VARO Stock Overview
Vår Energi AS operates as an independent upstream oil and gas company on the Norwegian continental shelf in Norway.
| Snowflake Score | |
|---|---|
| Valuation | 2/6 |
| Future Growth | 4/6 |
| Past Performance | 3/6 |
| Financial Health | 2/6 |
| Dividends | 2/6 |
Vår Energi AS Competitors
Price History & Performance
| Historical stock prices | |
|---|---|
| Current Share Price | kr37.69 |
| 52 Week High | kr37.69 |
| 52 Week Low | kr24.52 |
| Beta | 0.13 |
| 1 Month Change | 14.14% |
| 3 Month Change | 26.03% |
| 1 Year Change | 35.62% |
| 3 Year Change | n/a |
| 5 Year Change | n/a |
| Change since IPO | 13.52% |
Recent News & Updates
Recent updates
Shareholder Returns
| VARO | GB Oil and Gas | GB Market | |
|---|---|---|---|
| 7D | 0% | 0.1% | 1.4% |
| 1Y | 35.6% | 9.8% | 1.1% |
Return vs Industry: VARO exceeded the UK Oil and Gas industry which returned 9.8% over the past year.
Return vs Market: VARO exceeded the UK Market which returned 1.1% over the past year.
Price Volatility
| VARO volatility | |
|---|---|
| VARO Average Weekly Movement | n/a |
| Oil and Gas Industry Average Movement | 7.8% |
| Market Average Movement | 4.8% |
| 10% most volatile stocks in GB Market | 11.3% |
| 10% least volatile stocks in GB Market | 2.7% |
Stable Share Price: VARO has not had significant price volatility in the past 3 months.
Volatility Over Time: Insufficient data to determine VARO's volatility change 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
| VARO fundamental statistics | |
|---|---|
| Market cap | kr93.07b |
| Earnings (TTM) | kr5.50b |
| Revenue (TTM) | kr73.59b |
16.9x
P/E Ratio1.3x
P/S RatioIs VARO overvalued?
See Fair Value and valuation analysisEarnings & Revenue
| VARO 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 VARO perform over the long term?
See historical performance and comparisonDividends
12.2%
Current Dividend Yield226%
Payout RatioDoes VARO pay a reliable dividends?
See VARO dividend history and benchmarks| Vår Energi dividend dates | |
|---|---|
| Ex Dividend Date | Apr 29 2024 |
| Dividend Pay Date | May 08 2024 |
| Days until Ex dividend | 1 day |
| Days until Dividend pay date | 8 days |
Does VARO pay a reliable dividends?
See VARO dividend history and benchmarks