Report
Matthew Young
EUR 100.00 For Business Accounts Only

Strong Pricing and Healthy E&P Waste Activity Offsetting Waste Connection's Recycling Headwinds

Traditional solid-waste specialist Waste Connections' second quarter top line grew about 3% on an organic basis, to roughly $1.24 billion, slightly below our expected run rate due to variability in the shedding of unfavorable accounts in the former Progressive Waste business. Relative to the same period last year, higher revenue stems from robust pricing conditions across the traditional solid-waste landscape and increased activity for the more specialized E&P waste division, only partly off...
Underlying
Waste Connections Inc.

Waste Connections is a solid waste services company in North America, providing waste collection, transfer, disposal and recycling services in mostly exclusive and secondary markets in the U.S. and Canada. Through its R360 Environmental Solutions subsidiary, Co. is also a provider of non-hazardous exploration and production (E&P), waste treatment, recovery and disposal services in several of the natural resource producing areas in the U.S. Co. also provides intermodal services for the rail haul movement of cargo and solid waste containers in the Pacific Northwest through a network of intermodal facilities.

Provider
Morningstar
Morningstar

Morningstar, Inc. is a leading provider of independent investment research in North America, Europe, Australia, and Asia. The company offer an extensive line of products and services for individual investors, financial advisors, asset managers, and retirement plan providers and sponsors.

Morningstar provides data on approximately 530,000 investment offerings, including stocks, mutual funds, and similar vehicles, along with real-time global market data on more than 18 million equities, indexes, futures, options, commodities, and precious metals, in addition to foreign exchange and Treasury markets. Morningstar also offers investment management services through its investment advisory subsidiaries and had approximately $185 billion in assets under advisement and management as of June 30, 2016.

We have operations in 27 countries.

Analysts
Matthew Young

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