Clean Harbors, Inc.
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Clean Harbors is a Safe Harbor for Long-Term Investment
By Nick Chiu - May 13, 2013 | Tickers: CLH, RSG, WM
Clean Harbors (NYSE: CLH), with a market cap of $3.36 billion, is a provider of environmental, energy and industrial services throughout North America. After combining with Safety-Kleen, Clean Harbors now operates 5 segments, including Technical Services, Oil Re-refining and Recycling, Safety-Kleen Environmental Services, Industrial and Field Services and Oil and Gas Field Services.
Integration of Safety-Kleen
On May 1, 2013, Clean Harbors reported mixed earnings results for Q1, 2013 more »
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JANA Partners Strikes Oil
By Marshall Hargrave - May 13, 2013 | Tickers: CAM, CLH, OIS
Barry Rosenstein's JANA Partners is on the hunt again, this time targeting Oil States International (NYSE: OIS). JANA Partners recently revealed that it holds a 9.1% stake in Oil States, making it the oilfield servicer's largest shareholder. JANA has already indicated that they are going to be an active investor. According to JANA's SEC filing:
The Reporting Person acquired the Shares because it believes the Shares more »
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This Stock Is Not Justified Trading At A Premium To Its Peer
By Mark Lin - April 29, 2013 | Tickers: CLH, HCCI, BIN
Heritage-Crystal Clean (NASDAQ: HCCI) may have a strong balance sheet with little debt, but its smaller size and razor thin margins do not justify a premium valuation over its peer Clean Harbors (NYSE: CLHNYSE: CLH)). Clean Harbors owns Safety-Kleen, a clear market leader in parts cleaning and used oil re-refining - two of the key segments in which Heritage-Crystal Clean competes in.
Moats that matter
Heritage-Crystal Clean is the second largest provider more »
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This Stock Is Safe, But Not Cheap Enough
By Mark Lin - April 16, 2013 | Tickers: CLH, HCCI, BIN, ECOL
Heritage-Crystal Clean (NASDAQ: HCCI) may have a strong balance sheet, but its low ROA and the lack of a dividend do not justify a premium valuation of 30 times forward P/E. Clean Harbors (NYSE: CLHNYSE: CLH)), which owns Heritage-Crystal Clean’s key competitor Safety-Kleen, is cheaper with almost twice the ROA, but comes with higher financial risk in terms of leverage.
Headquartered in Elgin, Illinois, Heritage-Crystal Clean provides parts cleaning more »
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Millions of North American’s Trash is Turning Into Investors’ Treasure
By Ryan Guenette - February 25, 2013 | Tickers: CLH, RSG, SRCL, WCN, WM
A SWOT analysis is a look at a company’s strengths, weaknesses, opportunities, and threats, and is a tremendous way to gain a detailed and thorough perspective on a company and its future. As 2013 begins, I would like to focus on a leading waste management service company in North America: Waste Management (NYSE: WM).
The Business:
Warren Buffett once said, “Never invest in a business you can’t understand more »
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Cleanliness is Next to Godliness
By Joseph Solitro - February 13, 2013 | Tickers: CLH, VE, WM
When disaster strikes, chances are Clean Harbors (NYSE: CLH) will be on their way. Clean Harbors provides emergency response environmental, energy, and industrial cleanup services as well as natural disaster relief and cleanup worldwide. They also provide recycling, chemical packaging, and other uniquely positioned services. This company currently has waste management facilities in the United States, Canada, Puerto Rico, and Trinidad. These locations are important to note because a worldwide more »
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5 Key Moves Made by This Chicago-Based Hedge Fund Last Quarter
By Meena Krishnamsetty - February 6, 2013 | Tickers: ALOG, CLH, KFY, MYRG, WMS
Last month, we took a look at Ken Grossman and Glen Schneider's SG Capital Management, a Chicago-based investment advisory firm. Our original analysis focused on SG Capital’s top small-cap holdings, because as we’ve mentioned in our market-beating strategy, this space typically generates the most alpha for investors. Between 1999 and 2009, the 15 most popular small-cap stocks among hedge funds beat the market by more than 15 more »
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Waste is Good if You Are Clean Harbors
By j.a. graham - October 29, 2012 | Tickers: CLH, ECOL, WM
Clean Harbors (NYSE: CLH) cleans things up. The company is one of the larger environmental service companies in North America providing maintenance of industrial plants, expertise in handling environmental disasters, waste disposal and hazardous waste. The company also has a strong presence in energy on both the exploration and production sides. Clean Harbors was founded in 1980 by Alan McCoy who is still the CEO today.
In the 1970s and more »
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One Man’s Trash is Another Man’s Treasure
By Ryan Guenette - August 6, 2012 | Tickers: CWST, CLH, RSG, WCN, WM
When investing with a long-term spectrum, an investor may look for any number of characteristics in a company. Possibly the company is a trailblazer in finding a cure for a deadly disease. Maybe the company is perfectly positioned to take advantage of a long-term trend, such as healthy eating. All these companies will offer long-term growth, yet companies that provide necessities will preserve and nurture capital like no others.
One more »
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Where there is Waste there is Waste Management and Money
By Alvin Gonzales - June 11, 2012 | Tickers: CLH, RSG, SRCL, WM
Human civilization produces waste. It is just the way our civilization functions and grows. We produce consumer goods, which people buy, and as a result of this process produce waste material. According to the EPA, the average American will, in their lifetime, throw away about 600 times their adult weight in garbage. In other words, the average American will throw away about 90,000 lbs of garbage in their lifetime more »
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Getting Dirty with Peter Lynch
By Stephen Benz - May 21, 2012 | Tickers: CLH, VE, WM
In my tireless quest for self-education in investing, I am reading all the investment "classics" I can get my hands on. I started with Benjamin Graham's The Intelligent Investor, but made a mistake when I then tried to move on to another work of his, Security Analysis. When I reached the chapter titled "Misleading Artifices in the Income Account. Earnings of Subsidiaries", I gave up. I grabbed One Up more »
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Sandler Capital's Top Stock Picks
By Meena Krishnamsetty - February 21, 2012 | Tickers: ABB, CLH, DPZ, ROK, WM
Harvey Sandler founded Sandler Capital Management in 1988 and his son came on board in 1991 after working as a research analyst at Perry Partners. Today, after working as an analyst in the hedge fund team until 1997, Andrew Sandler serves as portfolio manager for the company's flagship hedge fund and is the head of the hedge fund business of the firm.
Recently Sandler released its latest holdings in more »
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US Ecology Cleans Up
By j.a. graham - February 17, 2012 | Tickers: CLH, GE, ECOL, WM
US Ecology (NASDAQ: ECOL) cleans up the garbage that good things bring to life. The company handles and disposes of hazardous waste. So when General Electric (NYSE: GE) was unable to forestall the EPA any longer on the PCB cleanup of the Hudson River, US Ecology was a beneficiary. ECOL has been handling hundreds of thousands of tons of PCB contaminated sludge from the river bottom at its Idaho waste more »