Exterran Corporation, a systems and process company, provides various solutions in the oil, gas, water, and power markets worldwide. The company operates through three segments: Contract Operations, Aftermarket Services, and Product Sales. It offers compression, processing, and treating services through the operation of natural gas compression equipment, and crude oil and natural gas production and process equipment; and water treatment and power generation solutions. The company also sells parts and components; and provides operation, maintenance, overhaul, upgrade, startup and commissioning, and reconfiguration services. In addition, it designs, engineers, manufactures, sells, and installs equipment used in the treating and processing of crude oil, natural gas, natural gas compression packages, and water treatment, including cryogenic plants, mechanical refrigeration and dew point control plants, condensate stabilizers, wellheads, gatherings, residue and high pressure natural gas compression equipment, water treatment equipment, integrated power generation, and skid-mounted production packages for onshore and offshore production facilities. Further, the company sells custom-engineered and built-to-specification natural gas and oil processing and treating equipment; and skid-mounted natural gas compression equipment and pre-engineered compressor units. It serves integrated and national oil and natural gas companies, national energy companies, and independent oil and natural gas producers, as well as oil and natural gas processors, gatherers, and pipeline operators. The company was founded in 1954 and is headquartered in Houston, Texas.
IPO Year: 2015
Exchange: NYSE
Website: exterran.com
CALGARY, Alberta and HOUSTON, Oct. 11, 2022 (GLOBE NEWSWIRE) -- Enerflex Ltd. (TSX:EFX) ("Enerflex") and Exterran Corporation (NYSE:EXTN) ("Exterran"), are pleased to announce that they have received all necessary shareholder and stockholder approvals in connection with the pending acquisition of Exterran by Enerflex, to create a premier integrated global provider of energy infrastructure and energy transition solutions (the "Transaction"). The Transaction is expected to be completed on or about October 13, 2022, and is subject to the satisfaction of all closing conditions. On October 11, 2022, Enerflex held a special meeting of shareholders, whereby the resolution authorizing the issuanc
CALGARY, Alberta, Oct. 06, 2022 (GLOBE NEWSWIRE) -- Enerflex Ltd. ("Enerflex" or the "Company") (TSX:EFX), a leading supplier of vertically integrated products and services to the global energy industry, continues to advance towards its pending acquisition of Exterran Corporation ("Exterran") (NYSE:EXTN) (the "Transaction") by securing its committed financing. The Transaction is on track to close early in the fourth quarter of 2022. Marc Rossiter, Enerflex's President and Chief Executive Officer commented, "Since announcing the Transaction in early 2022, business conditions have improved and natural gas fundamentals have strengthened, helping to offset today's higher market interest rat
CALGARY, Alberta, Sept. 27, 2022 (GLOBE NEWSWIRE) -- Enerflex Ltd. (TSX:EFX) ("Enerflex" or the "Company"), a leading supplier of vertically integrated products and services to the global energy industry, is pleased to announce today that leading independent proxy advisory firms Institutional Shareholder Services ("ISS") and Glass, Lewis & Co. ("Glass Lewis") recommend that Enerflex shareholders vote "FOR" the Company's proposed issuance of common shares of Enerflex to the holders of common stock of Exterran Corporation (NYSE:EXTN) ("Exterran") in furtherance of Enerflex's acquisition of Exterran (the "Transaction"). Shareholders of record as of the close of business on September 9, 2022 a
CALGARY, Alberta, Sept. 09, 2022 (GLOBE NEWSWIRE) -- Enerflex Ltd. (TSX:EFX) ("Enerflex" or the "Company"), a leading supplier of vertically integrated products and services to the global energy industry, is pleased to announce today that it has filed a management information circular and related meeting materials (collectively, the "Circular") in connection with its upcoming Special Meeting of Shareholders to be held on October 11, 2022 (the "Special Meeting"). In accordance with the requirements of the Toronto Stock Exchange ("TSX"), the Company is asking Enerflex shareholders to consider and approve the issuance of common shares of Enerflex to the holders of common stock of Exterran Cor
CALGARY, Alberta, Feb. 23, 2022 (GLOBE NEWSWIRE) -- Enerflex Ltd. (TSX:EFX) ("Enerflex" or "the Company" or "we" or "our"), a leading supplier of products and services to the global energy industry, today reported its financial and operating results for the three and twelve months ended December 31, 2021. Summary Table of Fourth Quarter and Twelve Months of 2021 Financial and Operating Results (Unaudited)($ Canadian millions, except per share amounts, horsepower, and percentages)Three months ended December 31,Twelve months ended December 31, 2021 2020 Change 2021 2020 Change Revenue$321.3 $298.8 $22.5 $960.2 $1,217.1 $(256.9)Gross margin 59.9 75.0 (15.1) 219.6 298.2 (78.6)Op
CALGARY, Alberta and HOUSTON, Texas, Jan. 24, 2022 (GLOBE NEWSWIRE) -- Enerflex Ltd. ("Enerflex" or the "Company") (TSX:EFX) and Exterran Corporation ("Exterran") (NYSE:EXTN) today announced a business combination (the "Transaction") to create a premier integrated global provider of energy infrastructure. The company will operate as Enerflex Ltd. and will remain headquartered in Calgary, Alberta, Canada. Through greater scale and efficiencies, the transaction will strengthen Enerflex's ability to serve customers in key natural gas, water, and energy transition markets, while enhancing shareholder value through sustainable improvements in profitability and cash flow generation. The compani
HOUSTON, Nov. 22, 2021 (GLOBE NEWSWIRE) -- Exterran Corporation (NYSE:EXTN) publishes its 2021 sustainability report, giving investors, customers, employees, vendors and other community stakeholders a closer look at the Company's commitment to providing sustainable, environmentally conscious solutions for the oil, gas, water and power markets. President and CEO Andrew Way says an eye on sustainability is the right way to do business. "We continue to align our business strategy with our sustainability goals, reviewing opportunities to further reduce our global impact on the environment and enhance our value to the communities we serve. We strive to positively influence on all aspects of ES
Net Debt Decreased by $15 million with Results In-Line with Expectations Over $125 million of Contract Operations Contract Renewals in Latin America; ECO Backlog at $1.4 billion Full Year 2021 Adjusted EBITDA Guidance Updated to $143-148 million Capital Structure Review Focused on Operational Opportunities HOUSTON, Nov. 02, 2021 (GLOBE NEWSWIRE) -- Exterran Corporation (NYSE:EXTN) ("Exterran" or the "Company") today reported third quarter financial results. Andrew Way, Exterran's President and Chief Executive Officer commented: "Commercially, this quarter was a great success as we were awarded a significant contract for our water business and signed over $125 million of contract renewa
HOUSTON, Oct. 20, 2021 (GLOBE NEWSWIRE) -- Exterran Corporation (NYSE:EXTN) ("Exterran" or the "Company") today announced that it will release its third quarter 2021 results on Tuesday, November 2nd, 2021 after the market closes. The Company has scheduled a conference call for Wednesday, November 3rd, 2021 at 10 a.m. Central Time to discuss the results. The call will be broadcast live over the Internet. Investors may participate either by phone or audio webcast. By Phone: Dial 877-524-8416 at least 10 minutes before the call. A replay will be available through Wednesday, November 10th, 2021 by dialing 877-660-6853 and using the passcode 13724247. By Webcast:Connect to the webcast via the
HOUSTON, Sept. 23, 2021 (GLOBE NEWSWIRE) -- Exterran Corporation (NYSE:EXTN) ("Exterran" or the "Company") today offered a commercial update. The Company has been awarded a new Contract Operations project for our Exterran Water Solutions business at a similar value to the project the Company announced earlier this year. With this new water project, water will now comprise over 25% of the total Company's Contract Operations backlog. This new contract was included in the Company's previously communicated multi-year forecast. Andrew Way, Exterran's President and Chief Executive Officer commented, "As we have shared over the past couple of quarters, we expected to win at least one more incr
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CALGARY, Alberta, Oct. 06, 2022 (GLOBE NEWSWIRE) -- Enerflex Ltd. ("Enerflex" or the "Company") (TSX:EFX), a leading supplier of vertically integrated products and services to the global energy industry, continues to advance towards its pending acquisition of Exterran Corporation ("Exterran") (NYSE:EXTN) (the "Transaction") by securing its committed financing. The Transaction is on track to close early in the fourth quarter of 2022. Marc Rossiter, Enerflex's President and Chief Executive Officer commented, "Since announcing the Transaction in early 2022, business conditions have improved and natural gas fundamentals have strengthened, helping to offset today's higher market interest rat
CALGARY, Alberta, Feb. 23, 2022 (GLOBE NEWSWIRE) -- Enerflex Ltd. (TSX:EFX) ("Enerflex" or "the Company" or "we" or "our"), a leading supplier of products and services to the global energy industry, today reported its financial and operating results for the three and twelve months ended December 31, 2021. Summary Table of Fourth Quarter and Twelve Months of 2021 Financial and Operating Results (Unaudited)($ Canadian millions, except per share amounts, horsepower, and percentages)Three months ended December 31,Twelve months ended December 31, 2021 2020 Change 2021 2020 Change Revenue$321.3 $298.8 $22.5 $960.2 $1,217.1 $(256.9)Gross margin 59.9 75.0 (15.1) 219.6 298.2 (78.6)Op
CALGARY, Alberta and HOUSTON, Texas, Jan. 24, 2022 (GLOBE NEWSWIRE) -- Enerflex Ltd. ("Enerflex" or the "Company") (TSX:EFX) and Exterran Corporation ("Exterran") (NYSE:EXTN) today announced a business combination (the "Transaction") to create a premier integrated global provider of energy infrastructure. The company will operate as Enerflex Ltd. and will remain headquartered in Calgary, Alberta, Canada. Through greater scale and efficiencies, the transaction will strengthen Enerflex's ability to serve customers in key natural gas, water, and energy transition markets, while enhancing shareholder value through sustainable improvements in profitability and cash flow generation. The compani
Net Debt Decreased by $15 million with Results In-Line with Expectations Over $125 million of Contract Operations Contract Renewals in Latin America; ECO Backlog at $1.4 billion Full Year 2021 Adjusted EBITDA Guidance Updated to $143-148 million Capital Structure Review Focused on Operational Opportunities HOUSTON, Nov. 02, 2021 (GLOBE NEWSWIRE) -- Exterran Corporation (NYSE:EXTN) ("Exterran" or the "Company") today reported third quarter financial results. Andrew Way, Exterran's President and Chief Executive Officer commented: "Commercially, this quarter was a great success as we were awarded a significant contract for our water business and signed over $125 million of contract renewa
HOUSTON, Oct. 20, 2021 (GLOBE NEWSWIRE) -- Exterran Corporation (NYSE:EXTN) ("Exterran" or the "Company") today announced that it will release its third quarter 2021 results on Tuesday, November 2nd, 2021 after the market closes. The Company has scheduled a conference call for Wednesday, November 3rd, 2021 at 10 a.m. Central Time to discuss the results. The call will be broadcast live over the Internet. Investors may participate either by phone or audio webcast. By Phone: Dial 877-524-8416 at least 10 minutes before the call. A replay will be available through Wednesday, November 10th, 2021 by dialing 877-660-6853 and using the passcode 13724247. By Webcast:Connect to the webcast via the
Second Quarter Results In-Line with Expectations; Year over Year Adjusted EBITDA Increased over 40%Reiterate Full Year Adjusted EBITDA Guidance of $150-160 millionUpdate on Capital Structure Review HOUSTON, Aug. 09, 2021 (GLOBE NEWSWIRE) -- Exterran Corporation (NYSE:EXTN) ("Exterran" or the "Company") today reported second quarter financial results. Andrew Way, Exterran's President and Chief Executive Officer commented: "Our global teams continue to execute well despite continued COVID related challenges, particularly in the Eastern Hemisphere. Commercially our teams are building strong customer relationships and a growing pipeline of opportunities. We are tracking over $3.5 billion i
HOUSTON, July 27, 2021 (GLOBE NEWSWIRE) -- Exterran Corporation (NYSE:EXTN) ("Exterran" or the "Company") today announced that it will release its second quarter 2021 results on Monday, August 9th, 2021 after the market closes. The Company has scheduled a conference call for Tuesday, August 10th, 2021 at 10 a.m. Central Time to discuss the results. The call will be broadcast live over the Internet. Investors may participate either by phone or audio webcast. By Phone: Dial 877-524-8416 at least 10 minutes before the call. A replay will be available through Tuesday, August 17th, 2021 by dialing 877-660-6853 and using the passcode 13721466. By Webcast:Connect to the webcast via the Investor