Vår Energi Ownership

Who are the major shareholders and have insiders been buying or selling?

Recent Insider Transactions

Insider Trading Volume

Insider Buying: Insufficient data to determine if insiders have bought more shares than they have sold in the past 3 months.

Ownership Breakdown

What is the ownership structure of VARR.Y?
Owner Type	Number of Shares	Ownership Percentage
Individual Insiders	62,933,345	2.52%
Institutions	406,849,333	16.3%
General Public	452,908,823	18.1%
Public Companies	1,573,714,749	63%

Dilution of Shares: Shareholders have not been meaningfully diluted in the past year.

Top Shareholders

Top 25 shareholders own 80.98% of the company

Ownership	Name	Shares	Current Value	Change %	Portfolio %
63%	Eni S.p.A.	1,573,714,749	US$5.7b	0%	63.47%
4.23%	Folketrygdfondet	105,683,129	US$382.7m	0%	2.23%
2.1%	DNB Asset Management AS	52,529,122	US$190.2m	0%	0.51%
1.88%	John Fredriksen	46,947,876	US$170.0m	0%	no data
1.28%	The Vanguard Group, Inc.	31,926,870	US$115.6m	2.02%	no data
1.19%	Artemis Investment Management LLP	29,762,790	US$107.8m	40.1%	0.29%
1.01%	Northern Trust Global Investments	25,197,770	US$91.2m	0%	0.01%
0.83%	Alfred Berg Kapitalforvaltning AS	20,707,187	US$75.0m	0%	3.27%
0.8%	Janus Henderson Group plc	19,924,615	US$72.1m	111%	0.03%
0.63%	Verdipapirfond Norge	15,652,773	US$56.7m	0%	no data
0.53%	Amundi Asset Management SAS	13,337,940	US$48.3m	0%	0.01%
0.51%	SIX Group Ltd	12,795,118	US$46.3m	0%	7.48%
0.43%	BlackRock, Inc.	10,750,303	US$38.9m	-0.02%	no data
0.42%	KLP Kapitalforvaltning AS	10,562,737	US$38.2m	0%	0.09%
0.37%	Arctic Asset Management AS	9,123,931	US$33.0m	0%	2.42%
0.36%	Schroder Investment Management Limited	8,923,200	US$32.3m	0%	0.01%
0.35%	Deutsche Asset & Wealth Management	8,856,700	US$32.1m	0%	0.01%
0.18%	Mirae Asset Global Investments Co., Ltd.	4,591,810	US$16.6m	7.34%	0.01%
0.17%	T. Rowe Price Group, Inc.	4,272,608	US$15.5m	-5.78%	no data
0.16%	Lightman Investment Management Limited	4,091,800	US$14.8m	0%	0.93%
0.13%	Charles Schwab Investment Management, Inc.	3,241,015	US$11.7m	5.08%	no data
0.097%	Union Asset Management Holding AG	2,425,372	US$8.8m	203%	0.01%
0.093%	Transamerica Asset Management, Inc.	2,321,426	US$8.4m	4.33%	0.05%
0.093%	Dimensional Fund Advisors LP	2,318,939	US$8.4m	-0.93%	no data
0.078%	Liontrust Asset Management PLC	1,958,988	US$7.1m	0%	0.03%

Company Analysis and Financial Data Status

Data	Last Updated (UTC time)
Company Analysis	2026/02/01 23:15
End of Day Share Price	2026/01/30 00:00
Earnings	2025/09/30
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	Income statement Cash flow statement Balance sheet	SEC Form 10-K SEC Form 10-Q
Analyst Consensus Estimates	+3 years	Forecast financials Analyst price targets	Analyst Research Reports Blue Matrix
Market Prices	30 years	Stock prices Dividends, Splits and Actions	ICE Market Data SEC Form S-1
Ownership	10 years	Top shareholders Insider trading	SEC Form 4 SEC Form 13D
Management	10 years	Leadership team Board of directors	SEC Form 10-K SEC Form DEF 14A
Key Developments	10 years	Company announcements	SEC Form 8-K

^* 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 ASA is covered by 25 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
Naisheng Cui	Barclays