Exterran Corporation

Informe acción NYSE:EXTN

Capitalización de mercado: US$152.6m

This company has been acquired

The company may no longer be operating, as it has been acquired. Find out why through their latest events.

Exterran Dirección

Dirección controles de criterios 2/4

Información clave

Andrew Way

Chief Executive Officer (CEO)

US$5.7m

Compensación total

Porcentaje del salario del CEO14.51%
Permanencia del CEO7yrs
Participación del CEO1.3%
Permanencia media de la dirección5.8yrs
Promedio de permanencia en la Junta Directiva7yrs

Actualizaciones recientes de la dirección

Artículo de análisis • Apr 23

We Discuss Why Exterran Corporation's (NYSE:EXTN) CEO Compensation May Be Closely Reviewed

Shareholders will probably not be too impressed with the underwhelming results at Exterran Corporation ( NYSE:EXTN...

Recent updates

Seeking Alpha • Sep 11

Exterran 8.125% 2025: Likely To Be Called Above Par Soon

Summary Enerflex issued circular to it shareholders, achieving another big milestone to close the Exterran acquisition. Enerflex will need to issue a Change of Control offer for the Exterran 8.125% 2025 notes. Enerflex has committed financing in place to refinance Exterran's debt. The bond is expected to be taken out before the end of the year at $101-102. CUSIP: 30227KAE91. Situation Overview Enerflex (EFX:CA) announced its acquisition of Exterran (EXTN) back in January in an all-stock transaction. Enerflex and Exterran have obtained all major regulatory approvals and shareholder votes (for both Enerflex and Exterran) are scheduled for October 11, 2022. There is committed debt financing in place to refinance the entire capitals structure of the combined entity - a new $700 million RCF and a $925 million bridge loan, which will be used to refinancing the Exterran debt according to the circular filed on SEDAR. The fact that circular/proxy statement and F-4 are filed indicates that the management team believes that achieving the required shareholder vote on both sides, which is the remaining key condition to the acquisition. In addition, Chai trust which owns 24.5% of Exterran stock, and all the directors and executive officers that collectively hold ~4% of the stock entered into voting agreements in favour of the merger. The only wildcard is whether the Enerflex shareholder will approve the deal (via agreeing to issue new shares to Exterran shareholders). From existing Enerflex's shareholder perspective, I believe the transaction rationale seems logical (scale, cost synergy, more recurring gross margin) and the deal metrics are accretive in terms of cash flow per share. I also didn't find the top shareholders publicly oppose this transaction. 2021 Proxy 2022 Proxy Exterran 8.125% 2025 This transaction should trigger the Change of Control clause: Indenture This means post transaction the Enerflex is required to issue a $101 change of control offer to the bondholders, who may or may not sell into the offer. The bond is also callable at ~$102 today. Enerflex could first try the change of control offer to see how many bondholders take the $101 price, and then call the rest at $102. Alternatively, Enerflex could run a separate tender offer at a price between $101-102, while asking for consent to waive the change of control offer requirement. If I'm advising Enerflex, I'd tell them to just call all the bonds at $102 to have a clean process and build some credit with the credit community as Enerflex may need to come back to the market to refinance the bridge loan in the future. Indenture
Seeking Alpha • Jan 16

Exterran Continues To Focus On Water Business Solutions

EXTN, despite a falling backlog, will continue to invest in water midstream operation in the international business. An early-stage product sales and AMS contracts can bring in structural change to its revenue model. In Q3, revenues in the Product Sales segment benefited from increased project activities in the Middle East. Debt repayment and an overly-leveraged balance sheet dampen investors' sentiment.
Seeking Alpha • Jun 27

Evaluating Exterran Corporation

Exterran Corporation has nearly doubled since April 21st, 2021 as oil and gas activity is rebounding while the company tallied a win in its now-prioritized water solutions unit. The stock is still down more than 80% since 2018 as oil & gas industry headwinds caused the company to bleed cash, compelling its transition from an oil service business. With Exterran tracking $3.5 billion of potential projects and significant recent insider buying, this busted IPO merited further investigation. A full investment analysis is presented in the paragraphs below.
Artículo de análisis • Apr 23

We Discuss Why Exterran Corporation's (NYSE:EXTN) CEO Compensation May Be Closely Reviewed

Shareholders will probably not be too impressed with the underwhelming results at Exterran Corporation ( NYSE:EXTN...
Artículo de análisis • Feb 14

Is Exterran (NYSE:EXTN) Struggling?

When researching a stock for investment, what can tell us that the company is in decline? Typically, we'll see the...
Artículo de análisis • Jan 24

Exterran Corporation (NYSE:EXTN) Insiders Increased Their Holdings

We often see insiders buying up shares in companies that perform well over the long term. The flip side of that is that...
Artículo de análisis • Jan 03

What Type Of Shareholders Own The Most Number of Exterran Corporation (NYSE:EXTN) Shares?

Every investor in Exterran Corporation ( NYSE:EXTN ) should be aware of the most powerful shareholder groups. Generally...
Artículo de análisis • Dec 13

How Much Is Exterran's (NYSE:EXTN) CEO Getting Paid?

Andrew Way has been the CEO of Exterran Corporation ( NYSE:EXTN ) since 2015, and this article will examine the...
Artículo de análisis • Nov 25

Exterran (NYSE:EXTN) Has No Shortage Of Debt

Warren Buffett famously said, 'Volatility is far from synonymous with risk.' It's only natural to consider a company's...

Análisis de compensación del CEO

¿Cómo ha cambiado la remuneración de Andrew Way en comparación con los beneficios de Exterran?
FechaCompensación totalSalarioIngresos de la empresa
Jun 30 2022n/an/a

-US$84m

Mar 31 2022n/an/a

-US$111m

Dec 31 2021US$6mUS$825k

-US$111m

Sep 30 2021n/an/a

-US$114m

Jun 30 2021n/an/a

-US$115m

Mar 31 2021n/an/a

-US$99m

Dec 31 2020US$5mUS$751k

-US$86m

Sep 30 2020n/an/a

-US$114m

Jun 30 2020n/an/a

-US$110m

Mar 31 2020n/an/a

-US$118m

Dec 31 2019US$6mUS$825k

-US$108m

Sep 30 2019n/an/a

-US$52m

Jun 30 2019n/an/a

-US$36m

Mar 31 2019n/an/a

-US$10m

Dec 31 2018US$6mUS$825k

-US$249k

Sep 30 2018n/an/a

US$7m

Jun 30 2018n/an/a

US$6m

Mar 31 2018n/an/a

US$10m

Dec 31 2017US$6mUS$750k

-US$6m

Sep 30 2017n/an/a

-US$12m

Jun 30 2017n/an/a

-US$46m

Mar 31 2017n/an/a

-US$155m

Dec 31 2016US$4mUS$750k

-US$172m

Sep 30 2016n/an/a

-US$190m

Jun 30 2016n/an/a

-US$167m

Mar 31 2016n/an/a

-US$76m

Dec 31 2015US$7mUS$369k

US$22m

Compensación vs. Mercado: La compensación total de Andrew($USD5.69M) está por encima de la media de empresas de tamaño similar en el mercado US ($USD1.68M).

Compensación vs. Ingresos: La compensación de Andrew ha aumentado mientras la empresa no es rentable.

CEO

Andrew Way (51 yo)

7yrs
Permanencia
US$5,685,359
Compensación

Mr. Andrew James Way has been the Chief Executive Officer, President and Director of Exterran Corporation since October 30, 2015. Mr. Way is Director of Energy Workforce and Technology Council. He served a...

Equipo directivo

NombrePosiciónPermanenciaCompensaciónPropiedad
Mark Sotir
Executive Chairman7yrsUS$375.31k0.42%
$ 637.4k
Andrew Way
President7yrsUS$5.69m1.35%
$ 2.1m
David Barta
Senior VP5.8yrsUS$1.65m0.26%
$ 396.1k
Roger George
President of Water Solutions5.8yrsUS$1.40m0.14%
$ 210.2k
Kenneth Hancock
Vice President of Investor Relations4.3yrssin datossin datos
Kelly Battle
VP, General Counsel & Corporate Secretaryno datasin datos0.049%
$ 74.1k
Tara Wineinger
VP & Chief Human Resources Officerno datasin datos0.078%
$ 119.5k
Kerric Peyton
Senior Vice President of Healthno datasin datossin datos
5.8yrs
Permanencia media
55.5yo
Promedio de edad

Equipo directivo experimentado: El equipo directivo de EXTN es experimentado (5.8 años antigüedad media).

Miembros de la Junta

NombrePosiciónPermanenciaCompensaciónPropiedad
Mark Sotir
Executive Chairman7yrsUS$375.31k0.42%
$ 637.4k
Andrew Way
President7yrsUS$5.69m1.35%
$ 2.1m
William Goodyear
Lead Independent Director7yrsUS$230.31k0.53%
$ 813.4k
Christopher Seaver
Independent Director7yrsUS$203.44k0.39%
$ 602.5k
James Gouin
Independent Director6.9yrsUS$190.31k0.16%
$ 251.3k
John Ryan
Independent Director7yrsUS$201.56k0.38%
$ 584.0k
Hatem Soliman
Independent Director3.5yrsUS$190.31k0.14%
$ 209.2k
Ieda Gomes Yell
Independent Director7yrsUS$192.81k0.23%
$ 345.3k
7.0yrs
Permanencia media
64yo
Promedio de edad

Junta con experiencia: La junta directiva de EXTN se considera experimentada (7 años de antigüedad promedio).

Análisis de la empresa y estado de los datos financieros

DatosÚltima actualización (huso horario UTC)
Análisis de la empresa2022/10/13 11:23
Precio de las acciones al final del día2022/10/12 00:00
Beneficios2022/06/30
Ingresos anuales2021/12/31

Fuentes de datos

Los datos utilizados en nuestro análisis de empresas proceden de S&P Global Market Intelligence LLC. Los siguientes datos se utilizan en nuestro modelo de análisis para generar este informe. Los datos están normalizados, lo que puede introducir un retraso desde que la fuente está disponible.

PaqueteDatosMarco temporalEjemplo Fuente EE.UU. *
Finanzas de la empresa10 años
  • Cuenta de resultados
  • Estado de tesorería
  • Balance
Estimaciones del consenso de analistas+3 años
  • Previsiones financieras
  • Objetivos de precios de los analistas
Precios de mercado30 años
  • Precios de las acciones
  • Dividendos, escisiones y acciones
Propiedad10 años
  • Accionistas principales
  • Información privilegiada
Gestión10 años
  • Equipo directivo
  • Consejo de Administración
Principales avances10 años
  • Anuncios de empresas

* Ejemplo para valores de EE.UU., para no EE.UU. se utilizan formularios y fuentes normativas equivalentes.

A menos que se especifique lo contrario, todos los datos financieros se basan en un periodo anual, pero se actualizan trimestralmente. Esto se conoce como datos de los últimos doce meses (TTM) o de los últimos doce meses (LTM). Más información.

Modelo de análisis y copo de nieve

Los detalles del modelo de análisis utilizado para generar este informe están disponibles en nuestra página de Github, también tenemos guías sobre cómo utilizar nuestros informes y tutoriales en Youtube.

Conozca al equipo de talla mundial que diseñó y construyó el modelo de análisis Simply Wall St.

Métricas industriales y sectoriales

Simply Wall St calcula cada 6 horas nuestras métricas sectoriales y de sección. Los detalles de nuestro proceso están disponibles en Github.

Fuentes analistas

Exterran Corporation está cubierta por 5 analistas. 1 de esos analistas presentaron las estimaciones de ingresos o ganancias utilizadas como datos para nuestro informe. Las estimaciones de los analistas se actualizan a lo largo del día.

AnalistaInstitución
Tim MonachelloATB Cormark
Kyle MayCapital One Securities, Inc.
James WestEvercore ISI