Loading…
Loading…
Enerflex is positioned for durable growth by expanding its gas processing and power generation infrastructure to meet rising natural gas and data center demand. EFXT secured major contracts totaling 1.75GW in gas-fired power generation, supporting a robust backlog and justifying facility investments of approximately $100 million. I assign EFXT a Buy rating with a $31.63/share price target, based on 5.28x eFY28 EV/aEBITDA and expectations of improving operating leverage by eFY27.
Enerflex Ltd. (TSE:EFX) shares jumped 13% to $27.30 on Tuesday after the energy infrastructure provider secured a contract to supply more than one gigawatt of natural gas-fired power generation equipment for a large-scale North American data centre development.
CALGARY, Alberta, Oct. 13, 2026 (GLOBE NEWSWIRE) -- Enerflex Ltd. (TSX: EFX) (NYSE: EFXT) (“Enerflex” or the “Company”) today announces the award of a major Engineered Systems (“ES”) project. The Company has been contracted to design, engineer, fabricate, and assemble over one gigawatt of low emission behind-the-meter natural gas-fired power generation units for a large-scale North American data center development. Combined with additional project awards, including approximately 450 megawatts announced on October 1, 2026, Enerflex's backlog of behind-the-meter natural gas-fired power generation now exceeds 1.75 gigawatts, with deliveries extending through 2028.
Enerflex Ltd. (NYSE: EFXT - Get Free Report) gapped up prior to trading on Thursday. The stock had previously closed at $22.79, but opened at $25.75. Enerflex shares last traded at $26.1110, with a volume of 358,276 shares trading hands. Analysts Set New Price Targets EFXT has been the topic of several recent research reports. Zacks
Shares of Enerflex Ltd. (NYSE:EFXT) are climbing Thursday afternoon after securing a major contract to deliver 450 megawatts of natural gas power generation units for a North American data center developer.
CALGARY, Alberta, Oct. 01, 2026 (GLOBE NEWSWIRE) -- Enerflex Ltd. (TSX: EFX) (NYSE: EFXT) (“Enerflex” or the “Company”) today announces the award of a major Engineered Systems (“ES”) project. The Company has been contracted to design, engineer, fabricate, and assemble approximately 450 megawatts of behind-the-meter natural gas-fired power generation units for a North American data center developer.
CALGARY, Alberta, Sept. 30, 2026 (GLOBE NEWSWIRE) -- Enerflex Ltd. (TSX: EFX) (NYSE: EFXT) (“Enerflex” or the “Company”) has completed the previously announced divestiture of the majority of its operations in the Asia Pacific ("APAC") region to INNIO Group ("INNIO"). The divested business is primarily focused on Enerflex's After-Market Services (“AMS”) product line.