GURUFOCUS.COM » STOCK LIST » Energy » Oil & Gas » Var Energi ASA (OSL:VAR) » Definitions » Revenue

Var Energi ASA (OSL:VAR) Revenue : kr78,344 Mil (TTM As of Sep. 2024)


View and export this data going back to 2022. Start your Free Trial

What is Var Energi ASA Revenue?

Var Energi ASA's revenue for the three months ended in Sep. 2024 was kr19,428 Mil. Its revenue for the trailing twelve months (TTM) ended in Sep. 2024 was kr78,344 Mil. Var Energi ASA's Revenue per Share for the three months ended in Sep. 2024 was kr7.78. Its Revenue per Share for the trailing twelve months (TTM) ended in Sep. 2024 was kr31.36.

During the past 12 months, the average Revenue per Share Growth Rate of Var Energi ASA was -0.20% per year. During the past 3 years, the average Revenue per Share Growth Rate was 42.30% per year. Please click Growth Rate Calculation Example (GuruFocus) to see how GuruFocus calculates Wal-Mart Stores Inc (WMT)'s revenue growth rate. You can apply the same method to get other companies' revenue growth rate using Revenue per Share data.

During the past 6 years, Var Energi ASA's highest 3-Year average Revenue per Share Growth Rate was 56.00% per year. The lowest was 42.30% per year. And the median was 49.15% per year.


Var Energi ASA Revenue Historical Data

The historical data trend for Var Energi ASA's Revenue 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 Revenue Chart

Var Energi ASA Annual Data
Trend Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Revenue
Get a 7-Day Free Trial 25,457.21 24,977.49 54,276.16 96,632.74 71,904.35

Var Energi ASA Quarterly Data
Dec19 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24
Revenue 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 Premium Member Only Premium Member Only 17,327.20 17,712.05 20,680.90 20,522.93 19,427.62

Competitive Comparison of Var Energi ASA's Revenue

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


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

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

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



Var Energi ASA Revenue Calculation

Also referred as sales, revenue is income that a company receives from its normal business activities, usually from the sale of goods and services to customers. Revenue is often referred to as the "top line" due to its position on the income statement at the very top.

Revenue for the trailing twelve months (TTM) ended in Sep. 2024 adds up the quarterly data reported by the company within the most recent 12 months, which was kr78,344 Mil.

* 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.


Var Energi ASA  (OSL:VAR) Revenue Explanation

In ranking the predictability, companies with more consistent revenue and earnings growth are ranked high with predictability.

Peter Lynch categorized companies according to their revenue growth:


Slow Grower: Inflation < 10-Year Revenue Growth Rate < 10%:
Stalwart: 10% < 10-Year Revenue Growth Rate < 20%:
Fast Grower: 10-Year Revenue Growth Rate > 20%:

His favorite companies are stalwart, those growing between 10-20% a year.

Companies in cyclical industries may see their revenue fluctuate wildly in good years and bad years.


Be Aware

Revenue can be manipulated by changing the way how revenue is booked. Companies may book sales before the payment is received, or before the revenue is fully earned. These will be added to balance sheet items such as account payable or account receivables.


Var Energi ASA Revenue Related Terms

Thank you for viewing the detailed overview of Var Energi ASA's Revenue provided by GuruFocus.com. Please click on the following links to see related term pages.


Var Energi ASA Business Description

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 Headlines

From GuruFocus