$EFX.TO

CIBC Maintains Enerflex's Neutral Rating, US$28 Price Target

CIBC Capital Markets on Thursday reiterated its neutral rating on the shares of Enerflex (EFX.TO, EFXT) and its US$28.00 price target.Enerflex's outlined its strategic priorities and financial objectives for 2026 to 2030 during the company's 2026 virtual investor day.The company is targeting a 200 basis point increase to its EBITDA margin, and expects to deliver outsized growth compared to an expected industry compound annual growth rate of 6%.The projected growth rate excludes potential opportunities from power generation related to data center, which remains an intriguing option value to the outlook, CIBC said."We believe the day served to provide a more focused framework on the outlook for optimizing the business moving forward, however we do not expect meaningful changes to consensus expectations," CIBC said.Price: $34.15, Change: $-0.16, Percent Change: -0.47%

RBC Lifts Enerflex's Price Target to US$32 from US$31

RBC Capital Markets on Thursday raised Enerflex's (EFX.TO) price target to US$32 from $31 with an outperform rating.RBC raised its 2027 EBITDA estimates for Enerflex by 4% following the company's virtual investor update, which provided clear insight into its plans to drive growth, expand margins, and create shareholder value over the next five years.Enerflex's strategy is anchored in driving productivity, focusing capital on the highest-value growth opportunities, and allocating capital with discipline to create shareholder returns.Enerflex is part of RBC's Global Energy Best Ideas list and Canadian Small Cap Conviction list.The company traded at $25.18 per share at last look on the New York Stock Exchange.Price: $34.99, Change: $-0.05, Percent Change: -0.14%

CIBC Boosts Enerflex's Price Target to US$28 from US$25.50

CIBC Capital Markets on Thursday increased Enerflex's (EFX.TO) price target to US$28 from $25.50 with a neutral rating.Enerflex's first-quarter results were solid, with EBITDA surpassing expectations on limited capital expenditures, CIBC said.The company's upcoming investor update will be a near-term catalyst for the shares, with further insight into future opportunities and how management will deploy capital across its business segments moving forward, CIBC said."The outlook surrounding power generation opportunities remains optimistic for Enerflex, with five gigawatts of potential projects representing a tenfold increase since Q3/25 commentary at 500 megawatts," CIBC said."While we do believe additional contract awards are required in order to keep momentum in the shares, the growth potential on this side remains intriguing," CIBC added.Enerflex traded at $28.45 per share at last look Friday on New York Stock Exchange.Price: $38.91, Change: $+0.17, Percent Change: +0.44%

RBC Lifts Enerflex's Price Target to US$31 from US$26

RBC Capital Markets on Friday raised Enerflex's (EFX.TO) price target to US$31 from $26 with an outperform rating.Enerflex's adjusted EBITDA of $137 million increased 21% year over year in the first quarter, 7% above the Street forecast.The company's free cash flow of $16 million was below RBC's forecast of $53 million estimate on increased working capital.Oman and Bahrain accounted for 8% of Enerflex's revenue in the first quarter, and operations continue without interruption to-date."We remain bullish on EFX shares given exposure to positive macro trends, expanding ROCE/financial metrics, and self-help potential," RBC said.Enerflex traded at $28.45 per share at last look Friday on New York Stock Exchange.Price: $39.12, Change: $+0.38, Percent Change: +0.98%

National Bank Adds Growth Opportunities "Should Continue To Contribute Outsized Value As They Are Manifested" at Enerflex

National Bank Adds Growth Opportunities "Should Continue To Contribute Outsized Value As They Are Manifested" at Enerflex

National Bank Says Enerflex Upgrade Acknowledges "Expanding and Accelerating Runway For New High-impact Growth Opportunities"

National Bank Says Enerflex Upgrade Acknowledges "Expanding and Accelerating Runway For New High-impact Growth Opportunities"

Enerflex Upgraded To Outperform From Sector Perform, Target Raised To C$42.50 From $31.50 at National Bank

Enerflex Upgraded To Outperform From Sector Perform, Target Raised To C$42.50 From $31.50 at National Bank

Enerflex's Q1 Net Earnings Climb YoY

Enerflex (EFX.TO)'s first-quarter net earnings increased year over year due to higher gross margin and lower net finance costs, the company said Thursday.Net earnings were US$43 million, or $0.35 per share, up from $24 million, or $0.19 per share. The result beat the earnings per share consensus estimate of $0.27 as compiled by FactSet.Revenue was $584 million, up from $552 million. The result missed the sales consensus estimate of $607.3 million as compiled by FactSetThe increase in revenue reflects strong execution and a high level of operational activity in the Engineered Systems product line, the company said.Adjusted EBITDA was $137 million, rising from $113 million.Enerflex is closely monitoring the conflict in the Middle East. Its operations in the region have operated uninterrupted.Enerflex's operations, mainly in Bahrain and Oman, comprise 17 distinct natural gas and produced water projects and an installed compression and power generation fleet of about 350,000 horsepower.

Earnings Flash (EFX.TO) Enerflex Reports Q1 Revenue US$584.0M; Net Earnings of $43M or $0.35 Per Share

CIBC Raises Enerflex's Price Target to US$25.50 from US$16.75

CIBC Capital Markets on Wednesday reiterated its neutral rating on the shares Enerflex (EFX.TO, EXFT) while raising its price target to US$25.50 from US$16.75 ahead of the company's first-quarter results.CIBC said it raised the price target towards the high-end of Enerflex's historical trading range of 7.0x 2026E EV/EBITDA, which is further supported by its sum-of-the-parts analysis of the earnings generation for the company.According to CIBC, the company's earnings stability along with the potential for growing power generation revenue, should see the shares trade at an expanded multiple versus prior."We believe the prospect of increasing revenues associated with power generation projects will drive an improved valuation metric for Enerflex moving forward," CIBC said. "Increasing demand for natural gas amidst the North American LNG export buildout, and expansion of data centers, remains supportive for the company's service offerings."Amid its optimistic outlook for Enerflex, CIBC noted that the company continues to generate a meaningful amount of EBITDA from jurisdictions that carry higher levels of geopolitical risk.Price: $32.42, Change: $+0.40, Percent Change: +1.25%

RBC Picks Enerflex, CES as Preferred Oil, Gas Services Equities Ahead of Q1 Earnings Season

RBC Capital Markets said Tuesday that Enerflex (EFX.TO) and CES Energy Solutions (CEU.TO) are part of its list of preferred oil and gas services companies ahead of the first-quarter earnings reporting season.RBC said Enerflex remains part of its Global Energy Best Ideas list, adding that its estimates are above the street forecast amid solid market fundamentals.Meanwhile, RBC downgraded Trican Well Service (TCW.TO)'s rating to sector perform from outperform with a C$7.50 price target.RBC said its covered oil an gas services stocks have increased 36% this year, with US-focused firms generally outperforming those with Middle East exposure.Key themes though the course of the reporting season will be disruption caused by the Iran War and the ultimate rebuild and production re-ramp effort.In the US, public exploration and production companies continue to hold the line on spending, but incremental equipment supply tightness could drive pricing higher through the year, RBC said.Price: $30.96, Change: $+0.32, Percent Change: +1.04%