Whale Receipts
@WhaleReceipts
Insider trades and institutional positioning. Follow us with notifications so you don’t miss the next big trade.
Joined October 2012
11 Following 262.1K Followers
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Try building a competing hazardous-waste incinerator.
That’s where the $CLH thesis starts.
Clean Harbors owns the facilities, holds the permits and handles waste that customers need properly treated.
Q2 revenue reached $1.74 billion, up 12%. Net income rose 34%.
The facilities are expensive to build and operate, and environmental compliance adds another hurdle.
An unpleasant job can make a very interesting business.
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