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Enerflex Q2 net earnings almost double YOY

Enerflex Ltd. on Aug. 8 reported second-quarter net earnings of C$40.6 million, or 45 Canadian cents per share, up from the C$20.4 million, or 23 Canadian cents per share, posted for the second quarter of 2018.

Second-quarter revenue came in at C$541.9 million, increasing from the C$404.8 million seen a year ago.

Bookings amounted to C$170.5 million for the quarter compared to the C$373.2 million seen during the second quarter of 2018.

The company's backlog was pegged at C$974.4 million, increasing from the C$749.3 million seen a year ago.

Enerflex is an oil and gas equipment and services company headquartered in Calgary, Alberta.