Articles from Flowserve Corporation

Flowserve Corporation (NYSEFLS) (“Flowserve” or the “Company”), a leading provider of flow control products and services for the global infrastructure markets, has been awarded a contract to supply Dry Gas Seals and Dry Gas Seal Systems to support a groundbreaking initiative for Abu Dhabi National Oil Company (“ADNOC”), the state-owned oil and gas company of the United Arab Emirates. The initiative will be accomplished through Flowserve’s collaboration with Celeros Flow Technology (“Celeros”), a major force in the flow control technology space providing solutions that deliver outstanding performance while minimizing environmental impacts.

Flowserve Corporation (NYSEFLS), a leading provider of flow control products and services for the global infrastructure markets, announced that its Board of Directors has authorized a quarterly cash dividend of $0.21 per share on the company's outstanding shares of common stock.

Flowserve Corporation (NYSEFLS) (“Flowserve” or the “Company”), a leading provider of flow control products and services for the global infrastructure markets, announced today its participation in the following upcoming investor events:

Flowserve Corporation (NYSEFLS) (“Flowserve” or the “Company”), a leading provider of flow control products and services for the global infrastructure markets, today announced its financial results for the third quarter ended September 30, 2024.

Flowserve Corporation (“Flowserve”) (NYSEFLS), a leading provider of flow control products and services for the global infrastructure markets, today announced that it has completed the acquisition of MOGAS Industries (“MOGAS”). This transaction helps strengthen Flowserve’s presence in mission-critical severe service valves and associated aftermarket services.

Flowserve Corporation (NYSEFLS), a leading provider of flow control products and services for the global infrastructure markets, announced that its Board of Directors has authorized a quarterly cash dividend of $0.21 per share on the company's outstanding shares of common stock.

Flowserve Corporation (“Flowserve”) (NYSEFLS), a leading provider of flow control products and services for the global infrastructure markets, announced today that it has signed a definitive agreement (the “Agreement”) to acquire MOGAS Industries (“MOGAS”), a privately held, Houston-based provider of mission-critical severe service valves and associated aftermarket services for $290 million with a potential $15 million earnout (the “Transaction”). The Transaction is expected to close in the fourth quarter of 2024.

Flowserve Corporation (NYSEFLS), a leading provider of flow control products and services for the global infrastructure markets, today announced its financial results for the second quarter ended June 30, 2024.

Flowserve Corporation (“Flowserve”) (NYSEFLS), a leading provider of flow control products and services for the global infrastructure markets, has acquired the intellectual property and in-process R&D related to cryogenic Liquefied Natural Gas (LNG) submerged pump technology, systems and packaging from NexGen Cryogenic Solutions, Inc. (“NexGen Cryo”), a privately held, Arizona-based company specialized in the engineering, design and testing of LNG pumps and turbines.

Flowserve Corporation (NYSEFLS), a leading provider of flow control products and services for the global infrastructure markets, announced today that it plans to release its second quarter 2024 results after the close of the New York Stock Exchange (NYSE) on Monday, July 29.

Flowserve Corporation (NYSEFLS), a leading provider of flow control products and services for the global infrastructure markets, and Heide Refinery, Germany’s northernmost crude oil refinery and chemicals company, announced today they will partner to incorporate Flowserve’s Energy Advantage Program to accelerate Heide Refinery’s momentum in energy efficiency.

Flowserve Corporation (NYSEFLS), a leading provider of flow control products and services for the global infrastructure markets, announced today that it will take part in the following upcoming investor conferences:

Flowserve Corporation, (NYSEFLS), a leading provider of flow control products and services for the global infrastructure markets, announced that its Board of Directors has authorized a quarterly cash dividend of $0.21 per share on the company's outstanding shares of common stock.

Flowserve Corporation (NYSEFLS), a leading provider of flow control products and services for the global infrastructure markets, has released its 2023 Environmental, Social and Governance (ESG) Report, outlining its vision to create flow control for a better world. In this year’s report, the company highlights the important work it has done to reduce its carbon intensity, continue its support of communities around the world through a wide variety of philanthropic efforts and develop new products that help its customers achieve their sustainability goals.

Flowserve Corporation (NYSEFLS), a leading provider of flow control products and services for the global infrastructure markets, announced today that it will take part in the following investor conferences:

Flowserve Corporation (NYSEFLS), a leading provider of flow control products and services for the global infrastructure markets, today announced its financial results for the first quarter ended March 31, 2024.

Flowserve Corporation (NYSEFLS), a leading provider of flow control products and services for the global infrastructure markets, announced today that it received two major project awards earlier this month, primarily for original equipment pumps, from engineering, procurement and construction (EPC) contractors working on two significant Middle East-based projects. The value of these awards, collectively over $150 million, will be reflected in Flowserve’s second quarter 2024 bookings.

Flowserve Corporation (NYSEFLS), a leading provider of flow control products and services for the global infrastructure markets, today announced its financial results for the fourth quarter and full-year ended December 31, 2023.

Flowserve Corporation (NYSEFLS), a leading provider of flow control products and services for the global infrastructure markets, announced today that Scott Rowe, President and Chief Executive Officer, will participate virtually in a fireside chat at the 34th Annual Pump, Valve and Water Symposium in New York City at 11:30 am ET on February 22, 2024. A webcast of Mr. Rowe’s discussion will be available for shareholders and other interested parties at Flowserve’s Investors Page.

Flowserve Corporation (NYSEFLS), a leading provider of flow control products and services for the global infrastructure markets, announced today that it plans to release its fourth quarter and full year 2023 results after the close of the New York Stock Exchange (NYSE) on Tuesday, February 20.

Flowserve Corporation, (NYSEFLS), a leading provider of flow control products and services for the global infrastructure markets, announced that its Board of Directors has authorized a quarterly cash dividend of $0.20 per share on the company's outstanding shares of common stock.

Flowserve Corporation (NYSEFLS), a leading provider of flow control products and services for the global infrastructure markets, announced today that Scott Rowe, president and chief executive officer, will participate in a fireside chat at the Annual Baird Global Industrial Conference in Chicago, IL, on November 9, 2023, at 10:50 a.m. CST.

Flowserve Corporation (NYSEFLS), a leading provider of flow control products and services for the global infrastructure markets, today announced its financial results for the third quarter ended September 30, 2023.

Flowserve Corporation (NYSEFLS), a leading provider of flow control products and services for the global infrastructure markets, announced today that it plans to release its results for the third quarter 2023 after the close of the New York Stock Exchange (NYSE) on Wednesday, October 25.

Flowserve Corporation (NYSEFLS), a leading provider of flow control products and services for the global infrastructure markets, announced today that the French Ministry of Economy, as part of its Foreign Direct Investment review process, has rejected Flowserve’s acquisition of Velan Inc. (“Velan”) (TSX: VLN).

Flowserve Corporation (NYSEFLS), a leading provider of flow control products and services for the global infrastructure markets, will host its 2023 Analyst Day today in New York City beginning at 8 a.m. ET.

Flowserve Corporation (NYSEFLS), a leading provider of flow control products and services for the global infrastructure markets, announced today that its board of directors has elected Cheryl H. Johnson as a member of its board of directors, effective December 8, 2023. Ms. Johnson will also be appointed to the organization and compensation committee, as well as the finance and risk committee of the board on the same date. Ms. Johnson’s appointment follows the retirement of John Friedery, who will retire from the board effective December 8, 2023.

Flowserve Corporation (NYSEFLS), a leading provider of flow control products and services for the global infrastructure markets, announced it plans to hold its 2023 Analyst Day meeting on September 28, 2023, in New York City.

Flowserve Corporation, (NYSEFLS), a leading provider of flow control products and services for the global infrastructure markets, announced that its Board of Directors has authorized a quarterly cash dividend of $0.20 per share on the company's outstanding shares of common stock.

Flowserve Corporation (NYSEFLS) and Velan Inc. (“Velan”) (TSX: VLN) today announced that they have extended the outside date (the “Outside Date”) of the arrangement agreement made as of February 9, 2023, among Velan, 14714750 Canada Inc. (“Purchaser”) and Flowserve US Inc., as amended by the first amendment to the arrangement agreement dated March 27, 2023 (the “Arrangement Agreement”). In accordance with the definition of Outside Date in the Arrangement Agreement, given that the Regulatory Approvals (as such term is defined in the Arrangement Agreement) have not all been obtained at this time, Velan and Purchaser have given written notices to each other that they each wish to extend the Outside Date for an additional 30 days to September 7, 2023.

Flowserve Corporation (NYSEFLS), a leading provider of flow control products and services for the global infrastructure markets, today announced its financial results for the second quarter ended June 30, 2023.

Flowserve Corporation (NYSEFLS), a leading provider of flow control products and services for the global infrastructure markets, announced today that it plans to release its results for the second quarter 2023 after the close of the New York Stock Exchange (NYSE) on Tuesday, August 1.

Flowserve Corporation (NYSEFLS), a leading provider of flow control products and services for the global infrastructure markets, announced today the release of its 2022 Environmental, Social and Governance (ESG) Report outlining the company’s commitment to create extraordinary flow control solutions that make the world better for everyone. In this year’s report, the Company details how it strives to enable a clean energy future by advancing technologies that reduce climate impact, embedding sustainability within its core operations and strengthening its purpose-driven culture.

Flowserve Corporation, (NYSEFLS), a leading provider of flow control products and services for the global infrastructure markets, announced today that it will participate in two upcoming conferences this month.

Flowserve Corporation, (NYSEFLS), a leading provider of flow control products and services for the global infrastructure markets, announced that its Board of Directors has authorized a quarterly cash dividend of $0.20 per share on the company's outstanding shares of common stock.

Flowserve Corp. (NYSEFLS) (the “Company”), a leading provider of flow control products and services for the global infrastructure markets, held its virtual 2023 Annual Meeting of Shareholders on May 25, 2023.

Flowserve Corporation (NYSEFLS), a leading provider of flow control products and services for the global infrastructure markets, announced today that Amy Schwetz, chief financial officer, will participate in a fireside chat at the Goldman Sachs Industrials & Materials Conference in New York, NY, on May 9, 2023, at 2:30 p.m. EDT. Additionally, Flowserve will participate virtually in the Oppenheimer 18th Annual Industrial Growth Conference on May 8, 2023.

Flowserve Corporation (NYSEFLS), a leading provider of flow control products and services for the global infrastructure markets, today announced its financial results for the first quarter ended March 31, 2023.

Flowserve Corporation (NYSEFLS), a leading provider of flow control products and services for the global infrastructure markets, announced today that it plans to release its results for the first quarter 2023 after the close of the New York Stock Exchange (NYSE) on Monday, May 1.

Flowserve Corporation (NYSEFLS), a leading provider of flow control products and services for the global infrastructure markets, announced today that its board of directors has elected Thomas Okray as a member of its board of directors and audit committee, effective April 12, 2023.

Flowserve Corporation (NYSEFLS), a leading provider of flow control products and services for the global infrastructure markets, announced today that Scott Rowe, president and chief executive officer, will participate in a fireside chat at the 2023 Bank of America Global Research Global Industrials Conference in London, U.K. on March 22, 2023. Additionally, chief financial officer Amy Schwetz will attend the 17th Annual UBS Infrastructure and E&C Conference in Irving, TX, U.S. on March 23, 2023.

Flowserve Corporation, (NYSEFLS), a leading provider of flow control products and services for the global infrastructure markets, announced that its Board of Directors has authorized a quarterly cash dividend of $0.20 per share on the company's outstanding shares of common stock.

Flowserve Corporation (NYSEFLS), a leading provider of flow control products and services for the global infrastructure markets, and Clariter, a global cleantech pioneer, announced today that the companies have entered into a strategic collaboration agreement to advance production of Clariter’s high-quality, green petrochemicals made from plastic waste.

Flowserve Corporation (NYSEFLS), a leading provider of flow control products and services for the global infrastructure markets, today announced its financial results for the fourth quarter and full year ended December 31, 2022.

Flowserve Corporation (NYSEFLS), a leading provider of flow control products and services for the global infrastructure markets, announced today that Scott Rowe, president and chief executive officer, will participate in a fireside chat at the 33rd Annual Pump, Valve and Water Systems Symposium in New York City, while Amy Schwetz, chief financial officer, will participate in a fireside chat at Citi’s 2023 Global Industrial Tech and Mobility Conference in Miami, Florida. Both events will occur on February 23, 2023.

Flowserve Corporation (NYSEFLS), a leading provider of flow control products and services for the global infrastructure markets, today announced preliminary fourth quarter 2022 financial results and initiated its 2023 guidance metrics. The company expects to report its full results for the fourth quarter and full year of 2022 the afternoon of Tuesday, February 21, 2023.

Flowserve Corporation (“Flowserve”) (NYSEFLS), a leading provider of flow control products and services for the global infrastructure markets, and Velan Inc. (“Velan”) (TSX: VLN), a leading manufacturer of highly engineered industrial valves, today announced that they have entered into a definitive agreement (the “Arrangement Agreement”) under which Flowserve will acquire Velan in an all cash transaction (the “Transaction”) valued at approximately $245 million (C$329 million), including the purchase of all of the issued and outstanding Velan equity for approximately $209 million (C$281 million) and the assumption of approximately $36.3 million (C$48.9 million) in outstanding gross debt as of November 30, 2022. Flowserve will also assume Velan’s $31.4 million (C$42.2 million) of cash and cash equivalents, also as of November 30, 2022. The Transaction is expected to close by the end of the second quarter of 2023.

Flowserve Corporation (NYSEFLS) (the “company”) will support the construction of Aramco’s Jafurah project, one of the largest commercial unconventional gas fields being developed in the Kingdom of Saudi Arabia. As previously announced in its third quarter earnings call, the company is proud to confirm it will supply over 400 pumps for the project. The value of these awards was included in Flowserve’s third quarter 2022 backlog.

Flowserve Corporation (NYSEFLS), a leading provider of flow control products and services for the global infrastructure markets, announced that its Board of Directors has authorized a quarterly cash dividend of $0.20 per share on the company's outstanding shares of common stock.

Flowserve Corporation (NYSEFLS), a leading provider of flow control products and services for the global infrastructure markets, announced today that Scott Rowe, president and chief executive officer, will participate in a fireside chat at the 52nd Annual Baird Global Industrial Conference in Chicago, IL, on November 8, 2022 at 12:35 p.m. CST.

Flowserve Corporation (NYSEFLS), a leading provider of flow control products and services for the global infrastructure markets, today announced its financial results for the third quarter ended September 30, 2022.

Flowserve Corporation (NYSEFLS), a leading provider of flow control products and services for the global infrastructure markets, today announced that it plans to release its results for the third quarter 2022 after the close of the New York Stock Exchange (NYSE) on Monday, October 31.

Flowserve Corporation (NYSEFLS), a leading provider of flow control products and services for the global infrastructure markets, announced today the company was awarded a contract to supply its vertical turbine pumps to McMillen Jacobs Associates for its design, engineering and construction services on the West Kauai Energy Project (WKEP) – a comprehensive, integrated renewable energy and irrigation project which will help the state of Hawaii reach its goal of a future with zero carbon emissions.

Flowserve Corporation (NYSEFLS), a leading provider of flow control products and services for the global infrastructure markets, announced today the release of the new Flowserve FLEX™ Isobaric Energy Recovery Device – the next-generation compact pressure exchanger for reverse osmosis plants.

Flowserve Corporation (NYSEFLS), a leading provider of flow control products and services for the global infrastructure markets, announced today its participation in a new online film series, Beneath the Surface, presented by the International Water Association and produced by BBC StoryWorks Commercial Productions.

Flowserve Corporation (NYSEFLS), a leading provider of flow control products and services for the global infrastructure markets, today provided an update regarding the company’s expected results for the third quarter ending September 30, 2022.

Flowserve Corporation (NYSEFLS), a leading provider of flow control products and services for the global infrastructure markets, announced today that Scott Rowe, president and chief executive officer, will participate in a fireside chat for the Morgan Stanley 10th Annual Laguna Conference on Thursday, September 15 at 2:35 PM PDT. Additionally, management will also participate in the 2022 RBC Capital Markets Global Industrial Conference on Wednesday, September 14.

Flowserve Corporation, (NYSEFLS), a leading provider of flow control products and services for the global infrastructure markets, announced that its Board of Directors has authorized a quarterly cash dividend of $0.20 per share on the company's outstanding shares of common stock.

Flowserve Corporation (NYSEFLS), a leading provider of flow control products and services for the global infrastructure markets, today announced that its board of directors has elected Ken Siegel as an independent director and a member of the Audit Committee and Finance and Risk Committee of the board, effective August 16, 2022.

Flowserve Corporation (NYSEFLS), a leading provider of flow control products and services for the global infrastructure markets, today announced its financial results for the second quarter ended June 30, 2022.

Flowserve Corporation (NYSEFLS), a leading provider of flow control products and services for the global infrastructure markets, announced today the opening of a new Learning Resource Center (LRC) on the Lamar University campus in Beaumont, Texas. The new LRC will provide Flowserve customers and Lamar University students with the opportunity to engage with Flowserve’s innovative products and technology through hands-on, lab-based learning experiences.

Flowserve Corporation (NYSEFLS), a leading provider of flow control products and services for the global infrastructure markets, today announced that it plans to release its results for the second quarter 2022 after the close of the New York Stock Exchange (NYSE) on Wednesday, July 27.

Flowserve Corporation (NYSEFLS), a leading provider of flow control products and services for the global infrastructure markets, today announced it will host Destination Innovation 2022, its second annual virtual expo, with three dates to maximize engagement with global attendees.

Flowserve Corporation (NYSEFLS), a leading provider of flow control products and services for the global infrastructure markets, announced today the release of its 2021 Environmental, Social and Governance (ESG) Report outlining the company’s commitment to create extraordinary flow control solutions that make the world better for everyone.

Flowserve Corporation (NYSEFLS), a leading provider of flow control products and services for the global infrastructure markets, announced today it was awarded a contract to provide pumps to TMGcore, Inc., a Texas-based leading provider of high-performance computing solutions specializing in liquid immersion cooling technology.

Flowserve Corporation (NYSEFLS), a leading provider of flow control products and services for the global infrastructure markets, announced today that Scott Rowe, president and chief executive officer, will present at the Cowen Sustainability & Energy Transition Summit on Wednesday, June 8, at 9:50 a.m. ET and at the Stifel 2022 Boston Cross Sector Insight Conference on Thursday, June 9, at 9:45 a.m. ET. Additionally, Flowserve management will host meetings at the UBS Global Industrials and Transportation Conference 2022 in New York City on Tuesday, June 7.

Flowserve Corporation, (NYSEFLS), a leading provider of flow control products and services for the global infrastructure markets, announced that its Board of Directors has authorized a quarterly cash dividend of $0.20 per share on the company's outstanding shares of common stock.

Flowserve Corporation (NYSEFLS), a leading provider of flow control products and services for the global infrastructure markets, announced today that it was awarded a contract to provide control and ball valves to OMV’s chemical recycling demonstration plant in the city of Schwechat, Austria, located approximately 16 km (10 miles) southeast of Vienna.

Flowserve Corporation (NYSEFLS), a leading provider of flow control products and services for the global infrastructure markets, today announced its financial results for the first quarter ended March 31, 2022.

Flowserve Corporation (NYSEFLS), a leading provider of flow control products and services for the global infrastructure markets, today announced that it plans to release its results for the first quarter 2022 after the close of the New York Stock Exchange (NYSE) on Monday, May 2.

Flowserve Corporation (NYSEFLS), a leading provider of flow control products and services for the global infrastructure markets, today announced it has been awarded a contract to provide control valves for a portion of Norway’s first cross-border and open-source carbon capture and storage facility. With an estimated 2024 completion, this facility will be the first of its kind and will help further enable the acceleration of decarbonization in Europe.

Flowserve Corporation (NYSEFLS), a leading provider of flow control products and services for the global infrastructure markets, announced today it has been named as the top supplier in the categories of performance and reliability according to EnergyPoint’s 2022 Oilfield Products Customer Satisfaction Survey.

Flowserve Corporation (NYSEFLS), a leading provider of flow control products and services for the global infrastructure markets, announced today it has entered into a non-exclusive partnership agreement with Gradiant to help address the most challenging problems in water and wastewater treatment.

Flowserve Corporation (NYSEFLS), a leading provider of flow control products and services for the global infrastructure markets, today announced its financial results for the fourth quarter and full year ended December 31, 2021.

Flowserve Corporation (NYSEFLS), a leading provider of flow control products and services for the global infrastructure markets, announced today that Amy Schwetz, chief financial officer, will present virtually at Gabelli’s 32nd Annual Pump, Valve & Water Systems Symposium on Thursday, February 24, at 2:30 p.m. ET.