Enerflex's Preliminary Outlook For 2024 Reflects Strong Demand Across Business Units And Geographic Regions; Enerflex's 2024 Capital Expenditures Of $90M-$110M And Will Focus On Debt Reduction And Lowering Net Finance Costs In 2024

1/16/24 6:09:42 AM ET

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Recent Analyst Ratings for
$EFXT

Date	Price Target	Rating	Analyst
2/29/2024		Market Perform → Outperform	BMO Capital Markets
8/10/2023	$13.00 → $11.00	Outperform → Market Perform	BMO Capital Markets
3/6/2023		Sector Perform → Outperform	RBC Capital Mkts
1/31/2023		Outperform → Sector Perform	National Bank Financial

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$EFXT
Leadership Updates

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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"), 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: ApprovalAgainstDirectorVotes ForPercentageVotes AgainstPercentageFernando Assing77,625,39291.3%7,416,5068.7%Joanne Cox73,577,70886.5%11,464,19013.5%Byron Dunn57,993,00468.2%27,048,89431.8%James Gouin76,193,51489.6%8,848,38410.4
5/7/24 6:46:53 PM ET
$EFXT
Industrial Machinery/Components
Industrials
Enerflex Appoints Industry Veteran Tom Tyree to Board of Directors
CALGARY, Alberta, March 11, 2024 (GLOBE NEWSWIRE) -- Enerflex Ltd. (TSX:EFX) (NYSE:EFXT) ("Enerflex" or the "Company") is pleased to announce the appointment of Thomas B. Tyree, Jr. to its Board of Directors (the "Board"), effective March 11, 2024. Mr. Tyree is a seasoned energy executive and investment banker with deep expertise in strategy development, capital markets, and corporate finance. He has extensive experience leading and advising public and private energy companies, including Antero Resources, Northwoods Energy, and Vantage Energy. Mr. Tyree brings to Enerflex's Board a valuable skill set with considerable and extensive energy experience and financial expertise. Kevin Reinh
3/11/24 5:53:02 PM ET
$EFXT
Industrial Machinery/Components
Industrials
NOV Appoints Patricia Martinez to the Board of Directors
NOV Inc. (NYSE:NOV) announced today the appointment of Patricia Martinez to NOV's Board of Directors, effective March 6, 2024. "We are delighted to welcome Patricia Martinez to NOV's board of directors," said Clay Williams, Chairman, President, and Chief Executive Officer. "Patricia brings extensive industry experience to our board, including growing energy businesses in international markets, and more recently guiding and developing projects within the energy transition ranging from CCUS to hydrogen to biogas. Her deep insights into emerging energy opportunities will help shape NOV's energy transition strategy." Ms. Martinez was the Chief Energy Transition Officer of Enerflex Ltd. (TSX
3/6/24 5:00:00 PM ET
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$EFXT
Press Releases

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Enerflex Ltd. Announces Partial Redemption of Senior Secured Notes, Further Debt Reduction and Timing of Third Quarter Results
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"). All amounts presented are in U.S. Dollar ("USD") unless otherwise stated. Partial Redemption of Senior Secured Notes Enerflex has issued a notice of partial redemption for $62.5 million (or 10% of the aggregate princip
10/1/24 4:00:36 PM ET
$EFXT
Industrial Machinery/Components
Industrials
Enerflex Ltd. Provides Update Related to Kurdistan Project
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"). As previously announced, and in response to a drone attack on April 26, 2024, that resulted in fatalities at an operational facility proximate to the EH Cryo project, Enerflex provided its customer with notice of Force Majeure, suspended activity at the project site, and demobilized its personnel. Since that time, Enerflex has worked collaboratively with its customer to evaluate the situation and assess potential options to complete the project notwit
8/20/24 5:04:27 PM ET
$EFXT
Industrial Machinery/Components
Industrials
Enerflex Ltd. Reports Second Quarter 2024 Financial and Operational Results
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. All amounts presented are in U.S. Dollars ("USD") unless otherwise stated. Q2/24 FINANCIAL
8/7/24 5:00:30 PM ET
$EFXT
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$EFXT
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Enerflex Ltd. Announces Partial Redemption of Senior Secured Notes, Further Debt Reduction and Timing of Third Quarter Results
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"). All amounts presented are in U.S. Dollar ("USD") unless otherwise stated. Partial Redemption of Senior Secured Notes Enerflex has issued a notice of partial redemption for $62.5 million (or 10% of the aggregate princip
10/1/24 4:00:36 PM ET
$EFXT
Industrial Machinery/Components
Industrials
Enerflex Ltd. Reports Second Quarter 2024 Financial and Operational Results
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. All amounts presented are in U.S. Dollars ("USD") unless otherwise stated. Q2/24 FINANCIAL
8/7/24 5:00:30 PM ET
$EFXT
Industrial Machinery/Components
Industrials
Enerflex Ltd. Announces Extension and Consolidation of Credit Facilities, New Target Leverage Framework and Timing of Second Quarter Results
Extending Maturity of Revolving Credit Facility to October 2026 and Increasing Availability to $800 Million; Provides Ample Liquidity to Support Global Business Enerflex Will Be Repaying Its Existing Term Loan, Reflecting On-Going Efforts to Reduce Finance Costs and Optimize Debt Stack Targeting a Bank-Adjusted Net Debt-To-Ebitda Ratio of 1.5x to 2.0x CALGARY, Alberta, June 26, 2024 (GLOBE NEWSWIRE) -- Enerflex Ltd. (TSX:EFX) (NYSE:EFXT) ("Enerflex" or the "Company") today announced the extension and consolidation of its credit facilities and outlined a new target leverage framework. All amounts presented in this release are in U.S. Dollar ("USD") unless otherwise state
6/26/24 8:11:12 AM ET
$EFXT
Industrial Machinery/Components
Industrials

Enerflex's Preliminary Outlook For 2024 Reflects Strong Demand Across Business Units And Geographic Regions; Enerflex's 2024 Capital Expenditures Of $90M-$110M And Will Focus On Debt Reduction And Lowering Net Finance Costs In 2024

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Recent Analyst Ratings for
$EFXT

$EFXT
Leadership Updates

Live Leadership Updates

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

Enerflex Appoints Industry Veteran Tom Tyree to Board of Directors

NOV Appoints Patricia Martinez to the Board of Directors

$EFXT
Large Ownership Changes

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$EFXT
Market Insights

Live Market Insights

$EFXT
SEC Filings

Amendment: SEC Form SC 13G/A filed by Enerflex Ltd

Amendment: SEC Form SC 13G/A filed by Enerflex Ltd

Enerflex shares are trading lower after the company reported worse-than-expected Q1 financial results.

Enerflex Q1 2024 GAAP EPS $(0.11) Misses $0.12 Estimate, Sales $473.352M Miss $792.733M Estimate

Enerflex Plans To Continue To Focus On Debt Reduction And Lowering Net Finance Costs In 2024

Amendment: SEC Form SCHEDULE 13G/A filed by Enerflex Ltd

SEC Form 6-K filed by Enerflex Ltd

SEC Form 6-K filed by Enerflex Ltd

$EFXT
Analyst Ratings

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Enerflex upgraded by BMO Capital Markets

Enerflex downgraded by BMO Capital Markets with a new price target

Enerflex upgraded by RBC Capital Mkts

$EFXT
Press Releases

Fastest customizable press release news feed in the world

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

Enerflex Ltd. Provides Update Related to Kurdistan Project

Enerflex Ltd. Reports Second Quarter 2024 Financial and Operational Results

$EFXT
Financials

Live finance-specific insights

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

Enerflex Ltd. Reports Second Quarter 2024 Financial and Operational Results

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

Enerflex's Preliminary Outlook For 2024 Reflects Strong Demand Across Business Units And Geographic Regions; Enerflex's 2024 Capital Expenditures Of $90M-$110M And Will Focus On Debt Reduction And Lowering Net Finance Costs In 2024

Chat with this insight

Recent Analyst Ratings for $EFXT

$EFXT Leadership Updates

Live Leadership Updates

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

Enerflex Appoints Industry Veteran Tom Tyree to Board of Directors

NOV Appoints Patricia Martinez to the Board of Directors

$EFXT Large Ownership Changes

This live feed shows all institutional transactions in real time.

$EFXT Market Insights

Live Market Insights

$EFXT SEC Filings

Amendment: SEC Form SC 13G/A filed by Enerflex Ltd

Amendment: SEC Form SC 13G/A filed by Enerflex Ltd

Enerflex shares are trading lower after the company reported worse-than-expected Q1 financial results.

Enerflex Q1 2024 GAAP EPS $(0.11) Misses $0.12 Estimate, Sales $473.352M Miss $792.733M Estimate

Enerflex Plans To Continue To Focus On Debt Reduction And Lowering Net Finance Costs In 2024

Amendment: SEC Form SCHEDULE 13G/A filed by Enerflex Ltd

SEC Form 6-K filed by Enerflex Ltd

SEC Form 6-K filed by Enerflex Ltd

$EFXT Analyst Ratings

Analyst ratings in real time. Analyst ratings have a very high impact on the underlying stock. See them live in this feed.

Enerflex upgraded by BMO Capital Markets

Enerflex downgraded by BMO Capital Markets with a new price target

Enerflex upgraded by RBC Capital Mkts

$EFXT Press Releases

Fastest customizable press release news feed in the world

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

Enerflex Ltd. Provides Update Related to Kurdistan Project

Enerflex Ltd. Reports Second Quarter 2024 Financial and Operational Results

$EFXT Financials

Live finance-specific insights

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

Enerflex Ltd. Reports Second Quarter 2024 Financial and Operational Results

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

Recent Analyst Ratings for
$EFXT

$EFXT
Leadership Updates

$EFXT
Large Ownership Changes

$EFXT
Market Insights

$EFXT
SEC Filings

$EFXT
Analyst Ratings

$EFXT
Press Releases

$EFXT
Financials