CFDs are complex instruments and come with a high risk of losing money rapidly due to leverage. 76% of retail investor accounts lose money when trading CFDs with this provider. You should consider whether you understand how CFDs work and whether you can afford to take the high risk of losing all your money. Read our full Risk Warning.
CFDs are complex instruments and come with a high risk of losing money rapidly due to leverage. 77% of retail investor accounts lose money when trading CFDs with this provider. You should consider whether you understand how CFDs work and whether you can afford to take the high risk of losing your money.

Vallourec S.A.

CFD on the Vallourec S.A. (VK.PA) stock quote.

Product Type: Stock CFD
Sector: Industrials Industry: Industrial Machinery
Country: France Currency: EUR
Trading Hours: According to market Measurement Unit: Shares
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Description:

Founded in 1957, Vallourec S.A. is a French multinational company specializing in the production of welded steel tube production for industrial applications. It offers its products mainly to the oil and gas industry, but also the automotive and mechanical industries. In 2016, the company totaled more than 18,300 employees. Vallourec’s main markets are North America, Europe, Asia and the Middle East. The company is present in more than 20 countries with 50 manufacturing plants worldwide.
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Interesting Facts:

  • The company's main customers include DNOC, Aramco, Champions Pipe & Supply, DongFang, Exxon, Mitsubishi Hitachi Power Systems, Pipeco Services, Salzgitter, and Toolpushers.
  • Revenue in 2016 was €2.965 billion.
  • In December 2017, Vallourec agreed to sell its Vallourec Drilling Products business to National Oilwell Varco for $63 million.
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