Question-and-Answer Session
Operator
Thank you very much. (Operator Instructions). Our first question today will come from Jim Lucas with Janney Montgomery Scott.
Ryan MacLean - Janney Montgomery Scott
Hi, this is Ryan MacLean on behalf of Jim. I just wanted to go through the Fluid & Metering segment real quick. Larry, you mentioned that there were selective end market difficulties. I was wondering, if you could do go into a little bit more detail as to what it is that you are seeing down there?
Larry Kingsley
Sure, Ryan. I'll take the question in two parts; one what we have seen from Q4 through the other part of Q1, and then one and secondarily, what we see through the body of the year. For what we've seen over the last several weeks, there has been a relatively dramatic slowdown in the water and the chemical segment. We see positive signs of projects now fraying up in the water segment and we do anticipate that we'll see some nice improvements for the course of this year, and that's somewhat irrespective of what comes out of current federal funding mechanisms.
On the chemical side, which is, if you added up, in the neighborhood of about 10% of total company sales, we expect that to be relatively low in the new project side through the entire year. We'll still see some MRO spending. And then beyond that, what's in Fluid & Metering, I think it will track plus or minus around the GDP numbers.
So, two big issues from last several weeks perspective are kind of bottleneck and project funding associated with water and certainly with chemical. We expect water to improve, we don't expect chemical to improve all that much at least as far as we can see forward right now, everything else is kind of plus or minus what we expect.
Ryan MacLean - Janney Montgomery Scott
And I guess on the petroleum side, is that much change there?
Larry Kingsley
No, you don't care. And we talk a lot about the fact that where we are in petroleum or energy in general is not upstream, so we don't cycle up or down heavily with exploration activity as others do. We work downstream, and we're more in the logistics of getting energy to market. So we think that CapEx maybe certainly softer than it's been the last couple of years, but it's not a fall off the cliff situation at all.
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