• TSX Exchange: EFX
  • (CAD) $ 9.87
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Logos: Enerflex, Exterran

CALGARY, Alberta, October 13, 2022 -- Enerflex Ltd. (TSX: EFX) ("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 has completed all steps necessary to commence trading on the New York Stock Exchange ("NYSE") under the symbol "EFXT".

Enerflex is a premier integrated global provider of energy infrastructure and energy transition solutions. With enhanced scale and capabilities, Enerflex is optimally positioned to serve customers in key natural gas, energy transition, and water markets, which will enhance long-term shareholder value through sustainable improvements in efficiency, profitability, and cash flow generation.

"Today marks the beginning of the new Enerflex, and we couldn't be more excited to officially unite our talented teams and best-in-class capabilities to deliver leading modular energy solutions to our expanded customer base," said Marc Rossiter, Enerflex's President and Chief Executive Officer. "With our premier global platform, diversified offerings, and cash-flow-generative business model, Enerflex is ideally positioned to opportunistically harness macro trends to meet the growing global need for natural gas and energy security and be resilient through all commodity cycles. We welcome our new colleagues and look forward to building upon the impressive legacies of both companies as we efficiently, thoughtfully, and reliably serve our customers and deliver sustained growth and value for shareholders."

Read more about the acquisition in the press release here.


Special Meeting of Enerflex Shareholders


Transaction Updates

 

Investor Relations
Stefan Ali
Vice President, Investor Relations and Strategy
sali@enerflex.com

Media Relations
Jamie Plosz
Director, Marketing and Communications
jplosz@enerflex.com