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Vår Energi ASA Stock Price

OB:VAR Community·NOK 132.6b Market Cap
  • 4 Narratives written by author
  • 0 Comments on narratives written by author
  • 96 Fair Values set on narratives written by author
Author Program NEWCreate Narrative

VAR Share Price Performance

NOK 53.12
20.35 (62.10%)
​
NOK 49.03
Fair Value
NOK 53.12
20.35 (62.10%)
8.3% overvalued intrinsic discount
NOK 49.03
Fair Value
Price NOK 53.12
AnalystConsensusTarget NOK 49.03
AnalystHighTarget NOK 58.65
AnalystLowTarget NOK 40.19
Fri, 5 Jun 26
Fair ValueNOK 49.03
Share Pricen/a

VAR Community Narratives

AN
AnalystConsensusTarget
AnalystConsensusTarget's
Fair Value
·
Fair Value NOK 49.03 8.3% overvalued intrinsic discount

VAR: Production Pipeline Expansion Will Drive Output Higher Through The Decade

0users have liked this narrative
0users have commented on this narrative
50users have followed this narrative
AN
AnalystHighTarget
AnalystHighTarget's
Fair Value
·
Fair Value NOK 58.65 9.4% undervalued intrinsic discount

Low Unit Cost Projects And Gas Exposure Will Support Stronger Long Term Cash Generation

0users have liked this narrative
0users have commented on this narrative
7users have followed this narrative
AN
AnalystLowTarget
AnalystLowTarget's
Fair Value
·
Fair Value NOK 40.19 32.2% overvalued intrinsic discount

Future Production And Cost Risks Will Undermine Long Term Norwegian Shelf Ambitions

0users have liked this narrative
0users have commented on this narrative
1users have followed this narrative
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Vår Energi
13.0% overvalued intrinsic discount

Vår Energi will deliver explosive growth with 20% production rise by 2025

View narrative
DA
Daos
Daos
Published 20 Sep 2025
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VAR logo
Vår Energi
9.4% undervalued intrinsic discount

Low Unit Cost Projects And Gas Exposure Will Support Stronger Long Term Cash Generation

View narrative
AN
AnalystHighTarget
AnalystHighTarget
Updated 26 Aug
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VAR logo
Vår Energi
32.2% overvalued intrinsic discount
Updated

Future Production And Cost Risks Will Undermine Long Term Norwegian Shelf Ambitions

View narrative
AN
AnalystLowTarget
AnalystLowTarget
Updated 9 Sep
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VAR logo
Vår Energi
8.3% overvalued intrinsic discount

VAR: Production Pipeline Expansion Will Drive Output Higher Through The Decade

View narrative
AN
AnalystConsensusTarget
AnalystConsensusTarget
Updated 5 Jun
Read Narrative

Trending Discussion

No trending discussion available.

Recently Updated Narratives

DA
Daos
VAR logo

Vår Energi will deliver explosive growth with 20% production rise by 2025

Fair Value: NOK 47 13.0% overvalued intrinsic discount
6 fair values setusers have set this as their fair value
0 commentsusers have commented on this narrative
0 likesusers have liked this narrative
AN
AnalystLowTarget
VAR logo

VAR: BlueNord Acquisition And Higher Leverage Will Constrain Future Returns

Fair Value: NOK 40.19 32.2% overvalued intrinsic discount
1 fair value setusers have set this as their fair value
0 commentsusers have commented on this narrative
0 likesusers have liked this narrative
AN
AnalystHighTarget
VAR logo

VAR: BlueNord Merger And New Wells Program Will Support Future Upside

Fair Value: NOK 58.65 9.4% undervalued intrinsic discount
7 fair values setusers have set this as their fair value
0 commentsusers have commented on this narrative
1 likeusers have liked this narrative

Snowflake Analysis

Solid track record, good value and pays a dividend.

3 Risks
2 Rewards
View Full Analysis

Vår Energi ASA Key Details

US$10.7b

Revenue

US$1.3b

Cost of Revenue

US$9.4b

Gross Profit

US$8.1b

Other Expenses

US$1.3b

Earnings

Last Reported Earnings
Jun 30, 2026
Next Reporting Earnings
Oct 21, 2026
0.52
88.11%
12.26%
296.9%
View Full Analysis

About VAR

Founded
1965
Employees
1433
CEO
Nicholas John Walker
WebsiteView website
varenergi.no

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.

Recent VAR News & Updates

User avatar
Narrative Update • Sep 09

VAR: BlueNord Acquisition And Higher Leverage Will Constrain Future Returns

The analyst price target for Vår Energi has shifted modestly, with the updated fair value moving from about NOK 41.37 to NOK 40.19 as analysts weigh the new NOK 56 and NOK 55 targets against balance sheet pressures following the BlueNord acquisition. Analyst Commentary Recent research coverage on Vår Energi highlights a split view.
User avatar
Narrative Update • Aug 26

VAR: BlueNord Merger And New Wells Program Will Support Future Upside

Analysts have reduced their average price target on Vår Energi from NOK 60 to NOK 55, citing higher perceived balance sheet pressure following the BlueNord acquisition, as well as slightly more conservative assumptions on fair value, discount rate, revenue growth and profit margins, alongside a modestly higher future P/E multiple. What’s in the News for Vår Energi BlueNord shareholders approved the merger plan with Vår Energi 1 AS at an Extraordinary General Meeting.

Recent updates

No updates

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