VAR Stock Overview
Vår Energi AS, an independent upstream oil and gas company, explores for, develops, and produces hydrocarbons.
| Snowflake Score | |
|---|---|
| Valuation | 3/6 |
| 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 | kr37.28 |
| 52 Week High | kr37.64 |
| 52 Week Low | kr24.25 |
| Beta | 0 |
| 1 Month Change | 19.41% |
| 3 Month Change | 21.20% |
| 1 Year Change | 5.16% |
| 3 Year Change | n/a |
| 5 Year Change | n/a |
| Change since IPO | 34.49% |
Recent News & Updates
Recent updates
Vår Energi AS (OB:VAR) Shares Could Be 48% Below Their Intrinsic Value Estimate
Aug 21
Investors Shouldn't Overlook Vår Energi's (OB:VAR) Impressive Returns On Capital
Jun 19Investors Aren't Buying Vår Energi AS' (OB:VAR) Earnings
May 06Why We Like The Returns At Vår Energi (OB:VAR)
Feb 17Is Vår Energi AS (OB:VAR) Worth kr34.4 Based On Its Intrinsic Value?
Jan 03The Strong Earnings Posted By Vår Energi (OB:VAR) Are A Good Indication Of The Strength Of The Business
Aug 03Earnings Miss: Vår Energi AS Missed EPS By 88% And Analysts Are Revising Their Forecasts
Jul 29Vår Energi AS' (OB:VAR) Intrinsic Value Is Potentially 84% Above Its Share Price
Jul 09Shareholder Returns
| VAR | NO Oil and Gas | NO Market | |
|---|---|---|---|
| 7D | 4.5% | -0.2% | -0.9% |
| 1Y | 5.2% | 0.4% | 0.6% |
Return vs Industry: VAR exceeded the Norwegian Oil and Gas industry which returned 0.4% over the past year.
Return vs Market: VAR exceeded the Norwegian Market which returned 0.6% over the past year.
Price Volatility
| VAR volatility | |
|---|---|
| VAR Average Weekly Movement | 4.4% |
| Oil and Gas Industry Average Movement | 4.6% |
| Market Average Movement | 5.2% |
| 10% most volatile stocks in NO Market | 11.8% |
| 10% least volatile stocks in NO Market | 2.6% |
Stable Share Price: VAR is not significantly more volatile than the rest of Norwegian stocks over the past 3 months, typically moving +/- 4% a week.
Volatility Over Time: VAR's weekly volatility (4%) has been stable over the past year.
About the Company
| Founded | Employees | CEO | Website |
|---|---|---|---|
| 1965 | 1,000 | Nick Walker | https://www.varenergi.no |
Vår Energi AS, an independent upstream oil and gas company, explores for, develops, and produces hydrocarbons. The company operates four fields on the Norwegian continental shelf, including the Goliat, Marulk, Balder, and Ringhorne and Ringhorne East fields located in the Barents, the Norwegian, and the North Sea, as well as holds ownership interests in 32 producing partner-operated fields on the Norwegian continental shelf. It has reserves of 1,147 million barrels of oil equivalent on the Norwegian continental shelf.
Vår Energi AS Fundamentals Summary
| VAR fundamental statistics | |
|---|---|
| Market Cap | kr91.87b |
| Earnings (TTM) | kr10.81b |
| Revenue (TTM) | kr83.50b |
8.6x
P/E Ratio1.1x
P/S RatioIs VAR overvalued?
See Fair Value and valuation analysisEarnings & Revenue
| VAR income statement (TTM) | |
|---|---|
| Revenue | US$7.49b |
| Cost of Revenue | US$1.05b |
| Gross Profit | US$6.44b |
| Other Expenses | US$5.47b |
| Earnings | US$969.62m |
Last Reported Earnings
Sep 30, 2023
Next Earnings Date
n/a
| Earnings per share (EPS) | 0.39 |
| Gross Margin | 86.00% |
| Net Profit Margin | 12.94% |
| Debt/Equity Ratio | 348.5% |
How did VAR perform over the long term?
See historical performance and comparisonDividends
13.2%
Current Dividend Yield116%
Payout RatioDoes VAR pay a reliable dividends?
See VAR dividend history and benchmarks| Vår Energi dividend dates | |
|---|---|
| Ex Dividend Date | Nov 03 2023 |
| Dividend Pay Date | Nov 16 2023 |
| Days until Ex dividend | 3 days |
| Days until Dividend pay date | 16 days |
Does VAR pay a reliable dividends?
See VAR dividend history and benchmarks