Profile
Sector:
EnergyIndustry:
Oil & Gas Equipment & ServicesCountry:
LuxembourgIPO:
16 December 2002Website:
http://www.tenaris.comNext earnings report:
02 August 2024Last dividends:
20 May 2024Next dividends:
N/APrice
after hours | Wed, 03 Jul 2024 20:14:08 GMTAnalysts recommendations
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TS Latest News
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.
Tenaris S.A. (TS) has received quite a bit of attention from Zacks.com users lately.
Tenaris S.A. has experienced rapid revenue growth, with net sales increasing 75% YoY to reach $4.4 billion. The company has a strong financial position, with a solid balance sheet and substantial cash flows, making it an attractive investment opportunity. Despite concerns about a slowdown in drilling projects and the rise of renewables, Tenaris is expected to continue serving a large market and delivering solid returns to shareholders.
Tenaris S.A. (TS) has been one of the stocks most watched by Zacks.com users lately.
The recommendations of Wall Street analysts are often relied on by investors when deciding whether to buy, sell, or hold a stock. Media reports about these brokerage-firm-employed (or sell-side) analysts changing their ratings often affect a stock's price.
Tenaris pays out a solid dividend with a safe payout ratio, consistently rewarding shareholders with a secure dividend amid cyclical upswings. Recent earnings exemplify Tenaris' ability to outperform expectations and the business' plan to increase CapEX expenditures.
What type of business is Tenaris SA?
Tenaris S.A., together with its subsidiaries, produces and sells seamless and welded steel tubular products; and provides related services for the oil and gas industry, and other industrial applications. The company offers steel casings, tubing products, mechanical and structural pipes, cold-drawn pipes, and premium joints and couplings; coiled tubing products for oil and gas drilling and workovers, and subsea pipelines; and umbilical tubing products; and tubular accessories. It also provides sucker rods, industrial equipment, heat exchangers, and utility conduits for buildings, as well as sells energy and raw materials. In addition, it offers financial services. The company operates in North America, South America, Europe, the Middle East and Africa, and the Asia Pacific. Tenaris S.A. was incorporated in 2001 and is based in Luxembourg, Luxembourg. Tenaris S.A. is 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 does Tenaris SA report earnings?
The next expected earnings date for Tenaris SA is 02 August 2024