Enerflex (NYSE:EFXT) Issues Quarterly Earnings Results, Misses Estimates By $0.06 EPS

Enerflex (NYSE:EFXT) issued its quarterly earnings results on Thursday. The company reported $0.25 EPS for the quarter, missing analysts’ consensus estimates of $0.31 by ($0.06), Zacks reports. The firm had revenue of $582.00 million for the quarter, compared to analysts’ expectations of $606.78 million. Enerflex had a return on equity of 11.86% and a net margin of 2.06%.

Here are the key takeaways from Enerflex’s conference call:

• Engineered Systems bookings remained strong at CAD 488 million in Q2, with first-half bookings nearing CAD 1 billion and a record CAD 1.5 billion backlog. Management said demand spans cryogenic processing, LNG refrigeration, compression, and power generation, with further strength expected in Q3.
• U.S. Contract Compression delivered 93% fleet utilization across approximately 496,000 horsepower, supported by Permian Basin production growth. Enerflex continues to target 10%–15% customer-backed fleet expansion in 2026 and has secured long-lead components to support growth through 2029.
• Balance-sheet and cash-flow metrics improved, with free cash flow rising to CAD 32 million and net debt declining to CAD 455 million, or approximately 0.8 times bank-adjusted net debt to EBITDA. The company also extended its CAD 800 million revolving credit facility maturity to 2029.
• Q2 revenue declined to CAD 582 million from CAD 615 million a year earlier, while net earnings fell to CAD 30 million from CAD 60 million. Higher stock-based compensation, increased SG&A, project sequencing, and the absence of a prior-year unrealized gain pressured results.
• Enerflex raised the midpoint-related scope of its 2026 organic growth capital program to CAD 185 million–CAD 195 million, primarily to expand Contract Compression capacity. Management also highlighted a power-generation opportunity pipeline exceeding seven gigawatts, including ongoing engagement with hyperscalers and prime power providers, though no data-center bookings were included in Q2.

Enerflex Trading Down 3.3%

NYSE:EFXT traded down $0.68 during trading hours on Friday, reaching $20.00. 609,013 shares of the company were exchanged, compared to its average volume of 561,028. The company has a debt-to-equity ratio of 0.53, a current ratio of 1.20 and a quick ratio of 0.89. The firm has a market cap of $2.44 billion, a price-to-earnings ratio of 46.50 and a beta of 1.86. Enerflex has a 52-week low of $8.81 and a 52-week high of $29.15. The stock has a 50 day simple moving average of $23.68 and a 200 day simple moving average of $22.60.

Enerflex Announces Dividend

The business also recently declared a quarterly dividend, which will be paid on Wednesday, September 2nd. Investors of record on Wednesday, August 19th will be given a dividend of $0.0425 per share. The ex-dividend date of this dividend is Wednesday, August 19th. This represents a $0.17 annualized dividend and a yield of 0.9%. Enerflex’s dividend payout ratio is 19.40%.

Institutional Trading of Enerflex

Institutional investors and hedge funds have recently made changes to their positions in the company. Investment Management Corp of Ontario purchased a new position in shares of Enerflex in the 4th quarter valued at $231,000. Graham Capital Management L.P. acquired a new position in shares of Enerflex during the 4th quarter valued at $452,000. CANADA LIFE ASSURANCE Co boosted its position in Enerflex by 8.4% during the 4th quarter. CANADA LIFE ASSURANCE Co now owns 19,433 shares of the company’s stock worth $299,000 after purchasing an additional 1,512 shares during the period. Bank of Nova Scotia purchased a new stake in Enerflex during the 4th quarter worth $205,000. Finally, NewEdge Advisors LLC increased its holdings in Enerflex by 41.0% in the 3rd quarter. NewEdge Advisors LLC now owns 32,711 shares of the company’s stock valued at $353,000 after purchasing an additional 9,506 shares in the last quarter. 46.47% of the stock is currently owned by institutional investors and hedge funds.

Analyst Ratings Changes

A number of brokerages recently issued reports on EFXT. Wall Street Zen lowered shares of Enerflex from a “buy” rating to a “hold” rating in a research report on Saturday. Royal Bank Of Canada boosted their price target on Enerflex from $31.00 to $32.00 and gave the company an “outperform” rating in a report on Thursday, May 28th. BMO Capital Markets reissued an “outperform” rating on shares of Enerflex in a research note on Friday, May 8th. Raymond James Financial raised their price objective on Enerflex from $45.00 to $46.00 and gave the stock an “outperform” rating in a report on Thursday, May 28th. Finally, TD Securities reaffirmed a “buy” rating on shares of Enerflex in a research report on Friday, May 8th. Five equities research analysts have rated the stock with a Buy rating and three have assigned a Hold rating to the company. Based on data from MarketBeat.com, the company presently has a consensus rating of “Moderate Buy” and a consensus price target of $36.00.

Enerflex Company Profile

Enerflex Ltd is a Calgary?headquartered energy infrastructure company specializing in the design, fabrication, installation and aftermarket support of natural gas compression, processing, refrigeration and treatment equipment. Its product portfolio includes reciprocating and centrifugal compression systems, gas treating and refrigeration packages, fuel gas conditioning and liquid separation solutions. In addition to equipment sales, Enerflex delivers field services such as commissioning, maintenance, monitoring and parts supply to optimize asset performance throughout the lifecycle.

The company supports upstream, midstream and downstream energy customers through an integrated offering that spans engineering, procurement and construction (EPC) as well as modular fabrication.