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MAY 2012 INVESTOR PRESENTATION – Tenaris Sa

Tenaris Sa · May 12, 2012 · 16 slides

Investor presentation from the Shale Experts oil & gas presentation and slide database. Every page is imaged and its text indexed for search across operators, plays, basins and time.

Slides

  1. MAY 2012 INVESTOR PRESENTATION – Tenaris Sa – slide 1
    Investor Presentation
  2. MAY 2012 INVESTOR PRESENTATION – Tenaris Sa – slide 2
    OCTG demand has recovered (2008 = 100) 120% 100% 80% 60% 40% 20% 0% 2008 2009 2010 2011 2012 F Premium Mix 15% 19% 18% 19% 21% Premium API OCTG demand in 2012 is anticipated to exceed 2008 level We expect…
  3. MAY 2012 INVESTOR PRESENTATION – Tenaris Sa – slide 3
    Leading global player with oil and gas focus Sales breakdown 2011 Worldwide OCTG market US10.0 billion Local markets Rest of China Industrial in the Americas the world and Russia & Others 14% Oil & Gas North Process America…
  4. MAY 2012 INVESTOR PRESENTATION – Tenaris Sa – slide 4
    Industry leadership Global industrial system Leading innovation through Global network, direct contact and execution excellence new products development with end users and rig access Investor presentation Tenaris May, 2012 5
  5. MAY 2012 INVESTOR PRESENTATION – Tenaris Sa – slide 5
    Global industrial system deployment Industrial re-alignment to extend product range, improve efficiency and reduce costs and environmental impact New small diameter rolling mill in Mexico, including heat treatment and premium…
  6. MAY 2012 INVESTOR PRESENTATION – Tenaris Sa – slide 6
    Premium connections for shales and thermal wells TenarisHydril for all applications supported by global threading and repair shop network, field service engineers and extensive testing and development facilities Shales Operational…
  7. MAY 2012 INVESTOR PRESENTATION – Tenaris Sa – slide 7
    Tenaris W625 specially designed for shales The Wedge 625 is the first connection in the new series 600. Providing outstanding tensile and compression efficiency, torque resistance and internal and external sealing capacity, TSH…
  8. MAY 2012 INVESTOR PRESENTATION – Tenaris Sa – slide 8
    Premium connections for deepwater and arctic wells Dopeless connections to improve operational efficiency and reduce environmental impact of oil and gas drilling operations Sour service and chrome grades for corrosive…
  9. MAY 2012 INVESTOR PRESENTATION – Tenaris Sa – slide 9
    North America: growth concentrated on crude oil US Rig Count detail* 1,958 Gas Dry 1,958 2000 2000 89 1,782 1,782 187 135 Dry Gas Crude Oil 833 1500 1500 219271 1% 696 42% 353 776 479 Crude Oil 1000 642 39%…
  10. MAY 2012 INVESTOR PRESENTATION – Tenaris Sa – slide 10
    North America: offshore deep water activity 25 New DW well permits 20 15 10 5 0 Sep09 Sep10 Sep11 Jul09 Jul10 Jul11 Mar09 Mar10 Mar11 Mar12 Jan09 Nov09 Jan10…
  11. MAY 2012 INVESTOR PRESENTATION – Tenaris Sa – slide 11
    Deepwater drilling: strong growth ahead Deepwater outlook: millions of oil equivalent barrels per day Deepwater: Water depths of 2,500 feet or more 14 12 10 8 6 4 2 0 1990 1995 2000 2005 2010 2015 2020 2025…
  12. MAY 2012 INVESTOR PRESENTATION – Tenaris Sa – slide 12
    Competitive environment China OCTG Exports (Mill Tn) China OCTG Exports 2011 2.7 SEA Others 22% 26% 1.3 USA 1.1 2% 1.0 Canada 0.8 0.8 7% Middle East 0.7 0.6 26% CIS 9% North Africa 6% 1H08 2H08 1H09 2H09 1H10…
  13. MAY 2012 INVESTOR PRESENTATION – Tenaris Sa – slide 13
    Operating and financial results M illions of US (except rat ios and per ADS amount s) 2008 2009 2010 2011 IQ 2012 Net Sales 11,988 8,149 7,712 9,972 2,617 Tubes 10,010 6,671 6,676 8,481 2,289 Projects 1,271 986 429 724 140 Others…
  14. MAY 2012 INVESTOR PRESENTATION – Tenaris Sa – slide 14
    Margin of Tubes segment US/Ton Thousand Tons 4,000 1,500 3,000 1,000 2,000 500 1,000 0 - 1Q03 3Q03 1Q04 3Q04 1Q05 3Q05 1Q06 3Q06 1Q07 3Q07 1Q08 3Q08 1Q09 3Q09 1Q10 3Q10 1Q11 3Q11 1Q12 Tubes volum es Cost…
  15. MAY 2012 INVESTOR PRESENTATION – Tenaris Sa – slide 15
    Well placed in a changing and competitive world Net Debt evolution US Million Global deployment and industrial 4000 excellence 3000 Highly trained and diverse human 2000 resources base 1000 Leader in supplying…
  16. MAY 2012 INVESTOR PRESENTATION – Tenaris Sa – slide 16
    Investor presentation Tenaris May, 2012 17

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