Profile
Sector:
EnergyIndustry:
Oil & Gas Equipment & ServicesCountry:
CanadaIPO:
13 June 2011Website:
http://www.enerflex.comNext earnings report:
28 February 2025Last dividends:
22 August 2024Next dividends:
26 November 2024Price
regular market | 7 min agoAnalysts recommendations
Institutional Ownership
EFXT Latest News
CALGARY, Alberta, Aug. 20, 2024 (GLOBE NEWSWIRE) -- Enerflex Ltd. (TSX: EFX) (NYSE: EFXT) (“Enerflex” or the “Company”) today provided an update of a modularized cryogenic natural gas processing facility in Kurdistan (the “EH Cryo project”).
RECORD ADJUSTED EBITDA OF $122 MILLION ES AND EI BACKLOG STABLE AT $1.3 BILLION AND $1.6 BILLION, RESPECTIVELY, PROVIDING STRONG OPERATIONAL VISIBILITY BANK-ADJUSTED NET DEBT-TO-EBITDA RATIO OF 2.2X AT THE END OF Q2/24, ON TRACK TO REACH LEVERAGE FRAMEWORK TARGET OF 1.5X TO 2.0X FULL-YEAR 2024 CAPITAL SPENDING EXPECTED TO BE AT THE LOW END OF $90 TO $110 MILLION GUIDANCE RANGE CALGARY, Alberta, Aug. 07, 2024 (GLOBE NEWSWIRE) -- Enerflex Ltd. (TSX: EFX) (NYSE: EFXT) (“Enerflex” or the “Company”) today reported its financial and operational results for the three and six months ended June 30, 2024.
Extending Maturity of Revolving Credit Facility to October 2026 and Increasing Availability to $800 Million; Provides Ample Liquidity to Support Global Business
In 2023, Enerflex Ltd. saw a profitable year with $162 million in operating income and a boosted gross profit margin. The company efficiently controlled expenses and integrated synergies following the merger with Exterran. Enerflex's free cash flow rose from -$27 million to $193 million, and the focus for management in 2024 is on reducing debt.
Enerflex Ltd. (EFXT) Q4 2023 Earnings Call Transcript
Enerflex Ltd (NYSE:EFXT ) Q2 2023 Earnings Conference Call August 10, 2023 8:00 AM ET Company Participants Stefan Ali - Vice President, IR and Business Development Energy Transition Marc Rossiter - President, CEO & Director Rodney Gray - Senior VP & CFO Ben Park - Vice President, Corporate Controller Conference Call Participants Aaron MacNeil - TD Securities Nick Corcoran - Acumen Capital Keith MacKey - RBC Capital Markets Tim Monachello - ATB Capital Markets Operator Good morning, ladies and gentlemen, and welcome to the Enerflex Second Quarter 2023 Earnings Conference Call. [Operator Instructions] As a reminder, this conference call is being recorded.
What type of business is Enerflex?
Enerflex Ltd. offers energy infrastructure and energy transition solutions to natural gas markets in North America, Latin America, and the Eastern Hemisphere. The company provides natural gas compression infrastructure, processing, and treated water infrastructure under contract to oil and natural gas customers; power generation rental solutions; custom and standard compression packages for reciprocating and screw compressor applications; re-engineering, re-configuration, and re-packaging of compressors for various field applications; integrated turnkey power generation, gas compression, processing facilities, natural gas compression, processing, and electric power solutions; after-market mechanical services and parts distribution, as well as maintenance solutions to the oil and natural gas industry, operations, and overhaul services; and equipment supply, parts supply, and general asset management. It also designs, engineers, manufactures, constructs, and installs modular natural gas processing equipment, low-carbon solutions, cryogenic systems, electric power solutions, and treated water solutions; and engages in the engineering, design, procurement, project management, and construction services for compression, process, treated water, and power generation equipment, as well as after-market service, parts, and operations and maintenance services for gas compression, processing, and treated water facilities in the region. The company was formerly known as Enerflex Systems Income Fund and changed its name to Enerflex Ltd. in January 2010. Enerflex Ltd. was founded in 1980 and is headquartered in Calgary, Canada.
What sector is Enerflex in?
Enerflex is in the Energy sector
What industry is Enerflex in?
Enerflex is in the Oil & Gas Equipment & Services industry
What country is Enerflex from?
Enerflex is headquartered in Canada
When did Enerflex go public?
Enerflex initial public offering (IPO) was on 13 June 2011
What is Enerflex website?
https://www.enerflex.com
Is Enerflex in the S&P 500?
No, Enerflex is not included in the S&P 500 index
Is Enerflex in the NASDAQ 100?
No, Enerflex is not included in the NASDAQ 100 index
Is Enerflex in the Dow Jones?
No, Enerflex is not included in the Dow Jones index
When was Enerflex the previous earnings report?
No data
When does Enerflex earnings report?
The next expected earnings date for Enerflex is 28 February 2025