TS

Tenaris

Energy Oil & Gas Equipment & Services NYSE

About the company

Tenaris, a multinational corporation headquartered in Luxembourg, has established itself as a leader in the global oil country tubular goods (OCTG) market. With production facilities strategically located in the United States, Argentina, Mexico, and Italy, the company has positioned itself to cater to the growing demand for OCTG products across various regions. As exploration and production companies continue to venture into challenging oil and gas fields, Tenaris' premium OCTG products have become highly sought after for their exceptional performance in extreme conditions. These products are renowned for their superior quality, durability, and ability to withstand the harsh environments associated with deep-water offshore operations and unconventional drilling techniques, such as horizontal shale wells. In deep-water offshore drilling, where depths can reach several thousand feet below the water surface, Tenaris' OCTG products play a critical role in ensuring the integrity and reliability of wellbore tubulars. The company's extensive experience in this sector has enabled it to develop innovative solutions that meet the demanding requirements of the industry. By incorporating advanced metallurgical technologies, proprietary steel grades, and rigorous quality control processes, Tenaris' premium OCTG products provide exceptional resistance to corrosive substances, high pressures, and extreme temperatures encountered in deep-water wells. Similarly, in the rapidly expanding field of horizontal shale drilling, Tenaris has emerged as a trusted partner for oil and gas companies seeking to maximize production efficiencies. With the advent of hydraulic fracturing technologies, the exploitation of shale reserves has revolutionized the energy industry. Tenaris' OCTG products are specifically designed to withstand the unique challenges posed by the demanding conditions present in these unconventional reservoirs. By leveraging its expertise in metallurgy and engineering, Tenaris has developed a range of specialized OCTG products for horizontal shale wells. These products are designed to enhance wellbore stability, optimize hydraulic fracturing operations, and maximize hydrocarbon recovery. Additionally, Tenaris offers a comprehensive suite of services, including pipe management, technical support, and field inspections, to assist operators in maximizing the performance of their wells. Tenaris' commitment to technological innovation and continuous improvement has facilitated the development of cutting-edge OCTG products that meet the ever-evolving demands of the oil and gas industry. The company invests significant resources in research and development to enhance its product offerings and introduce advancements that address industry challenges. This dedication to innovation has enabled Tenaris to maintain its position as a market leader and remain at the forefront of technological advancements in the OCTG sector. Furthermore, as a socially responsible corporation, Tenaris places utmost importance on sustainability and environmental stewardship. The company actively implements measures to minimize its ecological footprint and strives to improve energy efficiency in its manufacturing processes. By incorporating environmentally-friendly practices and collaborating with industry partners, Tenaris aims to contribute to a more sustainable energy future. In conclusion, Tenaris has emerged as a global leader in the production of premium OCTG products, catering to the varying needs of the oil and gas industry. The company's commitment to excellence, technological innovation, and environmental sustainability has solidified its reputation as a trusted partner for exploration and production companies worldwide. With its extensive product portfolio and unwavering focus on customer satisfaction, Tenaris continues to define industry standards while driving the evolution of the OCTG market.

Website: https://www.tenaris.com

Data updated: June 2, 2026

Sector comparison

We compare this company with the typical (middle) company in the same industry to show how it looks against similar businesses. This is information, not a recommendation.

Energy · 238 peers in sector

Metric TS Sector median Vs. industry
P/E 16.48 16.03 ↑ Above average
EPS 3.80 USD 0.91 USD ↑ Above average
Dividend yield 2.84% 1.56% ↑ Above average
Profit margin 16.17% 7.14% ↑ Above average
ROE 11.63% 9.86% ↑ Above average

Higher and lower here are only a comparison with the typical company in the industry — a higher or lower value on its own does not mean better or worse.

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Frequently Asked Questions

What is Tenaris?
Tenaris, a multinational corporation headquartered in Luxembourg, has established itself as a leader in the global oil country tubular goods (OCTG) market. With production facilities strategically located in the United States, Argentina, Mexico, and Italy, the company has positioned itself to cater to the growing demand for OCTG products across various regions. As exploration and production companies continue to venture into challenging oil and gas fields, Tenaris' premium OCTG products have become highly sought after for their exceptional performance in extreme conditions. These products are renowned for their superior quality, durability, and ability to withstand the harsh environments associated with deep-water offshore operations and unconventional drilling techniques, such as horizontal shale wells. In deep-water offshore drilling, where depths can reach several thousand feet below the water surface, Tenaris' OCTG products play a critical role in ensuring the integrity and reliability of wellbore tubulars. The company's extensive experience in this sector has enabled it to develop innovative solutions that meet the demanding requirements of the industry. By incorporating advanced metallurgical technologies, proprietary steel grades, and rigorous quality control processes, Tenaris' premium OCTG products provide exceptional resistance to corrosive substances, high pressures, and extreme temperatures encountered in deep-water wells. Similarly, in the rapidly expanding field of horizontal shale drilling, Tenaris has emerged as a trusted partner for oil and gas companies seeking to maximize production efficiencies. With the advent of hydraulic fracturing technologies, the exploitation of shale reserves has revolutionized the energy industry. Tenaris' OCTG products are specifically designed to withstand the unique challenges posed by the demanding conditions present in these unconventional reservoirs. By leveraging its expertise in metallurgy and engineering, Tenaris has developed a range of specialized OCTG products for horizontal shale wells. These products are designed to enhance wellbore stability, optimize hydraulic fracturing operations, and maximize hydrocarbon recovery. Additionally, Tenaris offers a comprehensive suite of services, including pipe management, technical support, and field inspections, to assist operators in maximizing the performance of their wells. Tenaris' commitment to technological innovation and continuous improvement has facilitated the development of cutting-edge OCTG products that meet the ever-evolving demands of the oil and gas industry. The company invests significant resources in research and development to enhance its product offerings and introduce advancements that address industry challenges. This dedication to innovation has enabled Tenaris to maintain its position as a market leader and remain at the forefront of technological advancements in the OCTG sector. Furthermore, as a socially responsible corporation, Tenaris places utmost importance on sustainability and environmental stewardship. The company actively implements measures to minimize its ecological footprint and strives to improve energy efficiency in its manufacturing processes. By incorporating environmentally-friendly practices and collaborating with industry partners, Tenaris aims to contribute to a more sustainable energy future. In conclusion, Tenaris has emerged as a global leader in the production of premium OCTG products, catering to the varying needs of the oil and gas industry. The company's commitment to excellence, technological innovation, and environmental sustainability has solidified its reputation as a trusted partner for exploration and production companies worldwide. With its extensive product portfolio and unwavering focus on customer satisfaction, Tenaris continues to define industry standards while driving the evolution of the OCTG market.
Are Tenaris shares expensive?
The price-to-earnings (P/E) ratio of Tenaris is 16.48 — the share price is 16.48 times the annual profit per share. That is higher than the typical company in the same industry (industry median: 16.03). This is information, not a recommendation. (as of 2026-06-02)
How big is Tenaris?
The market capitalization of Tenaris — the combined value of all its shares — is 31.61 B USD. The higher the market cap, the larger the company. (as of 2026-06-02)
Does Tenaris pay dividends?
The dividend yield of Tenaris is 2.84% — it shows the annual dividend relative to the share price. This is information, not a recommendation. (as of 2026-06-02)
What sector does Tenaris belong to?
Tenaris operates in the Energy sector, industry: Oil & Gas Equipment & Services.

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