Enerflex Ltd. Reports Strong Q4 2024 Financial Results and Operational Growth

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Enerflex Ltd. Reports Strong Q4 2024 Financial Results and Operational Growth

Enerflex ( (TSE:EFX) ) has shared an update.

Enerflex Ltd. reported its financial results for Q4 2024, showcasing an adjusted EBITDA of $121 million and free cash flow of $76 million. The company reduced its net debt-to-EBITDA ratio to 1.5x and maintained strong operational visibility with a contract backlog of $1.5 billion in energy infrastructure and $1.3 billion in after-market services. Enerflex’s North American contract compression business performed well, driven by increased natural gas production, and the company plans to expand its fleet size by the end of 2025.

More about Enerflex

Enerflex Ltd. operates in the energy sector, providing products and services related to energy infrastructure and after-market services. The company focuses on gas compression solutions and has a significant presence in North America, particularly in the Permian basin.

YTD Price Performance: -20.75%

Average Trading Volume: 554,351

Technical Sentiment Consensus Rating: Sell

Current Market Cap: C$1.44B

Find detailed analytics on EFX stock on TipRanks’ Stock Analysis page.

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