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    James SomervilleEight Capital

    Jamie Somerville is a Managing Director and Senior Research Analyst specializing in the energy sector, with over 20 years of experience and a focus on oil and gas companies. During his tenure as an equity research analyst at Eight Capital, and previously at TD Securities and Genuity Capital Markets, he covered companies such as major Canadian oil and gas producers and was recognized as a Brendan Woods-ranked and StarMine award-winning analyst for his research performance. Somerville began his career in energy finance, holding both executive roles in public energy firms and senior analyst positions, before joining Roth Canada in 2025. He holds professional credentials in equity research, supported by industry awards and a track record of leadership within top investment banks.

    James Somerville's questions to Waste Connections Inc (WCN) leadership

    James Somerville's questions to Waste Connections Inc (WCN) leadership • Q3 2024

    Question

    James Somerville of Eight Capital asked for clarification on whether M&A targets are gross of shedding and inquired about the expected future rate of shedding underperforming contracts.

    Answer

    Executive Ronald Mittelstaedt confirmed that reported M&A revenue is a gross figure. He explained that the recent elevated level of contract shedding is a function of high M&A activity over the last three years and a weaker macro environment that makes the impact more visible. He expects the rate of shedding to decrease going forward as many larger items have been anniversaried.

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