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Share Capital Authorized
 12 Months Ended
Dec. 31, 2022
Disclosure of Share capital Authorized [Abstract]  
Share Capital Authorized
NOTE 22. SHARE CAPITAL AUTHORIZED
The Company is authorized to issue an unlimited number of common shares. Share capital comprises only one class of ordinary shares. The ordinary shares carry a voting right and a right to a dividend.
Issued and Outstanding
 
    
2022
            2021  
         
  December 31,   
Number of
common shares
     
Common
share capital
     
Number of
common shares
      Common   
share capital   
         
Balance, January 1
   
 
89,678,845
 
   
$
375,524
 
      89,678,845      $ 375,524    
         
Issued on Acquisition (Note 7)
   
 
34,013,055
 
   
 
213,942
 
      -        -  
         
Exercise of stock options
   
 
47,120
 
   
 
361
 
      -        -  
         
Closing balance
   
 
                123,739,020
 
   
$
                    589,827
 
                          89,678,845      $                 375,524  
Enerflex acquired all issued and outstanding Exterran common stock in exchange for 1.021 Enerflex common shares. Enerflex issued 34,013,055 million Enerflex common shares with a fair value of $213.9 million, based on the October 12, 2022, closing share price of $6.29.
Total dividends declared in the year were $9.8 million, or $0.10 per share (December 31, 2021 – $7.6 million, or $0.085 per share).