

Ave Maria Focused Fund's Chadd Garcia on misreading waste-focused $SES.TO as energy services
Nov 15, 2024
Chadd Garcia, Portfolio Manager and Senior Research Analyst at Schwartz Investment Counsel Inc. - Ave Maria Focused Fund, dives into the intricacies of SECURE Energy Services Inc. He reveals why many misinterpret the company as solely energy-focused, overlooking its significant role in waste management. The discussion touches on recent acquisitions, market catalysts, and the implications of declining oil drilling in Western Canada. Garcia also highlights challenges in capital allocation and the potential profitability of waste processing facilities, shedding light on a misunderstood gem in the market.
Chapters
Transcript
Episode notes
1 2 3 4 5 6 7
Intro
00:00 • 2min
Evolution of Secure Energy Services
01:54 • 13min
Investment Outlook on Canada's Oil Industry and Waste Management
15:08 • 3min
Strategic Capital Allocation in Waste Management
17:54 • 18min
Analyzing Distress and Future Risks in Asset Management
36:00 • 3min
Analyzing Revenue Volatility and Future Risks in Energy Operations
38:50 • 3min
Leadership Transition and Growth Prospects
41:54 • 5min