|Bid||3.340 x 170000|
|Ask||0.000 x 600000|
|Day's Range||5.006 - 5.200|
|52 Week Range||4.020 - 6.449|
|PE Ratio (TTM)||N/A|
|Forward Dividend & Yield||N/A (N/A)|
|1y Target Est||N/A|
Vallourec SA (ENXTPA:VK), an energy company based in France, saw significant share price volatility over the past couple of months on the ENXTPA, rising to the highs of €5.99 andRead More...
Amid the global selloff in steel and aluminum stocks, reeling from U.S. President Donald Trump’s plan to impose tariffs on imports, one French steelmaker may be rubbing its hands in glee.
Around 150 Texas jobs at Vallourec Drilling Products USA Inc. could be cut in the near future. The company warned the Texas Workforce Commission last month that job cuts are anticipated due to a deal with Houston-based National Oilwell Varco (NOV) that’s supposed to close on or around March 30. NOV declined to comment to the Houston Business Journal about Vallourec’s Worker Adjustment and Retraining Notification Act letter.
Vallourec Drilling Products, a subsidiary of Paris, France-based steel pipe maker Vallourec , will lay off roughly 150 employees in Texas, according to a regulatory filing. Vallourec specializes in making tubular products for the energy and other industrial sectors. It has about 19,000 employees worldwide, while its drilling products division employs roughly 600 people.
LONDON/STRASBOURG (Reuters) - The Strasbourg court in charge of selling troubled French steelmaker Ascometal has raised questions over public funds as part of the bid by UK-based metals and industrials firm Liberty House, a union representative at the hearing told Reuters. Asked about the court's questioning of the bid's funding, a spokesman for Liberty House said: "We are requesting no support from the State. Liberty House, which has been snapping up distressed steel and aluminium assets around the world, is a top contender to take over Ascometal alongside rival Swiss-based specialty steelmaker Schmolz + Birkenbach (STLN.S).
A former Standard & Poor’s analyst was fined 90,000 euros ($107,000) after he admitted to French investigators that he used his mother’s bank account to place three trades on Vallourec SA shares based ...
French steel pipe maker Vallourec raised its 2017 financial guidance on Thursday for the second time since July, after higher oil and gas revenue in the United States and cost cutting helped it swing to a core profit in the third quarter. The company's core oil and gas business has benefitted from increased drilling activity in the United States, where the rig count remains well above last year's level despite recent declines. "With the very strong increase in volumes, which started at the end of 2016 and grew during the whole of the first half of 2017, we started to significantly increase our prices," said Chief Financial Officer Olivier Mallet during a call.