Tenaris S.A. ADS

  • TickerTS
  • ISINUS88031M1099
  • ExchangeNew York Stock Exchange
  • SectorIndustrial Metals & Mining
  • CountryLuxembourg

Analysts

ValuEngine Rating and Forecast Report for TS

ValuEngine Rating and Forecast Report for TS

ValuEngine Rating and Forecast Report for TS

ValuEngine Rating and Forecast Report for TS

ValuEngine Rating and Forecast Report for TS

ValuEngine Rating and Forecast Report for TS

ValuEngine Rating and Forecast Report for TS

ValuEngine Rating and Forecast Report for TS

Preston Caldwell

Morningstar | TS Updated Forecasts and Estimates from 19 Jul 2019

With a disciplined pursuit over two decades, Tenaris has established itself as the premier provider of oil country tubular goods, or OCTGs, the steel tubing used to construct oil and gas wells. The company has ably positioned itself to become the overall market share leader. Low-cost yet high-quality production facilities, such as in Tenaris’ Mexico operations, enable the company to profitably supply OCTG in most world markets, including the crucial United States market. Furthermore, Tenaris has carved out a leading position (matched only by rival Vallourec) in the high-end portion of the OCTG...

Preston Caldwell

Morningstar | Tenaris Remains The Global OCTG Leader

With a disciplined pursuit over two decades, Tenaris has established itself as the premier provider of oil country tubular goods, or OCTGs, the steel tubing used to construct oil and gas wells. The company has ably positioned itself to become the overall market share leader. Low-cost yet high-quality production facilities, such as in Tenaris’ Mexico operations, enable the company to profitably supply OCTG in most world markets, including the crucial United States market. Furthermore, Tenaris has carved out a leading position (matched only by rival Vallourec) in the high-end portion of the OCTG...

Preston Caldwell

Tenaris Remains The Global OCTG Leader

Falling oil prices over the past several months have pushed oilfield service stocks into very cheap territory. West Texas Intermediate crude has fallen from over $65/bbl in late April to about $51/bbl today, below our midcycle forecast of $55/bbl. Our median covered oilfield service company is trading at a 20% discount to fair value. Valuations look about as cheap as they did last December, when many names breached 15-plus year lows. For oilfield service companies, we think the market is pricin...

Preston Caldwell

Morningstar | Falling Oil Prices Have Made Oilfield Service Stocks Very Cheap Again

Falling oil prices over the past several months have pushed oilfield service stocks into very cheap territory. West Texas Intermediate crude has fallen from over $65/bbl in late April to about $51/bbl today, below our midcycle forecast of $55/bbl. Our median covered oilfield service company is trading at a 20% discount to fair value. Valuations look about as cheap as they did last December, when many names breached 15-plus year lows. For oilfield service companies, we think the market is pricing in overly pessimistic views on growth in oil and gas capital expenditures, as we've previously hig...

Preston Caldwell

Falling Oil Prices Have Made Oilfield Service Stocks Very Cheap Again

Falling oil prices over the past several months have pushed oilfield service stocks into very cheap territory. West Texas Intermediate crude has fallen from over $65/bbl in late April to about $51/bbl today, below our midcycle forecast of $55/bbl. Our median covered oilfield service company is trading at a 20% discount to fair value. Valuations look about as cheap as they did last December, when many names breeched 15-plus year lows. For oilfield service companies, we think the market is pricin...

ValuEngine Rating and Forecast Report for TS

ValuEngine Rating and Forecast Report for TS

ValuEngine Rating and Forecast Report for TS

ValuEngine Rating and Forecast Report for TS

ValuEngine Rating and Forecast Report for TS

ValuEngine Rating and Forecast Report for TS

ValuEngine Rating and Forecast Report for TS

ValuEngine Rating and Forecast Report for TS

ValuEngine Rating and Forecast Report for TS

ValuEngine Rating and Forecast Report for TS

Expert Corporate Governance Service (ECGS)

Etude de l'AG du 03/05/2017

This year as in previous years we continue to have concerns regarding the overall governance of the Company.Notably, there is an absence of disclosure regarding executive compensation. Furthermore, we note that non-executives receive a fixed sum that does not appear to be linked with attendance, nor is attendance at board meeting disclosed coupled with the substantial increase in board fees proposed for 2017 leads us to oppose setting board fees in Resolution 7.Moreover, regarding the overall corporate governance of the Company, our concerns include, the absence of a single independent directo...

Dave Nicoski ...
  • Ross LaDuke

Vermilion Short Shots: Technically Vulnerable Stocks

Short Shots is a collection of technically vulnerable charts culled from the Negative Inflecting and Toppy columns within our Weekly Compass report or from various technical screening processes. The charts contained in this report have developed concerning technical patterns that suggest further price deterioration is likely. For these reasons Short Shots can also be a great source of ideas for investors interested in short-selling candidates.

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