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Enerflex - EFXT STOCK NEWS

Welcome to our dedicated page for Enerflex news (Ticker: EFXT), a resource for investors and traders seeking the latest updates and insights on Enerflex stock.

Enerflex Ltd (EFXT) delivers engineered gas compression solutions and energy infrastructure services across global markets. This page provides investors and industry professionals with centralized access to official company announcements and market-relevant updates.

Track critical developments including quarterly earnings, strategic partnerships, and technology innovations shaping Enerflex's position in natural gas processing. Our curated news feed covers operational milestones, leadership updates, and service expansions across North American, Latin American, and Eastern Hemisphere markets.

Discover timely updates on aftermarket service initiatives, energy transition projects, and equipment deployment critical to gas infrastructure development. Bookmark this page for direct access to verified information supporting informed analysis of Enerflex's market performance and technical capabilities.

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Enerflex Ltd. appoints Preet Dhindsa as Senior Vice President and Chief Financial Officer, praising his financial expertise and leadership. Mr. Dhindsa brings over 25 years of experience in the energy and financial sectors, aiming to drive growth and value creation for Enerflex.
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Enerflex Ltd. (EFXT) repaid approximately US$120 million of debt during Q4 2023 and prioritized debt reduction in 2023, resulting in a net debt balance of less than US$900 million. The company's preliminary outlook for 2024 reflects strong demand across business units and geographic regions, with a focus on generating free cash flow and improving financial flexibility. The company is targeting a disciplined capital program in 2024, with total capital expenditures of US$90 million to US$110 million, including a focus on expanding the Energy Infrastructure business.
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Enerflex Ltd. (TSX: EFX) (NYSE: EFXT) reported Q3 2023 financial results, including adjusted EBITDA of $122 million and $71 million of operating cash flow. The company also achieved a record engineered systems backlog of $1.6 billion and is on track for a net debt-to-EBITDA ratio of <2.5 times by the end of 2023. The PR also highlights the successful integration of Exterran, creating a resilient and sustainable business.
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Enerflex appoints Preet Dhindsa as Interim CFO
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Enerflex announces CFO resignation and search for replacement, focuses on improving cash flow generation and reducing debt through synergies and operational efficiencies.
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Enerflex Ltd. (TSX:EFX, NYSE:EFXT) announced that Sanjay Bishnoi, CFO, will leave the company effective April 10, 2023, to pursue another opportunity. Matthew Lemieux, Vice President, Corporate Development and Treasury, will serve as Interim CFO after Bishnoi's departure. Marc Rossiter, CEO, praised Bishnoi for his leadership during his tenure, especially during the COVID-19 pandemic and the acquisition of Exterran. Lemieux's extensive background includes managing substantial investments and cash management. Enerflex intends to appoint a permanent CFO soon.

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Enerflex

NYSE:EFXT

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