The Globe and Mail reports in its Thursday, Feb. 16, edition that RBC Dominion Securities analyst Benjamin Owens expects Enerflex to outperform the broader oil services index "on the back of accelerating demand trends for its natural gas processing and compression equipment in key end markets." The Globe's David Leeder writes in the Eye On Equities column that Mr. Owen began coverage on the Calgary-based energy company with an "outperform" rating. Mr. Owens set a price target of $22 for the stock. Analysts on average target the shares at $22.11. Mr. Owens says in a note: "Enerflex is up 40 per cent (based on price at close on Feb. 10) since it began trading in June, 2011, vs. the Canadian oil field services index (STENRE) down 38 per cent and the OIH [VanEck Vectors Oil Services ETF] down 33 per cent over the same period. Since re-emerging as a standalone public entity in 2011, Enerflex has shown a slow but steady approach to growing its dividend. While near-term free cash flow will likely be directed toward debt repayment, we see flexibility to potentially resume growing the dividend returning in 2018."