reports
Enerflex Ltd. Announces Partial Redemption of Senior Secured Notes, Fu...
Enerflex Ltd. Announces Partial Redemption of Senior Secured Notes, Further Debt Reduction and Timing of Third Quarter Results ISSUES NOTICE TO REDEEM $62.5 MILLION OF ITS 9.00% SENIOR SECURED NOTES DUE 2027 NET DEBT BALANCE OF APPROXIMATELY $700 MILLION AT THE END OF Q3/24, REFLECTING GROSS DEBT REPAYMENT OF APPROXIMATELY $100 MILLION DURING THE THIRD QUARTER CALGARY, Alberta, Oct. 01, 2024 (GLOBE NEWSWIRE) -- Enerflex Ltd. (TSX: EFX) (NYSE: EFXT) (“Enerflex” or the “Company”) announced that it has delivered a notice of partial redemption of its 9.00% Senior Secured Notes due 2027 (the...
Enerflex Ltd. Provides Update Related to Kurdistan Project
Enerflex Ltd. Provides Update Related to Kurdistan Project CALGARY, Alberta, Aug. 20, 2024 (GLOBE NEWSWIRE) -- Enerflex Ltd. (TSX: EFX) (NYSE: EFXT) (“Enerflex” or the “Company”) today provided an update of a modularized cryogenic natural gas processing facility in Kurdistan (the “EH Cryo project”). As previously announced, and in response to a drone attack on April 26, 2024, that resulted in fatalities at an operational facility proximate to the EH Cryo project, Enerflex provided its customer with notice of Force Majeure, suspended activity at the project site, and demobilized its per...
Enerflex Ltd. Reports Second Quarter 2024 Financial and Operational Re...
Enerflex Ltd. Reports Second Quarter 2024 Financial and Operational Results RECORD ADJUSTED EBITDA OF $122 MILLION ES AND EI BACKLOG STABLE AT $1.3 BILLION AND $1.6 BILLION, RESPECTIVELY, PROVIDING STRONG OPERATIONAL VISIBILITY BANK-ADJUSTED NET DEBT-TO-EBITDA RATIO OF 2.2X AT THE END OF Q2/24, ON TRACK TO REACH LEVERAGE FRAMEWORK TARGET OF 1.5X TO 2.0X FULL-YEAR 2024 CAPITAL SPENDING EXPECTED TO BE AT THE LOW END OF $90 TO $110 MILLION GUIDANCE RANGE CALGARY, Alberta, Aug. 07, 2024 (GLOBE NEWSWIRE) -- Enerflex Ltd. (TSX: EFX) (NYSE: EFXT) (“Enerflex” or the “Company”) today reported...
Enerflex Ltd. Announces Extension and Consolidation of Credit Faciliti...
Enerflex Ltd. Announces Extension and Consolidation of Credit Facilities, New Target Leverage Framework and Timing of Second Quarter Results Extending Maturity of Revolving Credit Facility to October 2026 and Increasing Availability to $800 Million; Provides Ample Liquidity to Support Global Business Enerflex Will Be Repaying Its Existing Term Loan, Reflecting On-Going Efforts to Reduce Finance Costs and Optimize Debt Stack Targeting a Bank-Adjusted Net Debt-To-Ebitda Ratio of 1.5x to 2.0x CALGARY, Alberta, June 26, 2024 (GLOBE NEWSWIRE) -- Enerflex Ltd. (TSX: EFX) (NYSE: E...
Enerflex Ltd. Announces Voting Results of the Annual Meeting of Shareh...
Enerflex Ltd. Announces Voting Results of the Annual Meeting of Shareholders CALGARY, Alberta, May 07, 2024 (GLOBE NEWSWIRE) -- Enerflex Ltd. (TSX: EFX) (NYSE: EFXT) ("Enerflex" or the "Company"), announces that at its Annual Meeting of Shareholders (the "Meeting") held virtually on May 7, 2024, Enerflex’s shareholders approved the election of all 10 nominee directors presented in the Company’s Management Information Circular dated March 15, 2024. The shares represented at the Meeting voting on individual nominee directors were as follows: ApprovalAgainstDirectorVotes ForPercentageVot...
Enerflex Ltd. Reports First Quarter 2024 Financial Results and Provide...
Enerflex Ltd. Reports First Quarter 2024 Financial Results and Provides Operational Update CALGARY, Alberta, May 07, 2024 (GLOBE NEWSWIRE) -- Enerflex Ltd. (TSX: EFX) (NYSE: EFXT) (“Enerflex” or the “Company”) today reported its financial and operational results for the three months ended March 31, 2024. Effective January 1, 2024, the Company changed its presentation currency from Canadian dollars (“CAD”) to United States dollars (“USD”) to provide more relevant reporting of the Company’s financial position. As a result, all amounts presented in this release are in USD unless otherwise s...
Enerflex Prevails in Appeal of Mexican Labor Board Decision and Announ...
Enerflex Prevails in Appeal of Mexican Labor Board Decision and Announces Timing of First Quarter Results CALGARY, Alberta, April 29, 2024 (GLOBE NEWSWIRE) -- Enerflex Ltd. (TSX: EFX) (NYSE: EFXT) (“Enerflex” or the “Company”) today provided an update with regard to an ongoing legal proceeding in Mexico. The Tenth Circuit Collegiate Court on Labor Matters in Mexico (the “Court”) has published a decision setting aside a January 31, 2022 decision of a Labor Board in the State of Tabasco, Mexico (the “Labor Board”) that had ordered subsidiaries of Exterran Corporation (now subsidiaries of E...
Enerflex Appoints Industry Veteran Tom Tyree to Board of Directors
Enerflex Appoints Industry Veteran Tom Tyree to Board of Directors Seasoned Energy Executive Brings Extensive Strategic Leadership and Capital Markets Expertise CALGARY, Alberta, March 11, 2024 (GLOBE NEWSWIRE) -- Enerflex Ltd. (TSX: EFX) (NYSE: EFXT) (“Enerflex” or the “Company”) is pleased to announce the appointment of Thomas B. Tyree, Jr. to its Board of Directors (the “Board”), effective March 11, 2024. Mr. Tyree is a seasoned energy executive and investment banker with deep expertise in strategy development, capital markets, and corporate finance. He has extensive experience le...
Enerflex Ltd: 1 director
A director at Enerflex Ltd bought 4,000 shares at 8.447CAD and the significance rating of the trade was 57/100. Is that information sufficient for you to make an investment decision? This report gives details of those trades and adds context and analysis to them such that you can judge whether these trading decisions are ones worth following. Included in the report is a detailed share price chart which plots discretionary trades by all the company's directors over the last two years clearly sh...
Enerflex Ltd. Reports Fourth Quarter 2023 Financial and Operational Re...
Enerflex Ltd. Reports Fourth Quarter 2023 Financial and Operational Results ADJUSTED EBITDA OF $126 MILLION AND $185 MILLION OF FREE CASH FLOW ENGINEERED SYSTEMS BACKLOG OF $1.5 BILLION PROVIDES SOLID VISIBILITY FOR 2024 REPAID $167 MILLION OF DEBT AND REDUCED NET DEBT-TO-EBITDA RATIO1 TO 2.3 TIMES AT YEAR END CALGARY, Alberta, Feb. 28, 2024 (GLOBE NEWSWIRE) -- Enerflex Ltd. (TSX: EFX) (NYSE: EFXT) (“Enerflex” or the “Company”) today reported its financial and operational results for the three months and year ended December 31, 2023. All amounts are presented in Canadian dollars...
Enerflex Ltd. Appoints Preet Dhindsa as Senior Vice President and Chie...
Enerflex Ltd. Appoints Preet Dhindsa as Senior Vice President and Chief Financial Officer CALGARY, Alberta, Feb. 15, 2024 (GLOBE NEWSWIRE) -- Enerflex Ltd. (TSX: EFX) (NYSE: EFXT) ("Enerflex" or the "Company") today announced the appointment of Mr. Preet Dhindsa as Senior Vice President and Chief Financial Officer (“CFO”), effective March 1, 2024. Mr. Dhindsa has served as the Company’s Interim CFO since October 13, 2023. "Preet has provided solid leadership and financial stewardship since joining Enerflex in October, and our company benefits from his financial acumen and experience lead...
Enerflex Ltd. Provides Full-Year 2023 Update and Preliminary Outlook f...
Enerflex Ltd. Provides Full-Year 2023 Update and Preliminary Outlook for 2024 REPAID APPROXIMATELY US$120 MILLION OF DEBT DURING Q4 2023 PRELIMINARY OUTLOOK FOR 2024 REFLECTS STRONG DEMAND ACROSS BUSINESS UNITS AND GEOGRAPHIC REGIONS DISCIPLINED CAPITAL PROGRAM IN 2024, PRIORITIZING DEBT REDUCTION AND LOWERING NET FINANCE COSTS CALGARY, Alberta, Jan. 16, 2024 (GLOBE NEWSWIRE) -- Enerflex Ltd. (TSX: EFX) (NYSE: EFXT) (“Enerflex” or the “Company”) today is providing a full-year 2023 update and its preliminary financial and operational outlook for 2024. FULL-YEAR 2023 UPDATE Based on o...
Enerflex Ltd. Reports Third Quarter 2023 Financial and Operational Res...
Enerflex Ltd. Reports Third Quarter 2023 Financial and Operational Results ADJUSTED EBITDA OF $122 MILLION AND $71 MILLION OF OPERATING CASH FLOW CONTINUED STRONG BOOKINGS AND RECORD ENGINEERED SYSTEMS BACKLOG OF $1.6 BILLION ON TRACK FOR NET DEBT-TO-EBITDA RATIO OF
Enerflex Ltd. Appoints Preet Dhindsa as Interim Chief Financial Office...
Enerflex Ltd. Appoints Preet Dhindsa as Interim Chief Financial Officer CALGARY, Alberta, Oct. 10, 2023 (GLOBE NEWSWIRE) -- Enerflex Ltd. (TSX: EFX) (NYSE: EFXT) ("Enerflex" or the "Company") today announced the appointment of Mr. Preet Dhindsa as Interim Chief Financial Officer ("CFO"), effective October 13, 2023. Enerflex has retained an executive search firm and will consider Mr. Dhindsa and other candidates as part of its process to identify the Company's next permanent CFO. Mr. Dhindsa is a seasoned financial leader with more than 25 years of experience, primarily in the energy and ...
Enerflex Ltd. Reports Strong Second-quarter 2023 Financial and Operati...
Enerflex Ltd. Reports Strong Second-quarter 2023 Financial and Operational Results CALGARY, Alberta, Aug. 09, 2023 (GLOBE NEWSWIRE) -- Enerflex Ltd. (TSX: EFX) (NYSE: EFXT) ("Enerflex" or the "Company") today reported its financial and operational results for the three and six months ended June 30, 2023. All amounts are presented in Canadian dollars unless otherwise stated. "Enerflex's solid second-quarter 2023 operational results underscore the sustainability of our three core business lines being executed on a global scale. The two business lines that comprise our recurring revenues, E...
Enerflex Ltd. Announces Appointment of Mr. Rodney D. Gray as Senior Vi...
Enerflex Ltd. Announces Appointment of Mr. Rodney D. Gray as Senior Vice President and Chief Financial Officer to Steward Financial Strategy and Drive Long-term Shareholder Value CALGARY, Alberta, June 28, 2023 (GLOBE NEWSWIRE) -- Enerflex Ltd. (TSX: EFX) (NYSE: EFXT) ("Enerflex" or the "Company") is pleased to announce the appointment of Mr. Rodney D. Gray as Senior Vice President and Chief Financial Officer, effective July 1, 2023. Mr. Gray will be responsible for Enerflex's financial reporting, treasury, tax, internal audit, corporate development, and capital market functions and will ...
Enerflex Ltd. Reports Strong First-quarter 2023 Financial and Operatio...
Enerflex Ltd. Reports Strong First-quarter 2023 Financial and Operational Results, Including Engineered Systems Bookings of $517 Million CALGARY, Alberta, May 03, 2023 (GLOBE NEWSWIRE) -- Enerflex Ltd. (TSX: EFX) (NYSE: EFXT) ("Enerflex" or the "Company") today reported its financial and operational results for the three months ended March 31, 2023. "Enerflex's first-quarter results demonstrate the successful execution of our long-term strategy to grow our base of stable energy infrastructure assets and our ability to build upon the momentum we generated in our manufacturing business in ...
Enerflex Ltd. Announces Approval of Resolutions at Annual Meeting of S...
Enerflex Ltd. Announces Approval of Resolutions at Annual Meeting of Shareholders CALGARY, Alberta, May 02, 2023 (GLOBE NEWSWIRE) -- Enerflex Ltd. (TSX: EFX) (NYSE: EFXT) ("Enerflex" or the "Company") is pleased to announce that its shareholders approved all resolutions at its Annual Meeting of Shareholders (the "Meeting") held virtually on May 2, 2023. During the business proceedings of the Meeting, Enerflex shareholders approved the following resolutions: Resolution to elect 10 directors of the Company, with 89.8% to 99.9% of the shares represented at the Meeting voting in favour ...
Enerflex Ltd. Announces Succession Plan for Chief Financial Officer
Enerflex Ltd. Announces Succession Plan for Chief Financial Officer CALGARY, Alberta, March 19, 2023 (GLOBE NEWSWIRE) -- Enerflex Ltd. (TSX:EFX) (NYSE:EFXT) ("Enerflex" or the "Company") today announced that Sanjay Bishnoi, Senior Vice President and Chief Financial Officer, will relinquish his position effective April 10, 2023, to pursue another opportunity. Matthew Lemieux, Enerflex's Vice President, Corporate Development and Treasury, will be appointed as Interim Chief Financial Officer following Mr. Bishnoi's departure. "Over three and a half years ago, we brought Sanjay aboard expect...
Enerflex Ltd. Reports Solid Year-End 2022 Results and Successfully Clo...
Enerflex Ltd. Reports Solid Year-End 2022 Results and Successfully Closes Acquisition of Exterran Corporation, Creating Significant Momentum for 2023 CALGARY, Alberta, March 01, 2023 (GLOBE NEWSWIRE) -- Enerflex Ltd. (TSX: EFX) (NYSE: EFXT) ("Enerflex" or the "Company"), a premier integrated global provider of energy infrastructure and energy transition solutions, today reported its financial and operational results for the three months and year ended December 31, 2022. "2022 was a pivotal year for Enerflex," said Marc Rossiter, Enerflex's President and Chief Executive Officer. "Not only...
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