We are the leading manufacturer of pipes and related services for the world's energy industry and certain other industrial applications. Our manufacturing system integrates steelmaking, pipe rolling and forming, heat treatment, threading and finishing across 16 countries. We also have an R&D network focused on enhancing our product portfolio and improving our production processes. Our team, based in more than 30 countries worldwide, is united by a passion for excellence in everything we do.
4th quarter results have been released. Although financials are improving, I believe that price running too hot right now and is in need of a retracement soon. I have price testing up to $13/$14 dollars in a best case scenario. Looking for a possible put option for the short term. Need to witness price action on smaller time frame.
Let me know what you think!
Like, Follow, Agree, Disagree!
*not investing advice
4th quarter results have been released. Although financials are improving, I believe that price running too hot right now and is in need of a retracement soon. I have price testing up to $13/$14 dollars in a best case scenario. Looking for a possible put option for the short term. Need to witness price action on smaller time frame.
Let me know what you think!
Like, Follow, Agree, Disagree!
*not investing advice