Enerflex Snapshot
Compressing gas is but a flex of the muscle for Enerflex. Formerly Enerflex Systems Income Fund, the company provides natural gas compression, power generation, and process equipment for sale, rental, or lease to the oil and gas production market. Its products and services cover 70 countries and target the process between the wellhead and pipeline. It also offers hydrocarbon production and processing facilities, electrical, instrumentation and controls services, and a slate of mechanical field maintenance and contracting capabilities. Enerflex holds a 50% stake in the Presson Descon International joint venture. In early 2010 Toromont bought Enerflex for C$670 million ($637 million) and spun it off in mid-2011.