It has been a roller coaster, but proud to see $EFXT / $EFX.TO trade above $23 USD today. We were buying this from $2.75 - $5 in 2021 and 2022 and stuck with it as it cleaned up its balance sheet, dealt with some hiccups, and steadily built value.
The valuation at $23 is no longer cheap but fair, with a very strong balance sheet, robust FCF, and plenty of growth opps across the nat gas processing and compression space. They even have some data center biz!
That said, this was an outsized position for me and I’ve been steadily making it smaller. I’ve boxed around 70% of my position and will likely pay some capital gains taxes this year. Good problems!