PetroNor E&P ASA (OSL:PNOR) Capex-to-Revenue : 0.17 (As of Dec. 2023)

PetroNor E&P ASA Capex-to-Revenue Chart

PetroNor E&P ASA Quarterly Data
	Dec18	Dec19	Jun20	Dec20	Mar21	Jun21	Dec21	Mar22	Jun22	Sep22	Dec22	Jun23	Sep23	Dec23
Capex-to-Revenue	Get a 7-Day Free Trial									0.85	0.12	-	0.64	0.17

Competitive Comparison of PetroNor E&P ASA's Capex-to-Revenue

For the Oil & Gas E&P subindustry, PetroNor E&P ASA's Capex-to-Revenue, along with its competitors' market caps and Capex-to-Revenue data, can be viewed below:

* Competitive companies are chosen from companies within the same industry, with headquarter located in same country, with closest market capitalization; x-axis shows the market cap, and y-axis shows the term value; the bigger the dot, the larger the market cap. Note that "N/A" values will not show up in the chart.

PetroNor E&P ASA's Capex-to-Revenue Distribution in the Oil & Gas Industry

For the Oil & Gas industry and Energy sector, PetroNor E&P ASA's Capex-to-Revenue distribution charts can be found below:

* The bar in red indicates where PetroNor E&P ASA's Capex-to-Revenue falls into.

PetroNor E&P ASA Capex-to-Revenue Calculation

PetroNor E&P ASA's Capex-to-Revenue for the fiscal year that ended in Dec. 2023 is calculated as

PetroNor E&P ASA's Capex-to-Revenue for the quarter that ended in Dec. 2023 is calculated as

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

PetroNor E&P ASA  (OSL:PNOR) Capex-to-Revenue Explanation

Capex-to-Revenue measures a company's investments in physical assets such as property, industrial buildings or equipment to its revenue. The ratio shows how aggressively the company reinvests its revenue back into productive assets. However, a high ratio potentially indicates that the company has invested too much in innovation and infrastructure, taking up funds that could be used to boost productivity and increase revenue. Therefore, a high Capex to Revenue Ratio could be a positive or a negative sign depending on how effectively a company converts those investments into future earnings.

PetroNor E&P ASA Capex-to-Revenue Related Terms

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PetroNor E&P ASA (OSL:PNOR) Business Description