Tenaris S.A., together with its subsidiaries, produces and sells seamless and welded steel tubular products; and provides related services for the oil and gas industry, and other industrial applications. The company offers steel casings, tubing products, mechanical and structural pipes, cold-drawn pipes, and premium joints and couplings; coiled tubing products for oil and gas drilling and workovers, and subsea pipelines; and umbilical tubing products; and tubular accessories. It also provides sucker rods, industrial equipment, heat exchangers, and utility conduits for buildings, as well as sells energy and raw materials. In addition, it offers financial services. The company operates in North America, South America, Europe, the Middle East and Africa, and the Asia Pacific. Tenaris S.A. was incorporated in 2001 and is based in Luxembourg, Luxembourg. Tenaris S.A. is a subsidiary of Techint Holdings S.à r.l.

Tenaris S.A.

Shawcor

Tenaris is a leading supplier of tubes and related services for the world’s energy industry and certain other industrial applications. Our mission is to deliver value to our customers through product development, manufacturing excellence, and supply chain management. Tenaris employees around the world are committed to continuous improvement by sharing knowledge across a single global organization. 

Our customers include most of the world’s leading oil and gas companies as well as engineering companies engaged in constructing oil and gas gathering, transportation and processing facilities. Our principal products include casing, tubing, line pipe, and mechanical and structural pipes. 

Tenaris employs around 25,500 people from more than 25 countries. From the moment they enter the company, our employees follow a career plan specially designed to meet their professional goals. TenarisUniversity, Tenaris’s corporate university, offers high-quality, job-specific curricula and development plans that help them succeed in the many challenging assignments faced during their careers.

Our employees work in a culturally diverse setting that enriches their professional as well as their personal lives. As part of our fundamental corporate values, Tenaris offers our employee an active participation in a long-term, sustainable industrial project.

RECRUITMENT FRAUD: We’ve received reports that unauthorized individuals are fraudulently recruiting and extending fake job offers on behalf of Tenaris. We encourage prospective candidates to remain vigilant. Additional information on how to recognize recruitment fraud or scams can be found at: https://www.tenaris.com/en/careers/recruitment-fraud 

Please remember that Tenaris never asks job applicants to pay a fee as part of the recruitment process. 

Tenaris

We recently hosted a three-day training for our supply chain teams from around the world at our Rig Direct® Academy – our training and testing rig facility located in 📍Veracruz, Mexico. 

A great hands-on opportunity for our supply chain representatives to collaborate and gain know-how on the work our field services experts deliver at customer well sites, from the material selection of the pipe to running operations, as well as a wide range of services performed. 🌎

Learn more about our Rig Direct® service model: https://bit.ly/3udk4XQ

#TenarisMexico #TenarisAroundTheWorld #RigDirect

TenarisHydril DesertDock™ weld-on connector has successfully debuted in an exploratory well located in📍Tarija, Bolivia.

Our field services team was on-site to support the running of a 26” casing string, which was completed within a 3.5-hour timeframe with zero rejects or re-makeups. Achieving a rate of four joints per hour, the running set a new record for the customer’s operations. ✨

"Our DesertDock™ connector provides a cost-effective alternative for low-complexity onshore environments, making it an ideal solution for this exploratory well in Tarija, Bolivia. The connector’s proprietary design, featuring multiple thread starts and few threads per inch, allows for smooth and swift assembly," explained Technical Sales Director for Central & South America at Tenaris Tomas Castiñeiras

Learn more: https://bit.ly/3u3XYan

#TenarisAroundTheWorld #Onshore #OilAndGas

T - 5 days until the kick-off of a new edition of Hyvolution Paris. We're thrilled to be part of this event again, showcasing our advanced solutions for hydrogen storage and transportation. ✨

Join us at booth 4W26 to learn more about our THera™ high-pressure gas cylinders for H2 storage and our H2-ready onshore line pipe, chosen by Fluxys for the Belgian Hydrogen Backbone project.

We look forward to connecting with you! 🗓️

#TenarisForEnergyTransition #THera #Hydrogen

We have a long history in Veracruz, Mexico, spanning more than 70 years, and we are proud to partner with the Instituto Nacional de Antropología e Historia (INAH) to help preserve the city’s cultural heritage, as part of our Community program. 

Over 10,000 archaeological pieces from the San Juan de Ulúa Museum have been digitally registered since the beginning of this initiative in 2015, fostering access for researchers and the general public, both in Mexico and worldwide. This project extends beyond preservation, embracing innovation with 3D representation and augmented reality at the museum. 

Join us in sharing the rich cultural heritage of Veracruz with the world!

Learn more about this initiative: https://bit.ly/47QOcWN

#TenarisAroundTheWorld #TenarisInMexico #Community

We have just completed the remodel of another floor of our offices in📍Buenos Aires, Argentina  🇦🇷  now featuring an open-space layout with flexible workspaces that encourage collaboration, creativity, and communication.
 
Take a sneak peek of our 27th floor. 
 
🌎 Learn more about Tenaris’s global office redesign project https://bit.ly/4906ZQB
 
#NewWayOfWorking #TenarisAroundTheWorld #TenarisInArgentina

	Dec '13	Dec '14	Dec '15	Dec '16	Dec '17	Dec '18	Dec '19	Dec '20	Dec '21	Dec '22	Dec '23
revenue	10.60B -	10.34B 2.44%	7.10B 31.31%	4.29B 39.53%	5.29B 23.17%	7.66B 44.82%	7.29B 4.76%	5.15B 29.44%	6.52B 26.71%	11.76B 80.37%	14.87B 26.41%
cost of revenue	6.46B -	6.29B 2.62%	4.89B 22.30%	3.17B 35.20%	3.69B 16.41%	5.28B 43.26%	5.11B 3.25%	4.09B 19.97%	4.61B 12.83%	7.09B 53.69%	8.67B 22.31%
gross profit	4.14B -	4.05B 2.16%	2.22B 45.30%	1.13B 49.09%	1.60B 42.16%	2.38B 48.39%	2.19B 8.10%	1.06B 51.55%	1.91B 80.25%	4.67B 144.80%	6.20B 32.63%
selling and marketing expenses	600.24M -	598.14M 0.35%	351.66M 41.21%	243.40M 30.78%	339.76M 39.59%	491.56M 44.68%	441.44M 10.19%	310.81M 29.59%	415.89M 33.81%	641.81M 54.32%	696.71M 8.55%
general and administrative expenses	882.22M -	911.01M 3.26%	830.06M 8.89%	609.33M 26.59%	654.66M 7.44%	698.42M 6.68%	725.29M 3.85%	601.74M 17.03%	588.85M 2.14%	754.09M 28.06%	927.43M 22.99%
selling general and administrative expenses	1.48B -	1.51B 1.80%	1.62B 7.63%	1.20B 26.31%	994.42M 16.92%	1.19B 19.67%	1.17B 1.95%	912.56M 21.79%	1.00B 10.10%	1.40B 38.93%	1.62B 16.35%
research and development expenses							61.10M -	41.80M 31.59%	45.30M 8.37%	50.70M 11.92%
other expenses	3.49M -	4.04M 15.66%	6.46M 59.91%	4.85M 24.91%	4.33M 10.86%	4.91M 13.50%	181.32M 3,593.73%	180.04M 0.71%	138.89M 22.85%	301.55M 117.11%	4.70M 98.44%
cost and expenses	8.39B -	8.23B 1.99%	6.91B 16.07%	4.35B 36.97%	4.95B 13.70%	6.78B 37.00%	6.46B 4.79%	5.18B 19.76%	5.76B 11.11%	8.79B 52.65%	10.59B 20.60%
operating expenses	1.94B -	1.94B 0.12%	2.02B 4.15%	1.19B 41.25%	1.26B 6.48%	1.50B 18.76%	1.35B 10.19%	1.09B 18.95%	1.14B 4.67%	1.70B 48.43%	1.93B 13.44%
interest expense	70.45M -	44.39M 36.99%	23.06M 48.05%	22.33M 3.16%	27.07M 21.24%	36.94M 36.46%	43.38M 17.43%	27.01M 37.73%	23.68M 12.35%	45.94M 94.03%	106.86M 132.61%
ebitda	2.86B -	2.83B 1.08%	851.92M 69.91%	719.17M 15.58%	1.07B 49.16%	1.78B 66.19%	1.51B 15.21%	779.96M 48.40%	1.92B 145.60%	3.85B 101.23%	5.02B 30.18%
operating income	2.18B -	1.90B 13.09%	195.43M 89.71%	-59.06M 130.22%	334.59M 666.55%	871.81M 160.56%	832.39M 4.52%	101.15M 87.85%	1.32B 1,205.82%	2.96B 124.34%	4.32B 45.66%
depreciation and amortization	610.05M -	615.63M 0.91%	658.78M 7.01%	662.41M 0.55%	608.64M 8.12%	664.36M 9.15%	679.23M 2.24%	678.81M 0.06%	594.72M 12.39%	891.57M 49.91%	548.51M 38.48%
total other income expenses net	70.00M -	-146.27M 308.95%	-39.56M 72.95%	71.53M 280.83%	111.19M 55.44%	220.56M 98.36%	101.32M 54.06%	-720.42M 811.04%	-78.13M 89.16%	202.66M 359.40%	358.52M 76.90%
income before tax	2.20B -	1.95B 11.36%	170.08M 91.29%	34.43M 79.76%	427.71M 1,142.26%	1.10B 157.91%	933.71M 15.36%	-619.27M 166.32%	1.24B 300.68%	3.17B 154.75%	4.63B 46.33%
income tax expense	627.88M -	586.06M 6.66%	244.50M 58.28%	17.10M 93.01%	-17.14M 200.20%	229.21M 1,437.58%	202.45M 11.67%	23.15M 88.57%	189.45M 718.35%	617.24M 225.81%	674.96M 9.35%
net income	1.55B -	1.34B 13.42%	-80.16M 105.97%	55.30M 168.98%	544.74M 885.09%	876.06M 60.82%	742.69M 15.22%	-642.42M 186.50%	1.10B 271.26%	2.55B 132.08%	3.92B 53.45%
weighted average shs out	1.18B -	1.18B 0%	1.18B 0%	1.18B 0%	1.18B 0.00%	1.18B 0.00%	1.18B 0.00%	1.18B 0.00%	1.18B 0%	1.18B 0%
weighted average shs out dil	1.18B -	1.18B 0%	1.18B 0%	1.18B 0%	1.18B 0.00%	1.18B 0.00%	1.18B 0.00%	1.18B 0.00%	1.18B 0%	1.18B 0%
eps	1.31 -	0.98 25.19%	-0.07 106.93%	0.05 173.64%	0.46 820.00%	0.74 60.87%	0.63 14.86%	-0.54 185.71%	0.93 272.22%	2.16 132.26%
epsdiluted	1.31 -	0.98 25.19%	-0.07 106.93%	0.05 173.64%	0.46 820.00%	0.74 60.87%	0.63 14.86%	-0.54 185.71%	0.93 272.22%	2.16 132.26%

NYSE:TS

Tenaris S.A.

Last Close

16.07

17/05 15:39

Volume Today

2.01M

Avg: 2.31M

PE Ratio

5.16

PFCF: 5.29

Dividend Yield

3.44%

Payout:16.74%