Okea ASA (OSTO:OKEA) 3-Year Revenue Growth Rate : 73.40% (As of Mar. 2024)

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What is Okea ASA 3-Year Revenue Growth Rate?

Okea ASA's Revenue per Share for the three months ended in Mar. 2024 was kr32.92.

During the past 12 months, Okea ASA's average Revenue per Share Growth Rate was 18.20% per year. During the past 3 years, the average Revenue per Share Growth Rate was 73.40% per year. During the past 5 years, the average Revenue per Share Growth Rate was 67.30% 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 9 years, the highest 3-Year average Revenue per Share Growth Rate of Okea ASA was 1154.90% per year. The lowest was 24.90% per year. And the median was 108.90% per year.

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

For the Oil & Gas E&P subindustry, Okea 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.

Okea ASA's 3-Year Revenue Growth Rate Distribution in the Oil & Gas Industry

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

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

Okea 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.

Okea ASA (OSTO:OKEA) 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.

Okea ASA 3-Year Revenue Growth Rate Related Terms

Thank you for viewing the detailed overview of Okea ASA's 3-Year Revenue Growth Rate provided by GuruFocus.com. Please click on the following links to see related term pages.

Okea ASA (OSTO:OKEA) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Energy » Oil & Gas » Okea ASA (OSTO:OKEA) » Definitions » 3-Year Revenue Growth Rate

Comparable Companies

Traded in Other Exchanges

OKEA:Norway OKEAo:UK 3SX:Germany

Address

Kongens Gate 8, Trondheim, NOR, 7011

Website

https://www.okea.no

Okea ASA is an independent oil producer. The company's only reportable segment is the development and production of oil and gas on the Norwegian Continental Shelf. Its operation includes Draugen Field, Gjoa Field, Ivar Aasen, Grevling and Yme.

Okea ASA (OSTO:OKEA) Headlines

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