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 |