Enerflex Stock Price, News & Analysis

Enerflex (TSX: EFX / NYSE: EFXT) announced it will release its financial results and operating highlights for the three and nine months ended September 30, 2025 prior to market open on Thursday, November 6, 2025. The PR states the results will be published via news release, on the company website, SEDAR+ and EDGAR. Management will host a conference call and audio webcast on November 6, 2025 at 8:00 a.m. MST with a Q&A session. Interested parties must register to receive dial-in details and a unique PIN; the webcast link will be available on Enerflex's Investors page. The PR also includes a standard advisory about forward-looking information.

Enerflex (NYSE:EFXT) has appointed Paul E. Mahoney as its new President, CEO, and Board Director, effective September 29, 2025. The appointment follows an extensive global search process evaluating both internal and external candidates.

Mahoney brings over 30 years of experience in industrial and energy sectors. The company's near-term priorities include enhancing core operations profitability, capitalizing on expected increases in natural gas and produced water volumes, and maximizing free cash flow to strengthen its financial position.

Preet S. Dhindsa, who served as interim CEO, will return to his role as Senior Vice President and CFO, while Joe Ladouceur will continue as Vice President Treasury, Tax, and Insurance.

Enerflex (NYSE:EFXT) reported strong Q2 2025 financial results, achieving a record adjusted EBITDA of $130 million. The company generated revenue of $615 million, with a gross margin of 29%. The Engineered Systems backlog remained stable at $1.2 billion, while Energy Infrastructure contract backlog stood strong at $1.5 billion.

Key highlights include $18 million returned to shareholders through dividends and share repurchases, a significant improvement in ROCE to 16.4%, and net earnings of $60 million ($0.49 per share). The company maintains a healthy balance sheet with net debt of $608 million and a bank-adjusted net debt-to-EBITDA ratio of 1.3x.

For 2025, Enerflex targets capital expenditures of approximately $120 million, including $60 million for growth opportunities. The company declared a quarterly dividend of C$0.0375 per share, payable on September 2, 2025.

Enerflex Ltd. (NYSE: EFXT) has successfully extended its syndicated secured revolving credit facility (RCF) maturity date by three years to July 11, 2028, maintaining the availability at $800 million. As of March 31, 2025, the company had drawn $117 million on the RCF. The company also maintains a $70 million unsecured credit facility supported by Export Development Canada.

The company's interim CFO highlighted that this renewal provides enhanced liquidity and improved terms, supporting Enerflex's strategic priorities which include improving core operations profitability, capitalizing on expected natural gas and produced water volume increases, and maximizing free cash flow. Additionally, Enerflex announced it will release its Q2 2025 financial results on August 7, 2025, before market opening.

Enerflex Ltd (NYSE: EFXT) reported strong Q1 2025 financial results with adjusted EBITDA of $113 million and free cash flow of $85 million. Revenue was $552 million, down from $638 million in Q1 2024. The company achieved improved gross margins of 29% and reduced its bank-adjusted net debt-to-EBITDA ratio to 1.3x. Engineered Systems bookings were $205 million with a solid backlog of $1.2 billion. The U.S. contract compression business maintained strong performance with 94% utilization. The company declared a quarterly dividend of CAD$0.0375 per share. Management highlighted strong operational execution, disciplined capital allocation, and debt reduction of $74 million during Q1. For 2025, Enerflex targets capital expenditures of $110-130 million and expects Energy Infrastructure and After-Market Services to account for approximately 65% of gross margin.

Enerflex Ltd. (NYSE: EFXT) held its Annual Meeting of Shareholders virtually on May 7, 2025, where shareholders approved all 8 nominee directors. The voting results showed varying levels of support, with approval percentages ranging from 81.54% to 96.24%. Fernando R. Assing and Mona Hale received the highest approval at 96.24%, while Thomas B. Tyree, Jr. received the lowest at 81.54%. Additionally, shareholders approved the non-binding advisory vote on executive compensation ("Say-on-Pay") with 91.59% support, representing 83,831,845 common shares.

Enerflex (TSX: EFX) (NYSE: EFXT) has announced two key corporate governance initiatives. First, the company plans to initiate a search for a new qualified independent director this year. Second, the Board has committed to achieving at least 30% gender diversity by the 2026 annual meeting.

The company also announced it will release its Q1 2025 financial results on May 8, 2025, before market open, followed by a conference call and audio webcast at 8:00 a.m. (MDT) where senior management will discuss results and host a Q&A session.

Enerflex (TSX: EFX) (NYSE: EFXT) has received approval from the Toronto Stock Exchange for a normal course issuer bid (NCIB) to repurchase up to 6,159,695 common shares, representing 5% of its public float as of March 18, 2025.

The NCIB will run from April 1, 2025 to March 31, 2026, with daily purchases to 109,475 shares, except for block purchases. The company had 124,150,067 common shares outstanding and a public float of 123,193,902 shares as of March 18, 2025.

Enerflex believes the current share price doesn't reflect underlying value and sees the buyback as an effective use of cash resources. The company has established an automatic share purchase plan (ASPP) with its designated broker to facilitate purchases at market prices through various trading facilities including TSX and NYSE.

Enerflex (TSX: EFX) (NYSE: EFXT) has announced Board approval to implement a Normal Course Issuer Bid (NCIB), allowing the company to repurchase up to 5% of its public float over twelve months through the TSX, alternative Canadian trading systems, or NYSE.

The announcement follows two key shareholder-focused initiatives:

• A previously announced 50% increase in quarterly dividend
• The planned implementation of the NCIB share buyback program

According to Interim CEO Preet Dhindsa, these moves are possible as Enerflex is now operating within its target leverage range. The company believes the current market price of its common shares doesn't fully reflect their underlying value and considers the repurchase program an effective use of cash resources. The NCIB implementation is subject to TSX approval, with further details pending.