Tenaris' Q3 tubular steel sales slowed by continued drilling slowdown [Seeking Alpha]
AK STEEL HOLDINGS (AKS)
Last ak steel holdings earnings: 2/20 07:00 am
Check Earnings Report
US:NYSE Investor Relations:
ir.aksteel.com/investor-relations
Company Research
Source: Seeking Alpha
Seeking Alpha commodities | News On the Move Tenaris' Q3 tubular steel sales slowed by continued drilling slowdown Oct. 31, 2019 3:28 PM ET Tenaris S.A. (TS) Carl Surran Tenaris ( -1.8% Q3 earnings continues to weigh on sales Q3 tubular steel sales fell 7% Y/Y to 796K mt from 853K mt, welded pipe sales sank 25% to 150K mt, and seamless pipe sales ticked down 1% to 645K mt from a year prior. TS says Q3 North American sales slipped 13% to $772M, as customers are prioritizing investor returns and tighter spending over production growth, adding it does not foresee improved North American drilling activity during 2020. The company's South American sales declined 8% Y/Y to $308M, amid reduced activity in the Vaca Muerta shale caused by uncertainty around policies of Argentina's incoming government. See all stocks on the move » Now read: AK Steel Holding Corporation 2019 Q3 - Results - Call Presentation » Try PREMIUM
Show less
Read more
Impact Snapshot
Event Time:
AKS
Last Price
Price Change
Price Change%
Volume Shares
Max Up
Max Down
%
Volume Ratio
Performance Comparison
Updated
|
Event Day
Stock performance from the time of news release until the following 4pm ET market close
|
Last price at news event
|
Since Event
Multi-day stock performance from the time of the news release
|
|---|---|---|
|
EVENT DAY
Stock performance from the time of news release until the following 4pm ET market close
|
LAST
PRICE AT NEWS EVENT |
SINCE EVENT
Multi-day stock performance from the time of the news release
|
| Last Price | ||
| VWAP | ||
|
High:
|
Max Up |
High:
|
|
Low:
|
Max Down |
Low:
|
|
%
|
Post news range |
%
|
|
|
Price change |
|
|
|
Price Change Percentage |
|
|
|
S&P 500 (SPX) |
|
|
%
|
Volume ratio |
%
|
| Volume | ||
| Ticks | ||
|
|
Avg transaction size |
|
Don't Miss Out On The Next BIG Stock Move
Event day
Event Day Chart will not be displayed beyond 90-day period of the event
Performance since event
Time And Velocity Analysis
Be the first to know
Opt in for alerts from News Quantifed
Sign Up Today
Opt-in for
AKS alerts
Learn More With NQ
Reading the Impact Report
Help Me Understand This Data
Help Me Understand This Data
How NQ Works
What is news-based trading?
And why is it so successful?
And why is it so successful?
Movers & Shakers
The biggest gainers and losers and WHY it moved
AKS alerts
High impacting AK STEEL HOLDINGS news events
Weekly update
A roundup of the hottest topics