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Slide #11. Waste Management, Inc. — Summit Energy Services and Liquid Logistics
Waste Management, Inc. (NYSE:WM)
Summit Energy Services and Liquid Logistics
Waste Management, Inc. (NYSE:WM) today announced that it has acquired Summit Energy Services and Liquid Logistics, two Williston, North Dakota energy services companies. The acquisitions will enhance Waste Management's environmental service offerings to oil and gas industry customers working in the Bakken Shale formation.
Waste Management is a holding company. Through its subsidiaries, Co. is a provider of waste management environmental services. Co. partners with its residential, commercial, industrial and municipal customers and the communities it serves to manage and reduce waste at each stage from collection to disposal, while recovering resources and creating renewable energy. Co.'s Solid Waste business is operated and managed by its subsidiaries that focus on distinct geographic areas and provides collection, transfer, disposal, and recycling and resource recovery services. Through its subsidiaries, Co. is also a developer, operator and owner of landfill gas-to-energy facilities.
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Buy (2.80 out of 4)
(ranked lower than approx. 72% of all stocks covered)
Based on Zacks ABR data;
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