Tenaris S.A. (TS)

NYSE: TS · Real-Time Price · USD
37.19
+0.29 (0.79%)
At close: Dec 20, 2024, 4:00 PM
37.25
+0.06 (0.16%)
Pre-market: Dec 23, 2024, 8:00 AM EST
0.79%
Market Cap 20.38B
Revenue (ttm) 13.09B
Net Income (ttm) 2.65B
Shares Out 1.11B
EPS (ttm) 2.31
PE Ratio 7.69
Forward PE 10.17
Dividend $1.34 (3.60%)
Ex-Dividend Date Nov 19, 2024
Volume 2,229,507
Open 36.86
Previous Close 36.90
Day's Range 36.77 - 37.47
52-Week Range 27.24 - 40.73
Beta 1.42
Analysts Buy
Price Target 40.75 (+9.57%)
Earnings Date Feb 19, 2025

About TS

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 ... [Read more]

Sector Energy
Founded 2001
Employees 29,134
Stock Exchange NYSE
Ticker Symbol TS
Full Company Profile

Financial Performance

In 2023, Tenaris's revenue was $14.87 billion, an increase of 26.41% compared to the previous year's $11.76 billion. Earnings were $3.92 billion, an increase of 53.45%.

Financial Statements

Analyst Forecast

According to 4 analysts, the average rating for TS stock is "Buy." The 12-month stock price forecast is $40.75, which is an increase of 9.57% from the latest price.

Price Target
$40.75
(9.57% upside)
Analyst Consensus: Buy
Stock Forecasts

News

ExxonMobil names Tenaris its 2024 Supplier of the Year

HOUSTON, Dec. 16, 2024 (GLOBE NEWSWIRE) -- ExxonMobil has named Tenaris its 2024 Supplier of the Year, recognizing the company's performance, competitiveness and high standards as consistent with Exxo...

6 days ago - GlobeNewsWire

Brazilian Court Confirms Tenaris's Obligation to Pay Indemnification in connection with its 2012 Acquisition of a Participation in Usiminas; the Decision is subject to Further Appeals

LUXEMBOURG, Dec. 06, 2024 (GLOBE NEWSWIRE) -- Tenaris S.A. (NYSE and Mexico: TS and EXM Italy: TEN) announced that the Brazilian Superior Court of Justice (SCJ) published today its unanimous decision ...

16 days ago - GlobeNewsWire

Tenaris to Commence a USD 700 million Share Buyback Program

LUXEMBOURG, Nov. 10, 2024 (GLOBE NEWSWIRE) -- Tenaris S.A. (NYSE and Mexico: TS and EXM Italy: TEN) (“Tenaris”) announced today that pursuant to its USD700 million Share Buyback Program (the “Program”...

6 weeks ago - GlobeNewsWire

Tenaris S.A. (TS) Q3 2024 Earnings Call Transcript

Tenaris S.A. (NYSE:TS) Q3 2024 Earnings Conference Call November 7, 2024 8:00 AM ET Company Participants Giovanni Sardagna - Director of IR Paolo Rocca - Chairman & CEO Alicia Mondolo - CFO Gabriel P...

6 weeks ago - Seeking Alpha

Tenaris Announces 2024 Third Quarter Results

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...

6 weeks ago - GlobeNewsWire

Tenaris: Betting On The Backbone Of The Oil Network

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 applic...

2 months ago - Seeking Alpha

Tenaris completes Fourth and Last Tranche of its USD1.2 Billion Share Buyback Program

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 Shar...

5 months ago - GlobeNewsWire

Tenaris Announces 2024 Second Quarter Results

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...

5 months ago - GlobeNewsWire

Tenaris: Up And Down We Go - And Now A Buy

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 pote...

5 months ago - Seeking Alpha

Why Tenaris Is Significantly Undervalued

Tenaris SA is a leading manufacturer of steel pipes for the energy industry, with facilities using electric arc furnaces for production. The company operates globally, with a focus on the oil and gas ...

6 months ago - Seeking Alpha

Tenaris: Holding Was The Right Choice, Upgrading To A Buy (Rating Upgrade)

Tenaris is an attractive company in the energy servicing sector. The company has recently dropped quite a bit, and is now more attractive than a few months ago. There's upside to be had, despite the c...

6 months ago - Seeking Alpha

Brazilian Court Orders Tenaris to Pay an Indemnification in Connection with its Acquisition of a Participation in Usiminas in 2012

LUXEMBOURG, June 18, 2024 (GLOBE NEWSWIRE) -- Tenaris S.A. (NYSE and Mexico: TS and EXM Italy: TEN) announced today that the Brazilian Superior Court of Justice (SCJ) resolved that Tenaris's subsidiar...

6 months ago - GlobeNewsWire

Tenaris to Commence a USD 300 million Third Tranche of its USD 1.2 Billion Share Buyback Program

LUXEMBOURG, May 12, 2024 (GLOBE NEWSWIRE) -- Tenaris S.A. (NYSE and Mexico: TS and EXM Italy: TEN) (“Tenaris”) announced today that pursuant to its Share Buyback Program (the “Program”) announced on N...

8 months ago - GlobeNewsWire

Shareholders approve all resolutions on the agendas of Tenaris's Annual General Meeting and Extraordinary General Meeting of Shareholders

LUXEMBOURG, May 01, 2024 (GLOBE NEWSWIRE) -- Tenaris S.A. (NYSE and Mexico: TS and EXM Italy: TEN) announced that its annual general meeting of shareholders and its extraordinary general meeting of sh...

8 months ago - GlobeNewsWire

Completion of Second Tranche of Tenaris Share Buyback Program. Weekly Report (Monday, April 29, 2024)

LUXEMBOURG, April 30, 2024 (GLOBE NEWSWIRE) -- Tenaris S.A. (NYSE and Mexico: TS and EXM Italy: TEN) (“Tenaris”) announced today the completion of the second tranche of its previously announced Share ...

8 months ago - GlobeNewsWire

Tenaris S.A. (TS) Q1 2024 Earnings Call Transcript

Tenaris S.A. (NYSE:TS) Q1 2024 Earnings Conference Call April 26, 2024 8:00 AM ET Company Participants Giovanni Sardagna - Director of Investor Relations Paolo Rocca - Chief Executive Officer Luca Za...

8 months ago - Seeking Alpha

Tenaris Announces 2024 First Quarter Results

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...

8 months ago - GlobeNewsWire

Tenaris Files 2023 Annual Report on Form 20-F

LUXEMBOURG, March 28, 2024 (GLOBE NEWSWIRE) -- Tenaris S.A. (NYSE and Mexico: TS and EXM Italy: TEN) announces that it has filed today its Annual Report on Form 20-F for the year ended December 31, 20...

9 months ago - GlobeNewsWire

Tenaris Files 2023 Annual Report, 2023 Sustainability Report, and Convenes the Annual General Meeting of Shareholders and an Extraordinary General Meeting of Shareholders

LUXEMBOURG, March 22, 2024 (GLOBE NEWSWIRE) -- Tenaris S.A. (NYSE and Mexico: TS and EXM Italy: TEN) filed today its 2023 Annual Report and its 2023 Sustainability Report with the Luxembourg Stock Exc...

9 months ago - GlobeNewsWire

Tenaris to Commence a USD 300 million Second Tranche of its USD 1.2 Billion Share Buyback Program

LUXEMBOURG, Feb. 25, 2024 (GLOBE NEWSWIRE) -- Tenaris S.A. (NYSE and Mexico: TS and EXM Italy: TEN) (“Tenaris”) announced today that pursuant to its Share Buyback Program (the “Program”) announced on ...

10 months ago - GlobeNewsWire

Tenaris Announces 2023 Fourth Quarter and Annual Results

The financial and operational information contained in this press release is based on audited consolidated financial statements presented in U.S. dollars and prepared in accordance with International ...

10 months ago - GlobeNewsWire

Tenaris: Steeling Against High Rates With A Rock-Solid Balance Sheet

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...

11 months ago - Seeking Alpha

Completion of First Tranche of Tenaris Share Buyback Program. Weekly Report (January 8 – January 12, 2024)

LUXEMBOURG, Jan. 12, 2024 (GLOBE NEWSWIRE) -- Tenaris S.A. (NYSE and Mexico: TS and EXM Italy: TEN) (“Tenaris”) announced today the completion of the first tranche of its previously announced Share Bu...

1 year ago - GlobeNewsWire

Mattr Finalizes Pipe Coating Business Sale

TORONTO, Nov. 30, 2023 (GLOBE NEWSWIRE) -- Shawcor Ltd., dba Mattr Infratech (“Mattr” or the “Company”) (TSX: MATR) announced today that it has completed the previously-announced sale of its pipe coat...

1 year ago - GlobeNewsWire

Tenaris Completes Acquisition of Pipe Coating Business Unit of Mattr

LUXEMBOURG, Nov. 30, 2023 (GLOBE NEWSWIRE) -- Tenaris S.A. (NYSE and Mexico: TS and EXM Italy: TEN) announced that it has completed today the acquisition from Mattr (MATR.TO) of Mattr's pipe coating b...

1 year ago - GlobeNewsWire