Oil and Gas Processing Seals Industry Report 2024 - Single Seal Segment is Forecast to Reach US$5.2 Billion by 2030 with a CAGR of a 3.5% [Yahoo! Finance]
Flowserve Corporation (FLS)
Last flowserve corporation earnings: 2/17 04:20 pm
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Source: Yahoo! Finance
The global market for Oil and Gas Processing Seals was estimated at US$6.1 Billion in 2023 and is projected to reach US$7.9 Billion by 2030, growing at a CAGR of 3.7% from 2023 to 2030. Major types include mechanical seals, O-rings, gaskets, and lip seals, with mechanical seals being widely used due to their effectiveness in handling high-pressure and high-temperature conditions. Materials used in seals include elastomers, metals, and thermoplastics, with elastomers dominating the market due to their flexibility and chemical resistance. Key applications encompass exploration and drilling, refining, and pipeline transportation, with refining operations representing the largest segment due to the need for reliable sealing solutions in chemical processing and distillation units. How Are Processing Seals Integrated Across the Oil and Gas Sector? In exploration and drilling, processing seals are used in blowout preventers, mud pumps, and drilling heads to maintain pressure control a
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News
- Flowserve Announces Upcoming Investor EventsBusiness Wire
- Flowserve Co. (NYSE: FLS) had its price target raised by analysts at Royal Bank of Canada from $55.00 to $57.00. They now have a "sector perform" rating on the stock.MarketBeat
- Flowserve Co. (NYSE: FLS) had its price target raised by analysts at Bank of America Co. from $60.00 to $65.00. They now have a "buy" rating on the stock.MarketBeat
- Flowserve Co. (NYSE: FLS) had its price target raised by analysts at Robert W. Baird from $65.00 to $66.00. They now have a "neutral" rating on the stock.MarketBeat
- Flowserve Corporation Reports Third Quarter 2024 Results; Reaffirms 2024 Adjusted EPS GuidanceBusiness Wire
FLS
Earnings
- 10/28/24 - Miss
FLS
Sec Filings
- 11/12/24 - Form 4
- 11/8/24 - Form SC
- 11/8/24 - Form SC
- FLS's page on the SEC website