Enerflex Ltd
TSX:EFX

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Enerflex Ltd
TSX:EFX
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Price: 14.36 CAD 1.7% Market Closed
Market Cap: 1.8B CAD

Enerflex Ltd
Investor Relations

Enerflex Ltd., an intriguing player in the global energy sector, seamlessly bridges the gap between engineering expertise and the ever-evolving energy landscape. Founded in the 1980s and headquartered in Calgary, Alberta, this company navigates the dynamic demands of oil and gas, driving its success through an intricate blend of innovation and manufacturing prowess. Enerflex stands as a multifaceted corporation specializing in the provision of natural gas compression, oil and gas processing, refrigeration systems, and electricity generation equipment, offering holistic solutions from start to finish. What propels Enerflex is its ability to cater to the upstream, midstream, and downstream sectors, not just confining itself to selling equipment but extending its responsibilities to installation, maintenance, and after-sales services, cultivating long-term client relationships across North America, Latin America, the Middle East, and Asia-Pacific.

Key to Enerflex’s financial engine is its capacity to adapt and evolve amid the shifting energy paradigm. As global energy consumption patterns transform, Enerflex finds its opportunities in providing efficient and sustainable solutions, thus ensuring a resilient business model. The company generates revenue through a combination of product sales, engineering services, and leasing arrangements, allowing clients flexible access to critical infrastructure. Furthermore, Enerflex’s strategic focus on natural gas aligns with global sustainable energy trends, as natural gas serves as a notable transition fuel towards reduced carbon footprints. Supplementing its portfolio, Enerflex’s robust after-sales service division contributes significantly to its revenue stream, offering reliability and continuity to its extensive customer base. As an entity, Enerflex deftly navigates both the practical and strategic spheres of energy, positioning itself as a vital component in the global energy mosaic.

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EFX
S&P TSX Composite Index (Canada)

Earnings Calls

2024 Q3
Nov 14, 2024
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Enerflex Delivers Strong Q3 2024 Results with Increased Shareholder Returns
2024 Q3
Nov 14, 2024

In Q3 2024, Enerflex reported solid performance, achieving $601 million in revenue, up from $580 million year-over-year. The gross margin increased to 29%, boosted by strong project volumes. Notably, after addressing debt, Enerflex has successfully increased its quarterly dividend by 50% to CAD 0.0375 per share, effective January 2025. The company is operating within its leverage target of 1.5-2.0x and anticipates capital spending of $80-$90 million for 2024, down from earlier guidance. With robust contracted revenue of $1.6 billion, Enerflex's focus on energy infrastructure and expansion is set to support continued growth and shareholder returns.

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Management

Mr. Marc Edward Rossiter
President, CEO & Director
No Bio Available
Mr. Preet Dhindsa
Senior VP & CFO
No Bio Available
Mr. Gregory D. Stewart
President of United States of America Region
No Bio Available
Mr. Robert Mitchell
Senior VP & Chief Administrative Officer
No Bio Available
Mr. Jeffrey Eric Fetterly C.F.A.
Vice President of Corporate Development & Investor Relations
No Bio Available
Ms. Carol Ionel
VP of Human Resources and Director of Training & Change Management
No Bio Available
Mr. Philip A. J. Pyle
President of Eastern Hemisphere
No Bio Available
Mr. Helmuth Ernest Witulski
President of Canada
No Bio Available
Mr. Mauricio Javier Meineri
President of Latin America
No Bio Available

Contacts

Address
ALBERTA
Calgary
Suite 904, 1331 MacLeod Trail S.E.
Contacts
+14032913438.0
www.enerflex.com