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Var Energi ASA (Var Energi ASA) 3-Year Revenue Growth Rate : 42.30% (As of Mar. 2024)


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What is Var Energi ASA 3-Year Revenue Growth Rate?

Var Energi ASA's Revenue per Share for the three months ended in Mar. 2024 was $1.56.

During the past 12 months, Var Energi ASA's average Revenue per Share Growth Rate was -25.00% 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 the average Revenue per Share growth rate.

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


Competitive Comparison of Var Energi ASA's 3-Year Revenue Growth Rate

For the Oil & Gas E&P subindustry, Var Energi ASA's 3-Year Revenue Growth Rate, along with its competitors' market caps and 3-Year Revenue Growth Rate 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 3-Year Revenue Growth Rate Distribution in the Oil & Gas Industry

For the Oil & Gas industry and Energy sector, Var Energi ASA's 3-Year Revenue Growth Rate distribution charts can be found below:

* The bar in red indicates where Var Energi ASA's 3-Year Revenue Growth Rate falls into.



Var Energi ASA 3-Year Revenue Growth Rate Calculation

This is the 3-year average growth rate of Revenue per Share. The growth rate is calculated using exponential compounding based on the latest four year annual data.

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 the average Revenue per Share growth rate.


Var Energi ASA  (OTCPK:VARRY) 3-Year Revenue Growth Rate Explanation

Revenue per Share is the amount of Revenue per outstanding share of the company's stock.

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 per share growth rate is used in calculating Predictability Rank, companies with more consistent revenue and earnings growth are ranked high with predictability.


Var Energi ASA 3-Year Revenue Growth Rate 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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