Company Tenaris S.A.

Equities

TEN

LU2598331598

Oil Related Services and Equipment

Market Closed - Borsa Italiana 11:44:59 2024-04-19 am EDT 5-day change 1st Jan Change
17.7 EUR -0.95% Intraday chart for Tenaris S.A. -3.93% +12.42%

Business Summary

Tenaris S.A. is the world's No. 1 producer of steel pipes used in the oil and gas industries. Net sales break down by activity as follows:

- production of pipes (94.6%): unwelded steel pipes (3,146 KT sold in 2021 and welded steel pipes (387 KT sold) primarily for drilling activities. The group also offers accessory products (tubing products, surface coatings, etc.) as well as installation, assembly, logistical support, etc.;

- other (5.4%): primarily manufacturing of ducts for the transportation of oil and gas fluids.

Net sales are distributed geographically as follows: Europe (8.5%), North America (58.7%), South America (21.7%), Middle East and Africa (8.8%) and Asia/Pacific (2.3%).

Number of employees: 29,134

Sales per Business

EUR in Million2022Weight2023Weight Delta
Tubes
95.4 %
10,593 94.6 % 13,121 95.4 % +23.86%
Other
4.6 %
599 5.4 % 633 4.6 % +5.54%

Sales per region

EUR in Million2022Weight2023Weight Delta
United States
39.0 %
4,701 42.0 % 5,364 39.0 % +14.11%
Asia Pacific, Middle East and Africa
17.1 %
-- 2,355 17.1 % -
Argentina
15.0 %
1,455 13.0 % 2,063 15.0 % +41.79%
North America
13.2 %
748 6.7 % 1,819 13.2 % +143.10%
Europe
7.9 %
952 8.5 % 1,087 7.9 % +14.19%
South America
7.7 %
972 8.7 % 1,066 7.7 % +9.67%

Managers

Managers TitleAgeSince
Chief Executive Officer 70 02-10-21
Director of Finance/CFO 66 09-12-31
Chief Operating Officer 51 -
Chief Tech/Sci/R&D Officer 61 10-03-31
Chief Tech/Sci/R&D Officer 58 89-12-31
Director/Board Member 74 02-12-15
Director/Board Member 73 02-12-15
Director/Board Member 62 05-12-31
Director/Board Member 73 02-10-21
Investor Relations Contact - -

Members of the board

Members of the board TitleAgeSince
Director/Board Member 70 -
Director/Board Member 73 02-10-21
Director/Board Member 62 05-12-31
Director/Board Member 76 02-12-15
Chief Executive Officer 70 02-10-21
Director/Board Member 75 02-12-15
Director/Board Member 73 02-12-15
Director/Board Member 74 02-12-15
Corporate Officer/Principal 56 01-12-31
Director/Board Member 48 -

Share class

VoteQuantityFree-FloatCompany-owned sharesTotal Float
Stock A 1 1,180,536,830 465,195,255 ( 39.41 %) 12,648,091 ( 1.071 %) 39.41 %

Shareholders

NameEquities%Valuation
713,605,187 60.45 % 14 115 M €
MFS International (UK) Ltd.
0.3564 %
4,207,879 0.3564 % 83 M €
Eurizon Capital SGR SpA
0.2960 %
3,494,251 0.2960 % 69 M €
AzValor Asset Management SGIIC SA
0.2600 %
3,068,841 0.2600 % 61 M €
Mediolanum Gestione Fondi SGRpA
0.2575 %
3,040,178 0.2575 % 60 M €
Mensarius AG
0.2511 %
2,964,605 0.2511 % 59 M €
Union Investment Privatfonds GmbH
0.1809 %
2,135,918 0.1809 % 42 M €
Fideuram Asset Management SGR SpA
0.1439 %
1,698,820 0.1439 % 34 M €
Amundi Asset Management SA (Investment Management)
0.1210 %
1,428,335 0.1210 % 28 M €
Azimut Capital Management SGR SpA
0.1203 %
1,420,309 0.1203 % 28 M €
NameEquities%Valuation
Westwood Global Investments LLC
1.484 %
8,761,906 1.484 % 344 M €
Orbis Investment Management Ltd.
1.279 %
7,548,296 1.279 % 296 M €
Van Eck Associates Corp.
0.5546 %
3,273,569 0.5546 % 129 M €
J.O. Hambro Capital Management Ltd.
0.5121 %
3,022,738 0.5121 % 119 M €
Fidelity Management & Research Co. LLC
0.5078 %
2,997,603 0.5078 % 118 M €
Millennium Management LLC
0.4461 %
2,633,388 0.4461 % 103 M €
Balyasny Asset Management LP
0.4364 %
2,576,096 0.4364 % 101 M €
Harding Loevner LP
0.3833 %
2,262,621 0.3833 % 89 M €
Arrowstreet Capital LP
0.3462 %
2,043,506 0.3462 % 80 M €
T. Rowe Price International Ltd.
0.2924 %
1,725,794 0.2924 % 68 M €

Holdings

NameEquities%Valuation
229,713,194 11.46% 956,066,313 $
1,283,203 0.23% 2,566,124 $

Company contact information

Tenaris SA

26, Boulevard Royal 4th Floor

2449, Luxembourg

+352 26 478 978

http://www.tenaris.com
address Tenaris S.A.(TEN)

Group companies

NameCategory and Sector
Steel
Steel
Tenaris Financial Services SA
Steel
Tenaris Investments Switzerland AG
Financial Conglomerates