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Enerflex reports Q1 EPS 35c vs. 19c last year

Reports Q1 revenue $584M vs. $552M last year. CEO Paul Mahoney stated: “Enerflex (EFXT) delivered solid operational performance in Q1 of 2026, reflecting continued disciplined execution across our global footprint as well as ongoing efforts to optimize and streamline our business…We continue to see steady demand in our core markets, underpinned by increasing natural gas and liquids production volumes. We are also advancing strategic opportunities in emerging power generation markets, including data center-related projects and other distributed power applications, with our current scope of opportunities now exceeding 5 GW. In the Middle East, our focus remains on ensuring the safety of our people and reliability of the company’s operations. Enerflex owned infrastructure is integral to the reliable operation of regional energy systems and we continue to work closely with our client partners to navigate a dynamic situation.” CFO Preet Dhindsa added: “Enerflex generated solid financial results in Q1, which included improvement in both gross margin and cash conversion. We are on track with our 2026 capital plan and continue to allocate capital in a balanced manner across growth investments, shareholder returns and managing our financial position.”

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