Tengri Share Discussion Threads

[waldron] 18/12/2024 01:39

VALLOUREC

Oddo BHF reiterates its ‘outperform217; recommendation on the share and its target of
21.7. This sale was expected and will strengthen the return to shareholders.

At the time of publication of its publication of Q3, a sharp improvement in sentiment among distributors in the in the North American market (where the Group sells locally produced locally produced tubes, so any increase in customs duties will have no effect on the Group).


The stock is trading at a 25% discount to Tenaris, which the broker believes is unjustified. The next catalyst is the end of the lock-up by ArcelorMittal (main shareholder with with 28.4% of the capital), which will take place on 6 February 2025...

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BOURSIER

[adrian j boris] 30/11/2024 16:19

Interim Dividend Payment

Our board of directors approved the payment of an interim dividend of $0.27 per share ($0.54 per ADS), or approximately $300 million, according to the following timetable:

Payment date: November 20, 2024

Record date: November 19, 2024

Ex-dividend for securities listed in Europe: November 18, 2024

Ex-dividend for securities listed in the United States and Mexico: November 19, 2024

[ariane] 30/11/2024 09:46

.
Tenaris S.A. TEN

Dividend Summary

The next Tenaris S.A. dividend is expected to go ex in 6 months and to be paid in 6 months.

The previous Tenaris S.A. dividend was 27c and it went ex 12 days ago and it was paid 10 days ago.

There are typically 2 dividends per year (excluding specials), and the dividend cover is approximately 1.8.

[waldron] 25/11/2024 13:03

Upcoming events on Tenaris S.A.

18/02/2025 Q4 2024 Earnings Release (Projected)

22/04/2025 Q1 2025 Earnings Release (Projected)

29/07/2025 Q2 2025 Earnings Release (Projected)

28/10/2025 Q3 2025 Earnings Release (Projected)

Past events on Tenaris S.A
.
17/11/2024 Détachement de for dividende intermédiaire

[waldron] 25/11/2024 12:47

Analysts' Consensus

Mean consensus
OUTPERFORM

Number of Analysts
11

Last Close Price
18.58USD

Average target price
20.08USD

Spread / Average Target
+8.08%

[waldron] 18/11/2024 21:17

Vallourec: shares climb after two positive analyses

November 18, 2024 at 17:32

Vallourec shares ended the day up nearly 4% on the back of several positive analyses.

Bank of America Global Research reiterates its ‘buy’ recommendation and €20 price target on Vallourec, forecasting a stronger end to the year with updated estimates for the fourth quarter of 2024.

According to BofA, Vallourec's share price can recover its recent underperformance against its Tenaris peer in the short term, ‘before further outperforming next year on the declaration of its first dividend in over 10 years’.

Oddo BHF is also reiterating its ‘outperform217; rating and €21.7 price target on Vallourec, despite adjusting its 2024-26 EBITDA expectations downwards (-3% on average) following the seamless tube maker's quarterly results last Friday.

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Despite a year-to-date performance of close to 16%, Vallourec is still trading at a 30% discount (in terms of EV/EBITDA 2025) to its main peer Tenaris,’ points out the analyst in charge of the stock.

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Oddo BHF also points out that ‘Vallourec is deleveraging faster than expected (eight consecutive quarters of net debt reduction), enabling it to initiate its first return to shareholders (via a dividend) in 10 years’.

CercleFinance.com.

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[waldron] 17/11/2024 20:58

Ex-div date 18 Nov 2024 (Mon)

Pay date 20 Nov 2024 (Wed)

[maywillow] 12/11/2024 08:52

Tenaris SA

17.64 EUR +0.095 (0.54%)

Nov 12, 09:47 GMT+1



Mkt cap
20.87B

P/E ratio
8.24

Div yield
3.51%

CDP score
B

52-wk high
18.72

52-wk low
12.05

[misca2] 11/11/2024 12:38

Tenaris
17.555 +1.86%

[florenceorbis] 08/11/2024 07:55

Tenaris SA

17.31 EUR 0.00 (0.00%)

Nov 7, 17:39 GMT+1


Mkt cap
20.74B

P/E ratio
7.91

Div yield
3.19%

CDP score
B

52-wk high
18.72

52-wk low
12.05

[florenceorbis] 08/11/2024 07:51

Latest Dividends

Summary Previous dividend Next dividend

Status Paid Declared

Type Final Interim

Per share 36.964¢ (40c) 25.006¢ (27c)

Declaration date 22 Feb 2024 (Thu) 07 Nov 2024 (Thu)

Ex-div date 20 May 2024 (Mon) 18 Nov 2024 (Mon)

Pay date 22 May 2024 (Wed) 20 Nov 2024 (Wed)

[waldron] 14/5/2024 04:26

APPARENTLY NO TURNAROUND IN SIGHT YET

PERHAPS EARLY DAYS

[ariane] 21/1/2024 20:25

Latest Dividends

Summary Previous dividend Next dividend

Status Paid Forecast

Type Interim Final

Per share 18.374¢ (20c) Sign Up Required

Declaration date 02 Nov 2023 (Thu) 14 Feb 2024 (Wed)

Ex-div date 20 Nov 2023 (Mon) 20 May 2024 (Mon)

Pay date 22 Nov 2023 (Wed) 22 May 2024 (Wed)

[ariane] 21/1/2024 20:23

Tenaris’ Texas facility becomes first U.S. pipe manufacturing plant to receive LEED certification


January 21, 2024

(WO) – Tenaris’s Bay City, Texas, plant has received Leadership in Energy and Environmental Design (LEED) certification – the first pipe manufacturing facility in the United States to achieve this designation. The seamless mill was the company’s first green field project in the United States and was designed and built according to the most stringent environmental and safety standards.

Achieving LEED certification for an industrial process and facility is uncommon. The United States Green Building Council (USGBC), a leader in green building, has recorded less than 10 LEED-certified industrial projects in the States since 2010, with Tenaris’s Bay City mill the newest to join these ranks.

The USGBC rating system for Building Design and Construction (BD+C) evaluates projects in five categories: sustainable sites, water efficiency, energy and atmosphere, material and resources, and indoor environmental quality. Tenaris obtained 44 points with zero denied, earning a clean sheet in terms of credits acquired.

“This is an incredible achievement that speaks to the breadth of our commitment to incorporate the principles of sustainability into the areas our employees work to offer spaces that are safe and support an overall healthy environment, are highly efficient, and cost effective,” said Luca Zanotti, Tenaris US President.

The LEED certification of the mill encompassed a 1.35 million square foot area of the industrial site, including each stage of the manufacturing process: the hot rolling mill, the heat treatment and finishing.

A critical component of achieving LEED certification for industrial projects is demonstrating significant energy savings compared to similar facilities. Given intellectual property restrictions, data from other steel pipe manufacturers were not available for comparisons. Tenaris utilized comparable facilities within its own network with similar processes as a base. An analysis of Tenaris’s Bay City mill over a year’s time registered an average energy use reduction of about 54% over comparable lines from two of its mills in Veracruz, Mexico.

To determine the rate of consumption, the team had to track pipe production over 12 months, sorting like pipe diameters in Bay City to two other lines in Mexico, to analyze the electrical and gas use for the facility and determine an energy use metric for both gas and electricity to then define a specific rate of consumption per ton per facility. Tenaris’s third pipe mill in Veracruz was the first among the company’s network to obtain LEED certification in December 2012.

The Bay City mill recycles 95% of the water it uses for its industrial processes. Considering water used outside of its manufacturing process, the facility has reduced its water consumption by 35% versus baseline standards. About 38% of the materials used in the industrial building are of recycled material and about 96% of the materials used in the building were sourced locally, reducing environmental impacts associated with the transport of the materials.

Every single contractor that Tenaris has partnered with to work on its Bay City mill has been required to track and report information such as the origin of materials, quantity of the materials, the recycled content, have established waste management plans, indoor air quality management plans and more. Over the course of its four-year construction period, Tenaris trained approximately 20,000 people that took part in the Bay City mill project.

“This was a painstaking, multi-team effort over the course of 10 years. Our experts meticulously reviewed, tracked, organized, and reported on thousands and thousands of lines of data, translating into 5,000 man-hours for the certification. We are talking about every nut and bolt, paint, adhesive, light fixture and beyond were considered, calculated, and tracked to ensure it met LEED standards,” added Zanotti.

In the spring and summer of 2023, Tenaris obtained LEED Silver certification for the Bay City administrative building, its quality lab, and data center.

The $1.8 billion dollar investment is the most technologically advanced pipe manufacturing facility in North America and is the first mill US seamless pipe mill categorized by the Environmental Protection Agency as a minor source of emissions.


Connect with World Oil, the upstream industry's most trusted source of forecast data, industry trends, and insights into operational and technological advances.

[waldron] 05/12/2023 12:02

Tenaris S.A. : After the accumulation, an upward acceleration ?

December 05, 2023 at 10:58 am

By The editorial team


Entry price Target Stop-loss Potential

€15.98 €18.15 €14.70 +13.62%

There has been very little movement in Tenaris S.A.'s share price. This situation is bound to change. An exit on the upside out of the current trading range should go with a comeback in volatility. Therefore, the timing for new long positions seems good.

Summary

● The company has strong fundamentals. More than 70% of companies have a lower mix of growth, profitability, debt and visibility.

● Overall, and from a short-term perspective, the company presents an interesting fundamental situation.

● The company has a good ESG score relative to its sector, according to Refinitiv.

Strengths

● The company's EBITDA/Sales ratio is relatively high and results in high margins before depreciation, amortization and taxes.

● Margins returned by the company are among the highest on the stock exchange list. Its core activity clears big profits.

● Thanks to a sound financial situation, the firm has significant leeway for investment.

● Its low valuation, with P/E ratio at 5.49 and 7.32 for the ongoing fiscal year and 2024 respectively, makes the stock pretty attractive with regard to earnings multiples.

● Given the positive cash flows generated by its business, the company's valuation level is an asset.

● For the last twelve months, analysts have been gradually revising upwards their EPS forecast for the upcoming fiscal year.

Weaknesses

● According to Standard & Poor's' forecast, revenue growth prospects are expected to be very low for the next fiscal years.

● The potential for earnings per share (EPS) growth in the coming years appears limited according to current analyst estimates.

● For the last four months, the sales outlook for the coming years has been revised downwards. No recovery of the group's activities is yet foreseen.


MarketScreener

[ariane] 17/11/2023 10:39

Borsa Italiana 05:35:33 2023-11-17 am EST


Tenaris S.A.




15.59 EUR +0.71%

[adrian j boris] 06/11/2023 07:33

Tenaris kicks off USD1.2 billion buyback plan
November 06, 2023 at 01:56 am EST


(Alliance News) - Tenaris SA said it has appointed a bank to manage the USD1.2 billion share buyback program announced Nov. 1.

The first tranche of the program starts today and will end by Feb. 9, 2024. Ordinary shares purchased under the program will be cancelled "in due course," the company explained.

Tenatis' stock closed Friday down 0.2 percent at EUR16.32 per share.

By Giuseppe Fabio Ciccomascolo, Alliance News senior reporter

Comments and questions to [e-mail]

[ariane] 05/11/2023 19:03

Latest Dividends

Summary Previous dividend Next dividend

Status Paid Declared

Type Final Interim

Per share 31.627¢ (34c) 18.629¢ (20c)

Declaration date 15 Feb 2023 (Wed) 02 Nov 2023 (Thu)

Ex-div date 22 May 2023 (Mon) 20 Nov 2023 (Mon)

Pay date 24 May 2023 (Wed) 22 Nov 2023 (Wed)

[ariane] 05/11/2023 19:00

Borsa Italiana 17:44:59 03/11/2023


16,32 EUR -0,26%

[grupo] 19/8/2023 20:21

Upcoming events on Tenaris S.A.


31/10/2023 Q3 2023 Earnings Release

01/11/2023 Q3 2023 Earnings Call

[sarkasm] 07/8/2023 09:16

Borsa Italiana - 0:15:14 2023-08-07 am


14.89 EUR -0.43%