Tenaris SA ( (TS) ) has provided an update.
Tenaris S.A. reported its first quarter 2025 results, showing a slight increase in net sales compared to the previous quarter, driven by seasonal demand in Canada and increased onshore sales in the USA. However, the company faced a decline in average selling prices due to changes in market and product mix, particularly in Mexico, Turkey, and Saudi Arabia. Despite these challenges, Tenaris maintained stable net income and improved its EBITDA by 6% compared to the previous quarter. The company’s net cash position also strengthened, reaching $4.0 billion by the end of March 2025. Looking ahead, Tenaris expects a modest increase in sales for the second quarter as average selling prices recover, while maintaining a stable EBITDA margin. The company remains cautious about the global oil and gas market, as recent changes in oil demand expectations and OPEC+ production announcements may influence short-term investment plans.
Spark’s Take on TS Stock
According to Spark, TipRanks’ AI Analyst, TS is a Neutral.
Tenaris SA scores a 69, reflecting strong financial health and reasonable valuation, tempered by bearish technical indicators and mixed earnings call sentiment. The company’s profitability and balance sheet strength are significant positives, but declining sales and macroeconomic uncertainties pose risks.
To see Spark’s full report on TS stock, click here.
More about Tenaris SA
Tenaris S.A. operates in the steel industry, focusing on manufacturing and supplying steel pipes for the energy industry, particularly oil and gas drilling operations. The company is known for its production of seamless and welded pipes, with a market focus that includes North America, South America, Europe, and the Asia Pacific, Middle East, and Africa regions.
YTD Price Performance: -11.39%
Average Trading Volume: 1,751,104
Technical Sentiment Signal: Hold
Current Market Cap: $19.6B
For detailed information about TS stock, go to TipRanks’ Stock Analysis page.