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Enerflex's Strong Financial Performance
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Overview
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Enerflex Ltd. posts robust Q4 2023 financial results, boasting $126 million adjusted EBITDA and $185 million free cash flow. The company lowers net debt, repays $167 million, and prioritizes shareholder returns through operational enhancements. In 2024, Enerflex eyes growth in Energy Infrastructure and After-Market Services by leveraging a $1.5 billion backlog in Engineered Systems.
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How could the increasing demand for natural gas influence Enerflex's revenue growth and market presence?
How might Enerflex's debt reduction initiatives impact its competitive positioning in the industry?
What specific operational improvements is Enerflex implementing to drive sustainable returns for shareholders?
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