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Press Releases

November 16, 2022

Enerflex Ltd. Amends Record Date for Dividend Payable on January 12, 2023

CALGARY, Alberta, Nov. 16, 2022 (GLOBE NEWSWIRE) -- In observance of U.S. federal holidays, Enerflex Ltd. (TSX: EFX) (NYSE: EFXT) ("Enerflex") has amended the record date for its dividend payable on January 12, 2023 (the "Payment Date"), from November 24, 2022 to November 29, 2022. The ex-dividend date has also been amended, from November 23, 2022 to November 28, 2022. The dividend amount of $0.025 per share and the Payment Date are unchanged.

November 09, 2022

Enerflex Ltd. Reports Strong Third-quarter 2022 Results, Underscored by Successful Acquisition of Exterran Corporation and $100 Million of Energy Transition Bookings

CALGARY, Alberta, Nov. 09, 2022 (GLOBE NEWSWIRE) -- Enerflex Ltd. (TSX: EFX) (NYSE: EFXT) ("Enerflex" or the "Company"), a premier integrated global provider of energy infrastructure and energy transition solutions, today reported its financial and operational results for the three and nine months ended September 30, 2022.

October 13, 2022

Enerflex Ltd. Completes Acquisition of Exterran Corporation, Establishing a Premier Integrated Global Provider of Energy Infrastructure and Energy Transition Solutions

CALGARY, Alberta, Oct. 13, 2022 (GLOBE NEWSWIRE) -- Enerflex Ltd. (TSX: EFX) (NYSE: EFXT) ("Enerflex" or the "Company"), a leading supplier of vertically integrated products and services to the global energy industry, is pleased to announce today that it has completed its acquisition of Exterran Corporation ("Exterran"), a leader in natural gas processing and treatment and compression products and services (the "Transaction"). Enerflex's common shares will continue to trade on the Toronto Stock Exchange ("TSX") under the symbol "EFX", and the Company will commence trading on the New York Stock Exchange ("NYSE") under the symbol "EFXT" on October 13, 2022.

October 11, 2022

Enerflex Ltd. and Exterran Corporation Announce Shareholder Approval to Create a Premier Integrated Global Provider of Energy Infrastructure and Energy Transition Solutions

CALGARY, Alberta and HOUSTON, Oct. 11, 2022 (GLOBE NEWSWIRE) -- Enerflex Ltd. (TSX: EFX) ("Enerflex") and Exterran Corporation (NYSE: EXTN) ("Exterran"), are pleased to announce that they have received all necessary shareholder and stockholder approvals in connection with the pending acquisition of Exterran by Enerflex, to create a premier integrated global provider of energy infrastructure and energy transition solutions (the "Transaction"). The Transaction is expected to be completed on or about October 13, 2022, and is subject to the satisfaction of all closing conditions.

October 06, 2022

Enerflex Ltd. Announces Successful Placement of Committed Financing for Pending Acquisition of Exterran Corporation

CALGARY, Alberta, Oct. 06, 2022 (GLOBE NEWSWIRE) -- Enerflex Ltd. ("Enerflex" or the "Company") (TSX: EFX), a leading supplier of vertically integrated products and services to the global energy industry, continues to advance towards its pending acquisition of Exterran Corporation ("Exterran") (NYSE: EXTN) (the "Transaction") by securing its committed financing. The Transaction is on track to close early in the fourth quarter of 2022.

August 23, 2022

Enerflex Ltd. to Hold Special Shareholder Meeting on Proposed Acquisition of Exterran Corporation

CALGARY, Alberta, Aug. 23, 2022 (GLOBE NEWSWIRE) -- Enerflex Ltd. ("Enerflex" or the "Company") (EFX–TSX) is pleased to announce that it has set the date for the special shareholder meeting to consider and vote on the resolution in connection with the proposed acquisition (the "Transaction") of Exterran Corporation ("Exterran"), to create a premier integrated global provider of energy infrastructure. The special meeting will be held on October 11, 2022 for Enerflex shareholders of record at the close of business on September 9, 2022.

July 15, 2022

Enerflex to Report Its Second Quarter 2022 Results on August 10, 2022

CALGARY, Alberta, July 15, 2022 (GLOBE NEWSWIRE) -- Enerflex Ltd. (TSX:EFX) ("Enerflex" or the "Company"), a leading supplier of vertically integrated products and services to the global energy industry, will release its financial results and operating highlights for the second quarter of 2022 after the market closes on Wednesday, August 10, 2022. The results will be communicated by news release and will be available on the Company's website at www.enerflex.com and under the Company’s SEDAR profile at www.sedar.com.

May 03, 2022

Enerflex Announces Election of Board of Directors

CALGARY, Alberta, May 03, 2022 (GLOBE NEWSWIRE) -- Enerflex Ltd. (TSX:EFX) ("Enerflex" or the "Company"), is pleased to announce that all of the nominees listed in its Management Information Circular dated March 4, 2022 were elected as directors of Enerflex until the close of the next annual meeting of shareholders. In light of the voting results, the details of which are set out below, Enerflex is further pleased to announce that Mr. Kevin Reinhart is the new Chair of the Board of Directors and Ms. Maureen Cormier Jackson, Mr. Michael Weill, and Mr. Stanley Marshall are the Chairs of the Audit Committee, Nominating and Corporate Governance Committee and Human Resources and Compensation Committee, respectively.

April 05, 2022

Enerflex to Announce First Quarter 2022 Results on May 4, 2022

CALGARY, Alberta, April 05, 2022 (GLOBE NEWSWIRE) -- Enerflex Ltd. (TSX:EFX) (“Enerflex” or the “Company”), a leading supplier of products and services to the global energy industry, will release its first quarter 2022 financial results after the market closes on May 4, 2022. These results will be available on the Enerflex website at www.enerflex.com.

March 21, 2022

Enerflex Announces Public Credit Rating and Provides Update on Acquisition of Exterran

CALGARY, Alberta, March 21, 2022 (GLOBE NEWSWIRE) -- Enerflex Ltd. (TSX:EFX) (“Enerflex” or the “Company” or “we” or “our”), a leading supplier of products and services to the global energy industry, announced today that S&P Global Ratings (“S&P”) and Fitch Ratings Ltd. (“Fitch”) have each provided an initial credit rating for the pro forma combination of Enerflex and Exterran Corporation (“Exterran”). S&P’s initial corporate credit rating is BB- with a stable outlook and Fitch’s initial long-term issuer rating is BB- with a stable outlook. The ratings will be used to support our previously announced high yield debt offering that we intend to pursue.

January 24, 2022

Enerflex Ltd. and Exterran Corporation to Combine, Creating a Premier Integrated Global Provider of Energy Infrastructure

CALGARY, Alberta and HOUSTON, Texas, Jan. 24, 2022 (GLOBE NEWSWIRE) -- Enerflex Ltd. (“Enerflex” or the “Company”) (TSX: EFX) and Exterran Corporation (“Exterran”) (NYSE:EXTN) today announced a business combination (the “Transaction”) to create a premier integrated global provider of energy infrastructure. The company will operate as Enerflex Ltd. and will remain headquartered in Calgary, Alberta, Canada. Through greater scale and efficiencies, the transaction will strengthen Enerflex’s ability to serve customers in key natural gas, water, and energy transition markets, while enhancing shareholder value through sustainable improvements in profitability and cash flow generation.