Enerflex Ltd (NYSE:EFXT) Q4 2022 Results Conference Call March 2, 2023 10:00 AM ET

Company Participants

Stefan Ali - Director of Strategy, Risk & IR

Marc Rossiter - President, CEO & Director

Sanjay Bishnoi - Senior VP & CFO

Conference Call Participants

Aaron MacNeil - TD Securities

Keith MacKey - RBC Capital Markets

Andrew Bradford - Raymond James

Tim Monachello - ATB Capital Markets

Jamie Kubik - CIBC

Cole Pereira - Stifel

Operator

Good morning, ladies and gentlemen, and welcome to Enerflex Fourth Quarter and Year-End 2022 Earnings Conference Call. [Operator Instructions]

As a reminder, this conference call is being recorded. I would now like to turn the call over to your host, Stefan Ali, Vice President, Strategy and Investor Relations. Please go ahead.

Stefan Ali

Thank you, operator, and good morning, everyone. Thanks for joining us on our fourth quarter and year-end 2022 earnings conference call. With me on the call today are Marc Rossiter, President and CEO; Sanjay Bishnoi, Senior Vice President and CFO; and Ben Park, Vice President, Corporate Controller.

During today's call, we'll touch on highlights from our fourth quarter and year-end results, comment on our integration efforts related to the Exterran acquisition and outline our strategic priorities for 2023. Before I turn it over to Marc, I'll remind everybody that today's discussion will include non-IFRS and other financial measures as well as forward-looking statements regarding Enerflex's expectations for future performance and business prospects. Forward-looking information involves risks and uncertainties, and the stated expectations could differ materially from actual results or performance.

For more information, refer to the advisory statements within our news release, MD&A and other regulatory filings, all available on our website and under our SEDAR and EDGAR profiles. All dollar amounts discussed today are in Canadian dollars unless otherwise stated.

I'll now turn it over to our President and CEO, Marc Rossiter.

Marc Rossiter

Thanks, Stefan, and thanks to all our listeners for joining today's call. Just over a year ago, we announced the transformational acquisition of Exterran, a transaction that would deliver on a decade-long strategy to grow our energy infrastructure platform to become more resilient, profitable and better positioned for long-term success. Enerflex is now an infrastructure first company that is strategically positioned to enable a sustainable future for energy through our vertically integrated low-carbon solutions. We're only 4 months in integration, and we are already realizing many of the strategic benefits of the Exterran acquisition. Our geographic footprint is concentrated in global gas producing regions, with approximately 1/3 of our gross margin deriving from each of North America, Latin America and Eastern Hemisphere, thereby insulating us from weakness in any single market, including a recent weakness in North American natural gas prices.