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Tenaris posts 5% sales rise and 6% net income growth in Q3 2026, driven by North America demand.

Company Fundamentals
04 Nov 2026, 23:30 WIB
GlobeNewsWire
View Source
Bullish
Tenaris posts 5% sales rise and 6% net income growth in Q3 2026, driven by North America demand.

Tenaris reported a 5% sequential increase in net sales to $3.1 billion and a 6% rise in net income to $521 million for Q3 2026, fueled by higher demand in North America and increased shipments to the Middle East. Despite rising raw material and energy costs, the company improved its EBITDA margin to 24.4% through efficient operations and favorable product mix. Looking ahead, Tenaris expects continued sales and EBITDA growth in Q4 2026, supported by strong OCTG demand and offshore project shipments, barring major geopolitical disruptions.

Tenaris shares are trading at USD 59.37 on Pluang as of Nov 05, 2026 04:41 WIB, showing a positive 3.11% increase in one day. The stock's market capitalization stands at $29.11 billion, reflecting its significant presence in the energy sector. Investors on Pluang typically hold Tenaris shares for about 9 days, indicating moderate trading activity.

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