Tenaris SA ADR

TS: XNYS (USA)

Morningstar Rating for Stocks	Fair Value	Economic Moat	Capital Allocation
	$76.00	Ctn	Prymxdzy

Tenaris Earnings: Headwinds in North America Spook Market; Our Outlook Remains Consistent

Joshua Aguilar ,

Aug 14, 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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To further protect the integrity of our editorial content, we keep a strict separation between our sales teams and authors to remove any pressure or influence on our analyses and research.

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