Tenaris S.A. (TS)

NYSE: TS · IEX Real-Time Price · USD
37.87
+0.11 (0.29%)
Apr 23, 2024, 4:00 PM EDT - Market closed
0.29%
Market Cap 22.11B
Revenue (ttm) 14.87B
Net Income (ttm) 3.92B
Shares Out 583.95M
EPS (ttm) 6.64
PE Ratio 5.69
Forward PE 9.00
Dividend $1.20 (3.17%)
Ex-Dividend Date May 20, 2024
Volume 1,459,936
Open 37.24
Previous Close 37.76
Day's Range 37.10 - 37.88
52-Week Range 24.69 - 40.73
Beta 1.50
Analysts Hold
Price Target 42.00 (+10.91%)
Earnings Date Apr 25, 2024

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 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 3 analysts, the average rating for TS stock is "Hold." The 12-month stock price forecast is $42.0, which is an increase of 10.91% from the latest price.

Price Target
$42.0
(10.91% upside)
Analyst Consensus: Hold
Stock Forecasts

News

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...

26 days 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...

4 weeks 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 ...

2 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 ...

2 months ago - GlobeNewsWire

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...

3 months 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...

5 months 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...

5 months 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 ...

6 months 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...

6 months 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...

6 months 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%...

9 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...

9 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...

9 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...

10 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...

1 year 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...

1 year 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...

1 year 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 ...

1 year 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 ...

1 year 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...

1 year 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
1 year ago - Forbes

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