Var Energi ASA (Var Energi ASA) Construction In Progress : $6,407 Mil (As of Mar. 2024)

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What is Var Energi ASA Construction In Progress?

Var Energi ASA's quarterly construction in progress declined from Sep. 2023 ($6,399 Mil) to Dec. 2023 ($6,310 Mil) but then increased from Dec. 2023 ($6,310 Mil) to Mar. 2024 ($6,407 Mil).

Var Energi ASA's annual construction in progress increased from Dec. 2021 ($5,113 Mil) to Dec. 2022 ($6,308 Mil) and increased from Dec. 2022 ($6,308 Mil) to Dec. 2023 ($6,310 Mil).

Var Energi ASA Construction In Progress Historical Data

The historical data trend for Var Energi ASA's Construction In Progress can be seen below:

* 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.

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Var Energi ASA Construction In Progress Chart

Var Energi ASA Annual Data

Trend

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Construction In Progress

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2,689.89

3,778.10

5,113.43

6,307.51

6,310.24

Var Energi ASA Quarterly Data
	Dec19	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23	Mar24
Construction In Progress	Get a 7-Day Free Trial											6,331.44	5,935.97	6,398.72	6,310.24	6,407.33

Var Energi ASA Construction In Progress Calculation

It records the cost of construction work, which is not yet completed (typically, applied to capital budget items). A construction in progress item is not depreciated until the asset is placed in service. Normally, upon completion, a construction in progress item is reclassified, and the reclassified asset is capitalized and depreciated.

Var Energi ASA (Var Energi ASA) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Energy » Oil & Gas » Var Energi ASA (OTCPK:VARRY) » Definitions » Construction In Progress

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Traded in Other Exchanges

VARo:Sweden VAR:Norway J4V:Germany

Address

Vestre Svanholmen 1, Sandnes, NOR, 4313

Website

https://www.varenergi.no

Var Energi ASA independent upstream oil and gas company on the Norwegian continental shelf. It operates within the geographical area of Norway and the business is entirely related to the exploration for and production of petroleum in Norway. Revenues are mainly related to the sale of oil, gas, and NGL.

Var Energi ASA (Var Energi ASA) Headlines

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