Var Energi ASA
OSE:VAR
Net Margin
Var Energi ASA
Net Margin measures how much net income is generated as a percentage of revenues received. It helps investors assess if a company's management is generating enough profit from its sales and whether operating costs and overhead costs are being contained.
Net Margin Across Competitors
| Country | Company | Market Cap |
Net Margin |
||
|---|---|---|---|---|---|
| NO |
V
|
Var Energi ASA
OSE:VAR
|
81.8B NOK |
8%
|
|
| US |
|
Conocophillips
NYSE:COP
|
114.7B USD |
17%
|
|
| CN |
C
|
CNOOC Ltd
SSE:600938
|
717B CNY |
32%
|
|
| US |
|
EOG Resources Inc
NYSE:EOG
|
66.8B USD |
26%
|
|
| CA |
|
Canadian Natural Resources Ltd
TSX:CNQ
|
91.4B CAD |
20%
|
|
| US |
P
|
Pioneer Natural Resources Co
LSE:0KIX
|
46B USD |
25%
|
|
| US |
|
Hess Corp
NYSE:HES
|
43.3B USD |
18%
|
|
| US |
V
|
Venture Global Inc
NYSE:VG
|
40.5B USD |
17%
|
|
| US |
|
Diamondback Energy Inc
NASDAQ:FANG
|
40.5B USD |
31%
|
|
| US |
|
EQT Corp
NYSE:EQT
|
34.8B USD |
7%
|
|
| US |
C
|
Continental Resources Inc
F:C5L
|
25.8B EUR |
40%
|
Var Energi ASA
Glance View
In the ever-evolving landscape of the global energy sector, Var Energi ASA stands out as a testament to the rich tradition and promising future of Norway's oil and gas industry. Born from the merger of Eni Norge and Point Resources in 2018, Var Energi has quickly carved out a significant niche for itself as one of the leading exploration and production companies on the Norwegian Continental Shelf. Leveraging decades of expertise, the company adeptly manages a diverse portfolio of assets spanning the entire value chain— from exploration and field development to production and decommissioning. With a strategic focus on innovation and sustainability, Var Energi aims to optimize hydrocarbon recovery from its mature fields while simultaneously exploring new opportunities both within and beyond Norway's borders. The company's revenue model hinges predominantly on the extraction and sale of oil and natural gas. Var Energi capitalizes on the abundant reserves found in its existing fields, applying advanced technological solutions to enhance recovery rates and extend the life of these assets. This operational efficiency is coupled with a sharp eye for cost management, ensuring healthy margins even amid fluctuating commodity prices. Moreover, Var Energi is not just resting on its laurels; it actively pursues new field developments and exploration projects that promise future growth. By maintaining a balanced mix of mature and emerging assets, the company positions itself to thrive in a world increasingly conscious of energy sustainability, thus securing its role as a crucial player in the transition toward cleaner energy sources while maximizing shareholder value.
See Also
Net Margin measures how much net income is generated as a percentage of revenues received. It helps investors assess if a company's management is generating enough profit from its sales and whether operating costs and overhead costs are being contained.
Based on Var Energi ASA's most recent financial statements, the company has Net Margin of 8.4%.
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