The schedule
- Tue20Oct
Regulatory updates regarding the EU's CBAM implementation and potential protective impacts on European steel pricing.
- Thu29Oct
Q3 2026 financial results, focusing on margin resilience amidst volume pressures and order book updates.
- Thu14Jan
Update on Vallourec's energy transition portfolio, including geothermal, hydrogen, and CCUS tubular solutions.
- Thu28Jan
- Thu25Feb
FY 2026 Earnings & 2027 Capital Allocation Plan, heavily focused on shareholder returns.
- Thu29Apr
- Thu29Jul
Past
- Tue15Sep
Industry assessments of OCTG pricing trends and distributor destocking impacts on order books, driving near-term volatility.
- Thu30Jul
Actual outcome: Bear
Vallourec reported Q2 2026 EPS of €0.32, exactly matching consensus estimates. Despite the in-line headline results and the ongoing €200M share buyback program, the stock fell below the bear floor. The negative price action was driven by investor concerns over OCTG margin resilience and the impact of fluctuating North American rig activity on the company's forward outlook.
Vallourec reports Q2 2026 results. The market will focus on the execution of the EUR 200M buyback and the resilience of OCTG margins amidst fluctuating North American rig activity.