Vår Energi Past Earnings Performance

Past criteria checks 2/6

Vår Energi has been growing earnings at an average annual rate of 31.7%, while the Oil and Gas industry saw earnings growing at 34.4% annually. Revenues have been growing at an average rate of 22.1% per year. Vår Energi's return on equity is 34.5%, and it has net margins of 8.8%.

Key information

31.7%

Earnings growth rate

31.7%

EPS growth rate

Oil and Gas Industry Growth39.7%
Revenue growth rate22.1%
Return on equity34.5%
Net Margin8.8%
Next Earnings Update23 Apr 2024

Recent past performance updates

Vår Energi's (OB:VAR) Soft Earnings Don't Show The Whole Picture

Mar 25
Vår Energi's (OB:VAR) Soft Earnings Don't Show The Whole Picture

Recent updates

Vår Energi's (OB:VAR) Soft Earnings Don't Show The Whole Picture

Mar 25
Vår Energi's (OB:VAR) Soft Earnings Don't Show The Whole Picture

The Price Is Right For Vår Energi AS (OB:VAR)

Mar 06
The Price Is Right For Vår Energi AS (OB:VAR)

Is There An Opportunity With Vår Energi AS' (OB:VAR) 21% Undervaluation?

Dec 23
Is There An Opportunity With Vår Energi AS' (OB:VAR) 21% Undervaluation?

Vår Energi AS (OB:VAR) Shares Could Be 48% Below Their Intrinsic Value Estimate

Aug 21
Vår Energi AS (OB:VAR) Shares Could Be 48% Below Their Intrinsic Value Estimate

Investors Shouldn't Overlook Vår Energi's (OB:VAR) Impressive Returns On Capital

Jun 19
Investors Shouldn't Overlook Vår Energi's (OB:VAR) Impressive Returns On Capital

Investors Aren't Buying Vår Energi AS' (OB:VAR) Earnings

May 06
Investors Aren't Buying Vår Energi AS' (OB:VAR) Earnings

Why We Like The Returns At Vår Energi (OB:VAR)

Feb 17
Why We Like The Returns At Vår Energi (OB:VAR)

Is Vår Energi AS (OB:VAR) Worth kr34.4 Based On Its Intrinsic Value?

Jan 03
Is Vår Energi AS (OB:VAR) Worth kr34.4 Based On Its Intrinsic Value?

The Strong Earnings Posted By Vår Energi (OB:VAR) Are A Good Indication Of The Strength Of The Business

Aug 03
The Strong Earnings Posted By Vår Energi (OB:VAR) Are A Good Indication Of The Strength Of The Business

Earnings Miss: Vår Energi AS Missed EPS By 88% And Analysts Are Revising Their Forecasts

Jul 29
Earnings Miss: Vår Energi AS Missed EPS By 88% And Analysts Are Revising Their Forecasts

Vår Energi AS' (OB:VAR) Intrinsic Value Is Potentially 84% Above Its Share Price

Jul 09
Vår Energi AS' (OB:VAR) Intrinsic Value Is Potentially 84% Above Its Share Price

Revenue & Expenses Breakdown
Beta

How Vår Energi makes and spends money. Based on latest reported earnings, on an LTM basis.


Earnings and Revenue History

OB:VAR Revenue, expenses and earnings (USD Millions)
DateRevenueEarningsG+A ExpensesR&D Expenses
31 Dec 236,816602860
30 Sep 237,491970550
30 Jun 238,396731480
31 Mar 239,387701390
31 Dec 229,781936720
30 Sep 229,708671390
30 Jun 228,803877440
31 Mar 227,487918510
31 Dec 216,043654510
30 Sep 214,552-146330
31 Dec 202,869-1,627370
31 Dec 192,8362862490
31 Dec 182,5572751560
31 Dec 171,9231632630

Quality Earnings: VAR has high quality earnings.

Growing Profit Margin: VAR's current net profit margins (8.8%) are lower than last year (9.6%).


Free Cash Flow vs Earnings Analysis


Past Earnings Growth Analysis

Earnings Trend: VAR's earnings have grown significantly by 31.7% per year over the past 5 years.

Accelerating Growth: VAR's has had negative earnings growth over the past year, so it can't be compared to its 5-year average.

Earnings vs Industry: VAR had negative earnings growth (-35.7%) over the past year, making it difficult to compare to the Oil and Gas industry average (79.1%).


Return on Equity

High ROE: Whilst VAR's Return on Equity (34.51%) is high, this metric is skewed due to their high level of debt.


Return on Assets


Return on Capital Employed


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