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-0.023157894736842 -0.023157894736842 -0.023157894736842 -0.023157894736842 -0.023157894736842 -0.023157894736842 0.00421052631578957 -0.0263157894736842
Stock impact report

Assessing Vallourec (ENXTPA:VK) Valuation After New Tangguh CCS Contract Win [Yahoo! Finance]

VALLOUREC SA SP/ADR (VLOWY) 
Company Research Source: Yahoo! Finance
Vallourec (ENXTPA:VK) is back in focus after securing a contract with BP Berau for premium Corrosion Resistant Alloy pipes and VAM connections on the Tangguh offshore carbon capture and storage project in Indonesia. See our latest analysis for Vallourec. The latest CCS contract news arrives while momentum in Vallourec's share price has been firm, with a 30 day share price return of 6.77% and a 90 day gain of 26.15%, alongside a five year total shareholder return of 108.50%. If this CCS focus has caught your eye, it can also be worth scanning the wider energy infrastructure theme using our screener for 25 power grid technology and infrastructure stocks With Vallourec trading at €19.81 against an analyst price target of €21.05 and an estimated intrinsic discount of 64%, the key question is whether the recent CCS wins still leave room for additional upside or whether the market is already pricing in future growth. Most Popular Narrative: 2% Undervalued Vallourec's most follo Show less Read more
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