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Enerflex Announces Second Quarter 2021 Financial Results and Quarterly Dividend

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星期三, 八月 4, 2021

The movement in foreign exchange rates resulted in a decrease of $1 million on foreign currency denominated backlog during the second quarter of 2021.

Key Points: 
  • The movement in foreign exchange rates resulted in a decrease of $1 million on foreign currency denominated backlog during the second quarter of 2021.
  • Subsequent to the end of the quarter, Enerflex declared a quarterly dividend of $0.02 per share, payable on October 7, 2021, to shareholders of record on August 19, 2021.
  • As a result, Enerflex expects operator capex to increase as fundamentals improve in the second half of 2021 and 2022.
  • During the first quarter of 2021, the Company commenced operations on a BOOM project, which provided a full contribution to operating results during Q2 2021.