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Company Overview – Enerflex Ltd.

Enerflex Ltd. · Nov 25, 2014 · 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. Company Overview – Enerflex Ltd. – slide 1
    ENERFLEX LTD. COMPANY OVERVIEW
  2. Company Overview – Enerflex Ltd. – slide 2
    Market Information TSX Ticker Symbol EFX 52-Week Price Range 21.50 - 13.35 Market Capitalization 1.3 Billion Shares Outstanding 78.6 million Held by Management 1% Annualized Dividend 0.34/share Annualized Dividend Yield…
  3. Company Overview – Enerflex Ltd. – slide 3
    Q3 2014 Highlights Engineered Systems backlog of 866.4 million as at September 30, 2014 (a 33% increase over the same period in 2013) Revenue for the three months ended September 30, 2014 was 479 million (a 23% increase over the…
  4. Company Overview – Enerflex Ltd. – slide 4
    World Leading Pure-Play Supplier of Natural Gas Production and Processing Equipment Revenue * 1.6 Billion Market Cap 1.3 Billion Shares 78.5 Million Outstanding 52 Week High 21.50 52 Week Low 13.35 Employees 3,400 Sales & Service…
  5. Company Overview – Enerflex Ltd. – slide 5
    Specialty Customized Equipment Compression and Process Reciprocating and rotary screw compression Small to large horsepower (200 hp 10,000 hp) Conventional and unconventional plays Production and Processing Systems for gas plants (dew…
  6. Company Overview – Enerflex Ltd. – slide 6
    Enerflex The Single Source 7
  7. Company Overview – Enerflex Ltd. – slide 7
    Consolidated Revenues Regions 1,501.7 1,600.0 1,405.0 1,257.5 1,400.0 1,227.1 1,067.9 592.1 1,200.0 524.9 Canada & 495.1 Northern US 1,000.0 524.2 453.8 800.0 Southern US & Latin 512.1 503.7 America 600.0 342.3 524.6…
  8. Company Overview – Enerflex Ltd. – slide 8
    Revenue by Geographic Segment & Product Line 2014 YTD 2013 19% 27% 36% 42% 39% 37% 19% 34% Canada and Northern United Southern United States and Latin International States America 2014 YTD 2013 76% 5% 4% 22% 23% 73%…
  9. Company Overview – Enerflex Ltd. – slide 9
    Enerflex The Growth Story June 2014 Acquistion of 1,800,000 Axip 140,000 2010 Merger of 1,600,000 CAGR (Revenue) : 11.2% Enerflex Systems CAGR (Operating Income) : 6.4% Income Fund & TESI 120,000 1,400,000 100,000 1,200,000…
  10. Company Overview – Enerflex Ltd. – slide 10
    GLOBAL LIQUEFIED NATURAL GAS
  11. Company Overview – 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…
  12. Company Overview – Enerflex Ltd. – slide 12
    Worldwide LNG Opportunities 2017 2020 Projected 2.8 6 BCF per day potential LNG exports from first LNG exports two to four projects by 2025 CANADA UNITED STATES 11 BCF per day expected LNG exports in AUSTRALIA 2020…
  13. Company Overview – Enerflex Ltd. – slide 13
    DIVSIONAL OVERVIEW CANADA AND NORTHERN UINITED STATES
  14. Company Overview – Enerflex Ltd. – slide 14
    Canada and Northern United States Markets we Serve Manufacturing Facilities 3 Retrofitting Facilities 2 Service Locations 28 Service Vehicles 220 Specialize in Cold Weather Compression & Processing Applications 15
  15. Company Overview – 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. Company Overview – Enerflex Ltd. – slide 16
    Gas Drive Global LP Distributor of GEs Gas Engines Divisions Parts and Engines. Established Gas Drive Global LP to be the authorized Waukesha distributor in Canada and 20 U.S. states, as well as the Jenbacher distributor in…
  17. Company Overview – Enerflex Ltd. – slide 17
    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 18
  18. Company Overview – Enerflex Ltd. – slide 18
    DIVSIONAL OVERVIEW SOUTHERN UNITED STATES AND LATIN AMERICA
  19. Company Overview – Enerflex Ltd. – slide 19
    Southern United States and Latin America Markets we Serve Southern U.S. and Latin America Houston main location (Packaging and Service). 4 remote sales offices. 5 remote service offices. Strategic Advantage Tidewater location…
  20. Company Overview – Enerflex Ltd. – slide 20
    US Growth Opportunities 21
  21. Company Overview – Enerflex Ltd. – slide 21
    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…
  22. Company Overview – Enerflex Ltd. – slide 22
    Latin America Strong focus on compression and Mexico processing equipment and after-market service. Modern and technologically up-to- Colombia date equipment. Compression fleet of 405 units with approximately Brazil Peru…
  23. Company Overview – Enerflex Ltd. – slide 23
    DIVSIONAL OVERVIEW INTERNATIONAL
  24. Company Overview – Enerflex Ltd. – slide 24
    AustralAsia GLADSTONE QCLNG APLNG GLNG GALILEE ARROW Projects include: Gas-gathering COOPER BOWEN/ infrastructure SURAT for LNG plants on Australias northwest GUNNEDAH shelf. Coal-seam gas compression ICHTHYS systems…
  25. Company Overview – Enerflex Ltd. – slide 25
    SE Asia Indonesia is currently suffering from gas shortages and looking for ways to increase production through Seoul unconventional production. Focus on offshore production platforms and Bangkok floating production units.…
  26. Company Overview – Enerflex Ltd. – slide 26
    Middle East North 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; Electric power; Bahrain Desalination…
  27. Company Overview – Enerflex Ltd. – slide 27
    FINANCIAL OVERVIEW
  28. Company Overview – Enerflex Ltd. – slide 28
    Focused on Profitable Growth 500,000 25.0% 450,000 20.7% 19.3% 400,000 18.2% 18.4% 20.0% 350,000 15.7% 19.3% 17.3% 300,000 16.9% 15.0% 15.4% 250,000 9.5% 200,000 8.7% 8.7% 10.0% 8.2% 6.4% 6.8% 150,000 5.4% 4.7% 100,000…
  29. Company Overview – Enerflex Ltd. – slide 29
    Regional Backlog 1,200 1,000 242 207 182 800 309 296 303 154 307 324 600 270 285 331 159 217 227 297 220 164 252 400 228 307 190 211 278 435 243 359 280 362 472 459 200 423 409 370 297 255 241 223 196 203 152…
  30. Company Overview – Enerflex Ltd. – slide 30
    Financial Strength 2010 2011 2012 2013 2014 TTM EBIT 60,118 84,841 117,341 87,341 102,505 Depreciation & Amortization 39,113 42,171 39,487 39,595 49,289 Cash Taxes Paid (10,989) (27,134) (16,951) (27,106) (32,633) Cash Interest…
  31. Company Overview – Enerflex Ltd. – slide 31
    Investment Thesis Proven track record of creating shareholder value through Growth and Dividend Income. Revenue has grown at a CAGR of 11.2% over the past 10 years. Increased dividend by 41.7% over the past three years. Strong Free…
  32. Company Overview – Enerflex Ltd. – slide 32
    Well Positioned as a Pure Play Supplier of Natural Gas and Processing Equipment

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