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Vår Energi OB:VAR Stock Report

Last Price

NOK 35.91

Market Cap

NOK 89.6b

7D

-2.6%

1Y

25.6%

Updated

15 Jul, 2024

Data

Company Financials +

VAR Stock Overview

Operates as an independent upstream oil and gas company on the Norwegian continental shelf in Norway.

VAR fundamental analysis
Snowflake Score
Valuation2/6
Future Growth5/6
Past Performance3/6
Financial Health2/6
Dividends2/6

Vår Energi AS Competitors

Price History & Performance

Summary of all time highs, changes and price drops for Vår Energi
Historical stock prices
Current Share PriceNOK 35.91
52 Week HighNOK 39.36
52 Week LowNOK 28.43
Beta0.13
11 Month Change6.05%
3 Month Change-5.75%
1 Year Change25.56%
33 Year Changen/a
5 Year Changen/a
Change since IPO29.55%

Recent News & Updates

Estimating The Intrinsic Value Of Vår Energi AS (OB:VAR)

May 22
Estimating The Intrinsic Value Of Vår Energi AS (OB:VAR)

Recent updates

Estimating The Intrinsic Value Of Vår Energi AS (OB:VAR)

May 22
Estimating The Intrinsic Value Of Vår Energi AS (OB:VAR)

These 4 Measures Indicate That Vår Energi (OB:VAR) Is Using Debt Extensively

Apr 15
These 4 Measures Indicate That Vår Energi (OB:VAR) Is Using Debt Extensively

Vår Energi's (OB:VAR) Soft Earnings Don't Show The Whole Picture

Mar 25
Vår Energi's (OB:VAR) Soft Earnings Don't Show The Whole Picture

The Price Is Right For Vår Energi AS (OB:VAR)

Mar 06
The Price Is Right For Vår Energi AS (OB:VAR)

Is There An Opportunity With Vår Energi AS' (OB:VAR) 21% Undervaluation?

Dec 23
Is There An Opportunity With Vår Energi AS' (OB:VAR) 21% Undervaluation?

Vår Energi AS (OB:VAR) Shares Could Be 48% Below Their Intrinsic Value Estimate

Aug 21
Vår Energi AS (OB:VAR) Shares Could Be 48% Below Their Intrinsic Value Estimate

Investors Shouldn't Overlook Vår Energi's (OB:VAR) Impressive Returns On Capital

Jun 19
Investors Shouldn't Overlook Vår Energi's (OB:VAR) Impressive Returns On Capital

Investors Aren't Buying Vår Energi AS' (OB:VAR) Earnings

May 06
Investors Aren't Buying Vår Energi AS' (OB:VAR) Earnings

Why We Like The Returns At Vår Energi (OB:VAR)

Feb 17
Why We Like The Returns At Vår Energi (OB:VAR)

Is Vår Energi AS (OB:VAR) Worth kr34.4 Based On Its Intrinsic Value?

Jan 03
Is Vår Energi AS (OB:VAR) Worth kr34.4 Based On Its Intrinsic Value?

The Strong Earnings Posted By Vår Energi (OB:VAR) Are A Good Indication Of The Strength Of The Business

Aug 03
The Strong Earnings Posted By Vår Energi (OB:VAR) Are A Good Indication Of The Strength Of The Business

Earnings Miss: Vår Energi AS Missed EPS By 88% And Analysts Are Revising Their Forecasts

Jul 29
Earnings Miss: Vår Energi AS Missed EPS By 88% And Analysts Are Revising Their Forecasts

Vår Energi AS' (OB:VAR) Intrinsic Value Is Potentially 84% Above Its Share Price

Jul 09
Vår Energi AS' (OB:VAR) Intrinsic Value Is Potentially 84% Above Its Share Price

Shareholder Returns

VARNO Oil and GasNO Market
7D-2.6%-1.1%1.0%
1Y25.6%2.9%10.2%

Return vs Industry: VAR exceeded the Norwegian Oil and Gas industry which returned 2.9% over the past year.

Return vs Market: VAR exceeded the Norwegian Market which returned 10.4% over the past year.

Price Volatility

Is VAR's price volatile compared to industry and market?
VAR volatility
VAR Average Weekly Movement3.7%
Oil and Gas Industry Average Movement4.5%
Market Average Movement5.0%
10% most volatile stocks in NO Market11.0%
10% least volatile stocks in NO Market2.6%

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

FoundedEmployeesCEOWebsite
19651,300Nick Walkerwww.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

How do Vår Energi's earnings and revenue compare to its market cap?
VAR fundamental statistics
Market capNOK 89.65b
Earnings (TTM)NOK 5.39b
Revenue (TTM)NOK 72.15b

16.6x

P/E Ratio

1.2x

P/S Ratio

Earnings & Revenue

Key profitability statistics from the latest earnings report (TTM)
VAR income statement (TTM)
RevenueUS$6.68b
Cost of RevenueUS$1.13b
Gross ProfitUS$5.54b
Other ExpensesUS$5.04b
EarningsUS$499.08m

Last Reported Earnings

Mar 31, 2024

Next Earnings Date

Jul 23, 2024

Earnings per share (EPS)0.20
Gross Margin83.05%
Net Profit Margin7.48%
Debt/Equity Ratio307.1%

How did VAR perform over the long term?

See historical performance and comparison

Dividends

12.4%

Current Dividend Yield

226%

Payout Ratio
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