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Waste Management, Inc. (WM) Presents at Oppenheimer 21st ...
2026-05-08 · via All Articles on Seeking Alpha

Waste Management, Inc. (WM) Oppenheimer 21st Annual Industrial Growth Virtual Conference May 7, 2026 2:15 PM EDT

Company Participants

Michael Watson - Senior VP & Chief Customer Officer
Tara Hemmer - Senior VP & Chief Sustainability Officer

Conference Call Participants

Noah Kaye - Oppenheimer & Co. Inc., Research Division

Presentation

Noah Kaye
Oppenheimer & Co. Inc., Research Division

Welcome back to Day 4 of Oppenheimer's 21st Annual Industrial Growth Conference. I'm Noah Kaye, Managing Director in Oppenheimer's Industrial Innovation Research Practice. We're really happy to welcome back to the conference, the management team of Waste Management, WM. We've got Tara Hemmer, Chief Sustainability Officer and SVP, Mike Watson, Chief Commercial Officer, SVP. Welcome to you both. Thanks so much for the time.

Michael Watson
Senior VP & Chief Customer Officer

It's great to be here. Thank you.

Tara Hemmer
Senior VP & Chief Sustainability Officer

Thanks for having us.

Question-and-Answer Session

Noah Kaye
Oppenheimer & Co. Inc., Research Division

So I would love to start with solid waste, which is, I think, is still a pretty big part of the business. And maybe just kind of kicking off with looking at this past quarter, the 1Q price yield came in stronger than you previously anticipated. I think on the call, Jim called out resi and MSW as being drivers. So maybe can we benchmark where you are in the journey on shedding unprofitable resi volumes? And how you think about price growth across the collection lines of business on a sustainable basis?

Michael Watson
Senior VP & Chief Customer Officer

That's a great question. We're really proud of our price performance for Q1. I think the highlight that you mentioned, which I think is really important is our ability to drive both yield and volume in our MSW line. I think that just helps really -- everybody understand