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August 2015 Investor Presentation – Enerflex Ltd.

Enerflex Ltd. · Aug 31, 2015 · 32 slides

Investor presentation from the Shale Experts oil & gas presentation and slide database. Every page is imaged and its text indexed for search across operators, plays, basins and time.

Slides

  1. August 2015 Investor Presentation – Enerflex Ltd. – slide 1
    COMPANY OVERVIEW August 2015
  2. August 2015 Investor Presentation – Enerflex Ltd. – slide 2
    Market Information TSX Ticker Symbol EFX 52-Week Price Range 21.26 - 10.54 Market Capitalization 0.9 billion Shares Outstanding 79.0 million Held by Management 1% Annualized Dividend 0.34/share Annualized Dividend Yield…
  3. August 2015 Investor Presentation – Enerflex Ltd. – slide 3
    Q2 2015 Highlights Engineered Systems backlog of 532.7 as at June 30, 2015 (a 39% decrease over the same period in 2014). Revenue for the three months ended June 30, 2015 was 389.7 million (a 8% decrease over the same period in…
  4. August 2015 Investor Presentation – Enerflex Ltd. – slide 4
    Full Cycle Natural Gas Solutions Compression, Processing and Electric Power Solutions Canada Europe / CIS USA Asia MEA Latin America Australia Calgary, Alberta Calgary, Alberta Houston, Texas Perth, Australia Brisbane,…
  5. August 2015 Investor Presentation – Enerflex Ltd. – slide 5
    Standardized and Customized Equipment Compression and Process Reciprocating and rotary screw compression applications. Small to large horsepower (200 hp 10,000 hp). Conventional and unconventional plays. Production and…
  6. August 2015 Investor Presentation – Enerflex Ltd. – slide 6
    Recurring Revenue Focus Full after-market services for gas engine compressors and power generators. Full turnkey rental opportunities in growth markets. Electric power solutions (250 kW to 50 MW). Construction and product…
  7. August 2015 Investor Presentation – Enerflex Ltd. – slide 7
    Consolidated Revenues Regions 1,847.5 2,000.0 1,780.7 1,800.0 1,501.7 1,600.0 1,405.0 607.2 613.9 1,227.1 1,400.0 Canada 1,067.9 500.4 1,200.0 438.2 444.0 1,000.0 USA 425.6 776.7 800.0 761.6 603.8 590.4 600.0 422.5…
  8. August 2015 Investor Presentation – Enerflex Ltd. – slide 8
    Revenue by Geographic Segment and Product Line Geographic Distribution YTD 2015 2014 5% 26% 23% 33% 34% 41% 43% Canada USA Rest of World Product Distribution YTD 2015 2014 9% 5% 5% 37% 22% 37% 23% 68% 73%…
  9. August 2015 Investor Presentation – Enerflex Ltd. – slide 9
    Enerflex The Growth Strategy June 2014 2,000,000 Acquistion of Axip 160,000 International CAGR (Revenue) : 11.0% 1,800,000 CAGR (Operating Income) : 10.1% 140,000 2010 Merger of Enerflex Systems 1,600,000 Income Fund & TESI…
  10. August 2015 Investor Presentation – Enerflex Ltd. – slide 10
    Liquefied Natural Gas
  11. August 2015 Investor Presentation – Enerflex Ltd. – slide 11
    Global LNG Situation Global LNG has become an increasingly attractive market driven by major natural gas discoveries, robust global demand and technological developments. Global LNG Themes Numerous LNG projects are expected to enter the…
  12. August 2015 Investor Presentation – Enerflex Ltd. – slide 12
    Worldwide LNG Opportunities 2017 2020 Projected 2.8 6 BCF per day first LNG exports potential LNG exports from two to four projects by 2025 CANADA UNITED STATES 11 BCF per day expected LNG exports in AUSTRALIA 2020…
  13. August 2015 Investor Presentation – Enerflex Ltd. – slide 13
    Canada
  14. August 2015 Investor Presentation – Enerflex Ltd. – slide 14
    Canada Head office and two manufacturing facilities located in Calgary, Alberta. 18 Sales and Service locations situated in liquids-rich plays across the region. Over 125 fully equipped service vehicles. Specializes in cold…
  15. August 2015 Investor Presentation – Enerflex Ltd. – slide 15
    LNG Projects Exports of LNG to the Asian market will help support development in the Montney, Horn River, Liard and Cordova Basins. LNG has received support Proposed and Existing Natural Gas Pipelines from Canadian provincial and…
  16. August 2015 Investor Presentation – Enerflex Ltd. – slide 16
    Electric Power Opportunities Industrial Applications Island Mode Prime Power Co-Generation Combined Heat and Power Applications Energy Export Flare Gas to Energy Landfill Gas to Energy Biogas to Energy 17
  17. August 2015 Investor Presentation – Enerflex Ltd. – slide 17
    United States of America
  18. August 2015 Investor Presentation – Enerflex Ltd. – slide 18
    United States of America Regional head office and manufacturing facility in Houston, Texas. Sales and Service locations situated across the region. Strategic Advantages: Tidewater location for international shipping. Lower…
  19. August 2015 Investor Presentation – Enerflex Ltd. – slide 19
    US Growth Opportunities Enerflex location 20
  20. August 2015 Investor Presentation – Enerflex Ltd. – slide 20
    Gulf Coast LNG Overview Massive industrial projects near abundant source gas could add 183 MMtpa of liquefaction capacity by 2020. A favorable regulatory environment makes the Gulf Coast appealing for investors. Gulf Coast…
  21. August 2015 Investor Presentation – Enerflex Ltd. – slide 21
    Latin America
  22. August 2015 Investor Presentation – Enerflex Ltd. – slide 22
    Latin America Strong focus on compression and processing equipment and after-market service. Modern and technologically Mexico up-to-date equipment. Compression fleet of 405 Colombia units with approximately 248,000…
  23. August 2015 Investor Presentation – Enerflex Ltd. – slide 23
    International
  24. August 2015 Investor Presentation – Enerflex Ltd. – slide 24
    Australia GLADSTONE QCLNG APLNG Projects include: Gas-gathering GLNG GALILEE ARROW infrastructure for LNG plants on COOPER BOWEN/ Australias northwest SURAT shelf GUNNEDAH Coal-seam gas compression systems for…
  25. August 2015 Investor Presentation – Enerflex Ltd. – slide 25
    Asia Indonesia is currently suffering from gas shortages and looking for ways to increase production through unconventional production. Focus on offshore production platforms and floating production units. Bangkok Compression…
  26. August 2015 Investor Presentation – Enerflex Ltd. – slide 26
    Middle East/Africa Expected to lead the world in natural gas production over the next 20 years with an estimated 44% of the worlds proven reserves. Growth will be driven by: LNG; Power generation; Bahrain Desalination plants;…
  27. August 2015 Investor Presentation – Enerflex Ltd. – slide 27
    Financial Overview
  28. August 2015 Investor Presentation – Enerflex Ltd. – slide 28
    Focused on Profitable Growth 600,000 25.0% 20.7% 20.9% 500,000 19.3% 18.2% 18.4% 20.0% 17.7% 15.7% 19.3% 400,000 17.3% 17.8% 16.9% 15.0% 15.4% 300,000 9.5% 9.8% 8.7% 8.7% 10.0% 8.2% 7.6% 6.4% 6.8% 200,000 5.4% 7.6%…
  29. August 2015 Investor Presentation – Enerflex Ltd. – slide 29
    Regional Backlog 1,200 1,000 219 177 159 800 333 304 292 136 281 300 323 600 207 248 308 326 354 143 198 228 203 153 270 159 244 400 330 458 412 210 233 297 410 255 325 367 297 363 459 273 200 423…
  30. August 2015 Investor Presentation – Enerflex Ltd. – slide 30
    Financial Strength 2011 2012 2013 2014 2015 TTM EBIT 84,841 117,341 87,341 125,734 160,380 Depreciation & Amortization 42,171 39,487 39,595 56,799 72,090 Cash Taxes Paid (27,134) (16,951) (27,106) (34,667) (38,605) Cash Interest…
  31. August 2015 Investor Presentation – Enerflex Ltd. – slide 31
    Investment Thesis Proven track record of creating shareholder value through Growth and Dividend Income. Operating income has grown at a CAGR of 10.1% over the past 11 years. Increased dividend by 42% over the past three years.…
  32. August 2015 Investor Presentation – Enerflex Ltd. – slide 32
    WELL POSITIONED AS A NATURAL GAS COMPRESSION AND PROCESSING SOLUTIONS PROVIDER

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