Vår Energi Management
Management criteria checks 1/4
We currently do not have sufficient information about the CEO.
Key information
Nick Walker
Chief executive officer
US$3.1m
Total compensation
| CEO salary percentage | 28.9% |
| CEO tenure | 1.6yrs |
| CEO ownership | 0.03% |
| Management average tenure | 1.6yrs |
| Board average tenure | no data |
Recent management updates
Recent updates
CEO Compensation Analysis
| Date | Total Compensation | Salary | Company Earnings |
|---|---|---|---|
| Mar 31 2025 | n/a | n/a | US$619m |
| Dec 31 2024 | US$3m | US$896k | US$265m |
| Sep 30 2024 | n/a | n/a | US$576m |
| Jun 30 2024 | n/a | n/a | US$601m |
| Mar 31 2024 | n/a | n/a | US$491m |
| Dec 31 2023 | US$1m | US$305k | US$602m |
Compensation vs Market: Nick's total compensation ($USD3.10M) is about average for companies of similar size in the UK market ($USD3.85M).
Compensation vs Earnings: Nick's compensation has increased by more than 20% in the past year.
CEO
Nick Walker (62 yo)
1.6yrs
Tenure
US$3,096,434
Compensation
Mr. Nicholas John Robert Walker, also known as Nick, serves as CEO at Vår Energi AS since September 05, 2023. He was Chief Executive Officer of Cairn Oil & Gas of Vedanta Limited from January 5, 2023 until...
Leadership Team
| Name | Position | Tenure | Compensation | Ownership |
|---|---|---|---|---|
| Chief Executive Officer | 1.6yrs | US$3.10m | 0.028% NOK 20.4m | |
| Chief Financial Officer | less than a year | US$316.86k | 0.00018% NOK 129.6k | |
| Chief Operating Officer | 1.6yrs | US$1.92m | 0.012% NOK 8.3m | |
| Executive VP of Legal | no data | US$898.15k | no data | |
| Executive VP People | no data | US$573.48k | 0.0019% NOK 1.3m | |
| Executive Vice President of Sustainability & Safety | 2.4yrs | US$470.66k | 0.0010% NOK 727.2k | |
| Vice President of Investor Relations | no data | no data | no data | |
| Senior Vice President of Internal Audit | 2.4yrs | US$400.00k | no data | |
| Vice President of Exploration | no data | US$380.87k | no data | |
| Development and Technology Manager | no data | no data | no data | |
| Vice President of Partner Operated Assets | no data | US$399.93k | no data | |
| Vice President of Contracts & Procurement | no data | US$311.40k | no data |
1.6yrs
Average Tenure
49.5yo
Average Age
Experienced Management: VARO's management team is not considered experienced ( 1.6 years average tenure), which suggests a new team.
Company Analysis and Financial Data Status
| Data | Last Updated (UTC time) |
|---|---|
| Company Analysis | 2025/04/30 23:08 |
| End of Day Share Price | 2025/04/25 00:00 |
| Earnings | 2025/03/31 |
| Annual Earnings | 2024/12/31 |
Data Sources
The data used in our company analysis is from S&P Global Market Intelligence LLC. The following data is used in our analysis model to generate this report. Data is normalised which can introduce a delay from the source being available.
| Package | Data | Timeframe | Example US Source * |
|---|---|---|---|
| Company Financials | 10 years |
| |
| Analyst Consensus Estimates | +3 years |
|
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| Market Prices | 30 years |
| |
| Ownership | 10 years |
| |
| Management | 10 years |
| |
| Key Developments | 10 years |
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* Example for US securities, for non-US equivalent regulatory forms and sources are used.
Unless specified all financial data is based on a yearly period but updated quarterly. This is known as Trailing Twelve Month (TTM) or Last Twelve Month (LTM) Data. Learn more.
Analysis Model and Snowflake
Details of the analysis model used to generate this report is available on our Github page, we also have guides on how to use our reports and tutorials on Youtube.
Learn about the world class team who designed and built the Simply Wall St analysis model.
Industry and Sector Metrics
Our industry and section metrics are calculated every 6 hours by Simply Wall St, details of our process are available on Github.
Analyst Sources
Vår Energi AS is covered by 22 analysts. 14 of those analysts submitted the estimates of revenue or earnings used as inputs to our report. Analysts submissions are updated throughout the day.
| Analyst | Institution |
|---|---|
| null null | ABG Sundal Collier |
| Lydia Rainforth | Barclays |
| Matthew Smith | BofA Global Research |