VAR Stock Overview
Operates as an independent upstream oil and gas company on the Norwegian continental shelf in Norway.
| Snowflake Score | |
|---|---|
| Valuation | 0/6 |
| Future Growth | 3/6 |
| Past Performance | 3/6 |
| Financial Health | 2/6 |
| Dividends | 2/6 |
Vår Energi AS Competitors
Price History & Performance
| Historical stock prices | |
|---|---|
| Current Share Price | kr37.15 |
| 52 Week High | kr39.36 |
| 52 Week Low | kr25.20 |
| Beta | 0.13 |
| 1 Month Change | 2.12% |
| 3 Month Change | 12.00% |
| 1 Year Change | 42.45% |
| 3 Year Change | n/a |
| 5 Year Change | n/a |
| Change since IPO | 34.02% |
Recent News & Updates
Recent updates
Estimating The Intrinsic Value Of Vår Energi AS (OB:VAR)
May 22
These 4 Measures Indicate That Vår Energi (OB:VAR) Is Using Debt Extensively
Apr 15Vår Energi's (OB:VAR) Soft Earnings Don't Show The Whole Picture
Mar 25The Price Is Right For Vår Energi AS (OB:VAR)
Mar 06Is There An Opportunity With Vår Energi AS' (OB:VAR) 21% Undervaluation?
Dec 23Vår Energi AS (OB:VAR) Shares Could Be 48% Below Their Intrinsic Value Estimate
Aug 21Investors Shouldn't Overlook Vår Energi's (OB:VAR) Impressive Returns On Capital
Jun 19Investors Aren't Buying Vår Energi AS' (OB:VAR) Earnings
May 06Why We Like The Returns At Vår Energi (OB:VAR)
Feb 17Is Vår Energi AS (OB:VAR) Worth kr34.4 Based On Its Intrinsic Value?
Jan 03The Strong Earnings Posted By Vår Energi (OB:VAR) Are A Good Indication Of The Strength Of The Business
Aug 03Earnings Miss: Vår Energi AS Missed EPS By 88% And Analysts Are Revising Their Forecasts
Jul 29Vår Energi AS' (OB:VAR) Intrinsic Value Is Potentially 84% Above Its Share Price
Jul 09Shareholder Returns
| VAR | NO Oil and Gas | NO Market | |
|---|---|---|---|
| 7D | 1.7% | -0.3% | -0.3% |
| 1Y | 42.4% | 7.5% | 8.0% |
Return vs Industry: VAR exceeded the Norwegian Oil and Gas industry which returned 7.5% over the past year.
Return vs Market: VAR exceeded the Norwegian Market which returned 8% over the past year.
Price Volatility
| VAR volatility | |
|---|---|
| VAR Average Weekly Movement | 3.8% |
| Oil and Gas Industry Average Movement | 4.4% |
| Market Average Movement | 5.0% |
| 10% most volatile stocks in NO Market | 10.6% |
| 10% least volatile stocks in NO Market | 3.0% |
Stable Share Price: VAR has not had significant price volatility in the past 3 months.
Volatility Over Time: VAR's weekly volatility (4%) has been stable over the past year.
About the Company
| Founded | Employees | CEO | Website |
|---|---|---|---|
| 1965 | 1,300 | Nick Walker | www.varenergi.no |
Vår Energi AS operates as an independent upstream oil and gas company on the Norwegian continental shelf in Norway. It produces crude oil, liquified natural gas, and natural gas liquids. The company was formerly known as Eni Norge AS and changed its name to Vår Energi AS in December 2018.
Vår Energi AS Fundamentals Summary
| VAR fundamental statistics | |
|---|---|
| Market cap | kr92.74b |
| Earnings (TTM) | kr5.24b |
| Revenue (TTM) | kr70.06b |
17.7x
P/E Ratio1.3x
P/S RatioIs VAR overvalued?
See Fair Value and valuation analysisEarnings & Revenue
| VAR income statement (TTM) | |
|---|---|
| Revenue | US$6.68b |
| Cost of Revenue | US$1.13b |
| Gross Profit | US$5.54b |
| Other Expenses | US$5.04b |
| Earnings | US$499.08m |
Last Reported Earnings
Mar 31, 2024
Next Earnings Date
Jul 23, 2024
| Earnings per share (EPS) | 0.20 |
| Gross Margin | 83.05% |
| Net Profit Margin | 7.48% |
| Debt/Equity Ratio | 307.1% |
How did VAR perform over the long term?
See historical performance and comparison