ENERFLEX OVERVIEW Transforming Natural Gas to Meet The Worlds Energy Needs PROVEN TRACK RECORD OF VALUE CREATION Complementary product lines and regions driving balanced revenue growth Growing Asset Ownership to increase and…
GLOBAL PRIMARY ENERGY CONSUMPTION Projected Global Energy Consumption (Tcf/yr) 900.0 800.0 Macro shift to cleaner fuel 700.0 sources is underway. 600.0 500.0 400.0 300.0 Global natural gas 200.0 consumption is…
COMPLEMENTARY PRODUCT LINES AND REGIONS
GLOBAL NATURAL GAS PRODUCTION 0 28,000 bcf bcf 2017 Global Production = 128,000 bcf/year Source: US Energy Information Administration, International Energy Outlook 2017. 6
GLOBAL PLATFORM DELIVERING NATURAL GAS SOLUTIONS Business Overview Revenue 2,008 MM Canada Employees 2,600 Eng. Systems 326 MM Operating Locations 53 Service 83 MM Manufacturing Facilities 3 Rental 13 MM Countries 16 Total Revenue…
FOCUSED REGIONAL PRESENCE
UNITED STATES USA Eng. Systems 963 MM Service Rental 162 MM 64 MM Growing demand for Total Revenue 1,189 MM natural gas Fleet: 260,000 HP infrastructure driven by associated gas from US Shale Plays Enerflex is…
LATIN AMERICA Rest of World Eng. Systems 130 MM Service 148 MM Natural gas production in the Rental 119 MM Total Revenue 397 MM regionTBD is expected to grow by Fleet: 350,000 HP approximately 80% by 2040 Continued limited…
MIDDLE EAST / AFRICA The Middle East accounts for TBD more than 30% of the worlds proven gas reserves* Approximately 100,000 Rest of World Eng. Systems 130 MM horsepower of owned and Service Rental 148 MM 119 MM installed…
CANADA Growing demand for natural gas infrastructure in Canada liquids-rich basins Eng. Systems 326 MM Service 83 MM Rental 13 MM Total Revenue 422 MM Petrochemical projects Fleet: 70,000 HP will increase domestic consumption…
DIVERSIFIED CAPABILITIES AND REVENUES
SOLUTIONS FROM THE WELLHEAD TO PIPELINE 14
EXECUTING ON A POWERFUL STRATEGY Engineered Systems Customized offerings for: - Gas Compression - Gas Processing Plants - Cryogenic Plants - Electric Power Generation Rental compression and Integrated Turnkey processing of any…
REVENUE GROWTH THROUGH COMPLEMENTARY OFFERINGS C in millions 2,008.4 TTM Q2 2019 2018 10% 10% 1,696.2 1,703.3 422.3 19% 20% 1,629.0 1,553.4 71% 70% 1,501.7 299.9 1,405.0 529.4 494.2 396.7 1,227.1 418.6 500.4 438.2 1,130.6…
GROWTH IN RECURRING REVENUE Recurring Revenue C in millions 589.7 600 537.2 521.1 486.4 500 471.5 461.7 Recurring revenue 400 375.0 growth through 321.0 323.5 organic investment 300 and strategic M&A. 200 100 0 2011…
DIVERSIFICATION REDUCES COMMODITY PRICE IMPACT Low Sensitivity to North American Gas Prices C/ C in millions GJ 300.0 10.00 280.2 9.00 250.0 8.00 225.2 7.00 Complementary regions 200.0 193.7 214.1 6.00 and product lines…
GROWING ASSET OWNERSHIP TO INCREASE AND STABILIZE MARGINS
DISCIPLINED INVESTMENT IN ASSETS CAPEX, M&A and ROCE Organic Leads To M&A Leads To Organic Leads To M&A Over C1.1 billion Investment Investment Opportunities reinvested in organic Opportunities C in millions growth and…
POSITIVE FREE CASH FLOW AND BALANCE SHEET STRENGTH Free Cash Flow* Net Debt to EBITDA C in millions 140.0 123.0 117.1 120.0 101.4 2.38 100.0 87.9 81.8 1.79 80.0 72.4 55.4 1.19 1.09 60.0 47.8 40.0 0.52 0.50 0.30 20.0 -…
STABLE MARGIN GROWTH EBITDA and EBITDA Margin C in millions 350.0 16.8% 300.0 13.8% 13.2% 14.4% Approximately 150 250.0 11.4% 10.9% 280.2 million increase in 10.4% 10.4% 225.2 EBITDA since 2011 coupled with 200.0 9.0%…
WHATS NEXT FOR ENERFLEX Current geographic platform provides the foundation for incremental growth in each operating region. Focus remains on profitably growing each of the Engineered Systems, After-Market Services, and Asset…
CAPITAL ALLOCATION PRIORITIES Organic growth of Asset Ownership platform in all Regions. Opportunistic Inorganic growth right assets, right places, right long-term returns. Dividend Growth Dividend has grown or been maintained each…
EXECUTING ON A POWERFUL STRATEGY Proven track record of creating shareholder value through Growth and Dividend Income Strong balance sheet and free cash flow allows Enerflex to pursue strategic growth opportunities to further expand…
APPENDIX RECONCILIATIONS
FREE CASH FLOW TTM Q2 Dec-11 Dec-12 Dec-13 Dec-14 Dec-15 Dec-16 Dec-17 Dec-18 2019 Cash provided by operating activities 134,795 134,208 69,024 64,611 104,173 91,792 179,251 242,868 244,004 Net change in non-cash working capital and…
Loading...
