Chart - you can draw at the chart
Starting Amount
$
After
years
Dividend yield
%
Dividends reinvested
$
Tenaris S.A.
Type
Sociedad Anónima
Traded as BIT: TEN
NYSE: TS
BCBA: TS
BMV: TS
Industry Oilfield services
Founded 2001; 16 years ago (2001)
Headquarters Luxembourg City, Luxembourg
Key people
Paolo Rocca (Chairman and CEO)
Products Steel pipes for oil and gas, energy and automotive industries
Revenue Decrease US$ 4.3 billion (2016)
Profit Decrease US$ 59 million (2016)
Number of employees
19,399
Parent Techint
Website www.tenaris.com

Tenaris is a global manufacturer and supplier of steel pipes and related services, primarily for the energy industry with nearly 21,750 employees around the world. It is a majority-owned subsidiary company of the Techint Group, which has interests in steel, energy, engineering and construction and industrial equipment.

It is headquartered in Luxembourg and is also a supplier of welded steel pipes for gas pipelines in South America. With manufacturing facilities in Argentina, Brazil, Canada, China, Colombia, Italy, Japan, Mexico, Romania, and USA and a network of customer service centers in over 20 countries. Tenaris has an annual production capacity of 3.3 million tons of seamless, and 2.8 million tons of welded pipes, annual consolidated net sales in excess of US$12.1 billion (2008) and 23,500 employees worldwide. In 2007 Tenaris bought Hydril and later split the premium connections from pressure control side of the business. The pressure control business was sold to GE Oil and Gas in April 2008.

The company's CEO is Paolo Rocca; its CFO is Edgardo G. Carlos, its CIO is Carlos Pappier and its Planning Director is Alejandro Lammertyn.

On 17 May 2011, Tenaris agreed to pay the US Department of Justice US$8.9 million in the first ever deferred prosecution agreement with the Securities and Exchange Commission.

A settlement was reached after Tenaris voluntarily disclosed details of illicit payments made to officials of an Uzbek state-controlled oil firm which were not properly recorded in the company's financial statements.

According to the Department of Justice, Tenaris paid bribes through local agents to obtain competitor’s bid information, which it used to submit revised bids in order to secure tenders.

An official at the Department of Justice said: "The company's immediate self-reporting, thorough internal investigation, full cooperation with SEC staff, enhanced anti-corruption procedures and enhanced training made it an appropriate candidate for the Enforcement Division's first Deferred Prosecution Agreement."

On December 24, 2013, over 100 disgruntled ex-employees of Tenaris Tamsa in Veracruz stormed the facilities and were attacked with sticks, pipes and stones by supporters of the worker's union, "Sindicato Union y Progreso", or SNUP. These workers had been dismissed by the company in 2012 for their violence after attempting to elect a new union leader, Jose Carlos Guevara Moreno, "El Profe". Pascual Lagunes Ochoa, who as of April 2016 remains as the union leader of SNUP, and often attends and speaks at public events. The ex-employees are currently in a legal battle against the company, having been denied their severance. They have also requested that he be audited by Hacienda, the tax collection branch of the government.


Investment goal date:
Dividends reinvested
Tenaris S.A. TS report Q3 2017
Period
Date
Adjusted Actuals EPS
GAAP EPS
Q1 2018
2018-04-30
--
--
Q4 2017
2018-02-23
--
--
Q4 2017
2018-02-20
--
--
Q3 2017
2017-11-02
0.1800
0.1800
Q3 2017
2017-11-01
0.0000
0.0000
Q2 2017
2017-08-03
0.1300
0.1300
Q1 2017
2017-04-27
0.1900
0.1900
Q4 2016
2017-02-24
0.0100
0.0400
Q3 2016
2016-11-03
0.0300
0.0100
Q2 2016
2016-08-03
-0.0200
-0.0500
Q1 2016
2016-04-28
0.0300
0.0200
Q4 2015
2016-02-25
-0.0800
-0.0800
Q3 2015
2015-11-05
0.0800
-0.6000
There is presents forecasts or rating agencies and recommendation for investors about this ticker
Funds
Fund Name
Ticker shares
Artisan Partners Limited Partnership
4688395
CARLSON CAPITAL L P
2112918
DISCOVERY CAPITAL MANAGEMENT, LLC / CT
1239788
FEDERATED INVESTORS INC /PA/
3014146
GOLDMAN SACHS GROUP INC
1336284
HARDING LOEVNER LP
14316816
Invesco Ltd.
3389828
Kiltearn Partners LLP
1386300
MACKENZIE FINANCIAL CORP
2110528
PRICE T ROWE ASSOCIATES INC /MD/
2289987
Ruffer LLP
3137174
VAN ECK ASSOCIATES CORP
3584733
WELLINGTON MANAGEMENT CO LLP
2717620
WELLS FARGO & CO/MN
1548753
Westwood Global Investments, LLC
7298392
Major Shareholders
Name Relationship
Total Shares
Holding stocks