Tenaris S.A. (TS)

NYSE: TS · IEX Real-Time Price · USD
34.87
+0.20 (0.58%)
Dec 1, 2023, 4:00 PM EST - Market closed
0.58%
Market Cap 20.46B
Revenue (ttm) 15.07B
Net Income (ttm) 3.60B
Shares Out 586.83M
EPS (ttm) 7.00
PE Ratio 5.74
Forward PE 8.03
Dividend $1.08 (3.10%)
Ex-Dividend Date Nov 20, 2023
Volume 2,732,614
Open 34.25
Previous Close 34.67
Day's Range 34.15 - 35.15
52-Week Range 24.69 - 38.00
Beta 1.60
Analysts Strong Buy
Price Target 41.27 (+18.35%)
Earnings Date Nov 1, 2023

About TS

Tenaris S.A., together with its subsidiaries, produces and sells seamless and welded steel tubular products and related services for the oil and gas industry, and other industrial applications. The company offers steel casings, tubing products, mechanical and structural pipes, line pipes, cold-drawn pipes, and premium joints and couplings; and coiled tubing products for oil and gas drilling and workovers, and subsea pipelines. It also manufactures sucker rods used in oil extraction activities and tubes for plumbing and construction applications... [Read more]

Sector Energy
Founded 2001
Employees 25,292
Stock Exchange NYSE
Ticker Symbol TS
Full Company Profile

Financial Performance

In 2022, Tenaris's revenue was $11.76 billion, an increase of 80.37% compared to the previous year's $6.52 billion. Earnings were $2.55 billion, an increase of 132.08%.

Financial Statements

Analyst Forecast

According to 3 analysts, the average rating for TS stock is "Strong Buy." The 12-month stock price forecast is $41.27, which is an increase of 18.35% from the latest price.

Price Target
$41.27
(18.35% upside)
Analyst Consensus: Strong Buy
Stock Forecasts

News

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...

3 days 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...

3 days ago - GlobeNewsWire

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

LUXEMBOURG, Nov. 05, 2023 (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 ...

4 weeks ago - GlobeNewsWire

Tenaris Announces 2023 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...

4 weeks ago - GlobeNewsWire

Tenaris announces new central securities depository and ISIN code

LUXEMBOURG, Oct. 23, 2023 (GLOBE NEWSWIRE) -- Tenaris S.A. (NYSE and Mexico: TS and EXM Italy: TEN) (“Tenaris”) announced a change from a global depository structure to LuxCSD S.A. (“LuxCSD”) as issue...

5 weeks ago - GlobeNewsWire

Tenaris to Acquire a Pipe Coating Business Unit of Mattr

LUXEMBOURG, Aug. 14, 2023 (GLOBE NEWSWIRE) -- Tenaris S.A. (NYSE and Mexico: TS and EXM Italy: TEN) announced today that it has entered into a definitive agreement to acquire from Mattr (MATR.TO) 100%...

3 months ago - GlobeNewsWire

Mattr Signs Definitive Agreement to Sell a Substantial Part of Its Pipeline and Pipe Services Segment to Tenaris for Approximately $220 Million CAD

TORONTO, Aug. 14, 2023 (GLOBE NEWSWIRE) -- Shawcor Ltd., dba Mattr Infratech (“Mattr” or the “Company”) (TSX: MATR) announced today that it has entered into a definitive agreement to sell a substantia...

3 months ago - GlobeNewsWire

Tenaris Announces 2023 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...

4 months ago - GlobeNewsWire

Tenaris Completes Acquisition of Additional Participation in Usiminas Control Group

LUXEMBOURG, July 03, 2023 (GLOBE NEWSWIRE) -- Tenaris S.A. (NYSE and Mexico: TS and EXM Italy: TEN) reported today that its Brazilian subsidiary Confab Industrial S.A., together with its affiliates Te...

5 months ago - GlobeNewsWire

Shareholders approve all resolutions on the agenda of Tenaris's Annual General Meeting

LUXEMBOURG, May 03, 2023 (GLOBE NEWSWIRE) -- Tenaris S.A. (NYSE and Mexico: TS and EXM Italy: TEN) announced that its annual general meeting of shareholders held on May 3, 2023, approved all resolutio...

7 months ago - GlobeNewsWire

Tenaris Announces 2023 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...

7 months ago - GlobeNewsWire

Tenaris Files 2022 Annual Report / Annual Report on Form 20-F, and 2022 Sustainability Report, and Convenes Annual General Meeting of Shareholders

LUXEMBOURG, March 31, 2023 (GLOBE NEWSWIRE) -- Tenaris S.A. (NYSE and Mexico: TS and EXM Italy: TEN) filed today its 2022 Annual Report / Annual Report on Form 20-F, and its 2022 Sustainability Report...

8 months ago - GlobeNewsWire

Tenaris to Increase its Participation in Usiminas Control Group

LUXEMBOURG, March 30, 2023 (GLOBE NEWSWIRE) -- Tenaris S.A. (NYSE and Mexico: TS and EXM Italy: TEN) announced today that its Brazilian subsidiary Confab Industrial S.A., together with its affiliates ...

8 months ago - GlobeNewsWire

Tenaris Announces 2022 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

Benteler terminates the previously-announced sale to Tenaris of its Shreveport, Louisiana pipe manufacturing plant

LUXEMBOURG, Feb. 05, 2023 (GLOBE NEWSWIRE) -- Tenaris S.A. (NYSE and Mexico: TS and EXM Italy: TEN) announced today that Benteler North America Corporation has exercised its right to unilaterally term...

10 months ago - GlobeNewsWire

5 Steel Stocks Hit New 12-Month Highs

These steel stocks are hotter than Tesla, Amazon, Apple and NVIDIA, if you measure hotness by price chart out-performance.

Other symbols: ATICMCGGBRS
11 months ago - Forbes

These Steelmakers Deserve A Place On Your 2023 Watch List

Steel stocks including Nucor and Steel Dynamics are bringing holiday cheer to investors as they have potential to benefit from infrastructure spending in 2023.

Other symbols: NUESTLD
1 year ago - MarketBeat

Tenaris Announces 2022 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...

1 year ago - GlobeNewsWire

Tenaris posts 167% rise in Q2 core profits

Steel pipe maker Tenaris reported a 167% increase in core profit in the second quarter with sales improving sequentially also thanks to further pricing gains in North America and a recovery of volumes...

1 year ago - Reuters

Tenaris Announces 2022 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...

1 year ago - GlobeNewsWire

Tenaris to acquire Benteler Steel & Tube pipe manufacturing plant in Shreveport, Louisiana

LUXEMBOURG, July 07, 2022 (GLOBE NEWSWIRE) -- Tenaris S.A. (NYSE and Mexico: TS and EXM Italy: TEN) announced today that it has entered into a definitive agreement to acquire from Benteler North Ameri...

1 year ago - GlobeNewsWire

Tenaris to pay $78 million to settle U.S. charges on bribery scheme

The U.S. Securities and Exchange Commission on Thursday said Tenaris SA, a maker and supplier of steel pipe products, will pay more than $78 million to resolve charges concerning a bribery scheme invo...

1 year ago - Reuters

Tenaris Resolves U.S. Securities and Exchange Commission Investigation into Legacy Issue in Brazil; U.S. Department of Justice Closes Parallel Inquiry Without Taking Action

LUXEMBOURG, June 02, 2022 (GLOBE NEWSWIRE) -- Tenaris S.A. (NYSE and Mexico: TS and EXM Italy: TEN) (“Tenaris”) has resolved a previously disclosed investigation by the U.S. Securities and Exchange Co...

1 year ago - GlobeNewsWire

Italian court dismisses case against Tenaris's Chairman and Chief Executive Officer and two other Board members over allegedly improper payments

LUXEMBOURG, May 26, 2022 (GLOBE NEWSWIRE) -- Tenaris S.A. (NYSE and Mexico: TS and EXM Italy: TEN) was advised today that the Milan court of first instance overseeing an investigation in Italy into al...

1 year ago - GlobeNewsWire

Tenaris Announces 2022 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...

1 year ago - GlobeNewsWire