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    Cole Pereira

    Director of Equity Research at Stifel

    Cole Pereira is a Director of Equity Research at Stifel Financial Corp., specializing in the energy sector with a particular focus on oil and gas midstream companies such as Pembina Pipeline and Total Energy Services. He has covered 24 stocks with a 69% success rate and is noted for generating high returns on certain trades, including a remarkable 220% gain on TDW. Cole Pereira has been with Stifel for over a year and nine months, leveraging prior experience in research and analysis across related industries. He holds key professional credentials in equity research and maintains an active presence in financial markets research.

    Cole Pereira's questions to Enerflex (EFXT) leadership

    Cole Pereira's questions to Enerflex (EFXT) leadership • Q1 2024

    Question

    Cole Pereira questioned whether the cost inflation issues on the Kurdistan facility were specific to that region or could occur on future projects, and if the asset's security risk profile is unique compared to other Middle East operations.

    Answer

    President and CEO Marc Rossiter assured that there are no other Engineered Systems projects in the backlog with a similar level of construction risk, as the company's strategy is to focus on work completed within its own manufacturing facilities. He confirmed this project is the only one in that specific region of Iraq and that Enerflex's other Middle East infrastructure assets are primarily in Oman and Bahrain, countries with decades of safe and successful operational history. Rossiter emphasized that the company's backlog and investment strategy are deliberately shaped to de-risk the portfolio.

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