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Bullboard - Stock Discussion Forum 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... see more

TSX:EFX - Post Discussion

Enerflex Ltd > Enerflex senior VP, CFO Gray resigns
View:
Post by kijiji on Oct 02, 2023 9:44am

Enerflex senior VP, CFO Gray resigns

 
 
ENERFLEX LTD. ANNOUNCES CHIEF FINANCIAL OFFICER TRANSITION
 
Rodney D. Gray has resigned from his role as senior vice-president and chief financial officer of Enerflex Ltd. to pursue other opportunities. Enerflex has initiated a search process to identify the Company's next CFO and has retained an executive search firm to assist with the process.
 
"We thank Rod for his meaningful contributions to Enerflex and wish him success in his future endeavours," said Marc Rossiter, Enerflex's President and Chief Executive Officer.
 
Mr. Rossiter added, "The Board of Directors and management team remain committed to shaping our business for long-term success. To that end, we are actively working to improve Enerflex's overall capacity for free cash flow generation to reduce debt by capturing synergies from the Exterran acquisition, minimizing foreign currency impacts, and enhancing operational efficiencies. We are now focused on finding a CFO to take our organization to the next level."
 
The Company will provide details regarding its financial results and progress on its strategic priorities in connection with its third-quarter 2023 earnings announcement in November.
 
About Enerflex Ltd.
 
Transforming Energy for a Sustainable Future. Enerflex is a premier integrated global provider of energy infrastructure and energy transition solutions, delivering natural gas processing, compression, power generation, refrigeration, cryogenic, and produced water solutions.
 
Headquartered in Calgary, Alberta, Canada, Enerflex, its subsidiaries, and interests in associates and joint ventures, operate in over 90 locations in: Canada, the United States, Argentina, Bolivia, Brazil, Colombia, Ecuador, Mexico, Peru, the United Kingdom, the Netherlands, the United Arab Emirates, Bahrain, Oman, Egypt, Kuwait, India, Iraq, Nigeria, Pakistan, Saudi Arabia, Australia, China, Indonesia, Malaysia, Singapore, and Thailand.
Comment by BB123456 on Oct 02, 2023 10:25am
Stock reaction being down over 20% from an already low level in a strong energy market seems excessive.
Comment by BloodyFingers on Oct 02, 2023 10:42am
o0o0o ... why is catching falling knives so much fun?!
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