Ad blocking detected

Thank you for visiting CanadianInsider.com. We have detected you cannot see ads being served on our site due to blocking. Unfortunately, due to the high cost of data, we cannot serve the requested page without the accompanied ads.

If you have installed ad-blocking software, please disable it (sometimes a complete uninstall is necessary). Private browsing Firefox users should be able to disable tracking protection while visiting our website. Visit Mozilla support for more information. If you do not believe you have any ad-blocking software on your browser, you may want to try another browser, computer or internet service provider. Alternatively, you may consider the following if you want an ad-free experience.

Canadian Insider Ultra Club
$500/ year*
Daily Morning INK newsletter
+3 months archive
Canadian Market INK weekly newsletter
+3 months archive
30 publication downloads per month from the PDF store
Top 20 Gold, Top 30 Energy, Top 40 Stock downloads from the PDF store
All benefits of basic registration
No 3rd party display ads
JOIN THE CLUB

* Price is subject to applicable taxes.

Paid subscriptions and memberships are auto-renewing unless cancelled (easily done via the Account Settings Membership Status page after logging in). Once cancelled, a subscription or membership will terminate at the end of the current term.

Enerflex Ltd. (T:EFX)

Business Focus: Oil Related Services and Equipment (NEC)

Sector:  Energy Industry:  Oil Related Services and Equipment
 
See Regulatory Filings on SEDAR
Company Contact
Address: Suite 904, 1331 MacLeod Trail S.E.
CALGARY AB T2G 0K3
Tel: N/A
Website: www.enerflex.com
IR: See website
Key People
Marc E. Rossiter
President, Chief Executive Officer, Director
Sanjay Bishnoi
Chief Financial Officer, Senior Vice President
Patricia Martinez
President, Latin America, Chief Energy Transition Officer
Philip A. J. Pyle
President, International
Gregory Stewart
President, United States of America
Helmuth Witulski
President, Canada
David Hamilton Izett
Senior Vice President, General Counsel
   
Business Overview
Enerflex Ltd. is Canada-based company, which operates as a supplier of natural gas compression, oil and gas processing, refrigeration systems, and electric power generation equipment. The Company operates through three segments USA, Rest of World (ROW) and Canada. The USA segment manufactures natural gas compression, processing, refrigeration, and electric power equipment, including custom and standard compression packages and modular natural gas processing equipment and refrigeration systems. The ROW segment is engaged in manufacturing (focusing on large-scale process equipment), after-market services, including parts and components, as well as operations, maintenance, and overhaul services, and rentals of compression and processing equipment. The Canada segment is engaged in manufacturing both custom and standard natural gas compression, processing, and electric power equipment, as well as providing after-market mechanical service, parts, and compression and power generation rental.
Financial Overview
For the six months ended 30 June 2022, Enerflex Ltd revenues increased 70% to C$695.1M. Net income increased 78% to C$13M. Revenues reflect Operating segment-USA increase from C$187.6M to C$408.8M, Operating segment-Rest OF world increase of 57% to C$213.5M, Operating segment-canada increase of 67% to C$140.3M. Net income benefited from Operating segment-USA income increase from C$5.2M to C$14.4M.
Employees: 2,000 as of Dec 31, 2021
Reporting Currency: Canadian Dollars
Enterprise value: $793.77M as of Jun 30, 2022
Annual revenue (TTM): $1,248M as of Jun 30, 2022
EBITDA (TTM): $140.12M as of Jun 30, 2022
Net annual income (TTM): -$12.77M as of Jun 30, 2022
Free cash flow (TTM): $79.23M as of Jun 30, 2022
Net Debt Last Fiscal Year: $251.83M as of Jun 30, 2022
Shares outstanding: 89,680,965 as of Jun 30, 2022
TTM: Trailing Twelve Months
EBITDA: Earnings Before Interest, Taxes, Depreciation, & Amortization