| Close | Chg | Chg % |
|---|---|---|
| $18.87 | -0.01 | -0.05% |
Who is the CEO and CFO of Tenneco?
Brian Kesseler, chief executive officer, and Matti Masanovich, chief financial officer, will provide information regarding matters impacting Tenneco's outlook and the Company's strategy.
Is Tenneco owned by Apollo?
LAKE FOREST, Ill., Feb. 23, 2022 /PRNewswire/ -- Tenneco (NYSE: TEN) announced today it has entered into a definitive agreement to be acquired by funds managed by affiliates of Apollo (NYSE: APO) (the "Apollo Funds") in an all-cash transaction with an enterprise valuation of approximately $7.1 billion, including debt.
What are natural gas stocks?
Natural gas stocks are companies that deal in natural gas as a significant percentage of their other operations, as opposed to oil. Natural gas prices have been volatile over the past year, seeing lows near $1.50 and highs around $3.00, nearly a 200% intra-year move. Here we look at four stocks that could be good natural gas plays. 1.
Where does Tenneco's revenue come from?
In 2020, 40% of revenue came from North America, 37% from Europe, 18% from China, and 5% other regions. Analyst Report: Tenneco Inc. Tenneco's emissions-control products meet strict air-quality legislation, optimize engine performance, improve fuel economy, and acoustically tune engine sound to fit a vehicle's profile.
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Is Tenneco stock a good buy?
Based on analyst ratings, Tenneco Automotive's 12-month average price target is $20.00. What is TEN's upside potential, based on the analysts' average price target? Tenneco Automotive has 6.38% upside potential, based on the analysts' average price target.
Why is Tenneco stock falling?
There definitely was a reason – it's earnings fell at a faster rate than the rate at which revenues grew. Turns out Tenneco's earnings margins (profits as a % of revenue) steadily dropped over the last few years from 4.8% in 2016 to 0.9% in 2018.
Is Tenneco undervalued?
Undervalued with reasonable growth potential.
Who bought Tenneco?
Apollo Global ManagementSummary. Tenneco Inc. agreed to be acquired by Apollo Global Management for $20/sh in cash.
Is Tenneco sold?
Feb 23 (Reuters) - Tenneco Inc (TEN. N) has agreed to be bought by private-equity firm Apollo Global Management Inc (APO. N) for $1.64 billion in cash, the U.S. auto-parts maker said on Wednesday. Tenneco shares nearly doubled in value and were trading slightly below the offer price of $20 before the bell.
Did Tenneco buy Federal Mogul?
On October 1, 2018, Tenneco completed the acquisition of Federal-Mogul, a leading global supplier to original equipment manufacturers and the aftermarket with nearly 55,000 employees globally and 2017 revenues of $7.8 billion .
How do I buy Tenneco stock?
How to buy shares in TennecoCompare share trading platforms. Use our comparison table to help you find a platform that fits you.Open your brokerage account. Complete an application with your details.Confirm your payment details. ... Research the stock. ... Purchase now or later. ... Check in on your investment.
Is Tenneco closing?
Tenneco currently employs 597 total union and non-union employees at the facility,” Penn wrote in the letter, which is dated April 11. This is in line with what company leaders said in November. But while the plant will be closed by the end of 2023, layoffs will start this June, the company said.
What is Tenneco's new name?
Tenneco Inc.LAKE FOREST, ILLINOIS, OCTOBER 28, 2005 - Tenneco Automotive (NYSE: TEN) announced today that the company has changed its name to Tenneco Inc. The name Tenneco better represents the expanding number of markets the company serves through its commercial and specialty vehicle businesses.
Is Tenneco going private?
Tenneco ( TEN ) will become a privately run company after the deal closes in the second half of 2022.
Is Tenneco going out of business?
Workers outraged as Tenneco plant plans to close, would move over 500 jobs overseas. KETTERING, Ohio (WKEF) -- (UPDATE) One of the largest employers in Kettering, Tenneco announced today it's closing the plant in 2023, putting 648 local jobs on the line.
Which share went up today?
Time PeriodCompanyCurrent PriceChange %Tata Power220.052.59%Hindustan Zinc262.952.51%Tata Motors441.602.51%Indian Bank160.152.43%16 more rows
How many articles has the Fool written on Tenneco?
When will the TEN earnings call end?
The Fool has written over 100 articles on Tenneco.
What is the environmental score?
TEN earnings call for the period ending December 31, 2020.
Premium Research for TEN
The environmental score is comprised of weighted key performance indicators related to natural capital, innovation, and climate change.
Company Summary
This is our short term rating system that serves as a timeliness indicator for stocks over the next 1 to 3 months. How good is it? See rankings and related performance below.
What are natural gas stocks?
Tenneco Inc., headquartered in Lake Forest, IL, is a leading designer, manufacturer and supplier of clean air, powertrain and ride performance products and systems caters to light vehicle, commercial truck, off-highway, industrial and aftermarket customers.
How much is natural gas worth in 2020?
Natural gas stocks are companies that deal in natural gas as a significant percentage of their other operations, as opposed to oil . Natural gas prices have been volatile over the past year, seeing lows near $1.50 and highs around $3.00, nearly a 200% intra-year move.
How much is BHP Billiton stock worth in 2020?
The commodity currently trades at roughly $2.95 per MMBtu as of November 2020.
What is Cabot Oil and Gas?
BHP Billiton stock rode a solid wave of gains into this year, rising to around $41 per share in early January 2020. The stock became volatile along with the rest of the market as COVID-19 struck in the Spring of 2020, and it currently trades at $34.25 after reaching lows just above $25. Any potential uptick in natural gas prices would be a benefit to BHP, but this stock also offers investors stability because of its diversified product line.
Where is Antero Resources located?
Cabot Oil & Gas is a shale exploration company. Although it produces natural gas, it also buys natural gas for resale. The Houston-based company utilizes its gathering systems and pipelines to sell natural gas to a variety of customers, including power generators and local energy distributors.
Is natural gas price monitored?
Independent oil and natural gas company Antero Resources explores resources in the United States, with operations focused in the Appalachian Basin. It has 292 miles of gas pipelines. The company has been enhancing efficiency while generating strong production growth, which could pay off if natural gas prices recover.
