Enerflex: Global Gas Demand Delivering Growth
Enerflex is experiencing growth due to increased global gas demand and disruptions in LNG supply. The company's backlog has reached $1.265 billion, driven by strong bookings in energy systems. However, capacity constraints may limit its full growth potential.
- ▪Enerflex's backlog hit $1.265 billion in Q1 2026.
- ▪The company anticipates significant growth from LNG infrastructure and electric power.
- ▪Management plans to invest $175 to $195 million in capital spending for FY26.
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