Tenaris expects drilling to slow in N. America
Aug 02, 2012 | 03:51 PM
|
Tags
Tenaris,
earnings,
seamless tubing,
welded tubing
CHICAGO — Tubular products manufacturer Tenaris SA posted second-quarter net income of nearly $461.1 million, up 60.5 percent from the same period last year on revenue that climbed 16.6 percent to more than $2.8 billion.
Higher sales of premium products for deepwater operations in the Gulf of Mexico, Brazil and Eastern Hemisphere regions, as well as a partial recovery of line pipe shipments in Brazil, more than offset seasonally lower sales in Canada, the Luxembourg-based company said.....
To access AMM's full content, please log in below. If you do not have an AMM account, we invite you to take a free trial or subscribe below.
Already a registered amm.com user?
Access to amm.com editorial content is granted only to paid subscribers and trialists. If you do not have an active account in your own name, please either subscribe or take a trial and you will have instant access to amm.com content. Sharing your login credentials with individuals who are not subscribers represents a violation of AMM copyright.
Every morning, every minute — no matter how often you follow the markets, there's an AMM subscription to fit your needs.
Subscribe Now
Click Here
Not sure if you are ready to invest in a subscription right now? Take a free, no-obligation trial. Start your free trial today.
Take a Free trial
Click Here