Enerflex Ltd. (EFXT) Enerflex Ltd., founded in Calgary, Canada in 1980, is a global provider of critical infrastructure and services for the oil and natural gas sector. The company specializes in gas compression technology, hydrocarbon processing, sophisticated refrigeration systems, energy transition solutions, and electrical power generation equipment. Their expertise includes the design, engineering, manufacturing, construction, and installation of both custom and standard compression packages for reciprocating and screw applications. They also develop and deploy modular natural gas processing equipment, waste gas systems, and electric power solutions. Furthermore, Enerflex offers services for re-engineering, reconfiguring, and re-packaging compressors to adapt to various field conditions. Complementing its equipment offerings, Enerflex provides extensive post-sales support. This includes spare parts distribution, operational and maintenance solutions, equipment optimization initiatives, manufacturer guarantees, exchange component programs, long-term service contracts, and expert technical assistance. The company also manages a significant rental fleet of natural gas compressors, boasting approximately 800,000 horsepower. Enerflex serves a broad international clientele, ranging from independent and integrated oil and gas companies to midstream and petrochemical firms, power generation entities, industrial consumers of natural gas-powered electricity, and participants in the carbon capture market. Their widespread operations span Canada, the United States, Latin America (Argentina, Bolivia, Brazil, Colombia, Mexico), the United Kingdom, the Middle East (Bahrain, Kuwait, Oman, United Arab Emirates), and the Asia-Pacific region (Australia, New Zealand, Indonesia, Malaysia, Thailand).
Sector: General Industrial Machinery & Equipment
Industry: Oil & Gas Equipment & Services
Enerflex Ltd. NYSE:EFXT Energy · Oil & Gas Equipment & Services
Mkt Cap $2.37B
Div Yield 0.63%
Pre Pre-market $19.00 Close $19.40 0.00% AH $19.40 Now $19.00 PM VOL 100 $ Vol ≈ $2K RVOL 2.53x
Close $19.40 +2.81% AH $19.40 -2.06% since
Mkt Cap $2.37B
PM VOL 100 sh
$ Vol ≈$2K
RVOL 2.53×
Div Yield 0.63%
Press Release ● Major ⚠ 3
Enerflex Ltd. Announces Third Quarter 2026 Financial and Operational Results and Increased Dividend
Enerflex reported Q3 2026 revenue of $623 million, down from $777 million a year ago on the prior-year Bisat C project, but net earnings rose to $55 million ($0.45/share) and adjusted EBITDA was $129 million.
Free cash flow more than doubled to $102 million, net debt fell to $312 million (0.6x EBITDA), and ES bookings hit a record $1.0 billion, lifting backlog to a record $2.1 billion (3.0x book-to-bill). The board raised the quarterly dividend ~17% to $0.035 per share.
Behind-the-meter natural gas power generation is the growth driver: including a Q4 award exceeding 1.0 GW for a North American data center, the BTM backlog now tops 1.75 GW with deliveries through 2028. The company also closed its $62 million Asia Pacific divestiture to INNIO Group.
• 11d ago AI analysis › Press Release
Enerflex Ltd. Announces Appointment of New Independent Directors
Enerflex appointed David Primrose and Mary Zappone to its Board of Directors effective immediately, with Primrose joining the Audit Committee.
The appointments follow the recent retirement of Fernando Assing and are described as normal-course board refreshment.
Both bring financial and industrial-sector executive experience; Chair Kevin Reinhart said the additions enhance the board's skillset as the company executes its shareholder-value strategy.
• 13d ago AI analysis › Press Release ⚠ 2
Enerflex Announces Major Project Award and Increases Behind-the-Meter Power Generation Backlog to Over 1.75 Gigawatts
Enerflex was awarded a major Engineered Systems contract to build over one gigawatt of behind-the-meter natural gas-fired power generation for a large North American data center development.
Including a ~450 MW award announced October 1, the company's behind-the-meter power generation backlog now exceeds 1.75 gigawatts, with deliveries extending through 2028.
Enerflex is investing roughly $100 million to expand its ES facilities to support execution, and sees follow-on opportunities in commissioning, installation, and after-market services via its ReliaCore ecosystem.
• 27d ago AI analysis › Press Release ⚠ 3
Enerflex Ltd. Announces Contract Award for Large-Scale Data Center Development
Enerflex won a major Engineered Systems contract to design, fabricate, and assemble approximately 450 MW of behind-the-meter natural gas-fired power generation for a North American data center developer, with deliveries from 2027 through 2028.
To support the award and expected growth, the company is directing about $15 million of 2026 capex to its ES business line and has authorized roughly $85 million of additional ES facility investments, mostly incurred in 2027.
CEO Paul Mahoney noted the opportunity pipeline exceeds 2 GW, and the award opens follow-on commissioning, installation, and after-market services opportunities via the ReliaCore ecosystem.
• 1mo ago AI analysis › Press Release
Enerflex Ltd. Completes Asia Pacific Divestiture and Confirms Timing of Third Quarter Financial and Operational Results
Enerflex completed the previously announced sale of the majority of its Asia Pacific operations, primarily its After-Market Services business, to INNIO Group.
CEO Paul Mahoney called the transaction accretive and said it sharpens focus on North America, Latin America, and the Middle East while freeing capital for profitable growth and free cash flow.
Enerflex will continue serving APAC with Engineered Systems solutions from three North American facilities and remains a channel partner for INNIO.
Q3 2026 results will be released before market open on October 29, 2026, followed by an 8:00 a.m. MT conference call.
• 1mo ago AI analysis › Press Release ● Major ⚠ 2
Enerflex Ltd. Announces Second Quarter 2026 Financial and Operational Results
Enerflex reported Q2 revenue of $582 million, down from $615 million in the prior year, while adjusted EBITDA held steady at $128 million.
The company generated $32 million in free cash flow, a significant turnaround from the prior year, and reduced net debt by $153 million to $455 million.
Operational visibility improved with the Engineered Systems backlog reaching a record $1.5 billion, prompting management to raise organic growth Capex guidance to the top end of the range.
• 3mo ago AI analysis › Press Release
Enerflex Ltd. Announces Director Resignation
Fernando Assing is resigning from the Enerflex Board of Directors effective July 17, 2026, to focus on his role as CEO of Camin Cargo Control.
Assing, a director since August 2020 and member of the Human Resources and Compensation Committee, is being replaced through a board-initiated search.
Board Chair Kevin Reinhart thanked Assing for his contributions, noting the transition allows him to prioritize his external executive responsibilities.
• 3mo ago AI analysis › Press Release
Enerflex Ltd. Announces Extension of Revolving Credit Facility and Timing of Second Quarter Financial and Operational Results
Enerflex has amended its syndicated secured revolving credit facility, extending the maturity date by three years to June 30, 2029, while maintaining availability at $800 million.
The amendment allows the company to increase the facility limit by up to $200 million subject to lender consent, an increase from the previous $50 million option, and had drawn $162 million as of March 31, 2026.
The company announced it will release its financial results for the quarter ended June 30, 2026, on Thursday, August 6, 2026, prior to market open, followed by a conference call.
• 4mo ago AI analysis › Press Release ● Major ⚠ 1
Enerflex Ltd. Announces First Quarter 2026 Financial and Operational Results
Enerflex reported strong Q1 2026 results with revenue of $584 million and Adjusted EBITDA of $137 million, achieving a record return on capital employed of 17.3%.
The company significantly improved its leverage, reducing its bank-adjusted net debt-to-EBITDA ratio to 0.9x, while maintaining a solid backlog of $1.3 billion across its Engineered Systems and Energy Infrastructure segments.
Management declared a quarterly dividend of CAD $0.0425 per share and provided a positive outlook for 2026, targeting organic capital expenditures of $175 million to $195 million to support growth.
• 6mo ago AI analysis › 
