Tenaris S.A.

Tenaris S.A.

Tenaris S.A. (TS) is a global producer of steel pipes and related services, primarily for the oil & gas industry but also for industrial and infrastructure uses. With a market capitalisation around $18.6 billion, Tenaris operates manufacturing and service centres across the Americas, Europe, the Middle East and Asia, giving it geographic diversification and exposure to energy cycles. Revenues are driven by demand for tubular products, project timing in exploration and production, and prices for steel and energy. Investors should note the company’s sensitivity to oil prices, capital spending cycles, and foreign-exchange movements, which can make earnings volatile. Tenaris has historically returned cash via dividends and buybacks when cycles permit, but payments are not guaranteed. This summary is for educational purposes only and is not investment advice; values can rise or fall and past performance is not a reliable indicator of future results.

Why It's Moving

Tenaris S.A.

Tenaris Bolsters Supply Chain with Strategic Steel Recycling Yard Acquisition

Tenaris, the leading steel pipe maker, acquired a steel recycling yard in Koppel on December 8, signaling a push for vertical integration amid volatile energy markets. This move comes alongside ongoing share buybacks, underscoring confidence in long-term resilience despite recent sector headwinds.

Sentiment:
🐃Bullish
  • Acquired steel recycling yard in Koppel to enhance raw material control and cut costs in a high-demand oil and gas environment.
  • Active share buyback program continued December 1-5, repurchasing millions of shares to support shareholder value.
  • Analysts maintain 'Buy' rating with targets around $42, reflecting optimism on recession-resistant operations and strong margins.

Stock Performance Snapshot

Buy

Analyst Rating

Analysts recommend buying Tenaris stock as its price may rise towards $44.5.

Above Average

Financial Health

Tenaris S.A. is producing strong revenue and cash flow, showing good financial stability.

Average

Dividend

Tenaris S.A.'s projected dividend yield of 4.8% is decent for investors seeking regular income. If you invested $1000 you would be paid $48 a year in dividends (based on the last 12 months).

Source: Analyst sentiment is provided by Refinitiv Ltd, a global leader in financial market data with over 40k business clients. Refinitiv Ltd is an independent third party to Nemo. This is not advice.

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Why You’ll Want to Watch This Stock

📈

Energy market exposure

Tenaris’s fortunes are tied to oil & gas investment cycles, so rising exploration spending can boost sales — though revenues can fall when activity slows.

🌍

Global manufacturing footprint

A broad geographic presence spreads operational risk and access to markets, but also brings currency and geopolitical sensitivities investors should monitor.

Cyclicality & cash flow

Strong cash generation in upturns can fund dividends and buybacks, yet earnings are cyclical and past distributions do not guarantee future payments.

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