The share price of Enerflex Ltd. (NYSE:EFXT) surged by 9.22% between December 5 and December 12, 2025, putting it among the Energy Stocks that Gained the Most This Week. Here is Why Enerflex (EFXT) Gained This Week Enerflex Ltd. (NYSE:EFXT) offers energy infrastructure and energy transition solutions in North America, Latin America, and the Eastern Hemisphere. On December 9, Raymond James upgraded Enerflex Ltd. (NYSE:EFXT) from ‘Outperform’ to ‘Strong Buy’, while also raising its price target from C$24. ...

CALGARY, Alberta, Dec. 11, 2025 (GLOBE NEWSWIRE) -- Enerflex Ltd. (TSX: EFX) (NYSE: EFXT) (“Enerflex” or the “Company”) today announced that it has completed the previously announced redemption of all of its 9.00% Senior Secured Notes due 2027 (the “Redemption”). The Redemption was facilitated using proceeds raised by Enerflex Inc., a direct, wholly owned subsidiary of Enerflex, under its previously announced private offering of $400 million in aggregate principal amount of 6.875% senior notes due 2031 (the ...

The Enerflex stake now represents 1.53% of Hillsdale’s reported U.S. equity assets, placing it within the fund's top 10 holdings. Hillsdale Investment Management made a significant purchase of Enerflex (EFXT +5.76%) shares, increasing its stake by $43.76 million, according to a November 10, 2025, SEC filing.What happenedAccording to a filing with the Securities and Exchange Commission dated November 10, 2025, Hillsdale Investment Management increased its reported holding in Enerflex by 3,824,093 shares over ...

Core Viewpoint - Enerflex Ltd. has announced a private offering of $400 million in senior notes, which will be used to redeem existing higher-interest notes, indicating a strategic move to optimize its debt structure and reduce interest expenses [1][2]. Group 1: Offering Details - Enerflex Inc., a wholly owned subsidiary, priced the offering of $400 million in 6.875% senior notes due 2031, which will be issued at par [1]. - The offering is expected to close on December 11, 2025, subject to customary closing conditions [1]. - The net proceeds from the offering, along with borrowings from the secured revolving credit facility, will be used to fully redeem the outstanding 9.000% Senior Secured Notes due 2027 at a redemption price of 102.25% of the principal amount [2]. Group 2: Regulatory and Compliance Information - The notes are being offered in a private offering relying on exemptions from the registration requirements of the Securities Act of 1933 and applicable Canadian securities laws [3]. - The notes and guarantees have not been registered under the Securities Act or any state securities laws, and Enerflex does not intend to register them [4]. Group 3: Forward-Looking Information - The news release contains forward-looking information regarding the completion of the offering and the intended use of proceeds for redeeming the 2027 Notes [6][7]. - Management's expectations are based on various assumptions, including the satisfaction of customary closing conditions and the timely receipt of net proceeds [8].

Core Viewpoint - Enerflex Ltd. announced a private offering of $400 million in senior notes due 2031 to redeem its outstanding 9.000% Senior Secured Notes due 2027, contingent upon the completion of the offering [1][2]. Offering Details - The offering consists of $400 million in aggregate principal amount of senior notes due 2031 [1]. - The net proceeds from the offering, along with borrowings from the secured revolving credit facility, will be used to fully redeem the 2027 Notes [2]. - The redemption of the 2027 Notes is set for December 11, 2025, at a price of 102.25% of the principal amount plus accrued interest [2]. Regulatory Compliance - The notes will be offered in a private offering relying on exemptions from registration requirements under the Securities Act of 1933 and applicable Canadian securities laws [3][4]. - The offering is limited to qualified institutional buyers and non-U.S. persons outside the United States [3]. Forward-Looking Information - The news release contains forward-looking information regarding market conditions and the completion of the offering [6][7]. - Management's expectations are based on various assumptions, including the supportiveness of market conditions for the offering [8].

Core Insights - Enerflex Ltd. has appointed Ms. Céline Gerson to its Board of Directors, effective immediately [1] - Ms. Gerson brings 25 years of experience from Fortune 500 companies, enhancing the Board's skillset as Enerflex pursues its strategic goals [2] - Ms. Gerson expressed her enthusiasm for joining Enerflex at a pivotal time, emphasizing the company's commitment to sustainable shareholder value [3] About Céline Gerson - Ms. Gerson has a strong background in international business, strategy development, and commercial positioning, currently serving as President and Group Director for Fugro Americas [3][4] - She holds a B.B.A in International Finance and Marketing and a J.D., along with an Executive Leadership Development program from Harvard Business School [4] About Enerflex - Enerflex is a global provider of energy infrastructure and transition solutions, focusing on natural gas and sustainability [5] - The company employs over 4,400 professionals dedicated to transforming energy for a sustainable future [5] - Enerflex's shares are traded on the Toronto Stock Exchange and the New York Stock Exchange under the symbols "EFX" and "EFXT," respectively [6]

Financial Performance - Revenue for Q3 2025 reached $777 million, a 29.3% increase from $601 million in Q3 2024[3] - Gross margin improved to $172 million, up 21.9% from $141 million year-over-year[3] - Operating income for Q3 2025 was $102 million, compared to $57 million in Q3 2024, reflecting an increase of 78.9%[3] - Net earnings for Q3 2025 were $37 million, a 23.3% increase from $30 million in Q3 2024[3] - Revenue for the nine months ended September 30, 2025, was $1,944 million, up from $1,853 million for the same period in 2024, reflecting a growth of 4.9%[43] - Segment revenue for NAM was $480 million in Q3 2025, up from $418 million in Q3 2024, representing a 14.8% growth[49] - LATAM segment revenue decreased to $88 million in Q3 2025 from $114 million in Q3 2024, a decline of 22.8%[49] - EH segment revenue increased to $225 million in Q3 2025 from $89 million in Q3 2024, a significant rise of 153.9%[49] Assets and Liabilities - Total assets increased to $2,855 million as of September 30, 2025, up from $2,791 million at the end of 2024[1] - Current liabilities decreased slightly to $909 million from $911 million at the end of 2024[1] - Cash and cash equivalents decreased to $64 million from $92 million at the end of 2024[1] - Total shareholders' equity rose to $1,155 million, an increase from $1,049 million at the end of 2024[1] - Total accounts receivable rose to $458 million as of September 30, 2025, compared to $398 million at the end of 2024, marking a 15.1% increase[16] - Long-term debt decreased to $648 million as of September 30, 2025, from $708 million as of December 31, 2024, a reduction of 8.5%[33] Cash Flow and Operating Activities - The company reported a cash provided by operating activities of $74 million for Q3 2025, down from $98 million in Q3 2024[5] - The company incurred a net repayment of the Revolving Credit Facility amounting to $33 million during Q3 2025[5] - The company experienced a net change in working capital of $(41) million for the three months ended September 30, 2025, compared to a positive change of $35 million in Q3 2024[60] Revenue Recognition and Impairments - Unbilled revenue recognized for the nine months ended September 30, 2025, was $566 million, compared to $766 million for the same period in 2024, reflecting a decrease of 26.2%[18] - The Company recognized a $4 million impairment of its investment in associates and joint ventures during the nine months ended September 30, 2025, compared to no impairment in the same period of 2024[31] Expenses and Costs - Core SG&A expenses for the nine months ended September 30, 2025, were $159 million, a decrease of 13.6% from $184 million in the same period of 2024[46] - Net finance costs for the three months ended September 30, 2025, were $20 million, down from $23 million in Q3 2024, a reduction of 13%[53] Shareholder Actions and Dividends - The Company repurchased 2,676,200 common shares during the nine months ended September 30, 2025, at a volume weighted average price of CAD $10.93 per share, totaling $22 million[41] - Enerflex declared a quarterly dividend of CAD $0.0425 per common share, payable on December 1, 2025, to shareholders of record on November 17, 2025[69] - The Company will continue to evaluate dividend payments based on cash flow availability, market conditions, and business needs[69] Legal and Arbitration Matters - The Company is involved in arbitration proceedings related to a project contract termination, with the outcome potentially affecting its financial position and results of operations[68] - Enerflex does not expect any outstanding lawsuits or claims to have a material adverse effect on its consolidated financial position or cash flows[66] - Enerflex has accrued reserves for outstanding lawsuits when it is probable that a liability has been incurred and can be reasonably estimated[66] - The Company disputes claims made by a customer in arbitration, asserting that its actions were in accordance with the project contract[68] - Enerflex intends to vigorously defend itself against the customer's claims while pursuing its own counterclaims[68]

Financial Data and Key Metrics Changes - Revenue for Q3 2025 was $777 million, up from $601 million in Q3 2024 and $615 million in Q2 2025, primarily driven by the BSAT C expansion project [14] - Gross margin before depreciation and amortization was $206 million, or 27% of revenue, compared to $176 million, or 29% in Q3 2024, and $175 million, or 29% in Q2 2025 [14] - Adjusted EBIT reached a record $145 million, compared to $120 million in Q3 2024 and $130 million in Q2 2025 [16] - Free cash flow decreased to $43 million in Q3 2025 from $78 million in Q3 2024 due to working capital investments [16] - Net earnings were $37 million, or $0.30 per share, compared to $30 million, or $0.24 per share in Q3 2024 [18] Business Line Data and Key Metrics Changes - The energy, infrastructure, and aftermarket services business lines contributed 58% of gross margin before depreciation and amortization during Q3 [4] - Engineered Systems backlog as of September 30 was $1.1 billion, with bookings of $339 million during Q3 [7] - Aftermarket Services gross margin before depreciation and amortization was 21% in the quarter, benefiting from increased customer maintenance activities [8] Market Data and Key Metrics Changes - The U.S. contract compression business maintained a stable utilization rate of 94% across a fleet of approximately 470,000 horsepower [5] - Enerflex's international energy infrastructure business includes approximately 1.1 million horsepower of operated compression and 24 BOOM projects in various regions [9] Company Strategy and Development Direction - The company aims to enhance profitability of core operations and leverage its position in core operating countries to capitalize on expected increases in natural gas and produced water volumes [10] - Enerflex plans to focus on disciplined capital allocation, including a 13% increase in quarterly dividends, reflecting confidence in its financial position [22] - The company is exploring opportunities in electrical power generation, particularly in the microgrid power generation market [12] Management's Comments on Operating Environment and Future Outlook - Management expressed confidence in long-term growth fundamentals driven by global energy security and increasing demand for natural gas [24] - The company is closely monitoring near-term risks, including tariffs and commodity price volatility, while maintaining a proactive management approach [8] Other Important Information - Enerflex's bank-adjusted net debt to EBITDA ratio improved to approximately 1.2 times at the end of Q3 2025, down from 1.9 times at the end of Q3 2024 [19] - The company has initiated strategic inventory investments to support customer commitments and manage lead times effectively [36] Q&A Session Summary Question: What does the team think Enerflex does well and what needs improvement? - Management highlighted a focus on execution levers, cost management, and working capital efficiency as key areas of strength, while also identifying opportunities for digitization initiatives [26] Question: Can you elaborate on the potential for MobilePower and revenue opportunities? - Management indicated that 500 megawatts of opportunities could grow significantly, emphasizing the dynamic nature of the market and the company's experience in power generation [28] Question: How does Enerflex plan to participate in both Engineered Systems and Energy Infrastructure? - Management noted that speed and partnerships will be vital in capitalizing on opportunities in both areas, with a focus on operations and maintenance for Aftermarket Services [33] Question: What is the current state of inventory levels and supply chain for existing projects? - Management confirmed that strategic inventory investments are being made to support customer activity and manage lead times effectively [34] Question: Can you quantify how much revenue was pulled forward from Q4 into Q3? - Management suggested that the average revenue for the Engineered Systems business over the last couple of years was between $300 million and $325 million per quarter, indicating strong execution in Q3 [49]

November 2025 Enerflex Ltd. Corporate Presentation All amounts presented in US Dollars unless otherwise stated Transforming Energy for a Sustainable Future North America Latin America Eastern Hemisphere Enerflex Geographies Enerflex Key Offices Enerflex Manufacturing Facility TSX / NYSE EFX / EFXT Annual dividend CAD$0.17/sh Market Cap (1) US$1.5 B Dividend Yield (1) 1.0% Operating Years 45 Employees ~4,400 Core Countries (2) 7 BOOM Projects (3) 24 1) Based on an EFXT closing share price of $12.65 as of Nov ...

Core Insights - Enerflex reported quarterly earnings of $0.3 per share, missing the Zacks Consensus Estimate of $0.31 per share, but showing an increase from $0.09 per share a year ago, resulting in an earnings surprise of -3.23% [1] - The company posted revenues of $777 million for the quarter ended September 2025, exceeding the Zacks Consensus Estimate by 13.93% and up from $601 million year-over-year [2] - Enerflex shares have increased approximately 27.1% year-to-date, outperforming the S&P 500's gain of 15.6% [3] Earnings Outlook - The current consensus EPS estimate for the upcoming quarter is $0.28 on revenues of $570 million, and for the current fiscal year, it is $1.21 on revenues of $2.38 billion [7] - The estimate revisions trend for Enerflex was favorable prior to the earnings release, resulting in a Zacks Rank 1 (Strong Buy) for the stock, indicating expected outperformance in the near future [6] Industry Context - The Oil and Gas - Exploration and Production - Canadian industry is currently ranked in the top 32% of over 250 Zacks industries, suggesting that stocks in the top 50% outperform those in the bottom 50% by more than 2 to 1 [8]