Skip to main content JANUARY 2007 INVESTOR PRESENTATION – Tenaris Sa | Shale Experts
Loading...
Pm

JANUARY 2007 INVESTOR PRESENTATION – Tenaris Sa

Tenaris Sa · Jan 10, 2007 · 19 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. JANUARY 2007 INVESTOR PRESENTATION – Tenaris Sa – slide 1
    Investor Presentation January 2007
  2. JANUARY 2007 INVESTOR PRESENTATION – Tenaris Sa – slide 2
    A key player in the global energy industry Leading global manufacturer of tubular products and services used in the drilling and production of oil Seamless pipe sales volume by segment (2005) and gas, for process and power plant…
  3. JANUARY 2007 INVESTOR PRESENTATION – Tenaris Sa – slide 3
    Demand for OCTG depends on oil and gas drilling activity Sustained growth in global demand for oil and gas Supply constraints led by accelerating depletion of mature fields, lack of discoveries of substantial new reserves and…
  4. JANUARY 2007 INVESTOR PRESENTATION – Tenaris Sa – slide 4
    Rising reserve depletion leads to higher OCTG consumption USA onshore all basins Oil Gas 200 200 180 180 160 160 140 140 120 120 100 100 80 80 60 60 2000 2001 2002 2003 2004 2005 2000 2001 2002 2003 2004 2005 Wells SMLS…
  5. JANUARY 2007 INVESTOR PRESENTATION – Tenaris Sa – slide 5
    Reserve development to be in complex operating environments Production trend towards non-conventional sources 2003 Oil & Gas production 2010 Oil & Gas production Acid Sour 0% LNG Tight Gas Arctic 6% Tight Gas Acid Sour 3% 4% 0%…
  6. JANUARY 2007 INVESTOR PRESENTATION – Tenaris Sa – slide 6
    Well complexity drives demand for premium products Land Land Offsh. Shallow Water Offshore Deep Water Shallow Well Directional Deep Well Directional Deep Well Deep Well 30 50 m 9 5/8 300 m 20 800 m 18 5/8 850 m 13 5/8…
  7. JANUARY 2007 INVESTOR PRESENTATION – Tenaris Sa – slide 7
    Rig count evolution Rig count 3,500 3,000 2,500 2,000 1,500 1,000 500 0 Dec-99 Jun-00 Dec-00 Jun-01 Dec-01 Jun-02 Dec-02 Jun-03 Dec-03 Jun-04 Dec-04 Jun-05 Dec-05 Jun-06 Dec-06 International USA Canada…
  8. JANUARY 2007 INVESTOR PRESENTATION – Tenaris Sa – slide 8
    Expansion and consolidation 1950s Siderca and Tamsa founded to serve their local markets 1993 Siderca and Tamsa form alliance 1996 Dalmine joins the alliance 1998-2000 Building the global system 2002 Consolidation as Tenaris…
  9. JANUARY 2007 INVESTOR PRESENTATION – Tenaris Sa – slide 9
    To form unique global footprint Investor Presentation Tenaris January 2007 10
  10. JANUARY 2007 INVESTOR PRESENTATION – Tenaris Sa – slide 10
    With an integrated business model Focus on sales of high value products direct to end-user customer base Global industrial system producing comprehensive range of products to a single quality standard Global R&D network…
  11. JANUARY 2007 INVESTOR PRESENTATION – Tenaris Sa – slide 11
    Serving the entire industry OCTG customers Our main customers include: 9M 2006 IOC s Aramco 21% Chevron ConocoPhillips ENI-AGIP NOC s PDVSA 47% Pemex Petrobras INDs Repsol-YPF 32% Schlumberger Shell Total Investor…
  12. JANUARY 2007 INVESTOR PRESENTATION – Tenaris Sa – slide 12
    With leading market position reflected in operating results Millions of US 2003 2004 2005 9M 2006 Net Sales 3,180 4,136 6,736 5,668 Seamless 2,376 3,273 5,124 4,657 Welded 351 348 845 363 Energy 333 418 526 404 1 Others 120 97 241…
  13. JANUARY 2007 INVESTOR PRESENTATION – Tenaris Sa – slide 13
    Consolidating market position and investing for growth R&D expenditures Mill. of US US350 million investment program to 40 increase high-end seamless capacity 30 20 Customer take-up of TenarisBlue connections increasing 10…
  14. JANUARY 2007 INVESTOR PRESENTATION – Tenaris Sa – slide 14
    Acquisition of Maverick Complementary market position Gain substantial access to United States and leading position in North American market commensurate with our global position Product offering in North America will cover a wide…
  15. JANUARY 2007 INVESTOR PRESENTATION – Tenaris Sa – slide 15
    Rising reserve depletion in USA and Canada reflected in drilling activity But oil and gas production is declining Mill. Tonnes oil Rig count equivalent 2,200 1,200 4 2,000 1,100 40 384 1,800 1,000 50 338 900 1,600 46 52 800…
  16. JANUARY 2007 INVESTOR PRESENTATION – Tenaris Sa – slide 16
    OCTG market in USA & Canada Market share 2006 Jan-Aug Mill. of tons % Others 6.0 50% 21% 45% Ipsco + NS 5.0 20% 40% 35% 4.0 2.6 30% 2.3 3.0 25% China 13% Tenaris + 2.1 20% Maverick 2.0 19% 15% 2.5 10% 1.0 2.0…
  17. JANUARY 2007 INVESTOR PRESENTATION – Tenaris Sa – slide 17
    Good share liquidity Average daily trading Free float shares by market Millions of US December 2006 240 Buenos 200 Aires 17% New York 160 49% 120 80 40 0 2003 2004 2005 2006 Milan Mexico 33% 2% New York Milan…
  18. JANUARY 2007 INVESTOR PRESENTATION – Tenaris Sa – slide 18
    Summary A leading global player in the oilfield services and equipment sector Well positioned to benefit from increased drilling activity and well complexity Successful business model and leading market position in sector with…
  19. JANUARY 2007 INVESTOR PRESENTATION – Tenaris Sa – slide 19
    Investor Presentation Tenaris January 2007 20

From the store

Browse maps, data & reports in the Shale Experts store