Heritage-Crystal Clean Inc. (NASDAQ: HCCI) was featured in a recent equity research report published by ROTH Capital Partners LLC. The report reads, “Results outperformed on the top line and met EBITDA expectations. ES growth was aided by a field service project, which also impacts 1Q 20. Field service work aside, branch activity remains robust with projected organic growth of 7-9%. Oil revenue was in line and re-refinery operations continue to operate well with plant capacity expanding. Margins were impacted by headwinds in ES, which should abate by 2H 2020. ES has a runway of growth; Oil continues to improve – maintain Buy.”
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About Heritage-Crystal Clean Inc.
Heritage-Crystal Clean Inc. provides parts cleaning, used oil re-refining, and hazardous and non-hazardous waste services to small and mid-sized customers in both the manufacturing and vehicle service sectors. Our service programs include parts cleaning, containerized waste management, used oil collection and re-refining, vacuum truck services and waste antifreeze collection and recycling. These services help our customers manage their used chemicals and liquid and solid wastes, while also helping to minimize their regulatory burdens. Our customers include businesses involved in vehicle maintenance operations, such as car dealerships, automotive repair shops, and trucking firms, as well as small manufacturers, such as metal product fabricators and printers. Through our used oil re-refining program, we recycle used oil into high quality lubricating base oil, and we are a supplier to firms that produce and market finished lubricants. Heritage-Crystal Clean, Inc. is headquartered in Elgin, Illinois, and operates through 89 branches serving over 90,000 customer locations.
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