BNET Industries

Tenaris S.A.

TS is in the Manufacturing Industry

Market Cap:$24.4B
Last Fiscal Year Sales:$10.0B
  • Public
  • LU
Dow Jones Description

Success is Seamless for Tenaris. Tenaris S.A. (NYSE:TS; Buenos Aires: TEN) makes seamless steel pipes for the oil and gas industry; for process and power plants and for industrial and automotive applications. The company is also a regional supplier of welded steel pipes, casings, tubing and line pipe for oil and gas industry in South America. With its subsidiaries extending through South America, Japan, Mexico and Romania, the company's distribution network extends across 20 countries. Founded in 1909 and based in Luxembourg, the company has revenue of $6.7 billion and employs about 16,500 people. In January 2006 the company completed the acquisition of the welded pipe assets and facilities of Acindar Industria Argentina de Aceros S.A. (Acindar) located in Villa Constitucion, Santa Fe, for $28 million. In May 2005 the company completed the acquisition of a 97% shareholding in Donasid S.A, a Romanian steel producer, for approximately $45 million.

Number of Employees 23,372
Contact Information

46 A Ave John F Kennedy

Luxembourg

tenaris.com

(352) 26478978

NAICS Code All Other Petroleum and Coal Products Manufacturing: 324199

Recent Events

  • Steelmaker Tenaris to pay early cash dividend of $153 mln

    11/18/09 - Stock Split / Dividend - View Story

  • Goldman Sachs Lifts Price Target On Tenaris SA TS to $54

    11/16/09 - Bond / Stock Rating - View Story

  • Tenaris Announces 2009 Third Quarter Results

    11/05/09 - Financial Announcement - View Story

  • Tenaris TS Trades To New High On Goldman Upgrade

    10/20/09 - Bond / Stock Rating - View Story

  • Goldman Sachs Upgrades Tenaris SA TS to Conviction Buy; Downgrades Weatherford WFT

    10/20/09 - Bond / Stock Rating - View Story

  • Brazil, Argentina higher in post-holiday trading

    10/13/09 - Bond / Stock Rating - View Story

  • General News:Top producer of seamless steel pipes, Tenaris, sees oil companies restarting projects

    9/08/09 - Financial Announcement - View Story

  • Shareholders Approve All Resolutions on the Agenda of Tenaris's

    6/03/09 - Stock Split / Dividend - View Story

News & Analysis

tenaris s.a. - All News and Analysis

  • Fitch Ratings Affirms Tenaris' IDR at 'A-'

    - 2008-10-31

    CHICAGO -- Fitch Ratings has affirmed the 'A-' Issuer Default Rating IDR of Tenaris S.A. Tenaris. The Rating Outlook is Stable. Tenaris, a Luxembourg-based holding company, is a leading supplier of steel pipes products and related services for the global energy industry with operations throughout the world. The rating...

    Tags: Techint Group, Tenaris S.A.

  • Tenaris to Expand Production Capacity

    - 2008-09-02

    Tenaris S.A. (NYSE: TS) (BAE: TS) (MXSE: TS) (MILAN: TEN) ("Tenaris") announced today that it plans to increase its production capacity by installing a state-of-the-art small diameter rolling mill up to 7" with an annual production capacity of 450,000 tons of seamless pipes at its industrial facilities located in Veracruz,...

    Tags: Tenaris S.A.

  • Tenaris Confirms Dividend Payment and Election of Directors

    - 2008-06-04

    Tenaris S.A. (NYSE: TS) (BAE: TS) (MXSE: TS) (MILAN: TEN), in its annual general shareholders meeting today, approved the consolidated financial statements and the report and accounts of the Company for the year ended December 31, 2007, as well as the payment of an annual dividend of US$0.38 per share,...

    Tags: Tenaris S.A.

  • Tenaris Announces 2008 First Quarter Results

    - 2008-05-06

    Tenaris S.A. (NYSE: TS) (BAE: TS) (MXSE: TS) (MILAN: TEN) ("Tenaris") today announced its results for the quarter ended March 31, 2008 with comparison to its results for the quarter ended March 31, 2007. Summary of 2008 First Quarter Results (Comparison with fourth and first quarters of 2007)...

    Tags: Tenaris S.A.

  • Tenaris Announces 2007 Fourth Quarter and Annual Results

    - 2008-02-27

    Tenaris S.A. (NYSE: TS) (BAE: TS) (MXSE: TS) (MILAN: TEN) ("Tenaris") today announced its results for the fourth quarter and year ended December 31, 2007 with comparison to its results for the fourth quarter and year ended December 31, 2006. Summary of 2007 Fourth Quarter Results (Comparison with...

    Tags: Tenaris S.A.

  • Tenaris Provides Information Required Under New Luxembourg Transparency Legislation

    - 2008-02-19

    Tenaris S.A. (NYSE: TS) (BAE: TS) (MXSE: TS) (MILAN: TEN), pursuant to recently enacted Luxembourg legislation implementing the EU Transparency Directive, reminds investors that as of the date hereof the number of issued shares of its capital is 1,180,536,830 ordinary shares, par value U.S. $1.00 per share, each entitling the...

    Tags: Tenaris S.A.

  • Progressive Following on Tenaris SA.

    - 2008-01-29

    M2 PRESSWIRE-29 January 2008-The Street Corner: Progressive Following on Tenaris SAC1994-2008 M2 COMMUNICATIONS LTD RDATE:29012008 Stocks were up for a third straight day Friday, following Microsoft's bright forecast and profit earnings that proved to be better than expected. Investors were also...

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  • Tenaris to Sell Hydril Pressure Control Business to GE

    - 2008-01-28

    Tenaris S.A. (NYSE: TS) (BAE: TS) (MXSE: TS) (MILAN: TEN) announced today that it has entered into an agreement with General Electric Company GE, pursuant to which it will sell the pressure control business acquired as part of the Hydril transaction to GE for an amount equivalent on a debt-free...

    Tags: General Electric Co., Tenaris S.A.

  • Has added Tenaris S.A. to their watch list.

    - 2008-01-28

    M2 PRESSWIRE-28 January 2008-The Maybach Review: Has added Tenaris S.A. to their watch listC1994-2008 M2 COMMUNICATIONS LTD RDATE:28012008 Maybach Financial is a syndicate of financial informants representing a true investing experience. Taking research from financial consultants, brokers, researchers, and conglomerates from...

    Tags: General Electric Co., Maybach Financial Group, Tenaris S.A.

  • Tenaris S.A. Under Progressive Review.

    - 2008-01-28

    M2 PRESSWIRE-28 January 2008-Market Review: Tenaris S.A. Under Progressive ReviewC1994-2008 M2 COMMUNICATIONS LTD RDATE:28012008 Stocks were up for a third straight day Friday, following Microsoft's bright forecast and profit earnings that proved to be better than expected. Investors were also being...

    Tags: Tenaris S.A.

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TS $41.41 +1.04 (2.58% )
Volume 1,736,970
Shares Outstanding 590.2M
Market Cap 24.4B
Year High 42.72
Year Low 14.82
Earnings Per Share 1.75
P/E Ratio 23.6629
Dividend 0.86
Yield 2.0768
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