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Waste Connection - WCN STOCK NEWS

Welcome to our dedicated page for Waste Connection news (Ticker: WCN), a resource for investors and traders seeking the latest updates and insights on Waste Connection stock.

Overview of Waste Connections

Waste Connections is an integrated solid waste services company that offers comprehensive solutions in waste collection, transfer, recycling, disposal, and specialized oilfield waste treatment. Operating in predominantly exclusive and secondary markets across the United States and Canada, the company serves residential, commercial, industrial, and energy sectors, addressing complex waste management challenges with efficiency and reliability.

Core Business Segments

The company organizes its operations through multiple robust segments:

  • Traditional Solid Waste Management: Encompassing waste collection, transfer, disposal, and resource recovery, this segment ensures that communities and businesses receive dependable waste management services.
  • Recycling and Renewable Fuels Generation: Waste Connections deploys advanced recycling processes and supports renewable fuels generation, reinforcing its commitment to environmental stewardship and resource efficiency.
  • Oilfield Waste Treatment: Through its R360 Environmental Solutions subsidiary, the firm provides non-hazardous oilfield waste treatment, recovery, and disposal services, catering to areas with significant natural resource production activities.
  • Intermodal and Rail Services: With a focus on streamlined logistics, the company offers intermodal services for moving cargo and solid waste containers, particularly in the Pacific Northwest market.

Market Position and Operational Excellence

Waste Connections has established a resilient market presence by targeting secondary and suburban markets that display promising demographic growth trends and where entry barriers protect its position. The firm has achieved geographic diversification by expanding its operations across numerous states and provinces, thereby delivering consistent service to a broad customer base. Its operational strategy—marked by strategic acquisitions and process innovations—empowers the company to maintain a strong competitive edge in a fragmented industry.

Industry-Specific Expertise and Technological Integration

Leveraging industry-specific technology and innovative treatment systems, Waste Connections implements advanced solutions to address emerging environmental challenges. For instance, the deployment of state-of-the-art PFAS treatment technologies at landfill sites illustrates its commitment to mitigating environmental risks while ensuring regulatory compliance. This proactive approach, combined with a focus on robust operational execution and employee retention, reinforces its reputation for expertise and reliability.

Competitive Differentiators

Waste Connections differentiates itself through a diversified service portfolio, operational efficiencies, and strategic market positioning. Its integrated service model enables reliable waste management across varied market segments. Furthermore, the company's responsiveness to regulatory and environmental challenges—by incorporating innovative treatment technologies and pursuing targeted acquisitions—sets it apart within the highly competitive waste services industry.

Commitment to Quality and Customer Service

At the core of its operations, Waste Connections is dedicated to providing cost-effective and sustainable waste management solutions. The company emphasizes safety, operational excellence, and reliability in its service delivery, ensuring that communities and businesses receive trustworthy and high-quality support for all their waste management needs.

Rhea-AI Summary
Waste Connections, Inc. (WCN) declares a regular quarterly cash dividend of $0.285 per common share, payable on May 23, 2024. The Board aims to increase dividends over time. Shareholders will receive payments in either U.S. or Canadian dollars based on their residency and depositary participation.
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Waste Connections, Inc. reports strong first quarter 2024 results with revenue reaching $2.073 billion, above expectations, and a 9.1% increase year over year. Net income of $230.1 million and adjusted EBITDA of $650.7 million also exceeded forecasts, showing a 14.8% growth from the previous year. The company's adjusted EBITDA margin expanded to 31.4%, up 160 basis points year over year. Waste Connections continues its acquisition activities, acquiring over $375 million in annualized revenue year-to-date. The company's President and CEO, Ronald J. Mittelstaedt, expressed satisfaction with the strong start to the year, citing improved operating and financial results, as well as positive trends in employee retention and safety performance.
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Waste Connections, Inc. (WCN) will report Q1 2024 financial results on April 24, 2024, with an investor conference call on April 25th. Executives will participate in various events during Q2 2024.
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Waste Connections, Inc. appoints Carl D. Sparks to its Board of Directors, bringing extensive experience in executive leadership and technology. Sparks, a seasoned executive, will join the Board effective March 1, 2024, enhancing the company's strategic direction.
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Waste Connections, Inc. announces the pricing of a $750 million senior notes offering at 5.000% due 2034. The net proceeds are expected to be approximately $734.2 million, with the offering closing on February 21, 2024. The funds will be used to repay borrowings under credit facilities. BofA Securities, J.P. Morgan, PNC Capital Markets LLC, and Truist Securities are the joint book-running managers and underwriters.
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Waste Connections, Inc. plans to offer senior notes in a public offering to repay borrowings under its credit facilities. BofA Securities, J.P. Morgan, PNC Capital Markets LLC, and Truist Securities are the underwriters for the Offering.
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Waste Connections, Inc. (WCN) reported strong financial results for the fourth quarter and full year of 2023, with revenue of $2.036 billion and $8.022 billion, respectively. Net income for the quarter was $126.8 million, and $762.8 million for the full year. Adjusted EBITDA margin expanded by 200 basis points in Q4 and 70 basis points for the full year. The company expects over 13% growth in adjusted EBITDA for 2024, with additional acquisitions contributing to revenue. Waste Connections aims for 120 basis points adjusted EBITDA margin expansion in 2024.
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Waste Connections, Inc. (WCN) declares a regular quarterly cash dividend of $0.285 per common share, to be paid on March 13, 2024. Shareholders of record on February 28, 2024, will receive the dividend. The Board aims to increase dividends long-term, with different payment currencies for US and Canadian shareholders.
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Waste Connections, Inc. completes acquisition of Secure Energy Services Inc.'s energy waste treatment and disposal facilities in Western Canada for CAD$1.075 billion. The acquisition includes 30 facilities and is expected to contribute approximately CAD$300 million in annual revenue. Waste Connections aims for margin expansion in 2024 with the addition of these disposal-oriented facilities.
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Waste Connections, Inc. (TSX/NYSE: WCN) will report Q4 2023 financial results on February 13, 2024. An investor conference call is scheduled for February 14th at 8:30 A.M. Eastern Time. The company executives will participate in several events during Q1 2024.
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FAQ

What is the current stock price of Waste Connection (WCN)?

The current stock price of Waste Connection (WCN) is $186.24 as of March 10, 2025.

What is the market cap of Waste Connection (WCN)?

The market cap of Waste Connection (WCN) is approximately 48.3B.

What services does Waste Connections provide?

Waste Connections offers comprehensive services ranging from waste collection, transfer, disposal, and recycling to specialized oilfield waste treatment and intermodal logistics solutions.

Which markets does Waste Connections serve?

The company primarily serves residential, commercial, industrial, and energy sectors across exclusive and secondary markets in the United States and Canada.

How does Waste Connections generate its revenue?

Revenue is derived across multiple segments including traditional solid waste management, recycling and renewable fuels generation, oilfield waste treatment, and intermodal transportation services.

What differentiates Waste Connections from its competitors?

Its integrated service model, strategic focus on high-potential markets, operational excellence, and adoption of advanced environmental technologies set Waste Connections apart in a fragmented industry.

What role does technology play in the company’s operations?

Technology is integral to their operations, from advanced recycling processes to innovative treatment systems that address environmental challenges such as PFAS contamination in landfill leachate.

How does Waste Connections support environmental compliance?

The company proactively implements innovative treatment technologies, adheres to stringent safety and regulatory standards, and continuously updates its operational practices to meet and exceed compliance requirements.

What is the significance of the R360 Environmental Solutions subsidiary?

R360 Environmental Solutions specializes in non-hazardous oilfield waste treatment, providing critical services in high-activity natural resource production areas and enhancing the company’s overall service offering.

How does Waste Connections ensure service quality and reliability?

With a diversified service portfolio, robust operational execution, and a commitment to employee engagement and safety, the company maintains high standards of quality and consistent performance across all markets.
Waste Connection

NYSE:WCN

WCN Rankings

WCN Stock Data

48.25B
255.98M
0.2%
89.95%
0.69%
Waste Management
Refuse Systems
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Canada
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