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

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

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 Stock Down 3.3%

NYSE:EFXT traded down $0.68 during trading hours on Friday, reaching $20.00. The company’s stock had a trading volume of 609,013 shares, 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 company 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 one year low of $8.81 and a one year high of $29.15. The business’s 50-day moving average is $23.68 and its 200-day moving average is $22.60.

Enerflex Dividend Announcement

The firm also recently disclosed a quarterly dividend, which will be paid on Wednesday, September 2nd. Investors of record on Wednesday, August 19th will be issued a $0.0425 dividend. The ex-dividend date is Wednesday, August 19th. This represents a $0.17 dividend on an annualized basis and a yield of 0.9%. Enerflex’s dividend payout ratio is currently 19.40%.

Institutional Trading of Enerflex

Institutional investors and hedge funds have recently made changes to their positions in the stock. Smartleaf Asset Management LLC bought a new stake in shares of Enerflex during the 4th quarter worth about $31,000. Shelton Capital Management bought a new position in shares of Enerflex in the 3rd quarter valued at approximately $136,000. Schonfeld Strategic Advisors LLC acquired a new stake in Enerflex in the 3rd quarter worth approximately $138,000. Prelude Capital Management LLC bought a new position in shares of Enerflex in the third quarter valued at approximately $147,000. Finally, NewEdge Advisors LLC raised its position in shares of Enerflex by 984.3% in the first quarter. NewEdge Advisors LLC now owns 22,791 shares of the company’s stock valued at $176,000 after purchasing an additional 20,689 shares during the period. Institutional investors and hedge funds own 46.47% of the company’s stock.

Wall Street Analysts Forecast Growth

A number of analysts recently issued reports on the company. TD Securities reissued a “buy” rating on shares of Enerflex in a research report on Friday, May 8th. Raymond James Financial upped their target price on Enerflex from $45.00 to $46.00 and gave the stock an “outperform” rating in a research report on Thursday, May 28th. Canadian Imperial Bank of Commerce reaffirmed a “neutral” rating and set a $30.00 price target on shares of Enerflex in a research note on Friday, July 10th. Zacks Research lowered Enerflex from a “strong-buy” rating to a “hold” rating in a report on Monday, July 6th. Finally, 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 research note on Thursday, May 28th. Five investment analysts have rated the stock with a Buy rating and three have issued a Hold rating to the company. According to data from MarketBeat, Enerflex has an average rating of “Moderate Buy” and an average target price 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.