Ad blocking detected

Thank you for visiting CanadianInsider.com. We have detected you cannot see ads being served on our site due to blocking. Unfortunately, due to the high cost of data, we cannot serve the requested page without the accompanied ads.

If you have installed ad-blocking software, please disable it (sometimes a complete uninstall is necessary). Private browsing Firefox users should be able to disable tracking protection while visiting our website. Visit Mozilla support for more information. If you do not believe you have any ad-blocking software on your browser, you may want to try another browser, computer or internet service provider. Alternatively, you may consider the following if you want an ad-free experience.

Canadian Insider Club
$299/ year*
Daily Morning INK newsletter
+3 months archive
Canadian Market INK weekly newsletter
+3 months archive
30 publication downloads per month from the PDF store
Top 20 Gold, Top 30 Energy, Top 40 Stock downloads from the PDF store
All benefits of basic registration
No 3rd party display ads
JOIN THE CLUB

* Price is subject to applicable taxes.

Paid subscriptions and memberships are auto-renewing unless cancelled (easily done via the Account Settings Membership Status page after logging in). Once cancelled, a subscription or membership will terminate at the end of the current term.

Tervita Corporation (T:TEV)

Business Focus: Oil Related Services and Equipment

Log in or join to add this stock to your watch list.
Aug 01, 2019 08:19 pm ET
Tervita Corporation Announces 61% Adjusted EBITDA Increase and Strong Second Quarter 2019 Results
Adjusted EBITDA of $53 million up 61% and 41% per share compared to Q2 2018 despite lower industry activity levels, reflecting stable production-based business, Newalta acquisition and continued focus on cost efficiencies and synergiesAchieved targeted annualized synergies of $45 million ahead of schedule. With our synergy target achieved, Tervita continues to see further opportunities from the strength of the combined businessGenerated $42 million of Discretionary Free Cash Flow year to date in 2019, up 27% compared to the same period in 2018Sanctioned water disposal infrastructure project
Jul 22, 2019 08:03 am ET
Tervita Corporation Announces End of Competition Bureau Review Period for the Newalta Transaction
CALGARY, July 22, 2019 /CNW/ - Tervita Corporation ("Tervita" or the "Corporation") (TSX: TEV) announced today that the deadline has passed for the Canadian Competition Bureau ("CCB")  to challenge Tervita's acquisition of Newalta Corporation ("the transaction") completed on July 19, 2018. As such, the transaction is clear from any further CCB review.
Jul 18, 2019 05:13 pm ET
Tervita Corporation Announces Timing of Second Quarter 2019 Results and Conference Call Details
CALGARY, July 18, 2019 /CNW/ - Tervita Corporation ("Tervita", the "Company") (TSX:TEV) announced today that it expects to release the results for the three and six months ended June 30, 2019 after market close on Thursday, August 1, 2019. Interim Financial Statements and Management's Discussion and Analysis will be posted to Tervita's website and SEDAR following the release.
Jun 04, 2019 02:30 am ET
Tervita Corporation Announces Sanction of Water Disposal Infrastructure Project Backed By Multi-Year, Contracted Agreement with a Senior Producer, and Revised Capital Guidance
CALGARY, June 4, 2019 /CNW/ - Tervita Corporation ("Tervita" or the "Corporation") (TSX: TEV) announced today a long term commercial agreement with a Senior E&P Producer ("Producer") to develop a pipeline connected dedicated disposal infrastructure project. The agreement provides Tervita with minimum volume commitments over a five year term with the potential to negotiate an extension.  The agreement gives the Producer guaranteed access to cost efficient water disposal, allowing the Producer to prioritize their capital spending on their core operations.
May 21, 2019 06:46 pm ET
Tervita Corporation Announces Automatic Share Purchase Plan
CALGARY, May 21, 2019 /CNW/ - Tervita Corporation ("Tervita", the "Company") (TSX: TEV) announced today that, in connection with its normal course issuer bid ("NCIB"), which was previously announced on May 2, 2019, the Company has entered into an automatic share purchase plan ("ASPP") with a broker to facilitate repurchases of common shares at times when the Company ordinarily would not be active in the market due to insider trading rules and its own internal trading blackout periods.
May 07, 2019 04:31 pm ET
Tervita Corporation Announces Executive Team Changes
CALGARY, May 7, 2019 /CNW/ - Tervita Corporation ("Tervita", or the "Company") (TSX: TEV) a leading waste and environmental solutions provider, is pleased to announce the appointment of Rob Dawson as Executive Vice President, Strategy & Corporate Development and Linda Dietsche as Chief Financial Officer, effective May 13, 2019.
May 02, 2019 07:15 pm ET
Tervita Corporation Commences Normal Course Issuer Bid
CALGARY, May 2, 2019 /CNW/ - Tervita Corporation ("Tervita" or the "Corporation") (TSX: TEV) announced today that a Notice of Intention to commence its Normal Course Issuer Bid (the "NCIB") has been approved by its board of directors and has been filed with and accepted by the Toronto Stock Exchange (the "TSX"). Given the positive outlook for our business, we believe Tervita's shares are undervalued and as such we are initiating a normal course issuer bid to purchase them as appropriate. Tervita's balance sheet priorities are unchanged.  We continue to invest capital in attractive growth opp
May 02, 2019 06:50 pm ET
Tervita Corporation Reports Voting Results of Election of Directors
CALGARY, May 2, 2019 /CNW/ - Tervita Corporation ("Tervita", the "Company") (TSX:TEV) announced that at its annual meeting of shareholders held on May 2, 2019, each of the nominees proposed as directors and listed in its management information circular and proxy statement dated March 13, 2019, were elected as directors of Tervita.
May 02, 2019 04:31 pm ET
Tervita Corporation Announces First Quarter 2019 Results
Q1 2019 Adjusted EBITDA of $56 million up 51% compared to Q1 2018 34% growth in Energy Services' Divisional EBITDA compared to Q1 2018 reflects our stable production-based revenue and positive contributions from investments to expand our network and synergies, despite lower drilling and completions activity and heavy oil curtailments Strong results in Industrial Services driven by growth in rail services, metals recycling and waste services Achieved Newalta transaction synergies of $39 million on an annualized run rate basis as at the end of Q1 2019 On track to deliver double digit Adjusted
Apr 23, 2019 07:56 pm ET
Tervita Corporation Announces Change to Executive Team
CALGARY, April 23, 2019 /CNW/ - Tervita Corporation ("Tervita", or the "Company") (TSX: TEV) a leading waste and environmental solutions provider, announced today that Brad Dlouhy, its Chief Operating Officer (COO) will be leaving the organization effective immediately.  The COO role will now be filled by John W. Cooper, President and Chief Executive Officer of Tervita. 
Apr 18, 2019 05:29 pm ET
Tervita Corporation Announces Timing of Annual General Meeting of Shareholders and First Quarter 2019 Results and Conference Call Details
CALGARY, April 18, 2019 /CNW/ - Tervita Corporation ("Tervita", the "Company") (TSX:TEV) announced today that it expects to release the results for the three months ended March 31, 2019 after market close on Thursday, May 2, 2019. Interim Financial Statements and Management's Discussion and Analysis will be posted to Tervita's website and SEDAR following the release.
Mar 13, 2019 08:19 pm ET
Tervita Corporation Announces Fourth Quarter & Year End 2018 Results
Q4 2018 Adjusted EBITDA of $50 million up 25% vs Q4 2017, and 2018 Adjusted EBITDA of $191 million up 22%, or 16% per share from 2017. Generated $103 million of Discretionary Free Cash Flow (excluding cash transaction costs) which was more than sufficient to fund $56 million of 2018 growth and expansion capital spending. Achieved synergies of $13 million since the close of the successful acquisition of Newalta in Q3 2018. We expect to exit 2019 at a $35 - $40 million run rate. Assuming full run rate synergies, Q4 2018 Adjusted EBITDA would have been $52 million. 2018 Adjusted EBITDA Margins
Feb 28, 2019 05:20 pm ET
Tervita Corporation Announces Timing of Fourth Quarter and Year End 2018 Results and Conference Call Details
CALGARY, Feb. 28, 2019 /CNW/ - Tervita Corporation ("Tervita", the "Company") (TSX:TEV) announced today that it expects to release the results for the three and twelve months ended December 31, 2018 after market close on Wednesday, March 13, 2019. Audited Annual Financial Statements and Management's Discussion and Analysis will be posted to Tervita's website and SEDAR following the release.
Dec 21, 2018 10:30 am ET
Tervita Corporation Amends and Extends its Senior Secured Credit Facility
CALGARY, Dec. 21, 2018 /CNW/ - Tervita Corporation ("Tervita", the "Company") (TSX: TEV) announced today it has amended and extended its senior secured revolving credit facility with a syndicate of banks led by TD Securities and CIBC. Among other changes, the amendment:
Dec 21, 2018 10:30 am ET
Tervita Corporation Amends and Extends its Senior Secured Credit Facility
CALGARY, Dec. 21, 2018 /PRNewswire/ - Tervita Corporation ("Tervita", the "Company") (TSX: TEV) announced today it has amended and extended its senior secured revolving credit facility with a syndicate of banks led by TD Securities and CIBC. Among other changes, the amendment:...
Nov 14, 2018 07:21 pm ET
Tervita Corporation Announces Third Quarter 2018 Results
Revenue Growth and Strong Margins Highlight the Quarter and Year to Date
Nov 14, 2018 07:21 pm ET
Tervita Corporation Announces Third Quarter 2018 Results
Revenue Growth and Strong Margins Highlight the Quarter and Year to Date ...
Nov 01, 2018 05:45 pm ET
Tervita Corporation Announces Timing of Third Quarter 2018 Results and Conference Call Details
CALGARY, Nov. 1, 2018 /CNW/ - Tervita Corporation ("Tervita", the "Company") (TSX: TEV) announced today that it expects to release the results for the three and nine months ended September 30, 2018 after market close on Wednesday, November 14, 2018. Interim Financial Statements and Management's Discussion and Analysis will be posted to Tervita's website and SEDAR following the release.
Nov 01, 2018 05:45 pm ET
Tervita Corporation Announces Timing of Third Quarter 2018 Results and Conference Call Details
CALGARY, Nov. 1, 2018 /PRNewswire/ - Tervita Corporation ("Tervita", the "Company") (TSX: TEV) announced today that it expects to release the results for the three and nine months ended September 30, 2018 after market close on Wednesday, November 14, 2018. Interim Financial Statements and Management's Discussion and Analysis will be posted to Tervita's website and SEDAR following the release. ...
Aug 09, 2018 08:53 pm ET
Tervita Corporation Announces Second Quarter 2018 Results for Tervita and Newalta
Revenue Growth, Continued Cost Savings and Increased Growth Capital Highlight the Quarter
Aug 09, 2018 08:53 pm ET
Tervita Corporation Announces Second Quarter 2018 Results for Tervita and Newalta
Revenue Growth, Continued Cost Savings and Increased Growth Capital Highlight the Quarter...
Aug 03, 2018 06:12 pm ET
Tervita Corporation Announces Timing of Second Quarter 2018 Results for Tervita and Newalta and Conference Call Details
CALGARY, Aug. 3, 2018 /CNW/ - Tervita Corporation ("Tervita", the "Company") (TSX: TEV) announced today that it expects to release the results for Tervita and Newalta Corporation ("Newalta") (TSX: NAL until cease of trading on July 23, 2018) on a standalone basis, for the three and six months ended June 30, 2018 after market close on Thursday, August 9, 2018. Interim Financial Statements and Management's Discussion and Analysis will be posted to Tervita's website and SEDAR following the release.
Aug 03, 2018 06:12 pm ET
Tervita Corporation Announces Timing of Second Quarter 2018 Results for Tervita and Newalta and Conference Call Details
CALGARY, Aug. 3, 2018 /PRNewswire/ - Tervita Corporation ("Tervita", the "Company") (TSX: TEV) announced today that it expects to release the results for Tervita and Newalta Corporation ("Newalta") (TSX: NAL until cease of trading on July 23, 2018) on a standalone basis, for the three and six months ended June 30, 2018 after market close on Thursday, August 9, 2018. Interim Financial Statements and Management's Discussion and Analysis will be posted to Tervita's website and SEDAR following the release. ...
Jul 19, 2018 09:34 am ET
Tervita and Newalta Announce Completion of Merger
Merger Creates a Leading Canadian Energy-Focused Waste and Environmental Services Company
Jul 19, 2018 09:34 am ET
Tervita and Newalta Announce Completion of Merger
Merger Creates a Leading Canadian Energy-Focused Waste and Environmental Services Company...