Added to YB: 2024-09-03
Pitch date: 2024-06-30
VK.PA [bullish]
Vallourec S.A.
+13.2%
current return
Author Info
No bio for this author
Company Info
Vallourec S.A., through its subsidiaries, provides tubular solutions for the oil and gas, industry, and energy markets in Europe, North America, South America, Asia, the Middle East, and internationally.
Market Cap
EUR 4.3B
Pitch Price
EUR 13.91
Price Target
N/A
Dividend
8.07%
EV/EBITDA
5.27
P/E
10.05
EV/Sales
1.12
Sector
Energy Equipment and Services
Category
turnaround
PGIM Jennison Natural Resources Fund Portfolio Holding: Vallourec S.A.
VK.PA: French multinational Vallourec specializes in seamless steel tubes. Turnaround progressing but shares down on steel weakness & French political uncertainty. Low France revenue exposure. Int'l presence & strategy execution should yield benefits in coming quarters. Position initiated Q1 2024.
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