Company Summary
Waste Connections is an integrated solid waste services company that provides non-hazardous waste collection, transfer, disposal and recycling services across the U.S. and Canada. The company offers non-hazardous oilfield waste treatment, recovery and disposal services in several of the active natural resource producing areas in the United States, including the Permian, Bakken and Eagle Ford Basins through its R360 Environmental Solutions subsidiary.
It serves over six million residential, commercial, industrial, and exploration and production (E&P) customers in 43 states in the U.S. and six provinces in Canada. In addition, the company provides intermodal services for the movement of cargo and solid waste containers in the Pacific Northwest.
In 2021, Waste Connections generated $6.15 billion (up 13% year over year) in revenues. The company manages its operations through five geographic operating segments and its E&P segment.
The Southern segment (22% of total revenues in 2021) is comprised of locations in Alabama, Arkansas, Florida, Georgia, Louisiana, Mississippi, southern Oklahoma, western Tennessee and Texas.
The Eastern segment (24%) comprises Illinois, Iowa, Kentucky, Maryland, New Jersey, New York, North Carolina, Pennsylvania, Rhode Island, South Carolina, eastern Tennessee, Vermont, Virginia and Wisconsin.
The Western segment (20%) comprises operating locations in Alaska, California, Idaho, Montana, Nevada, Oregon, Washington and western Wyoming.
The Canada segment (14%) serves customers located in the state of Michigan and in the provinces of Alberta, British Columbia, Manitoba, Ontario, Quebec and Saskatchewan.
The Central segment (15%) includes Arizona, Colorado, Kansas, Minnesota, Missouri, Nebraska, New Mexico, Oklahoma, South Dakota, western Texas, Utah and eastern Wyoming.
The E&P segment (5%) serves customers in Arkansas, Louisiana, New Mexico, North Dakota, Oklahoma, Texas, Wyoming and along the Gulf of Mexico.
Through service line, the company generates revenues from waste collection, transfer, disposal and recycling services, non-hazardous E&P waste treatment, recovery and disposal services and intermodal services.