ENXTPA:VKEnergy Services
Vallourec (ENXTPA:VK) Could Be 25% Undervalued On Its Angola Pipe Contract
Vallourec (ENXTPA:VK) is back in focus after securing a large contract from Azule Energy to supply more than 26,000 tons of seamless carbon steel line pipes for Angola’s Greater PAJ offshore project.
See our latest analysis for Vallourec.
At a share price of €20.56, Vallourec has seen short term pressure, with the 30 day share price return down 15.5% and the 90 day share price return down 6.7%. This contrasts with the year to date share price return of 28.5% and the 5 year total shareholder...