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Var Energi ASA (Var Energi ASA) Earnings per Share (Diluted) : $0.42 (TTM As of Mar. 2024)


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What is Var Energi ASA Earnings per Share (Diluted)?

Var Energi ASA's Earnings per Share (Diluted) for the three months ended in Mar. 2024 was $0.08. Earnings per Share (Diluted) for the trailing twelve months (TTM) ended in Mar. 2024 was $0.42.

Var Energi ASA's EPS (Basic) for the three months ended in Mar. 2024 was $0.08. Its EPS (Basic) for the trailing twelve months (TTM) ended in Mar. 2024 was $0.42.

Var Energi ASA's EPS without NRI for the three months ended in Mar. 2024 was $0.05. Its EPS without NRI for the trailing twelve months (TTM) ended in Mar. 2024 was $0.73.

During the past 12 months, Var Energi ASA's average EPS without NRIGrowth Rate was -23.30% per year. During the past 3 years, the average EPS without NRIGrowth Rate was 211.30% per year.

During the past 6 years, Var Energi ASA's highest 3-Year average EPS without NRI Growth Rate was 211.30% per year. The lowest was 107.70% per year. And the median was 159.50% per year.


Var Energi ASA Earnings per Share (Diluted) Historical Data

The historical data trend for Var Energi ASA's Earnings per Share (Diluted) 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.

* Premium members only.

Var Energi ASA Earnings per Share (Diluted) Chart

Var Energi ASA Annual Data
Trend Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Earnings per Share (Diluted)
Get a 7-Day Free Trial 0.06 -1.30 0.52 0.76 0.48

Var Energi ASA Quarterly Data
Dec19 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24
Earnings per Share (Diluted) Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 0.16 0.08 0.16 0.10 0.08

Competitive Comparison of Var Energi ASA's Earnings per Share (Diluted)

For the Oil & Gas E&P subindustry, Var Energi ASA's PE Ratio, along with its competitors' market caps and PE Ratio 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.


Var Energi ASA's PE Ratio Distribution in the Oil & Gas Industry

For the Oil & Gas industry and Energy sector, Var Energi ASA's PE Ratio distribution charts can be found below:

* The bar in red indicates where Var Energi ASA's PE Ratio falls into.



Var Energi ASA Earnings per Share (Diluted) Calculation

Earnings Per Share (EPS) is the amount of earnings per outstanding share of the company's stock. In calculating earnings per share, the dividends of preferred stocks need to subtracted from the total net income first.

Var Energi ASA's Earnings Per Share (Diluted) for the fiscal year that ended in Dec. 2023 is calculated as

Diluted Earnings Per Share (A: Dec. 2023 ) = (Net Income - Preferred Dividends) / Shares Outstanding (Diluted Average)
=(610.229-0)/1248.203
=0.49

Var Energi ASA's Earnings Per Share (Diluted) for the quarter that ended in Mar. 2024 is calculated as

Diluted Earnings Per Share (Q: Mar. 2024 )=(Net Income - Preferred Dividends / Shares Outstanding (Diluted Average)
=(100.091-0)/1251.138
=0.08

Earnings per Share (Diluted) for the trailing twelve months (TTM) ended in Mar. 2024 adds up the quarterly data reported by the company within the most recent 12 months, which was $0.42

* 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.

Companies also reported diluted shares in their financial reports. Diluted shares include the shares of convertibles or warrants outstanding.


Var Energi ASA  (OTCPK:VARRY) Earnings per Share (Diluted) Explanation

Earnings Per Share (EPS) is the single most important variable used by Wall Street in determining the earnings power of a company. But investors need to be aware that Earnings per Share can be easily manipulated by adjusting depreciation and amortization rate or non-recurring items. That's why GuruFocus lists EPS without NRI, which better reflects the company's underlying performance.


Be Aware

Compared with Earnings per share, a company's cash flow is better indicator of the company's earnings power.

If a company's earnings per share is less than cash flow per share over long term, investors need to be cautious and find out why.


Var Energi ASA Earnings per Share (Diluted) Related Terms

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Var Energi ASA (Var Energi ASA) Business Description

Industry
Traded in Other Exchanges
Address
Vestre Svanholmen 1, Sandnes, NOR, 4313
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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