Vår Energi (VREA.F) Stock Overview

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

VREA.F fundamental analysis
Snowflake Score
Valuation	2/6
Future Growth	1/6
Past Performance	4/6
Financial Health	2/6
Dividends	3/6

Rewards

Trading at 75.2% below our estimate of its fair value

Earnings grew by 13% over the past year

Risk Analysis

Shares are highly illiquid

Has a high level of debt

Dividend of 10.63% is not well covered by earnings

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Vår Energi ASA Competitors

Price History & Performance

Summary of share price highs, lows and changes for Vår Energi
Historical stock prices
Current Share Price	NOK 4.93
52 Week High	NOK 4.93
52 Week Low	NOK 4.50
Beta	-0.51
1 Month Change	0%
3 Month Change	9.56%
1 Year Change	n/a
3 Year Change	n/a
5 Year Change	n/a
Change since IPO	9.56%

Recent updates

Shareholder Returns

	VREA.F	US Oil and Gas	US Market
7D	0%	-0.3%	0.8%
1Y	n/a	18.5%	20.2%

Return vs Industry: Insufficient data to determine how VREA.F performed against the US Oil and Gas industry.

Return vs Market: Insufficient data to determine how VREA.F performed against the US Market.

Price Volatility

Is VREA.F's price volatile compared to industry and market?
VREA.F volatility
VREA.F Average Weekly Movement	n/a
Oil and Gas Industry Average Movement	6.2%
Market Average Movement	7.3%
10% most volatile stocks in US Market	16.7%
10% least volatile stocks in US Market	3.2%

Stable Share Price: VREA.F's share price has been volatile over the past 3 months compared to the US market.

Volatility Over Time: Insufficient data to determine VREA.F's volatility change over the past year.

About the Company

Founded	Employees	CEO	Website
1965	1,433	Nick Walker	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).

Vår Energi ASA Fundamentals Summary

How do Vår Energi's earnings and revenue compare to its market cap?
VREA.F fundamental statistics
Market cap	US$11.59b
Earnings (TTM)	US$699.10m
Revenue (TTM)	US$8.79b

16.2x

P/E Ratio

1.3x

P/S Ratio

Is VREA.F overvalued?

See Fair Value and valuation analysis

Earnings & Revenue

Key profitability statistics from the latest earnings report (TTM)
VREA.F income statement (TTM)
Revenue	US$8.79b
Cost of Revenue	US$1.17b
Gross Profit	US$7.62b
Other Expenses	US$6.92b
Earnings	US$699.10m

Last Reported Earnings

Mar 31, 2026

Next Earnings Date

Jul 21, 2026

Earnings per share (EPS)	0.28
Gross Margin	86.72%
Net Profit Margin	7.95%
Debt/Equity Ratio	1,043.1%

How did VREA.F perform over the long term?

See historical performance and comparison

Dividends

10.6%

Current Dividend Yield

131%

Payout Ratio

Company Analysis and Financial Data Status

Data	Last Updated (UTC time)
Company Analysis	2026/06/16 08:34
End of Day Share Price	2026/03/19 00:00
Earnings	2026/03/31
Annual Earnings	2025/12/31

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 20 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
Naisheng Cui	Barclays
Lydia Rainforth	Barclays

Vår Energi ASAOTCPK:VREA.F Stock Report