RBC Capital Mkts upgraded Enerflex from Sector Perform to Outperform
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| 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 |
CALGARY, Alberta, Jan. 13, 2025 (GLOBE NEWSWIRE) -- Enerflex Ltd. (TSX:EFX) (NYSE:EFXT) ("Enerflex" or the "Company") is pleased to provide its preliminary outlook for 2025. All amounts presented are in U.S. Dollars ("USD") unless otherwise stated. Outlook During 2025, Enerflex's priorities include: (1) enhancing the profitability of core operations; (2) leveraging the Company's leading position in core operating countries to capitalize on expected increases in natural gas and produced water volumes; and (3) maximizing free cash flow to strengthen Enerflex's financial position, provide direct shareholder returns, and invest in selective customer supported growth opportunities. Enerflex
ADJUSTED EBITDA OF $120 MILLION AND FREE CASH FLOW OF $78 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 1.9X AT THE END OF Q3/24, WITHIN THE COMPANY'S TARGET RANGE OF 1.5X TO 2.0X CAPITAL SPENDING GUIDANCE FOR 2024 UPDATED TO $80 MILLION TO $90 MILLION WITH GROWTH SPENDING EXPECTED TO REMAIN BELOW LONG-TERM AVERAGE IN 2025 CALGARY, Alberta, Nov. 14, 2024 (GLOBE NEWSWIRE) -- Enerflex Ltd. (TSX:EFX) (NYSE:EFXT) ("Enerflex" or the "Company") today reported its financial and operational results for the three and nine months ended September 30, 2024. All amounts presented a
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
CALGARY, Alberta, Dec. 17, 2024 (GLOBE NEWSWIRE) -- Enerflex Ltd. (TSX:EFX) (NYSE:EFXT) ("Enerflex" or the "Company") today announced the upcoming retirement of W. Byron Dunn and Michael A. Weill from its Board of Directors, effective January 1, 2025, pursuant to the term limits set in the Company's Board Retirement Policy. Kevin Reinhart, Enerflex's Board Chair, commented, "The Board, Management, and the over 4,600 employees of Enerflex would like to extend gratitude to Byron and Mike for their significant contributions to the Company since the spinoff from Toromont. Their guidance and leadership have helped Enerflex become a premier integrated global provider of energy infrastructure, e
CALGARY, Alberta, Nov. 25, 2024 (GLOBE NEWSWIRE) -- Enerflex Ltd. (TSX:EFX) (NYSE:EFXT) ("Enerflex" or the "Company") announced the appointment of Mr. Ben Cherniavsky to its Board of Directors (the "Board"), effective today. "We are pleased to welcome Ben to our Board, continuing Enerflex's ongoing process of Board renewal which has resulted in the addition of five new directors in the past four years," said Kevin Reinhart, Chair of the Enerflex Board. "Ben is a seasoned financial professional with deep expertise across North American capital markets. We look forward to his insights as Enerflex executes on its strategy and aims to deliver significant value creation for its 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
BMO Capital Markets upgraded Enerflex from Market Perform to Outperform
BMO Capital Markets downgraded Enerflex from Outperform to Market Perform and set a new price target of $11.00 from $13.00 previously
RBC Capital Mkts upgraded Enerflex from Sector Perform to Outperform
CALGARY, Alberta, Jan. 13, 2025 (GLOBE NEWSWIRE) -- Enerflex Ltd. (TSX:EFX) (NYSE:EFXT) ("Enerflex" or the "Company") is pleased to provide its preliminary outlook for 2025. All amounts presented are in U.S. Dollars ("USD") unless otherwise stated. Outlook During 2025, Enerflex's priorities include: (1) enhancing the profitability of core operations; (2) leveraging the Company's leading position in core operating countries to capitalize on expected increases in natural gas and produced water volumes; and (3) maximizing free cash flow to strengthen Enerflex's financial position, provide direct shareholder returns, and invest in selective customer supported growth opportunities. Enerflex
CALGARY, Alberta, Dec. 17, 2024 (GLOBE NEWSWIRE) -- Enerflex Ltd. (TSX:EFX) (NYSE:EFXT) ("Enerflex" or the "Company") today announced the upcoming retirement of W. Byron Dunn and Michael A. Weill from its Board of Directors, effective January 1, 2025, pursuant to the term limits set in the Company's Board Retirement Policy. Kevin Reinhart, Enerflex's Board Chair, commented, "The Board, Management, and the over 4,600 employees of Enerflex would like to extend gratitude to Byron and Mike for their significant contributions to the Company since the spinoff from Toromont. Their guidance and leadership have helped Enerflex become a premier integrated global provider of energy infrastructure, e
CALGARY, Alberta, Nov. 27, 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, during the second quarter of 2024, Enerflex suspended activity at the EH Cryo project, demobilized its personnel and provided its customer with notice of Force Majeure following a fatal drone attack at an adjacent facility. Due to the continuing Force Majeure and circumstances that make it impossible for Enerflex to fulfill its obligations under the EH Cryo project contract, Enerflex today provided its customer with formal notic
SCHEDULE 13G/A - Enerflex Ltd. (0001904856) (Subject)
6-K - Enerflex Ltd. (0001904856) (Filer)
6-K - Enerflex Ltd. (0001904856) (Filer)
SC 13G/A - Enerflex Ltd. (0001904856) (Subject)
SC 13G - Enerflex Ltd. (0001904856) (Subject)
SC 13G/A - Enerflex Ltd. (0001904856) (Subject)