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
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.