10:52 AM EST - Tervita Corporation : Announced today the results for the three months ended December 31, 2019. Q4 2019 Adjusted EBITDA increased 18% compared to the prior year largely driven by realized synergies, our focus on operational efficiencies and improved Canadian crude oil prices. Full year 2019 Adjusted EBITDA increased 22% over prior year primarily due to the same drivers as the quarter as well as a full year of contributions from the acquired Newalta operations. Q4 2019 revenue excluding energy marketing decreased by 10% from the prior year primarily due to reduced volumes into our facilities network, declines in drilling activity in the US, and lower ferrous metal volumes and pricing. Full year 2019 revenue excluding energy marketing increased by 12% over prior year, primarily due to a full year of Newalta operations integrated into the business. Tervita Corporation
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