Tenaris SA ADR

TS: XNYS (USA)

Morningstar Rating for Stocks	Fair Value	Economic Moat	Capital Allocation
	$85.00	Pgct	Hqrjswjw

Tenaris Well Positioned to Deliver Strong 2024 Performance Amid Elevated Global Tubes Demand

Katherine Olexa

May 13, 2024

Business Strategy and Outlook

Tenaris is the largest provider of oil country tubular goods, the steel tubing used to construct oil and gas wells. It controls nearly half the global OCTG market, providing premium and nonpremium solutions for offshore and onshore applications.

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