Stricter Regulation In Terms Of Carbon Emissions Provides Significant Growth Opportunities For Tenneco [Seeking Alpha]
Tenneco Inc. Class A Voting (TEN)
Last tenneco inc. class a voting earnings: 2/20 06:00 am
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US:NYSE Investor Relations:
investors.tenneco.com
Company Research
Source: Seeking Alpha
Summary Introduction I discovered Tenneco (NYSE: TEN ) while reading about one of the Russian private-equity funds focusing on undervalued companies worldwide. One of the managing directors of the fund highlighted this opportunity in his interview. The basic idea behind it is that new regulation concerning gas emissions will be a dominant growth driver for this company and boost its financial performance. This idea attracted many investors at the end of 2016, and, as a result, the stock price skyrocketed from US$ 53.2 in November of 2016 to US$ 68.3 in February of 2017 (an increase of 28%). In my opinion, this opportunity did not receive sufficient coverage on SA - no articles since 4Q 2016 results announcement in February. Therefore, I decided to drill into the Tenneco's story and prospects. Tenneco's story For those not familiar with the company, Tenneco manufactures clean air and ride performance solutions for light vehicles and commercial trucks. Clean air business
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