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Last €11.24 EUR
Change Today +0.403 / 3.72%
Volume 120.0
TW11 On Other Exchanges
Symbol
Exchange
BrsaItaliana
OTC US
New York
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Frankfurt
Frankfurt
As of 6:34 AM 08/28/15 All times are local (Market data is delayed by at least 15 minutes).

tenaris sa (TW11) Snapshot

Open
€11.02
Previous Close
€10.84
Day High
€11.58
Day Low
€11.02
52 Week High
09/19/14 - €18.44
52 Week Low
08/25/15 - €9.64
Market Cap
13.3B
Average Volume 10 Days
41.0
EPS TTM
--
Shares Outstanding
1.2B
EX-Date
05/18/15
P/E TM
--
Dividend
€0.43
Dividend Yield
3.37%
Current Stock Chart for TENARIS SA (TW11)

tenaris sa (TW11) Related Businessweek News

No Related Businessweek News Found

tenaris sa (TW11) Details

Tenaris S.A., through its subsidiaries, manufactures and supplies steel pipe products and related services for the energy and other industrial applications. It offers products for oil and gas drilling operations that include casings and tubings, premium connections, drill pipes, coiled tubing, hot-rolled and cold-drawn tubes, tubular and non-tubular accessories, and devices, as well as technical consulting, pipe management, and field services. The company also offers offshore line pipe products, such as top tensioned and steel catenary risers, export lines and flow lines, bends, corrosion resistant alloys, coiled line pipes, umbilical tubing, and coated pipes; seamless and welded tubes for onshore line pipe; a range of seamless steel tubes for use in hydrocarbon processing industries comprising refineries, and petrochemical and gas-processing plants; and tubular products for the power generation industry. In addition, it provides sucker rods, couplings, and accessories; coiled tubing; a range of seamless tubes and tube-based components for car manufacturers and their suppliers; and seamless tubular products and components for various industrial applications consisting of gas and hydraulic cylinders, mechanical tubings, mining and geological exploration, and civil and engineering structures, as well as gas, water, and fire extinguishing systems. Further, the company offers financial services. Tenaris S.A. operates in North and South Americas, Europe, the Middle East, Africa, the Far East, and Oceania. The company was founded in 2001 and is headquartered in Luxembourg. Tenaris S.A. is a subsidiary of Techint Holdings S.à r.l.

27,816 Employees
Last Reported Date: 06/2/15
Founded in 2001

tenaris sa (TW11) Top Compensated Officers

No compensation data is available at this time for the top officers at this company.

Executives, Board Directors

tenaris sa (TW11) Key Developments

Tenaris S.A. Announces Unaudited Consolidated Earnings Results for the Second Quarter and Six Months Ended June 30, 2015; Provides Earnings Guidance for the Third Quarter of 2015

Tenaris S.A. announced unaudited consolidated earnings results for the second quarter and six months ended June 30, 2015. For the quarter, the company reported net sales of $1,868,078,000 against $2,660,882,000 a year ago. Operating income was $111,122,000 against $549,282,000 a year ago. Income before income tax was $107,288,000 against $564,119,000 a year ago. Income for the period attributable to owners of the parent was $66,314,000 against $407,885,000 a year ago. Net cash provided by operating activities was $548,089,000 against $566,486,000 a year ago. Capital expenditures were $261,928,000 against $223,177,000 a year ago. Earnings per ADS were $0.11 against $0.69 a year ago. EBITDA was $265 million against $702 million a year ago. Sales were down 30% year on year, with its Tubes sales down 45% in North America and 21% in the rest of the world, reflecting activity reductions and customer inventory adjustments. Capital expenditures mainly relates to the progress in the construction of the greenfield seamless facility in Bay City, Texas. For the six months, the company reported net sales of $4,121,633,000 against $5,240,826,000 a year ago. Operating income was $490,495,000 against $1,115,052,000 a year ago. Income before income tax was $493,156,000 against $1,191,203,000 a year ago. Income for the period attributable to owners of the parent was $321,396,000 against $830,390,000 a year ago. Net cash provided by operating activities was $1,425,982,000 against $1,178,330,000 a year ago. Capital expenditures were $523,187,000 against $412,222,000 a year ago. Earnings per ADS were $0.54 against $1.41 a year ago. EBITDA was $792 million against $1,421 million a year ago. Sales declined 21% compared to the first half of 2014, mainly due to lower shipments of tubular products. The 62% decline in net income mainly reflects a challenging operating environment affected by lower shipments, inefficiencies associated with low utilization of production capacity and severance costs to adjust the workforce to current market conditions. The company provided earnings guidance for the third quarter of 2015. The company expects revenues to decline further in the third quarter, when they will have an unusually low level of shipments of premium products. Average selling prices will be lower during the second half reflecting lower market prices and a less favorable product mix. In the current difficult market conditions, they are advancing with the restructuring of its operations and remain focused on reducing its costs, strengthening its market position and enhancing its service deployment in key regions. They expected cash flow will allow them to maintain its strong financial position.

Tenaris S.A. Restates Earnings Results for the Nine Month Period Ended September 30, 2014, Year Ended December 31, 2014, and First Quarter Ended March 31, 2015

Tenaris S.A. restated earnings results for the nine month period ended September 30, 2014, year ended December 31, 2014, and first quarter ended March 31, 2015. For the nine month period ended September 30, 2014, the company expects to restate earnings per share to $0.77, from the previous EPS reported of $0.97. For the year ended December 31, 2014, the company EPS is expected To restate $0.98, from the previously stated $1.14. For the first quarter ended March 31, 2015, the company EPS will be restated to $0.22, from the previously reported $0.19.

Tenaris S.A. Approves Dividend for the Year 2014, Payable on May 20, 2015

Tenaris S.A. announced that the AGM also approved the annual accounts as at December 31, 2014, and the payment of a dividend for the year ended December 31, 2014, of $0.45 per share ($0.90 per ADS), or approximately $531 million, which includes the interim dividend of $0.15 per share (or $0.30 per ADS) paid in November 2014. The company will pay the balance of the annual dividend in the amount of $0.30 per share ($0.60 per ADS) on May 20, 2015, with an ex-dividend date of May 18, 2015.

 

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Industry Analysis

TW11

Industry Average

Valuation TW11 Industry Range
Price/Earnings 23.6x
Price/Sales 1.7x
Price/Book 1.2x
Price/Cash Flow 23.9x
TEV/Sales 1.2x
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