Enerflex Ltd

Enerflex Ltd. engages in the manufacture and distribution of equipment for gas compression facilities, power plants and other industrial institutions. It operates through the following geographical segments: USA, Rest of the World, and Canada. The USA segment manufactures modular natural gas compression, processing, refrigeration, and electric power equipment. The Rest of the World segment involves in the installation of large-scale process equipment, after-market services, including parts distribution, operations, maintenance, overhaul services, and rentals of compression and processing equipment. The Canada segment consists of manufacturing natural gas compression, processing, and electric power equipment, as well as providing after-market mechanical service, parts, compression, and power generation rentals. The company was founded in 1980 and is headquartered in Calgary, Canada.

Earnings data Q3 2022

Earnings data Q4 2022

Earnings data Q1 2023

Earnings data Q2 2023

Earnings data Q3 2023

Earnings data Q4 2023

Earnings data Q1 2024

Earnings data Q2 2024

Earnings data Q3 2024

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Enerflex (EFXT) doesn't possess the right combination of the two key ingredients for a likely earnings beat in its upcoming report. Get prepared with the key expectations.

Enerflex (EFXT) Earnings Expected to Grow: Should You Buy?

ISSUES NOTICE TO REDEEM $62.5 MILLION OF ITS 9.00% SENIOR SECURED NOTES DUE 2027 NET DEBT BALANCE OF APPROXIMATELY $700 MILLION AT THE END OF Q3/24, REFLECTING GROSS DEBT REPAYMENT OF APPROXIMATELY $100 MILLION DURING THE THIRD QUARTER CALGARY, Alberta, Oct. 01, 2024 (GLOBE NEWSWIRE) -- Enerflex Ltd. (TSX: EFX) (NYSE: EFXT) (“Enerflex” or the “Company”) announced that it has delivered a notice of partial redemption of its 9.00% Senior Secured Notes due 2027 (the “Notes”).

Enerflex Ltd. Announces Partial Redemption of Senior Secured Notes, Further Debt Reduction and Timing of Third Quarter Results

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”).

Enerflex Ltd. Provides Update Related to Kurdistan Project

Enerflex Ltd. (NYSE:EFXT ) Q2 2024 Earnings Conference Call August 8, 2024 10:00 AM ET Company Participants Jeff Fetterly - Vice President, Corporate Development & Investor Relations Marc Rossiter - President & Chief Executive Officer Preet Dhindsa - Senior Vice President & Chief Financial Officer Conference Call Participants Aaron MacNeil - TD Cowen Keith MacKey - RBC Capital Markets Tim Monachello - ATB Capital Markets Operator Good day and thank you for standing by.

Enerflex Ltd. (EFXT) Q2 2024 Earnings Call Transcript

Enerflex (EFXT) came out with quarterly earnings of $0.04 per share, missing the Zacks Consensus Estimate of $0.06 per share. This compares to loss of $0.02 per share a year ago.

Enerflex (EFXT) Misses Q2 Earnings Estimates

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.

Enerflex Ltd. Reports Second Quarter 2024 Financial and Operational Results

Extending Maturity of Revolving Credit Facility to October 2026 and Increasing Availability to $800 Million; Provides Ample Liquidity to Support Global Business

Enerflex Ltd. Announces Extension and Consolidation of Credit Facilities, New Target Leverage Framework and Timing of Second Quarter Results

Enerflex Ltd. (NYSE:EFXT ) Q1 2024 Earnings Conference Call May 8, 2024 10:00 AM ET Company Participants Jeff Fetterly – Vice President, Corporate Development and Investor Relations Marc Rossiter – President and Chief Executive Officer Preet Dhindsa – Senior Vice President and Chief Financial Officer Conference Call Participants Aaron MacNeil – TD Cowen Tim Monachello – ATB Capital Markets Cole Pereira – Stifel Keith Mackey – RBC Capital Markets Jamie Kubik – CIBC Tim Monachello – ATB Capital Markets Operator Hello, and welcome to the Enerflex First Quarter 2024 Earnings Conference Call.

Enerflex Ltd. (EFXT) Q1 2024 Earnings Call Transcript

Enerflex (EFXT) came out with a quarterly loss of $0.15 per share versus the Zacks Consensus Estimate of $0.10. This compares to earnings of $0.08 per share a year ago.

Enerflex (EFXT) Reports Q1 Loss, Tops Revenue Estimates

CALGARY, Alberta, May 07, 2024 (GLOBE NEWSWIRE) -- Enerflex Ltd. (TSX: EFX) (NYSE: EFXT) ("Enerflex" or the "Company"), announces that at its Annual Meeting of Shareholders (the "Meeting") held virtually on May 7, 2024, Enerflex's shareholders approved the election of all 10 nominee directors presented in the Company's Management Information Circular dated March 15, 2024. The shares represented at the Meeting voting on individual nominee directors were as follows:

Enerflex Ltd. Announces Voting Results of the Annual Meeting of Shareholders

CALGARY, Alberta, May 07, 2024 (GLOBE NEWSWIRE) -- Enerflex Ltd. (TSX: EFX) (NYSE: EFXT) (“Enerflex” or the “Company”) today reported its financial and operational results for the three months ended March 31, 2024.

Enerflex Ltd. Reports First Quarter 2024 Financial Results and Provides Operational Update

CALGARY, Alberta, April 29, 2024 (GLOBE NEWSWIRE) -- Enerflex Ltd. (TSX: EFX) (NYSE: EFXT) (“Enerflex” or the “Company”) today provided an update with regard to an ongoing legal proceeding in Mexico.

Enerflex Prevails in Appeal of Mexican Labor Board Decision and Announces Timing of First Quarter Results

Analysts Estimate Enerflex (EFXT) to Report a Decline in Earnings: What to Look Out for

Enerflex Ltd. had a successful 2023, generating $162 million in operating income and increasing gross profit margin. The company effectively managed costs and implemented synergies after the merger with Exterran. Enerflex's free cash flow increased from -$27 million to $193 million in 2023, and management is prioritizing debt reduction in 2024.

Enerflex: Cost Synergies And Free Cash Flow Create Opportunity

Seasoned Energy Executive Brings Extensive Strategic Leadership and Capital Markets Expertise Seasoned Energy Executive Brings Extensive Strategic Leadership and Capital Markets Expertise

Enerflex Appoints Industry Veteran Tom Tyree to Board of Directors

Enerflex Ltd. (EFXT) Q4 2023 Earnings Call Transcript

ADJUSTED EBITDA OF $126 MILLION AND $185 MILLION OF FREE CASH FLOW ENGINEERED SYSTEMS BACKLOG OF $1.5 BILLION PROVIDES SOLID VISIBILITY FOR 2024 REPAID $167 MILLION OF DEBT AND REDUCED NET DEBT-TO-EBITDA RATIO 1 TO 2.3 TIMES AT YEAR END CALGARY, Alberta, Feb. 28, 2024 (GLOBE NEWSWIRE) -- Enerflex Ltd. (TSX: EFX) (NYSE: EFXT) (“Enerflex” or the “Company”) today reported its financial and operational results for the three months and year ended December 31, 2023.

Enerflex Ltd. Reports Fourth Quarter 2023 Financial and Operational Results

CALGARY, Alberta, Feb. 15, 2024 (GLOBE NEWSWIRE) -- Enerflex Ltd. (TSX: EFX) (NYSE: EFXT) ("Enerflex" or the "Company") today announced the appointment of Mr. Preet Dhindsa as Senior Vice President and Chief Financial Officer (“CFO”), effective March 1, 2024. Mr. Dhindsa has served as the Company's Interim CFO since October 13, 2023.

Enerflex Ltd. Appoints Preet Dhindsa as Senior Vice President and Chief Financial Officer

REPAID APPROXIMATELY US$120 MILLION OF DEBT DURING Q4 2023 PRELIMINARY OUTLOOK FOR 2024 REFLECTS STRONG DEMAND ACROSS BUSINESS UNITS AND GEOGRAPHIC REGIONS DISCIPLINED CAPITAL PROGRAM IN 2024, PRIORITIZING DEBT REDUCTION AND LOWERING NET FINANCE COSTS CALGARY, Alberta, Jan. 16, 2024 (GLOBE NEWSWIRE) -- Enerflex Ltd. (TSX: EFX) (NYSE: EFXT) (“Enerflex” or the “Company”) today is providing a full-year 2023 update and its preliminary financial and operational outlook for 2024.

Enerflex Ltd. Provides Full-Year 2023 Update and Preliminary Outlook for 2024

LOS ANGELES, CA / ACCESSWIRE / December 4, 2023 / The Schall Law Firm, a national shareholder rights litigation firm, announces that it is investigating claims on behalf of investors of Enerflex Ltd. ("Enerflex" or "the Company") (NYSE:EFXT) for violations of the securities laws.

SHAREHOLDER ACTION ALERT: The Schall Law Firm Announces it is Investigating Claims Against Enerflex Ltd. and Encourages Investors with Losses to Contact the Firm

LOS ANGELES, CA / ACCESSWIRE / November 22, 2023 / The Schall Law Firm, a national shareholder rights litigation firm, announces that it is investigating claims on behalf of investors of Enerflex Ltd. ("Enerflex" or "the Company") (NYSE:EFXT) for violations of the securities laws.

INVESTOR ACTION ALERT: The Schall Law Firm Announces it is Investigating Claims Against Enerflex Ltd. and Encourages Investors with Losses to Contact the Firm

LOS ANGELES, CA / ACCESSWIRE / November 13, 2023 / The Schall Law Firm, a national shareholder rights litigation firm, announces that it is investigating claims on behalf of investors of Enerflex Ltd. ("Enerflex" or "the Company") (NYSE:EFXT) for violations of the securities laws.

INVESTIGATION ALERT: The Schall Law Firm Announces it is Investigating Claims Against Enerflex Ltd. and Encourages Investors with Losses to Contact the Firm

ADJUSTED EBITDA OF $122 MILLION AND $71 MILLION OF OPERATING CASH FLOW CONTINUED STRONG BOOKINGS AND RECORD ENGINEERED SYSTEMS BACKLOG OF $1.6 BILLION ON TRACK FOR NET DEBT-TO-EBITDA RATIO OF

Enerflex Ltd. Reports Third Quarter 2023 Financial and Operational Results

CALGARY, Alberta, Oct. 10, 2023 (GLOBE NEWSWIRE) -- Enerflex Ltd. (TSX: EFX) (NYSE: EFXT) ("Enerflex" or the "Company") today announced the appointment of Mr. Preet Dhindsa as Interim Chief Financial Officer ("CFO"), effective October 13, 2023. Enerflex has retained an executive search firm and will consider Mr. Dhindsa and other candidates as part of its process to identify the Company's next permanent CFO.

Enerflex Ltd. Appoints Preet Dhindsa as Interim Chief Financial Officer

BENSALEM, Pa.--(BUSINESS WIRE)--Law Offices of Howard G. Smith announces an investigation on behalf of Enerflex Ltd. (“Enerflex” or the “Company”) (NYSE: EFXT) investors concerning the Company's possible violations of federal securities laws. On October 1, 2023, Enerflex announced that Rodney D. Gray had resigned from his role as Senior Vice President and Chief Financial Officer (“CFO”) “to pursue other opportunities.” Mr. Gray's resignation is the second CFO resignation in the last seven month.

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