Vår Energi ASA (OSL:VAR)

Norway flag Norway · Delayed Price · Currency is NOK
47.20
-0.10 (-0.21%)
Jul 31, 2026, 4:29 PM CET
Market Cap117.83B +33.0%
Revenue (ttm)105.67B +49.2%
Net Income12.95B +105.9%
EPS5.19 +114.2%
Shares Out 2.50B
PE Ratio9.09
Forward PE9.88
Dividend4.89 (10.35%)
Ex-Dividend DateAug 21, 2026
Volumen/a
Open46.98
Previous Close47.30
Day's Range46.91 - 47.70
52-Week Range31.00 - 50.70
Beta-0.49
AnalystsBuy
Price Target50.34 (+6.65%)
Earnings DateJul 21, 2026

About Vår Energi ASA

Vår Energi ASA operates as an independent upstream oil and gas company on the Norwegian continental shelf in Norway. The company produces crude oil and natural gas liquids. It also engages in the production, development, and exploration assets on the Norwegian Continental Shelf (NCS). 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 ASA is a subsidiary of Eni International B.V. [Read more]

Sector Energy
Founded 1965
Employees 1,433
Stock Exchange Oslo Børs
Ticker Symbol VAR
Full Company Profile

Financial Performance

In 2025, Vår Energi ASA's revenue was $7.97 billion, an increase of 8.05% compared to the previous year's $7.37 billion. Earnings were $780.20 million, an increase of 194.08%.

Financial numbers in USD Financial Statements

Analyst Summary

According to 14 analysts, the average rating for VAR stock is "Buy." The 12-month stock price target is kr 50.34, which is an increase of 6.65% from the latest price.

Price Target
kr 50.34
(6.65% upside)
Analyst Consensus: Buy
Stock Forecasts

News

Vår Energi ASA Earnings Call Transcript: Q2 2026

Record Q2 results were driven by high prices and operational strength, with production on track for full-year guidance. The BlueNord combination will create Europe's largest independent oil and gas producer, boosting reserves, production, and dividend capacity while maintaining strong financial discipline.

12 days ago - Transcripts

Vår Energi ASA Quarterly report: Q2 2026

Vår Energi ASA has published its Q2 2026 quarterly earnings report on July 21, 2026.

12 days ago - Filings

Vår Energi ASA Slides: Q2 2026

Vår Energi ASA has posted slides in relation to its Q2 2026 quarterly earnings report, which was published on July 21, 2026.

12 days ago - Filings

Vår Energi ASA Press release: Q2 2026

Vår Energi ASA issued a press release on July 21, 2026, disclosing material business information to investors.

12 days ago - Filings

Var Energi Agrees $1.3 Billion Deal to Buy BlueNord

The company, which operates on the Norwegian Continental Shelf, said the deal will increase its exposure to European gas markets and expands access to key gas infrastructure.

12 days ago - WSJ

Vår Energi ASA Earnings Call Transcript: Q1 2026

Record Q1 2026 production and strong financials were driven by high prices and operational efficiency, with $2.7B in revenue and $1.1B CFFO post-tax. Dividend guidance remains robust, and the company is positioned for continued growth and resilience.

3 months ago - Transcripts

Vår Energi ASA Quarterly report: Q1 2026

Vår Energi ASA has published its Q1 2026 quarterly earnings report on April 22, 2026.

3 months ago - Filings

Vår Energi ASA Slides: Q1 2026

Vår Energi ASA has posted slides in relation to its Q1 2026 quarterly earnings report, which was published on April 22, 2026.

3 months ago - Filings

Vår Energi ASA Earnings Call Transcript: Q4 2025

2025 saw record production, strong financials, and major project completions, positioning the company for long-term growth and value creation. Guidance for 2026 targets sustained high output, disciplined capital allocation, and attractive dividends, supported by a robust project pipeline and industry-leading ESG performance.

6 months ago - Transcripts

Vår Energi ASA Annual report: Q4 2025

Vår Energi ASA has published its Q4 2025 annual report on February 10, 2026.

6 months ago - Filings

Vår Energi ASA Quarterly report: Q4 2025

Vår Energi ASA has published its Q4 2025 quarterly earnings report on February 10, 2026.

6 months ago - Filings

Vår Energi ASA Slides: Q4 2025

Vår Energi ASA has posted slides in relation to its Q4 2025 quarterly earnings report, which was published on February 10, 2026.

6 months ago - Filings

Vår Energi ASA Slides: Investor presentation

Vår Energi ASA has posted slides in relation to its latest quarterly earnings report, which was published on December 22, 2025.

7 months ago - Filings

Vår Energi ASA Earnings Call Transcript: Q3 2025

Transformational production growth and major project completions drove strong Q3 results, with production reaching 370,000 boepd and a Q4 target of 430,000 boepd. Financials remain robust, with $1.2 billion in Q3 post-tax cash flow and $3.6 billion liquidity, supporting stable dividends and a resilient outlook.

10 months ago - Transcripts

Vår Energi ASA Quarterly report: Q3 2025

Vår Energi ASA has published its Q3 2025 quarterly earnings report on October 21, 2025.

10 months ago - Filings

Vår Energi ASA Slides: Q3 2025

Vår Energi ASA has posted slides in relation to its Q3 2025 quarterly earnings report, which was published on October 21, 2025.

10 months ago - Filings