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Enerflex Ltd. (T:EFX)

Business Focus: Oil Related Services and Equipment

Sector:  Energy Industry:  Oil Related Services and Equipment
See Regulatory Filings on SEDAR
Company Contact
Address: Suite 904, 1331 MacLeod Trail S.E.
Tel: N/A
IR: See website
Key People
Stephen J. Savidant
Independent Chairman of the Board
Marc E. Rossiter
President, Chief Executive Officer, Director
Sanjay Bishnoi
Chief Financial Officer, Senior Vice President
Andrew Jack
President, Canada
Patricia Martinez
President, Latin America
Philip A. J. Pyle
President, International
Gregory Stewart
President, United States of America
David H. Izett
Senior Vice President, General Counsel
Business Overview
Enerflex Ltd. is a Canada-based supplier of natural gas compression, oil and gas processing, refrigeration systems and electric power equipment. The Company's in-house resources provide the capability to engineer, design, manufacture, construct, commission and service hydrocarbon handling systems. The Company operates through three segments: Canada, USA and Rest of World. The Canada segment is engaged in manufacturing (primarily compression equipment), service and rentals. The USA segment is engaged in the manufacture of natural gas compression equipment and process equipment. It also offers product support services and rentals. The Company Rest of World segment is engaged in manufacturing primarily process equipment, service and rentals. Its solutions include field production facilities, compression and natural gas processing plants, carbon dioxide processing plants, refrigeration systems, and electric power equipment serving the natural gas production industry.
Financial Overview
For the fiscal year ended 31 December 2019, Enerflex Ltd revenues increased 20% to C$2.05B. Net income increased 50% to C$151.6M. Revenues reflect Operating segment-USA increase of 22% to C$1.2B, Operating segment-canada increase of 68% to C$502.9M. Net income benefited from Operating segment-USA income increase from C$85.2M to C$194M, Operating segment-canada income increase from C$9.7M to C$37.4M.
Employees: 2,500 as of Dec 31, 2019
Reporting Currency: Canadian Dollars
Enterprise value: $1,164M as of Dec 31, 2019
Annual revenue (TTM): $2,045M as of Dec 31, 2019
EBITDA (TTM): $346.21M as of Dec 31, 2019
Net annual income (TTM): $151.65M as of Dec 31, 2019
Free cash flow (TTM): -$246.77M as of Dec 31, 2019
Net Debt Last Fiscal Year: $401.23M as of Dec 31, 2019
Shares outstanding: 89,678,845 as of Jan 7, 2020
TTM: Trailing Twelve Months
EBITDA: Earnings Before Interest, Taxes, Depreciation, & Amortization