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Enerflex (EFXT) Stock News, Oct 13, 2022

EFXT NYSE

Enerflex Ltd. reports developments tied to modular natural gas, power technology and treated water solutions, with recurring updates on Engineered Systems, Aftermarket Services and Energy Infrastructure. Company news commonly covers financial and operational results, backlog and project execution, global operating activity, and margin trends across its natural gas compression and processing equipment business.

Other recurring announcements address shareholder meeting results, board elections, investor updates, and capital-structure actions such as senior note issuance, redemption activity and use of revolving credit capacity. These items reflect Enerflex’s mix of equipment manufacturing, aftermarket support and energy infrastructure operations serving natural gas and related energy markets.

Rhea-AI Summary

Enerflex Ltd. has successfully completed its acquisition of Exterran Corporation, enhancing its position in the energy sector. Enerflex's shares will now trade on the NYSE under the symbol 'EFXT'. The merger is expected to yield annual cost savings and synergies of around $60 million. Enerflex aims to strengthen its financial position, targeting a bank-adjusted net debt to EBITDA ratio below 2.5 times within 12 to 18 months. The company will continue its operations in over 100 locations globally, positioning itself to meet the growing demand for natural gas and energy security.

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FAQ

What is the current stock price of Enerflex (EFXT)?

The current stock price of Enerflex (EFXT) is $24.59 as of October 3, 2026.

What is the market cap of Enerflex (EFXT)?

The market cap of Enerflex (EFXT) is approximately 3.0B.