Tenaris S.A. (TS) could be a solid addition to your portfolio given its recent upgrade to a Zacks Rank #2 (Buy). An upward trend in earnings estimates -- one of the most powerful forces impacting stock prices -- has triggered this rating change.The sole determinant of the Zacks rating is a company's changing earnings picture. The Zacks Consensus Estimate -- the consensus of EPS estimates from the sell-side analysts covering the stock -- for the current and following years is tracked by the system.Since a ch ...

Tenaris S.A. (TS) shares soared 6.3% in the last trading session to close at $32.65. The move was backed by solid volume with far more shares changing hands than in a normal session. This compares to the stock's 16.3% loss over the past four weeks.TS's shares surged on a broad-based rally, triggered by President Trump’s announcement of a 90-day suspension of reciprocal tariffs for most countries.This company is expected to post quarterly earnings of $0.79 per share in its upcoming report, which represents a ...

The following documents will also be available on Tenaris's website at ir.tenaris.com upon publication of the convening notice: LUXEMBOURG, April 01, 2025 (GLOBE NEWSWIRE) -- Tenaris S.A. (NYSE and Mexico: TS and EXM Italy: TEN) filed today its 2024 Annual Report / Annual Report on Form 20-F, with the Luxembourg Stock Exchange, with the U.S. Securities and Exchange Commission (SEC), and with the other securities regulators of the markets where its securities are listed. The 2024 Annual Report (which include ...

Financial Performance - For the year, Tenaris reported EBITDA of $3.1 billion, net income of $2.1 billion, and net sales of $12.5 billion, with free cash flow of $2.2 billion distributed to shareholders through dividends and share buybacks [23]. - The company proposed a 38% increase in the annual dividend per share compared to the previous year, while maintaining a net cash position of $3.6 billion [23]. - The company’s dividend payments depend on the operational results and financial condition of its subsidiaries, which could be restricted by legal or contractual limitations [131]. - The company’s ability to pay dividends is subject to Luxembourg law, which requires dividends to be paid out of net profits and retained earnings [133]. Operational Developments - Tenaris has strengthened its service differentiation in North America, providing 24/7 digital well integrity solutions and extending its range of Wedge Series 400™ connections [24]. - The company completed several investments aimed at improving operational efficiency and reducing environmental impact, including new electric arc furnaces and modernization of facilities [30]. - Tenaris is advancing its target to reduce carbon emissions and is constructing a second wind farm in Argentina to increase renewable energy usage [32]. - Tenaris is expanding its Rig Direct services globally, integrating operations with customers to reduce costs and improve efficiency [155]. Market Position and Strategy - The company received the 2024 supplier of the year award from ExxonMobil for its supply chain integration efforts and has secured long-term agreements for US shale operations [25]. - Tenaris established a leading position in 20K projects in the US deepwater, with awards from Shell and BP for casing supply and product testing [26]. - The company consolidated its position in the Guyana-Suriname basin by supplying line pipe and insulation coating for Total's GranMorgu development [27]. - In Saudi Arabia, Tenaris won a tender for a major CCS pipeline and extended its long-term agreement with ADNOC in Abu Dhabi [28]. Regulatory and Environmental Challenges - The company faces increased regulatory requirements related to GHG emissions, including the EU Carbon Border Adjustment Mechanism adopted on May 17, 2023, which could affect demand for its products [56]. - The SEC adopted climate-related disclosure rules in March 2024, which would require expanded climate-related disclosures, although implementation was voluntarily stayed [57]. - The company is exposed to physical risks from climate change, including extreme weather events that could disrupt operations and financial results [61]. - The company faces regulatory uncertainties in Mexico due to recent constitutional reforms impacting energy supply and cost structure [80]. Economic and Geopolitical Factors - The company is significantly impacted by the volatility in international oil and gas prices, which affects sales and profitability [53]. - The United States imposed a 25% tariff on steel imports from all countries, effective early 2025, affecting market prices and supply chains [69]. - Argentina's new administration announced emergency measures in December 2023, including cuts in public spending and labor reforms, which may impact demand for the company's products [76]. - The Argentine peso has devalued by over 100% since December 2023, with a "crawling peg" policy in place, potentially affecting the company's financial condition [77]. Cybersecurity and Compliance - Cybersecurity threats have increased significantly, with a reported 2.75 times rise in human-operated ransomware attacks, highlighting vulnerabilities in the company's information systems [123]. - The company has implemented cybersecurity awareness campaigns and training programs to enhance resilience against cyber threats [125]. - The company does not currently maintain cybersecurity insurance, which may expose it to financial risks from cyber threats [128]. - The company is committed to compliance with anti-corruption laws, facing risks of investigations and penalties that could impact sales and profitability [107]. Production Capacity and Facilities - Tenaris's effective annual production capacity for seamless tubes is 4,677 thousand tons, with actual production at 3,229 thousand tons in 2023, reflecting a slight increase from 3,188 thousand tons in 2022 [175]. - The company acquired the global pipe coating business of Mattr at the end of 2023, enhancing its range of pipe coating technologies [152]. - The Bay City facility in Texas represents a $1.8 billion investment, featuring a seamless mill with a capacity of 757,000 tons per year [180]. - The company operates an integrated network of steel pipe manufacturing, research, finishing, and service facilities across the Americas, Europe, the Middle East, Asia, and Africa [141].

Based on the latest available data, TS has gained about 3.5% so far this year. Meanwhile, the Industrial Products sector has returned an average of -6.9% on a year-to-date basis. As we can see, Tenaris S.A. is performing better than its sector in the calendar year. Investors interested in Industrial Products stocks should always be looking to find the best-performing companies in the group. Has Tenaris S.A. (TS) been one of those stocks this year? By taking a look at the stock's year-to-date performance in ...

Analyst’s Disclosure: I/we have no stock, option or similar derivative position in any of the companies mentioned, but may initiate a beneficial Long position through a purchase of the stock, or the purchase of call options or similar derivatives in TS over the next 72 hours. I wrote this article myself, and it expresses my own opinions. I am not receiving compensation for it (other than from Seeking Alpha). I have no business relationship with any company whose stock is mentioned in this article. My articl ...

LUXEMBOURG, March 04, 2025 (GLOBE NEWSWIRE) -- Tenaris S.A. (NYSE and Mexico: TS and EXM Italy: TEN) ("Tenaris") announced today the completion of its USD700 million Share Buyback Program announced on November 10, 2024 (the "Program"). During the Program, which ran from November 11, 2024, to (and including) March 4, 2025, the Company purchased a total of 36,862,132 ordinary shares, representing 3.17% of the total issued share capital at the beginning of the Program, for a total consideration of €668,198,121 ...

Here at Zacks, we focus on our proven ranking system, which places an emphasis on earnings estimates and estimate revisions, to find winning stocks. But we also understand that investors develop their own strategies, so we are constantly looking at the latest trends in value, growth, and momentum to find strong companies for our readers.Of these, perhaps no stock market trend is more popular than value investing, which is a strategy that has proven to be successful in all sorts of market environments. Value ...

Financial Data and Key Metrics Changes - In Q4 2024, sales reached $2.8 billion, down 17% year-over-year and 2% sequentially, primarily due to lower volumes and average selling prices [4] - EBITDA for the quarter increased 6% sequentially to $726 million, with an EBITDA margin of 25.5% [4] - Net cash position decreased to $3.6 billion after dividend payments and share buybacks [6][11] - Free cash flow amounted to $2.2 billion, all distributed to shareholders through dividends and buybacks [11] Business Line Data and Key Metrics Changes - Average selling prices in the tubes operating segment decreased by 7% year-over-year and 1% sequentially [5] - EBITDA, excluding one-off effects, declined 4% sequentially to $659 million with a margin of 23% [5] Market Data and Key Metrics Changes - In North America, consolidation among major shale operators continued, with Tenaris strengthening service differentiation [12] - Sales in Mexico were affected by a steep decline in drilling activity due to Pemex's financial difficulties [16] - In Argentina, drilling activity in Vaca Muerta is ramping up, with pipeline investments expected to increase [17] Company Strategy and Development Direction - Tenaris aims to improve industrial efficiency and reduce environmental footprint through various investments [9] - The company is focusing on expanding its capabilities in the energy sector, particularly in Argentina and North America [12][17] - Investments include new electrical furnaces and wind farms to enhance renewable energy usage [18][20] Management's Comments on Operating Environment and Future Outlook - Management expressed optimism about the energy sector's development in Argentina, anticipating increased rig activity and pipeline construction [33] - The company is preparing for potential changes in U.S. tariffs and their impact on pricing and market dynamics [46][60] - Management acknowledged the uncertainty in the geopolitical landscape and its potential effects on the market [20][21] Other Important Information - The Board proposed an annual dividend of $0.83 per share, a 38% increase from the previous year [6][11] - A tragic accident at the main plant in Argentina resulted in the loss of two employees, prompting a renewed focus on safety [9] Q&A Session Summary Question: Impact of U.S. tariffs on OCTG pricing and import trends - Management expects the introduction of 25% tariffs to gradually increase prices in the U.S. market, supporting domestic industry [26][27] Question: Growth prospects in Argentina's energy sector - Management is positive about increased investment and rig activity in Vaca Muerta, with expectations of a significant rise in operational rigs [33][34] Question: Sales and margins outlook for Q1 2025 - Management anticipates margins in Q1 2025 to be in line with Q4 2024, influenced by reduced volumes to Europe and price increases in the U.S. [44][46] Question: Share buyback program and potential acquisitions - The decision on the new buyback program will be made by the Board in April, considering market conditions and investment opportunities [50][60] Question: Activity recovery in Mexico - Management noted an unprecedented reduction in Pemex's production and rig count, expecting a policy reset in the second half of 2025 [63][66] Question: Supply-demand dynamics in North America - Management indicated a balanced supply-demand situation, with reduced imports and stable inventory levels [75][80] Question: Positioning in Saudi Arabia and the Middle East - Management highlighted stable drilling activity in the Middle East, particularly in gas, while noting uneven dynamics in oil production [88][92]

For the quarter ended December 2024, Tenaris S.A. (TS) reported revenue of $2.85 billion, down 16.7% over the same period last year. EPS came in at $0.94, compared to $1.92 in the year-ago quarter.The reported revenue compares to the Zacks Consensus Estimate of $2.7 billion, representing a surprise of +5.45%. The company delivered an EPS surprise of +32.39%, with the consensus EPS estimate being $0.71.While investors scrutinize revenue and earnings changes year-over-year and how they compare with Wall Stree ...