Vår Energi ASAVAR.OL

Oslo BørsEnergyOil & Gas E&P
Price (close)
NOK 51.10
Market cap
NOK 127.6B
P/E
17.2x
Revenue (FY)
$8.0B
Net income
$780.3M
Dividend yield
9.56%
1-year total return
72.4%
Net margin
9.8%
Revenue growth
8.0%
Debt / equity
10.61x

What Vår Energi ASA does.

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). The company was formerly known as Eni Norge AS and changed its name to Vår Energi AS in December 2018. The company was incorporated in 1965 and is headquartered in Sandnes, Norway. Vår Energi ASA is a subsidiary of Eni International B.V.

Revenue and profit, by fiscal year.

Fiscal year202020212022202320242025
Revenue——$9.8B$6.8B$7.4B$8.0B
Net income-$1.6B$654.4M$936.4M$610.2M$327.1M$780.3M
Free cash flow-$27.5M$2.1B$3.2B$892.3M$844.0M$1.7B

More on VAR.OL.

Figures from Vår Energi ASA's annual reports (ESEF, via filings.xbrl.org) and Yahoo Finance, standardised automatically; prices are end-of-day closes. Not financial advice.