05/12/19 18:48 MOEX (RUR): 50.48 change in % 0.26 LSE (USD): 3.11 change in % 0.01

Understanding TMK

TMK (LSE: TMKS) is a leading global manufacturer and supplier of steel pipes for oil and gas industry, operating more than 20 production sites in the United States, Russia, Canada, Romania, Oman and Kazakhstan with two R&D centers in Russia and the USA. In 2018, TMK’s pipe shipments totalled 4.0 million tonnes. The largest share of TMK’s sales belongs to high margin oil country tubular goods (OCTG), shipped to customers in over 80 countries. TMK delivers its products along with an extensive package of services in heat treating, protective coating, premium connections threading, warehousing and pipe repairing.

Consolidation of production assets across the globe, scientific and engineering innovations, and a geographically diversified sales network allowed the Company to create a modern vertically integrated entity manufacturing and supplying high-tech and competitive pipe products. TMK's unique production and service capacities satisfies the demand of a wide range of customers and offer effective solutions to their operational challenges.

Stock Chart

PAO "TMK" local shares are traded on Moscow Exchange under the TRMK ticker (Bloomberg: TRMK: RM / Reuters: TRMK.MM). Number of shares outstanding: 1,033,135,366; registration number: 1-01-29031-H.
Information on depositary receipts
  • PAO "TMK" Global depositary receipts (GDRs) are traded on the London Stock Exchange under the trade ticker TMKS (Bloomberg: TMKS:LI / Reuters: TRMKq.L)
  • Ratio: 1 GDR: 4 ordinary shares
CUSIP: 87260R201 87260R102
ISIN: US87260R2013 US87260R1023

Board of Directors consists of 11 members, including Chairman Dmitry A. Pumpyanskiy and five independent directors.