03:43:17 EDT Sat 20 Apr 2024
Enter Symbol
or Name
USA
CA



Enerflex Ltd
Symbol EFX
Shares Issued 88,296,818
Close 2017-04-18 C$ 20.22
Market Cap C$ 1,785,361,660
Recent Sedar Documents

Globe says CIBC's Morrison bullish on Enerflex, others

2017-04-19 07:55 ET - In the News

Also In the News (C-BDI) Black Diamond Group Ltd
Also In the News (C-PD) Precision Drilling Corp
Also In the News (C-PSI) Pason Systems Inc
Also In the News (C-SES) Secure Energy Services Inc
Also In the News (C-TDG) Trinidad Drilling Ltd (2)
Also In the News (C-WRG) Western Energy Services Corp (3)

The Globe and Mail reports in its Wednesday edition that CIBC World Markets analyst Jon Morrison says: "Overall, we remain constructive on the oil field services sector as the majority of data points that we track have been in line to slightly more positive than we were projecting a few months ago. And while a large portion of this has been reflected in stock prices and select oil field services equities may be a little ahead of themselves given where we are in the cycle, we believe we are still in the early days of the cyclical recovery and it's a little early to be taking profits and exiting the stage left at this point." The Globe's David Leeder writes in the Eye On Equities column that Mr. Morrison says, "Our current top picks, which focus on a combination of defensiveness, strong management, leverage to unconventional development and current valuations are Precision [Drilling], Enerflex and Western [Energy Services]; each of which has slightly different rationale, risk weightings and expected upside potential." He rates Secure Energy Services and Trinidad Drilling "outperformer." He rates Pason Systems and Black Diamond Group "'outperformer' on the basis of relative returns across our coverage universe."

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