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SECURE Waste Infrastructure Corp. SECYF
$14.69 -$0.24-1.61% OTC PK
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Company Overview

SECURE Waste Infrastructure Corp. is a Canada-based energy infrastructure and environmental services company focused on waste management solutions for the energy, industrial, and municipal sectors. The company operates primarily within the environmental services and energy infrastructure industries, providing essential services related to the treatment, recovery, and disposal of waste streams generated by upstream and downstream energy operations.

The company’s core revenue drivers include waste processing, disposal, and recovery services, as well as pipeline transportation of produced water. SECURE serves energy producers, industrial operators, and, to a lesser extent, municipal customers. Its strategic positioning is defined by ownership of specialized infrastructure, regulatory permits that are difficult to replicate, and long-life assets located in key Canadian energy-producing regions. Founded in 2007, the company expanded organically and through acquisitions, culminating in a transformative merger with Tervita Corporation in 2021, which significantly increased its scale, asset base, and market share in Western Canada.

Business Operations

SECURE operates through two primary business segments: Waste Management and Energy Infrastructure. The Waste Management segment includes industrial waste processing facilities, hazardous and non-hazardous landfills, soil treatment facilities, and liquids management infrastructure. Revenue is generated through service fees for treating, recovering, and disposing of waste materials produced by oil and gas, industrial, and commercial customers.

The Energy Infrastructure segment consists primarily of produced water pipelines and associated handling facilities that transport water from customer sites to disposal or treatment locations. Operations are concentrated in Canada, with a strong presence in Western Canadian Sedimentary Basin regions. SECURE controls a network of owned facilities and pipelines and operates through several wholly owned subsidiaries, including SECURE Energy Services Inc., which holds many of the company’s operating assets and permits. Data regarding material joint ventures or international operating subsidiaries is inconclusive based on available public sources.

Strategic Position & Investments

SECURE’s strategic direction emphasizes disciplined capital allocation, optimization of its existing asset base, and stable free cash flow generation. Growth initiatives focus on incremental expansions at existing facilities, operational efficiencies, and selective investments that enhance environmental performance or capacity utilization. The company has publicly stated a priority on debt reduction and shareholder returns following its large-scale integration activities.

The most significant investment in the company’s history was the acquisition of Tervita Corporation, which expanded SECURE’s landfill network, liquids infrastructure, and overall market reach. Since that transaction, capital expenditures have largely targeted maintenance, debottlenecking, and environmental compliance rather than large-scale acquisitions. The company is involved in waste recovery technologies, including oil recovery and water treatment, though publicly available information does not conclusively indicate material investment in early-stage or speculative technologies.

Geographic Footprint

SECURE’s operations are concentrated in Canada, with its corporate headquarters located in Calgary, Alberta. The company has a broad operational footprint across Western Canada, including Alberta, British Columbia, and Saskatchewan, where it services the majority of Canadian oil and gas production activity.

The company does not report material operating assets outside of Canada. However, its infrastructure has national significance due to its scale, regulatory approvals, and integration with major energy-producing regions. Any direct international investments or operational control outside Canada are inconclusive based on available public sources.

Leadership & Governance

SECURE is led by an executive team with extensive experience in energy services, infrastructure operations, and capital markets. The company’s leadership emphasizes operational excellence, safety, environmental stewardship, and disciplined financial management as core governance principles.

Key members of the executive leadership team include:

  • Allen GranschPresident & Chief Executive Officer
  • Chad ThackerChief Financial Officer
  • Mike McCurdyChief Operating Officer
  • David SmithExecutive Vice President, Commercial
  • Clayton WoitasExecutive Vice President, Corporate Development & Sustainability

The company is governed by an independent board of directors that provides oversight of strategy, risk management, and environmental and safety performance, consistent with Canadian public company governance standards.

Data complied by narrative technology. May contain errors

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