直至督察 ...

TORONTO, June 30, 2025 /PRNewswire/ -- Waste Connections, Inc. (TSX/NYSE: WCN) ("Waste Connections" or the "Company") today announced that it will report financial results for the second quarter of 2025 after the close of the stock market on July 23, 2025. The Company will be hosting an investor conference call related to this release on July 24th at 8:30 A.M. Eastern Time. Waste Connections logo. (PRNewsFoto/Waste Connections, Inc.) (PRNewsFoto/WASTE CONNECTIONS_ INC_) A live audio webcast of the conf ...

RUTLAND, Vt., June 12, 2025 (GLOBE NEWSWIRE) -- Casella Waste Systems, Inc. (“Casella”) (Nasdaq: CWST), a regional solid waste, recycling, and resource management services company, today announced that it will ring the Opening Bell at the Nasdaq MarketSite in Times Square on Tuesday, June 17, 2025. Casella Chairman and CEO John W. Casella, President Ned Coletta, and Founder and Vice Chairman Doug Casella will be joined by members of the Casella leadership team and its board of directors. “It’s an honor to b ...

Financial Data and Key Metrics Changes - Consolidated adjusted EBITDA from continuing operations for Q4 was $176.8 million, up approximately 20% from $147.9 million in the prior year [5] - Full year adjusted EBITDA from continuing operations was $622.9 million, exceeding previous guidance of $620 million [6] Business Line Data and Key Metrics Changes - Water Solutions adjusted EBITDA for Q4 was $154.9 million, compared to $123.4 million in the prior year [6] - Physical water disposal volumes increased to 2.73 million barrels per day in Q4 from 2.39 million barrels per day in the prior year [6] - Crude Oil Logistics adjusted EBITDA decreased to $13.1 million in Q4 from $15.3 million in the prior year, primarily due to lower volumes on the Grand Mesa pipeline [8][9] - Liquids Logistics adjusted EBITDA was $17.7 million in Q4, down from $22.2 million in the prior year [10] Market Data and Key Metrics Changes - Total volumes paid for disposal increased by 11% in Q4 compared to the same quarter of the previous year [6] - Operating cost per barrel for Water Solutions was $0.22 for fiscal 2025, down from $0.24 in fiscal 2024 [7] Company Strategy and Development Direction - The company is focusing on core assets after completing non-core asset sales, which will reduce volatility and seasonality of adjusted EBITDA [4] - The strategic shift towards becoming more of a water solutions business, with approximately 85% of adjusted EBITDA expected to come from this segment [14] - Plans to continue reducing leverage and improving capital structure by addressing Class D preferred units [16] Management's Comments on Operating Environment and Future Outlook - Management noted that despite oil price uncertainty, there has been no drop-off in customer activity in the Corita Basin [8] - The company is well-positioned with 90% of volumes committed through acreage dedications and MVCs, with 80% of total volumes from investment-grade counterparties [8] - Future guidance for fiscal 2026 is an adjusted EBITDA of $615 million to $625 million, with total capital expenditures of $105 million [10] Other Important Information - The company completed the sale of 18 natural gas liquids terminals and other non-core assets, raising $270 million [4][14] - The wind down of the biodiesel business has been completed, eliminating significant working capital requirements [4] Q&A Session Summary Question: Can you offer more color on your expectations by business for 2026 guidance? - Management explained that the water guidance midpoint implies about $560 million, accounting for a $20 million decline in skim oil revenues due to lower crude prices and less than $10 million in asset sales not included in future EBITDA [18][19] Question: What are the conversations with customers regarding growth opportunities? - Management indicated that they are recontracting expiring long-term contracts and have seen growth through existing agreements, with no slowdown in volumes currently [20][25] Question: How much lower could capital spending go? - Management stated that while there might be slight flexibility, capital expenditures are already low, primarily focused on water [33][34] Question: How do you view variability in water volumes for the year? - Management noted that while there can be fluctuations based on customer completions, they have a strong base and are currently ahead of budget for the first quarter [37][41] Question: Will there be a reinstatement of common unit distributions? - Management clarified that there are no plans for near-term distributions as the focus is on addressing Class D preferred units and reducing leverage [50][51]

(L-R Daniel Hale, Frank Corl, Juan Caraballo) RUTLAND, Vt., May 27, 2025 (GLOBE NEWSWIRE) -- Casella Waste Systems, Inc. (Nasdaq: CWST), a regional solid waste, recycling and resource management services company, is pleased to announce that three drivers were recently honored by the National Waste & Recycling Association (NWRA) as part of its annual Drivers and Operators of the Year program. Representing an elite group of waste and recycling collection drivers, from a total of 141,000 refuse trucks operati ...

Group 1: Company Performance - Republic Services, Inc. (RSG) shares have increased by 35.7% over the past year, outperforming its industry and the Zacks S&P 500 composite, which grew by 11.6% and 13.2%, respectively [1] - Revenues are projected to grow by 5.3% in 2025 and 5.1% in 2026, while earnings are expected to rise by 6.7% in 2025 and 9.7% in 2026 [1][2] Group 2: Market Trends - The solid waste management market is anticipated to reach $77.3 billion by 2025 and $89.6 billion by 2030, growing at a CAGR of 3% from 2025 to 2030, providing opportunities for RSG to capture a larger market share [2] - Global municipal solid waste is projected to increase from 2.1 billion tons in 2023 to 3.8 billion tons by 2050, leading to higher collection frequency and increased demand for services, which will benefit RSG's collection segment that has contributed approximately 68% to its revenue over the past three quarters [3] Group 3: Shareholder Returns - RSG has consistently rewarded shareholders through dividend payments and share repurchase strategies, paying $592.9 million, $650 million, and $687 million in dividends in 2022, 2023, and 2024, respectively, along with share repurchases of $203.5 million, $261.8 million, and $482 million during the same period [4] Group 4: Competitive Landscape - The company faces significant competition, particularly from municipalities that conduct their own waste collection and disposal, which can threaten RSG's market share [7] - Increased competitive pressure necessitates innovation and cost efficiency, compelling the company to invest in technology and talent [7]

Core Points - Waste Connections, Inc. held its Annual Meeting of Shareholders where all eight director nominees were elected [1] - The voting results showed high approval rates for the nominees, with the highest being 99.17% for Cherlyn Harley LeBon and Carl D. Sparks [2] - Shareholders approved the compensation of named executive officers on a non-binding advisory basis and appointed Grant Thornton LLP as the independent registered public accounting firm for 2025 [3] Company Overview - Waste Connections is an integrated solid waste services company providing non-hazardous waste collection, transfer, and disposal services, serving approximately nine million customers across 46 states in the U.S. and six provinces in Canada [5] - The company emphasizes its Environmental, Social, and Governance (ESG) efforts as integral to its business, focusing on long-term value creation, emissions reduction, and resource recovery [5]

Group 1 - Commercial Metals Company (CMC) has completed the sale of $150.0 million in Solid Waste Disposal Facilities Revenue Bonds, which will be used to finance the construction of solid waste disposal facilities in Berkeley County, West Virginia [1][2] - The Bonds will have an interest rate of 4.625% per annum and are set to mature in 2055, with CMC responsible for the debt service and repayment of the principal [2] Group 2 - CMC is positioned as an innovative solutions provider in the construction sector, offering products and technologies to meet reinforcement needs across various applications, including infrastructure and energy generation [4]

Core Viewpoint - Waste Management's stock declined by 4% amidst a broader market rally, indicating a shift in investor sentiment towards higher-risk stocks due to optimism surrounding a potential U.S.-China trade deal [1][4]. Company Performance - Despite the stock drop, Waste Management's operations remain unchanged, suggesting that the decline is not reflective of the company's fundamentals [2]. - Over the past decade, Waste Management has outperformed the S&P 500, doubling its total returns and more than quadrupling in value [6]. Market Sentiment - The current market environment is characterized by a "risk-on" attitude, favoring high-beta stocks over low-volatility investments like Waste Management [4][6]. - The market's bullish sentiment may overlook Waste Management's potential as a growth stock, given its consistent performance and strategic acquisitions [6]. Strategic Acquisitions - Waste Management has made approximately 100 acquisitions since 2018, contributing to steady sales growth and enhancing its growth narrative [7]. - The company is expanding its presence in the renewable natural gas sector and diversifying into healthcare waste disposal through the acquisition of Stericycle [7].