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Enerflex Ltd. (T:EFX)

Business Focus: Oil Related Services and Equipment (NEC)

Sector:  Energy Industry:  Oil Related Services and Equipment
 
Company Contact
Address: Suite 904, 1331 MacLeod Trail S.E.
CALGARY AB T2G 0K3
Tel: N/A
Website: https://www.enerflex.com
IR: See website
Key People
Marc E. Rossiter
President, Chief Executive Officer, Director
Preet S. Dhindsa
Chief Financial Officer, Senior Vice President
Roger George
President - Water Solutions
Mauricio Javier Meineri
President, Latin America
Philip A. J. Pyle
President, Eastern Hemisphere
Gregory Stewart
President, United States of America
Helmuth Witulski
President, Canada
Robert Mitchell
Senior Vice President, Chief Administrative Officer
David Hamilton Izett
Senior Vice President, General Counsel
Business Overview
Enerflex Ltd. is a Canada-based integrated global provider of energy infrastructure and energy transition solutions, delivering natural gas processing, compression, power generation, refrigeration, cryogenic, and produced water solutions. The Company's North America segment is engaged in manufacturing natural gas infrastructure under contract, refrigeration, processing, and electric power equipment, including custom and standard compression packages and modular natural gas processing equipment, refrigeration systems and produced water treatment services. Its Latin America segment operates its energy infrastructure assets under take-or-pay contracts, providing after-market services. The Company's Eastern Hemisphere segment operates its energy infrastructure assets under take-or-pay contracts, manufacturing, after-market services, including parts and components, as well as operations, maintenance, and overhaul services, and rentals of compression and processing equipment.
Financial Overview
For the three months ended 31 March 2024, Enerflex Ltd revenues increased 5% to $638M. Net loss totaled $18M vs. income of $10M. Revenues reflect North America segment increase of 7% to $369M, Eastern Hemisphere segment increase of 3% to $185M. Net loss reflects Eastern Hemisphere segment loss totaling $35M vs. income of $13M. Dividend per share remained flat at $0.02.
Employees: 4,800 as of Dec 31, 2023
Reporting Currency: U.S. Dollars
Enterprise value: $2,049M as of Mar 31, 2024
Annual revenue (TTM): $3,241M as of Mar 31, 2024
EBITDA (TTM): $468.18M as of Mar 31, 2024
Net annual income (TTM): -$149.59M as of Mar 31, 2024
Free cash flow (TTM): $299.45M as of Mar 31, 2024
Net Debt Last Fiscal Year: $1,117M as of Mar 31, 2024
Shares outstanding: 123,988,781 as of May 2, 2024
TTM: Trailing Twelve Months
EBITDA: Earnings Before Interest, Taxes, Depreciation, & Amortization