Tenaris S.A. (TS)
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]
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 StatementsAnalyst 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.
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...

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...

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 ...

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...

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...

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%...

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...

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...

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...

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...

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...

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...

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 ...

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 ...

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...

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.

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.

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...

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...

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...

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...

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...

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...

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...

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...