Tenaris SA
tenaris.comWhat Do They Do?
Sells pipes and related field services to customers in the energy industry.
20-F for FY2025, filed Mar 31, 2026Pipe management services: This comprises mainly preparation of the pipes ready to be run, delivery to the customer, storage services and…View ↗
Field services: Comprises field technical support and running assistance.View ↗
As I write this letter, the world of energy is witnessing a conflagration at its heart in the Middle East. The Strait of Hormuz, through…View ↗
In this environment, Tenaris raised the performance of its US production and supply chain system, with its Koppel steel shop, main pipe…View ↗
Who Are Their Customers?
Customers buy goods and related services under sales contracts, including pipe-management and field-support services.
20-F for FY2025, filed Mar 31, 2026Revenue is recognized at a point in time or over time from sales when control has been transferred and there is no unfulfilled performance…View ↗
Pipe management services: This comprises mainly preparation of the pipes ready to be run, delivery to the customer, storage services and…View ↗
Field services: Comprises field technical support and running assistance.View ↗
These services are rendered in connection to the sales of goods and are attached to contracts with customers for the sale of goods. A…View ↗
Do Revenues Turn Into Profits?
Yes. It kept 16 cents of every revenue dollar as net income in .
20-F for FY2025, filed Mar 31, 2026
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