Enerflex Ltd. Announces Extension of Revolving Credit Facility and Timing of Second Quarter Financial and Operational Results

Rhea-AI Summary

Enerflex (NYSE:EFXT) amended and restated its syndicated secured revolving credit facility, extending the $800 million RCF maturity by three years to June 30, 2029, with an accordion feature up to $200 million. As of March 31, 2026, $162 million was drawn.

The company also maintains a $70 million unsecured LC facility and announced plans to release Q2 2026 results and hold a conference call on August 6, 2026.

Positive

• RCF maturity extended three years to June 30, 2029
• RCF size maintained at $800 million with accordion up to $200 million
• $162 million drawn on RCF as of March 31, 2026, implying remaining capacity
• $70 million unsecured LC facility maintained alongside RCF

Negative

• None.

News Market Reaction – EFXT

+2.12%

+2.12% Session close to close

In the Jun 25 session, EFXT gained 2.12%, reflecting a moderate positive market reaction.

Data tracked by StockTitan Argus on the day of publication.

Market Context

This announcement extends Enerflex’s $800 million revolving credit facility to 2029 and schedules Q2...

Analysis

This announcement extends Enerflex’s $800 million revolving credit facility to 2029 and schedules Q2 2026 results. It reinforces available liquidity; investors may watch upcoming earnings for confirmation that capital allocation and balance-sheet strength remain on track.

Key Figures

RCF availability: $800 million RCF maturity: June 30, 2029 RCF accordion increase: $200 million +5 more

8 metrics

RCF availability $800 million Syndicated secured revolving credit facility size after amendment

RCF maturity June 30, 2029 New maturity date after three‑year extension

RCF accordion increase $200 million Maximum additional capacity at company request, up from $50 million

Prior accordion limit $50 million Previous maximum increase under revolving credit facility

RCF drawn amount $162 million Outstanding under RCF as of March 31, 2026

LC Facility size $70 million Unsecured credit facility supported by performance security guarantees

Extension term 3 years RCF maturity extended by three years to June 30, 2029

Q2 2026 release date August 6, 2026 Planned release of Q2 2026 financial and operational results

Previous Earnings Reports

5 past events · Latest: May 07 (Positive)

Same Type Pattern 5 events

Date	Event	Sentiment	24h Move	Catalyst
May 07	Q1 2026 results	Positive	+5.0%	Strong Q1 earnings with higher EBITDA and improved leverage metrics.
Apr 21	Q1 2026 timing	Neutral	+4.9%	Announcement of Q1 release date and investor update webcast.
Feb 25	Q4 2025 results	Positive	+17.0%	Solid Q4 results, strong free cash flow and APAC divestiture plan.
Jan 14	Q4 2025 timing	Neutral	+1.9%	Set timing for Q4 and full‑year 2025 financial release and call.
Aug 07	Q2 2025 results	Positive	+10.2%	Record Q2 2025 EBITDA, strong revenue, and healthy contract backlogs.

24h Move is the share-price change in the day after each event; other market factors may also have contributed.

Pattern Detected

Earnings and related timing announcements have historically led to positive share price reactions for Enerflex.

Key Terms

revolving credit facility, syndicated secured revolving credit facility, performance security guarantees, forward-looking information, +1 more

5 terms

revolving credit facility financial

"with respect to its syndicated secured revolving credit facility (the “RCF”)."

A revolving credit facility is a type of loan that a business can borrow from whenever it needs money, up to a set limit. It’s like having a credit card for companies—allowing them to borrow, pay back, and borrow again as needed, providing flexibility for managing cash flow or funding short-term expenses.

syndicated secured revolving credit facility financial

"with respect to its syndicated secured revolving credit facility (the “RCF”)."

A syndicated secured revolving credit facility is a bank loan line arranged by a group of lenders that a company can draw from, repay, and draw again as needed, with the loan backed by specific assets as collateral. Think of it like a large shared credit card where multiple banks agree to lend and can seize pledged assets if the borrower defaults; investors watch it because it affects a company’s short‑term cash flexibility, borrowing costs and financial risk.

performance security guarantees financial

"The LC Facility is supported by performance security guarantees provided by Export Development Canada."

Performance security guarantees are promises—often backed by a bank or insurer—that a party will complete a contract or repay costs if they fail to deliver. For investors, they act like a security deposit or co-signer that reduces the risk of losing money when a counterparty fails to perform, and they can affect a company’s cash needs and contingent liabilities if claims are made against the guarantee.

forward-looking information regulatory

"This news release contains “forward-looking information” within the meaning of applicable Canadian securities laws"

Forward-looking information are predictions, plans, estimates or expectations about a company’s future performance, results or events, such as sales forecasts, project timelines, or anticipated costs. It matters to investors because these statements guide expectations but rely on assumptions and uncertain factors—like a weather forecast for a business—so investors should treat them as informed guesses rather than guarantees and consider the risks and possible changes behind the numbers.

forward-looking statements regulatory

"and “forward-looking statements” (and together with “forward-looking information”, “FLI”)"

Forward-looking statements are predictions or plans that companies share about what they expect to happen in the future, like estimating sales or profits. They matter because they help investors understand a company's outlook, but since they are based on guesses and assumptions, they can sometimes be wrong.

AI-generated analysis. How Rhea-AI works. Not financial advice.

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All amounts presented in this release are in U.S. Dollar (“USD”) unless otherwise stated.

CALGARY, Alberta, June 24, 2026 (GLOBE NEWSWIRE) -- Enerflex Ltd. (TSX: EFX) (NYSE: EFXT) (“Enerflex” or the “Company”) is pleased to announce that the Company has entered into an amended and restated credit agreement dated June 24, 2026 with respect to its syndicated secured revolving credit facility (the “RCF”). The maturity date of the RCF has been extended by three years to June 30, 2029 and availability is unchanged at $800 million. The Company's limit under the RCF may be increased by up to $200 million at the request of the Company, subject to lenders’ consent, compared to $50 million previously. As at March 31, 2026, the Company had drawn $162 million on its RCF. Led by the Royal Bank of Canada as agent, Enerflex received renewed lending commitments from all current syndicate members.

The Company also continues to maintain a $70 million unsecured credit facility (the “LC Facility”) with one of the lenders in its RCF syndicate. The LC Facility is supported by performance security guarantees provided by Export Development Canada.

Preet Dhindsa, Enerflex’s Senior Vice President and Chief Financial Officer, commented, “We appreciate the continued support of our lending syndicate. The extension of our revolving credit facility solidifies Enerflex’s financial flexibility as we execute our strategy. With a strong balance sheet and ample available liquidity, we remain focused on disciplined capital allocation and delivering long-term value for shareholders.”

Q2 Earnings Release

Enerflex plans to release its financial results and operating highlights for the three and six months ended June 30, 2026, on Thursday, August 6, 2026 prior to market open. Results will be communicated by news release and will be available on the Company's website at www.enerflex.com and under the electronic profile of the Company on SEDAR+ and EDGAR at www.sedarplus.ca and www.sec.gov/edgar, respectively.

Investors, analysts, members of the media, and other interested parties, are invited to participate in a conference call and audio webcast on Thursday, August 6, 2026 at 8:00 a.m. (MT), where members of senior management will discuss the Company's results. A question-and-answer period will follow.

To participate, register at https://register-conf.media-server.com/register/BIebea8b6833b642bbbff6b1c892d4954a. Once registered, participants will receive the dial-in numbers and a unique PIN to enter the call. The audio webcast of the conference call will be available on the Enerflex website at www.enerflex.com under the Investors section or can be accessed directly at https://edge.media-server.com/mmc/p/jgxueet4.

ADVISORY REGARDING FORWARD-LOOKING INFORMATION

This news release contains “forward-looking information” within the meaning of applicable Canadian securities laws and “forward-looking statements” (and together with “forward-looking information”, “FLI”) within the meaning of the safe harbor provisions of the US Private Securities Litigation Reform Act of 1995. All statements other than statements of historical fact are FLI. The use of any of the words “plan”, “will”, and similar expressions, are intended to identify FLI. In particular, this news release includes (without limitation) FLI pertaining to the Company’s expectation to release its financial results and operating highlights for the three and six months ended June 30, 2026, prior to the markets opening on Thursday, August 6, 2026 along with the news release, conference call and audio webcast associated therewith.

The FLI included in this news release is made as of the date of this news release and is based on the information available to the Company at such time and, other than as required by law, Enerflex disclaims any intention or obligation to update or revise any FLI, whether as a result of new information, future events, or otherwise. This news release and its contents should not be construed, under any circumstances, as investment, tax, or legal advice.

ABOUT ENERFLEX
Enerflex is a leading provider of modular natural gas, power, and treated water technology solutions, delivering value through disciplined execution and a deliberate approach to where we compete. Our customer focused delivery model supports operational excellence, innovation, and scalability across our global footprint with a focus on creating long-term shareholder value.

With approximately 4,400 engineers, manufacturers, technicians, professionals, and innovators, Enerflex is bound together by a shared vision: Transforming Energy for a Sustainable Future. The Company remains committed to the future of natural gas and the critical role it plays, while focused on sustainability offerings to support the world’s energy needs.

Enerflex’s common shares trade on the Toronto Stock Exchange under the symbol “EFX” and on the New York Stock Exchange under the symbol “EFXT”. For more information about Enerflex, visit www.enerflex.com.

For investor and media enquiries, contact:

Paul Mahoney
President and Chief Executive Officer
E-mail: PMahoney@enerflex.com

Preet S. Dhindsa
Senior Vice President and Chief Financial Officer
E-mail: PDhindsa@enerflex.com

Jeff Fetterly
Vice President, Corporate Development and Capital Markets
E-mail: JFetterly@enerflex.com

FAQ

What did Enerflex (NYSE:EFXT) announce about its revolving credit facility on June 24, 2026?

Enerflex announced an amended and restated revolving credit facility extending maturity to June 30, 2029. According to Enerflex, the syndicated secured RCF remains at $800 million, with potential to increase by up to $200 million, subject to lender consent.

How large is Enerflex's revolving credit facility and how much was drawn as of March 31, 2026?

Enerflex’s revolving credit facility totals $800 million, with $162 million drawn as of March 31, 2026. According to Enerflex, the facility also includes an option to increase the limit by up to $200 million, subject to lender approval.

When will Enerflex (EFXT) report Q2 2026 financial and operational results?

Enerflex plans to release Q2 2026 results on Thursday, August 6, 2026, before market open. According to Enerflex, the financial results and operating highlights for the three and six months ended June 30, 2026 will be shared via news release and regulatory filings.

When is Enerflex's Q2 2026 earnings conference call and webcast for NYSE:EFXT investors?

Enerflex will host its Q2 2026 earnings conference call on August 6, 2026 at 8:00 a.m. MT. According to Enerflex, investors can participate by registering for dial-in details or accessing the live audio webcast through the Investors section of the company’s website.

What is Enerflex's LC Facility and how does it relate to the RCF?

Enerflex maintains a $70 million unsecured LC Facility with one RCF syndicate lender. According to Enerflex, this facility is supported by performance security guarantees from Export Development Canada and operates alongside the company’s $800 million syndicated secured revolving credit facility.

Can Enerflex increase the size of its revolving credit facility beyond $800 million?

Enerflex may request an increase of its revolving credit facility limit by up to $200 million. According to Enerflex, this accordion feature, previously $50 million, is subject to lender consent and sits on top of the existing $800 million availability.