Vallourec (OTCMKTS:VLOWY) Posts Earnings Results

Vallourec (OTCMKTS:VLOWYGet Free Report) released its quarterly earnings results on Wednesday. The energy company reported $0.08 earnings per share (EPS) for the quarter, Zacks reports. The firm had revenue of $1.14 billion for the quarter. Vallourec had a return on equity of 15.10% and a net margin of 9.40%.

Vallourec Trading Down 3.1%

OTCMKTS VLOWY traded down $0.20 during mid-day trading on Thursday, reaching $6.30. 43,774 shares of the stock were exchanged, compared to its average volume of 40,989. The business’s fifty day simple moving average is $5.24 and its 200 day simple moving average is $4.46. The company has a debt-to-equity ratio of 0.34, a quick ratio of 1.50 and a current ratio of 2.31. The stock has a market capitalization of $7.38 billion, a PE ratio of 19.69 and a beta of 0.45. Vallourec has a 1-year low of $3.26 and a 1-year high of $6.65.

Vallourec Company Profile

(Get Free Report)

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.

Featured Stories

Earnings History for Vallourec (OTCMKTS:VLOWY)

Receive News & Ratings for Vallourec Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Vallourec and related companies with MarketBeat.com's FREE daily email newsletter.