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SEPTEMBER 2012 INVESTOR PRESENTATION – Tenaris Sa

Tenaris Sa · Sep 10, 2012 · 17 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. SEPTEMBER 2012 INVESTOR PRESENTATION – Tenaris Sa – slide 1
    Investor Presentation
  2. SEPTEMBER 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. SEPTEMBER 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. SEPTEMBER 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 September, 2012 5
  5. SEPTEMBER 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. SEPTEMBER 2012 INVESTOR PRESENTATION – Tenaris Sa – slide 6
    New seamless pipe mill and logistics center in the USA Main product: seamless OCTG Annual production capacity: 650 th tons Time frame: expected to begin operations in 2016 Estimated investment: US 1.5 billion Shales and…
  7. SEPTEMBER 2012 INVESTOR PRESENTATION – Tenaris Sa – slide 7
    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…
  8. SEPTEMBER 2012 INVESTOR PRESENTATION – Tenaris Sa – slide 8
    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…
  9. SEPTEMBER 2012 INVESTOR PRESENTATION – Tenaris Sa – slide 9
    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…
  10. SEPTEMBER 2012 INVESTOR PRESENTATION – Tenaris Sa – slide 10
    North America: growth concentrated on crude oil US Rig Count detail* 1,941 Gas Dry 1,941 2000 1,894 2000 1,894 68 117 158 290 Dry Gas 782 Crude Oil 296 1500 809 1500 219 1% 696 42% 473 1000 1000 Crude Oil 642 39%…
  11. SEPTEMBER 2012 INVESTOR PRESENTATION – Tenaris Sa – slide 11
    North America: offshore deep water activity 25 New DW well permits 20 15 10 5 0 Sep-09 Sep-10 Sep-11 Mar-09 Jul-09 Mar-10 Jul-10 Mar-11 Jul-11 Mar-12 Jul-12…
  12. SEPTEMBER 2012 INVESTOR PRESENTATION – Tenaris Sa – slide 12
    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…
  13. SEPTEMBER 2012 INVESTOR PRESENTATION – Tenaris Sa – slide 13
    Competitive environment China OCTG Exports (Mill Tn) China OCTG Exports IH 2012 2.7 Others SEA 21% 24% USA 1% Canada 1.3 4% 1.1 1.0 1.0 CIS 0.8 0.8 0.7 10% Middle East 0.6 31% North Africa 9% 1H08 2H08 1H09 2H09…
  14. SEPTEMBER 2012 INVESTOR PRESENTATION – Tenaris Sa – slide 14
    Operating and financial results M illions of US (except rat ios and per ADS amounts) 2008 2009 2010 2011 IH 2012 Net Sales 11.988 8.149 7.712 9.972 5.419 Tubes 10.010 6.671 6.676 8.481 4.706 Projects 1.271 986 429 724 328 Others…
  15. SEPTEMBER 2012 INVESTOR PRESENTATION – Tenaris Sa – slide 15
    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 volumes Cost per…
  16. SEPTEMBER 2012 INVESTOR PRESENTATION – Tenaris Sa – slide 16
    Well placed in a changing and competitive world Net Debt evolution US Million 1500 Global deployment, industrial excellence and execution capabilities 1000 Leader in supplying solutions for the 500 growing market in complex…
  17. SEPTEMBER 2012 INVESTOR PRESENTATION – Tenaris Sa – slide 17
    Investor presentation Tenaris September, 2012 18

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