Waste Connections

WASTE CONNECTIONS REPORTS FIRST QUARTER 2024 RESULTS

Retrieved on: 
Wednesday, April 24, 2024
Table, Waste Connections, Safety, Culture, EDGAR, Acquisition, WCN, Adjustment, Municipal solid waste

Strong start to 2024 on price-led organic growth in solid waste, improving operating trends and continued acquisition activity

Key Points: 
  • Strong start to 2024 on price-led organic growth in solid waste, improving operating trends and continued acquisition activity
    Net income(a) of $230.1 million and adjusted EBITDA(b) of $650.7 million, above outlook and up 14.8% year over year
    Net income and adjusted net income(b) of $0.89 and $1.04 per share, respectively
    TORONTO, April 24, 2024 /PRNewswire/ -- Waste Connections, Inc. (TSX/NYSE: WCN) ("Waste Connections" or the "Company") today announced its results for the first quarter of 2024.
  • "These results reflect the value of our decentralized operating model and our commitment to a culture of accountability."
  • Waste Connections will be hosting a conference call related to first quarter earnings on April 25th at 8:30 A.M. Eastern Time.
  • Waste Connections will be filing a Form 8-K on EDGAR and on SEDAR (as an "Other" document) prior to markets opening on April 25th, providing the Company's second quarter 2024 outlook for revenue, price plus volume growth for solid waste, and adjusted EBITDA(b).

WASTE CONNECTIONS ANNOUNCES REGULAR QUARTERLY CASH DIVIDEND

Retrieved on: 
Wednesday, April 24, 2024
WCN, Waste Connections, DTC, Bank, Computershare, CDS

TORONTO, April 24, 2024 /PRNewswire/ -- Waste Connections, Inc. (TSX/NYSE: WCN) ("Waste Connections" or the "Company") today announced that its Board of Directors has declared a regular quarterly cash dividend of $0.285 U.S. per common share of the Company.

Key Points: 
  • TORONTO, April 24, 2024 /PRNewswire/ -- Waste Connections, Inc. (TSX/NYSE: WCN) ("Waste Connections" or the "Company") today announced that its Board of Directors has declared a regular quarterly cash dividend of $0.285 U.S. per common share of the Company.
  • The regular quarterly cash dividend will be paid on May 23, 2024 to shareholders of record at the close of business on May 8, 2024.
  • The Board intends to review the quarterly dividend each October, with a long-term objective of increasing the amount of the dividend.
  • Shareholders of Waste Connections whose common shares are held by a bank or broker that participates in U.S. depositary DTC will receive payment of their dividends in U.S. dollars.

ALTRA | SANEXEN wins the Water Sector Distinction Award from Réseau Environnement

Retrieved on: 
Wednesday, April 17, 2024
PFAS, Drinking water, Risk, Waste Connections, City, Water, Attention, Society, Salon, Ageing, Renewable energy

MONTRÉAL, April 17, 2024 /PRNewswire/ - ALTRA | SANEXEN won today the Water Sector Distinction Award from Réseau Environnement.

Key Points: 
  • MONTRÉAL, April 17, 2024 /PRNewswire/ - ALTRA | SANEXEN won today the Water Sector Distinction Award from Réseau Environnement.
  • "This award recognizes the exceptional work of our team in developing and deploying new technologies to protect our water sources and renew our drinking water infrastructure," said Jean-François Bolduc, President of ALTRA | SANEXEN.
  • Over the past 20 years, ALTRA | SANEXEN has established itself as the best process for renewing and protecting aging drinking water mains.
  • Over 350 North American cities and more than 2,500 km of watermains have been successfully lined with ALTRA.

WASTE CONNECTIONS ANNOUNCES DATES FOR FIRST QUARTER 2024 EARNINGS RELEASE AND UPCOMING MANAGEMENT PRESENTATIONS

Retrieved on: 
Wednesday, March 27, 2024
Conference, Waste Connections, News, WCN, Online shopping

TORONTO, March 27, 2024 /PRNewswire/ -- Waste Connections, Inc. (TSX/NYSE: WCN) ("Waste Connections" or the "Company") today announced that it will report financial results for the first quarter of 2024 after the close of the stock market on April 24, 2024.

Key Points: 
  • TORONTO, March 27, 2024 /PRNewswire/ -- Waste Connections, Inc. (TSX/NYSE: WCN) ("Waste Connections" or the "Company") today announced that it will report financial results for the first quarter of 2024 after the close of the stock market on April 24, 2024.
  • The Company will be hosting an investor conference call related to this release on April 25th at 8:30 A.M. Eastern Time.
  • A live audio webcast of the conference call can be accessed by visiting investors.wasteconnections.com and selecting "News & Events" from the website menu.
  • A replay of the conference call will be available until May 2, 2024, by calling 877-344-7529 (within North America) or 412-317-0088 (international) and entering Passcode #4074999.

WASTE CONNECTIONS APPOINTS CARL D. SPARKS TO ITS BOARD OF DIRECTORS

Retrieved on: 
Tuesday, February 20, 2024
Waste Connections, Copart, WCN, Marketing, Gilt Groupe, Boston Consulting Group, MBA, Princeton University, Expedia Group, Avis Budget Group, Academic Partnerships, Harvard Business School, Management

TORONTO, Feb. 20, 2024 /PRNewswire/ -- Waste Connections, Inc. (TSX/NYSE: WCN) ("Waste Connections" or the "Company") today announced that Carl D. Sparks has been appointed to its Board of Directors, effective March 1, 2024.

Key Points: 
  • TORONTO, Feb. 20, 2024 /PRNewswire/ -- Waste Connections, Inc. (TSX/NYSE: WCN) ("Waste Connections" or the "Company") today announced that Carl D. Sparks has been appointed to its Board of Directors, effective March 1, 2024.
  • "We are very pleased to welcome Carl to our Board," said Ronald J. Mittelstaedt, President and Chief Executive Officer.
  • Mr. Sparks has also served on the board of directors of Copart Inc. since 2021, and the board of directors of Cint Group AB since 2022.
  • Mr. Sparks holds a bachelor's degree from Princeton University and an MBA from Harvard Business School.

Waste Connections Announces Senior Notes Offering

Retrieved on: 
Thursday, February 15, 2024
Waste Connections, Attention, Truist, Capital market, WCN, Note, Telephone, J. P. Morgan, Floor, Fifth Avenue, Sale, Broadridge Financial Solutions, BofA Securities, Offering, Security (finance)

TORONTO, Feb. 15, 2024 /PRNewswire/ -- Waste Connections, Inc. (TSX/NYSE: WCN) ("Waste Connections" or the "Company") announced today that it plans to proceed, subject to market and other conditions, to offer senior notes (the "Notes") in an underwritten public offering (the "Offering").

Key Points: 
  • TORONTO, Feb. 15, 2024 /PRNewswire/ -- Waste Connections, Inc. (TSX/NYSE: WCN) ("Waste Connections" or the "Company") announced today that it plans to proceed, subject to market and other conditions, to offer senior notes (the "Notes") in an underwritten public offering (the "Offering").
  • The Notes will be senior unsecured obligations of the Company.
  • Waste Connections intends to use the net proceeds from the Offering to repay a portion of the borrowings outstanding under its revolving credit facility and a portion of the term loan outstanding under its term credit facility, in each case provided under its credit agreement.
  • BofA Securities, J.P. Morgan, PNC Capital Markets LLC and Truist Securities are acting as joint book-running managers and underwriters for the Offering.

WASTE CONNECTIONS ANNOUNCES REGULAR QUARTERLY CASH DIVIDEND

Retrieved on: 
Tuesday, February 13, 2024
Waste Connections, Bank, Computershare, WCN, CDS, DTC

TORONTO, Feb. 13, 2024 /PRNewswire/ -- Waste Connections, Inc. (TSX/NYSE: WCN) ("Waste Connections" or the "Company") today announced that its Board of Directors has declared a regular quarterly cash dividend of $0.285 U.S. per common share of the Company.

Key Points: 
  • TORONTO, Feb. 13, 2024 /PRNewswire/ -- Waste Connections, Inc. (TSX/NYSE: WCN) ("Waste Connections" or the "Company") today announced that its Board of Directors has declared a regular quarterly cash dividend of $0.285 U.S. per common share of the Company.
  • The regular quarterly cash dividend will be paid on March 13, 2024 to shareholders of record at the close of business on February 28, 2024.
  • The Board intends to review the quarterly dividend each October, with a long-term objective of increasing the amount of the dividend.
  • Shareholders of Waste Connections whose common shares are held by a bank or broker that participates in U.S. depositary DTC will receive payment of their dividends in U.S. dollars.

WASTE CONNECTIONS REPORTS FOURTH QUARTER 2023 RESULTS AND PROVIDES 2024 OUTLOOK

Retrieved on: 
Tuesday, February 13, 2024
Acquisition, Waste Connections, WCN, Renewable natural gas, Municipal solid waste, Growth, Table, EDGAR, Safety, Capital expenditure, Capital, RNG, Bookkeeping

TORONTO, Feb. 13, 2024 /PRNewswire/ -- Waste Connections, Inc. (TSX/NYSE: WCN) ("Waste Connections" or the "Company") today announced its results for the fourth quarter of 2023 and outlook for 2024.   

Key Points: 
  • Solid waste organic growth led by 8.7% core pricing was bolstered by improvements in commodity-driven revenues during the quarter, providing momentum for 2024.
  • Mr. Mittelstatedt concluded, "We are extremely pleased by our 2023 results and our positioning for outsized growth in 2024.
  • Waste Connections also announced its outlook for 2024, which assumes no change in the current economic environment.
  • Waste Connections will be hosting a conference call related to fourth quarter earnings on February 14th at 8:30 A.M. Eastern Time.

WASTE CONNECTIONS ANNOUNCES CLOSING OF ACQUISITION OF SECURE ENERGY WASTE DIVESTITURES IN WESTERN CANADA

Retrieved on: 
Thursday, February 1, 2024
Biophysical environment, Secure, Competition Bureau, Social, Tervita, Waste Connections, Safety, Recycling, Cave, CAD, Municipal solid waste, Competition, TSX, PSLRA, Acquisition, Pacific Northwest, Risk, WCN, Movement

TORONTO, Feb. 1, 2024 /PRNewswire/ -- Waste Connections, Inc. (TSX/NYSE: WCN) ("Waste Connections" or "the Company") today announced the closing of the previously announced acquisition of the Secure Energy Services Inc. (TSX: SES) ("Secure") portfolio of 30 energy waste treatment and disposal facilities in Western Canada for an aggregate purchase price of CAD$1.075 billion.

Key Points: 
  • TORONTO, Feb. 1, 2024 /PRNewswire/ -- Waste Connections, Inc. (TSX/NYSE: WCN) ("Waste Connections" or "the Company") today announced the closing of the previously announced acquisition of the Secure Energy Services Inc. (TSX: SES) ("Secure") portfolio of 30 energy waste treatment and disposal facilities in Western Canada for an aggregate purchase price of CAD$1.075 billion.
  • "We are pleased to expand our R360 E&P waste operations into Canada, and we welcome the former Secure employees to the Waste Connections family," said Ronald J. Mittelstaedt, President and Chief Executive Officer.
  • Waste Connections ( wasteconnections.com ) is an integrated solid waste services company that provides non-hazardous waste collection, transfer and disposal services, including by rail, along with resource recovery primarily through recycling and renewable fuels generation.
  • You should not place undue reliance on forward‑looking statements, which speak only as of the date of this press release.

Avista signs new renewable natural gas contract

Retrieved on: 
Monday, January 29, 2024
Natural gas, Waste Connections, RNG, Methane, RFP, Atmosphere, Environment, Transport

SPOKANE, Wash., Jan. 29, 2024 (GLOBE NEWSWIRE) -- Avista recently signed an agreement with Pine Creek RNG (“Pine Creek”) to purchase renewable natural gas (“RNG”) to be produced at the Quad Cities Landfill in Milan, IL.

Key Points: 
  • SPOKANE, Wash., Jan. 29, 2024 (GLOBE NEWSWIRE) -- Avista recently signed an agreement with Pine Creek RNG (“Pine Creek”) to purchase renewable natural gas (“RNG”) to be produced at the Quad Cities Landfill in Milan, IL.
  • In October 2022, Avista released a request for proposal (RFP) to secure RNG resources for its customers over the long term.
  • The total output of Pine Creeks projects contracted with Avista is an expected 9.7 million therms annually, which is the equivalent amount of natural gas used by approximately 17,500 homes.
  • “These RNG projects help Avista meet our aspirational goals to reduce natural gas emissions,” said Jason Thackston, Avista’s chief strategy and clean energy officer.