Enerflex Ltd (NYSE:EFXT) targets total capital expenditures of $90 million to $110 million for 2024, which includes a total of approximately $70 million for maintenance and PP&E capital expenditures. Estimates 2023 capital expenditures of approximately $110 million, below guidance range of $120 million to $140 million. Enerflex’s preliminary outlook for 2024 reflects strong demand across business units and geographic regions. Says operating results in 2024 will be underpinned by the highly contracted Energy Infrastructure product line and the recurring nature of After-market Services, which together are expected to account for 55% to 65% of our gross margin before depreciation and amortization. Enerflex plans to release its financial results for the three months and year ended December 31, 2023 after markets close on Wednesday, February 28. Source: Press Release