VLOWY - Tenaris To Overcome Challenges With Robust Growth Strategies
An overview of TS
Tenaris S.A. (TS) is a Luxembourg based provider of steel pipe products to the upstream energy companies across the world. Its product offerings are also used in energy gathering, transportation, processing and power generation facilities. Despite OCTG pricing improvement, the input cost escalation issue will keep TS’s growth muted in the next couple of quarters. In the medium-to-long term, Tenaris’s robust strategies will take over the short-term headwind. Tenaris is a sound investment option for investors looking for dividend income.
In 2018 so far, TS’s stock price has gone