Profile
Sector:
EnergyIndustry:
Oil & Gas Equipment & ServicesCountry:
LuxembourgIPO:
16 December 2002Website:
http://www.tenaris.comNext earnings report:
N/ALast dividends:
20 May 2024Next dividends:
N/APrice
after hours | Fri, 01 Nov 2024 23:06:02 GMTAnalysts recommendations
Institutional Ownership
TS Latest News
Beyond analysts' top -and-bottom-line estimates for Tenaris (TS), evaluate projections for some of its key metrics to gain a better insight into how the business might have performed for the quarter ended September 2024.
Tenaris S.A. is a global, but under-followed leader, in steel pipe manufacturing for the oil and gas industry. It also has a growing exposure to geothermal, hydrogen, and carbon capture storage applications. The company showcases a robust balance sheet and extremely lean and efficient operations that make it generate billions in free cash flow in any market condition.
LUXEMBOURG, Aug. 04, 2024 (GLOBE NEWSWIRE) -- Tenaris S.A. (NYSE and Mexico: TS and EXM Italy: TEN) (“Tenaris”) announced today the completion of the fourth and last tranche of its USD1.2 billion Share Buyback Program announced on November 1, 2023 (the “Program”).
The financial and operational information contained in this press release is based on unaudited consolidated condensed interim financial statements presented in U.S. dollars and prepared in accordance with International Financial Reporting Standards as issued by the International Accounting Standard Board and adopted by the European Union, or IFRS. Additionally, this press release includes non-IFRS alternative performance measures i.e., EBITDA, Free Cash Flow, Net cash / debt and Operating working capital days. See exhibit I for more details on these alternative performance measures.
Tenaris is a top player in the energy servicing sector, controlling nearly half of the global OCTG market. Italy-based with listings in Milan and NYSE, making it an attractive European investment potential. Rig Direct program enhances customer relationships and production efficiency, adding considerable value to the company.
While the revenue and EPS figures for Tenaris (TS) provide insight into its performance in the first quarter of 2024, it is important to also evaluate how certain key metrics stack up against analyst expectations and the same period last year.
Although the revenue and EPS for Tenaris S.A. (TS) give a sense of how its business performed in the quarter ended December 2023, it might be worth considering how some key metrics compare with Wall Street estimates and the year-ago numbers.
Businesses globally are preparing for a new reality of high interest rates as central banks raise rates to combat inflation. Tenaris SA, an oilfield equipment and services company, stands out with its strong balance sheet and low debt levels. Tenaris has reported impressive financial results, including increased sales volumes, high margins, and substantial cash flows, making it an attractive investment option.
Tenaris is a Luxembourg-headquartered supplier of welded steel pipes for gas pipelines, with manufacturing facilities across multiple continents. The company has achieved record sales and financial results for the 2022 fiscal year and is a leading player in the energy industry. Tenaris is investing in new ventures, such as wind farms, to support the ongoing global transition in energy and reduce CO2 emissions.
Tenaris S.A. (NYSE:TS ) Q3 2023 Earnings Call Transcript November 2, 2023 8:00 AM ET Company Participants Giovanni Sardagna - Head of IR Paolo Rocca - Chairman and CEO Luca Zanotti - President, US Operations Gabriel Podskubka - COO Conference Call Participants Alessandro Pozzi - Mediobanca Arun Jayaram - JPMorgan Securities Marc Bianchi - TD Cowen Luke Lemoine - Piper Sandler David Anderson - Barclays Jamie Franklin - Jefferies Operator Good day, and thank you for standing by.
What type of business is Tenaris SA?
Tenaris S.A., together with its subsidiaries, manufactures and distributes steel pipes for the energy industry and other industrial applications in North America, South America, Europe, the Middle East and Africa, and the Asia Pacific. The company offers steel casings to sustain the walls of oil and gas wells during and after drilling; steel tubing for conducting crude oil and natural gas to the surface after drilling has been completed; steel line pipes to transport crude oil and natural gas from wells to refineries, storage tanks and loading and distribution centers; and mechanical and structural pipes for the transportation of other forms of gas and liquids under high pressure. It also provides cold-drawn pipes for use in boilers, superheaters, condensers, heat exchangers, automobile production, and other industrial applications; premium joints and couplings for use in high temperature or high pressure environments under the TenarisHydril, Atlas Bradford, Ultra, and TORQ brands; coiled tubing is used for oil and gas drilling and well workovers and for subsea pipelines; and sucker rods used in oil extraction activities, tubes used for plumbing and construction applications, oilfield / hydraulic fracturing services, and coating services. In addition, the company engages in the development, management, and licensing of intellectual property. Tenaris S.A. was incorporated in 2001 and is based in Luxembourg City, Luxembourg. Tenaris S.A. operates as a subsidiary of Techint Holdings S.à r.l.
What sector is Tenaris SA in?
Tenaris SA is in the Energy sector
What industry is Tenaris SA in?
Tenaris SA is in the Oil & Gas Equipment & Services industry
What country is Tenaris SA from?
Tenaris SA is headquartered in Luxembourg
When did Tenaris SA go public?
Tenaris SA initial public offering (IPO) was on 16 December 2002
What is Tenaris SA website?
https://www.tenaris.com
Is Tenaris SA in the S&P 500?
No, Tenaris SA is not included in the S&P 500 index
Is Tenaris SA in the NASDAQ 100?
No, Tenaris SA is not included in the NASDAQ 100 index
Is Tenaris SA in the Dow Jones?
No, Tenaris SA is not included in the Dow Jones index
When was Tenaris SA the previous earnings report?
No data
When does Tenaris SA earnings report?
Next earnings report date is not announced yet