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Enerflex Ltd T.EFX

Alternate Symbol(s):  EFXT

Enerflex Ltd. is a Canada-based integrated global provider of energy infrastructure and energy transition solutions, delivering natural gas processing, compression, power generation, refrigeration, cryogenic, and produced water solutions. The Company's North America segment is engaged in manufacturing natural gas infrastructure under contract, refrigeration, processing, and electric power equipment, including custom and standard compression packages and modular natural gas processing equipment, refrigeration systems and produced water treatment services. Its Latin America segment operates its energy infrastructure assets under take-or-pay contracts, providing after-market services. The Company's Eastern Hemisphere segment operates its energy infrastructure assets under take-or-pay contracts, manufacturing, after-market services, including parts and components, as well as operations, maintenance, and overhaul services, and rentals of compression and processing equipment.


TSX:EFX - Post by User

Comment by Possibleidiot01on Aug 16, 2023 9:58pm
223 Views
Post# 35592167

RE:Has the bleeding stopped...?

RE:Has the bleeding stopped...?If you want an explanation of why what looked like good results caused a slump.

1) from the comments I've seen deleveraging the balance sheet is going to take longer than they thought at the time of the Exterran merger.

2) Lots of new investors , many American who might be impatient with this new company.

3) Geopolitical - Enerflex is multinational and economic news about China etc. does affect capital spending

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