Vår Energi AS (OSL:VAR)

Norway flag Norway · Delayed Price · Currency is NOK
35.27
-0.39 (-1.09%)
Aug 1, 2025, 4:29 PM CET
-1.09%
Market Cap88.05B
Revenue (ttm)72.34B
Net Income (ttm)6.18B
Shares Out2.50B
EPS (ttm)2.47
PE Ratio14.25
Forward PE7.95
Dividend4.77 (13.37%)
Ex-Dividend DateAug 18, 2025
Volume4,218,612
Average Volume3,444,845
Open35.67
Previous Close35.66
Day's Range35.19 - 36.10
52-Week Range26.81 - 39.49
Beta-0.02
RSI62.04
Earnings DateJul 22, 2025

About Vår Energi AS

Vår Energi AS operates as an independent upstream oil and gas company on the Norwegian continental shelf in Norway. It produces crude oil and natural gas liquids. The company was formerly known as Eni Norge AS and changed its name to Vår Energi AS in December 2018. The company was incorporated in 1965 and is headquartered in Sandnes, Norway. Vår Energi AS operates as a subsidiary of Eni International B.V. [Read more]

Sector Energy
Founded 1965
Employees 1,404
Stock Exchange Oslo Børs
Ticker Symbol VAR
Full Company Profile

Financial Performance

In 2024, Vår Energi AS's revenue was $7.37 billion, an increase of 8.16% compared to the previous year's $6.82 billion. Earnings were $265.30 million, a decrease of -55.93%.

Financial numbers in USD Financial Statements

News

VåR Energi Has Large Growth Prospects At Play With A Supportive Commodities Market

Vår Energi is set for strong growth, targeting 400Mboe/d by 2026 and reducing costs to $10/bbl by Q4'25. New low-cost production, major discoveries, and operational optimizations support sustainable o...

2 days ago - Seeking Alpha

Vår Energi: 20%+ Further Potential Upside Despite Volatility

Vår Energi remains a 'Buy' due to strong fundamentals, high yield, and operational outperformance, despite a lower margin of safety than before. The company boasts low leverage, robust cash flow, and ...

10 days ago - Seeking Alpha

Vår Energi AS (VARRY) Q2 2025 Earnings Call Transcript

Vår Energi AS (OTCPK:VARRY) Q2 2025 Earnings Conference Call July 22, 2025 4:00 AM ET Company Participants Carlo Santopadre - Chief Financial Officer Ida Marie Fjellheim - Vice President of Investor R...

10 days ago - Seeking Alpha

Var Energi Makes Gas Discovery Near Norwegian Sea Oilfield

Var Energi has made a commercial gas and condensate discovery near its Fenja oilfield in the Norwegian Sea and could develop it as a tie-in to the producing field, the Norwegian oil company said on Mo...

11 days ago - OilPrice com

Vår Energi AS (VARRY) Q1 2025 Earnings Call Transcript

Vår Energi AS (OTCPK:VARRY) Q1 2025 Results Conference Call April 23, 2025 4:00 AM ET Company Participants Ida Fjellheim - Head of Investor Relations Nick Walker - Chief Executive Officer Carlo Santop...

3 months ago - Seeking Alpha

VåR Energi: Premium Pricing Is Normalizing, I'm At 'BUY'

Over the past year, I've invested heavily in European/international oil and energy companies like Eni and TotalEnergies, but I haven't yet touched Vår Energi AS, a Norwegian company. In this article, ...

3 months ago - Seeking Alpha

Vår Energi AS (VARRY) Q3 2024 Earnings Call Transcript

Vår Energi AS (OTCPK:VARRY) Q3 2024 Results Conference Call October 22, 2024 4:00 AM ET Company Participants Ida Fjellheim - Head of IR Nick Walker - Chief Executive Officer Stefano Pujatti - Chief Fi...

10 months ago - Seeking Alpha

Var Energi: An Under-The-Radar E&P Play With Significant Upside

Var Energi, a major Norwegian oil and gas producer, is poised for growth with upcoming projects and a strategic acquisition of Neptune Energy. Despite temporary challenges, production is set to increa...

11 months ago - Seeking Alpha

Vår Energi AS (VARRY) Q2 2024 Earnings Call Transcript

Vår Energi AS (VARRY)) Q2 2024 Earnings Conference Call July 23, 2024 4:00 AM ET Company Participants Ida Marie Fjellheim - Head of IR Nick Walker - CEO Stefano Pujatti - CFO Conference Call Participa...

1 year ago - Seeking Alpha

Var Energi AS Has High Potential In A Harsh Environment

Var Energi is ramping up production with 8 projects in progress, aiming to increase production from 299Mboe/d to 350-400Mboe/d by 2025. The integration of recently acquired assets from Neptune Energy ...

1 year ago - Seeking Alpha

Vår Energi AS (VARRY) Q1 2024 Earnings Call Transcript

Vår Energi AS (OTCPK:VARRY)) Q1 2024 Earnings Call Transcript April 23, 2024 4:00 AM ET Company Participants Ida Marie Fjellheim - Head of Investor Relations Nick Walker - Chief Executive Officer Stef...

1 year ago - Seeking Alpha