OB:VAROil and Gas
Vår Energi (OB:VAR) Q1 EPS Rebound Tests Bullish Low Cost Production Narrative
Vår Energi (OB:VAR) opened 2026 with Q1 revenue of US$2.7b and basic EPS of US$0.14, alongside net income of US$356.5m. This set the tone against a trailing twelve month EPS of US$0.28 on US$8.8b of revenue. Over recent quarters, revenue has moved from US$1.7b in Q4 2024 to US$1.8b in Q1 2025 and US$2.2b in Q4 2025 before reaching US$2.7b in Q1 2026. Quarterly basic EPS ranged from a loss of US$0.09 in Q4 2024 to US$0.18 in Q1 2025 and US$0.14 in the latest quarter. Net income followed the...