Vallourec (OTCMKTS:VLOWY) Announces Earnings Results

Vallourec (OTCMKTS:VLOWY) issued its quarterly earnings data on Friday. The energy company reported $0.09 earnings per share for the quarter, Zacks reports. The firm had revenue of $1.21 billion during the quarter. Vallourec had a return on equity of 17.25% and a net margin of 11.05%.

Vallourec Stock Up 1.5%

VLOWY opened at $4.85 on Friday. The company has a debt-to-equity ratio of 0.36, a quick ratio of 1.27 and a current ratio of 2.13. The company has a market capitalization of $5.68 billion, a PE ratio of 15.16 and a beta of 0.36. The stock’s fifty day moving average is $4.21 and its 200-day moving average is $3.92. Vallourec has a one year low of $3.07 and a one year high of $5.05.

Analyst Ratings Changes

Separately, The Goldman Sachs Group initiated coverage on Vallourec in a report on Monday, December 15th. They issued a “buy” rating for the company. One research analyst has rated the stock with a Strong Buy rating and one has given a Buy rating to the company. According to MarketBeat.com, Vallourec currently has an average rating of “Strong Buy”.

About Vallourec

Vallourec is a global leader in the design, manufacturing and distribution of premium tubular solutions for the oil and gas, power generation, industrial and construction markets. Headquartered in Saint-Saulve, France, the company specializes in seamless steel pipes and associated services that support exploration, drilling, production and infrastructure projects around the world.

The company’s product portfolio encompasses drill pipes, casing and tubing, line pipe as well as mechanical and cold-rolled precision tubes.