Flowserve Corp at Gabelli Pump, Valve & Water Systems Symposium Transcript
Okay. Next up, we have Flowserve. Flowserve is the leading manufacturer of pumps, valves and seals for the oil and gas, chemical, power generation, water treatment and general and industrial markets. Going forward, the company will be operating through the 2 segments: the Flowserve Pumps division and the Flow Control Division. Flowserve has 131 million shares outstanding. The stock trades around $46, $6 billion market cap, $863 million of net debt, $19 million of minority interest for a $6.8 billion total enterprise value.
Joining us today, coming out of their own company's board meeting to come up and join us, which we greatly appreciate, is Mr. Jay Roueche, Treasurer and Vice President of Investor Relations; and Mr. Mike Mullin, Director of Investor Relations. Jay and Mike, thanks for joining us.
Thanks, Brett, for the kind introduction, and good afternoon, everyone. We really appreciate you and Mr. Gabelli and all of G. Research for
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