Vår Energi AS (VARRY)

OTCMKTS · Delayed Price · Currency is USD
6.79
-0.31 (-4.37%)
Jul 31, 2025, 4:00 PM EDT
-4.37%
Market Cap8.57B
Revenue (ttm)7.15B
Net Income (ttm)610.60M
Shares Outn/a
EPS (ttm)0.24
PE Ratio14.03
Forward PE8.10
Dividend0.49 (7.18%)
Ex-Dividend DateMay 5, 2025
Volume2,340
Average Volume1,160
Open6.79
Previous Close7.10
Day's Range6.79 - 6.79
52-Week Range5.01 - 7.33
Beta-0.02
RSI51.47
Earnings DateJul 22, 2025

About Exscientia

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 OTCMKTS
Ticker Symbol VARRY
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 EUR 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

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