Vallourec (OTCMKTS:VLOWY) Releases Earnings Results

Vallourec (OTCMKTS:VLOWY) posted its earnings results on Wednesday. The energy company reported $0.08 earnings per share for the quarter, Zacks reports. Vallourec had a return on equity of 15.79% and a net margin of 9.45%.The company had revenue of $1.14 billion during the quarter.

Vallourec Price Performance

Vallourec stock traded down $0.03 during midday trading on Friday, reaching $6.27. The company’s stock had a trading volume of 1,247 shares, compared to its average volume of 40,745. The stock has a market cap of $7.35 billion, a PE ratio of 19.01 and a beta of 0.45. The company has a current ratio of 2.31, a quick ratio of 1.50 and a debt-to-equity ratio of 0.34. The business has a 50-day moving average price of $5.27 and a 200-day moving average price of $4.47. Vallourec has a 52 week low of $3.26 and a 52 week high of $6.65.

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.