Var Energi ASA (VAR)

Currency in NOK
48.71
-0.59(-1.20%)
Closed·
High dividend Yield
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Fair Value
Day's Range
47.9349.27
52 wk Range
31.0050.70
Key Statistics
Prev. Close
48.71
Open
49.27
Day's Range
47.93-49.27
52 wk Range
31-50.7
Volume
8.08M
Average Volume (3m)
7.52M
1-Year Change
40.6178%
Book Value / Share
7.87
Fair Value
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Fair Value Upside
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VAR Scorecardpro icon
Company’s Health
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Fair Value
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Fair Price
Upside
Price Target
49.77
Upside
+2.18%
Members' Sentiments
Bearish
Bullish
ProTips
Impressive gross profit margins

Var Energi ASA News & Analysis

Show more

Technical Analysis

Summary
Strong Sell
Sell
Neutral
Buy
Strong Buy
Strong Buy
Technical Indicators
Buy
Moving Averages
Strong Buy

Analyst Ratings

8 Buy
6 Hold
0 Sell
Ratings:
14 analysts
Overall Consensus
Buy

Analysts 12-Month Price Target:

Average 49.77
(+2.18% Upside)
Firm
ArticlePositionPrice TargetUpside / DownsideFrom Price TargetActionDate
RBC Capital
Hold55.00+12.91%60.00DowngradeJul 23, 2026
Goldman Sachs
Buy49.00+0.60%55.00MaintainJun 26, 2026
Kepler Cheuvreux
Hold49.00+0.60%26.00UpgradeApr 28, 2026
JPMorgan
Buy54.00+10.86%57.00MaintainApr 24, 2026
JPMorgan
Buy57.00+17.02%59.00MaintainApr 14, 2026

Var Energi ASA Earnings Call Summary for Q2/2026

  • Vår Energi Q2 2026 adjusted EPS of $0.33 beat analyst estimates of $0.21; revenue of $3.72B met expectations, driving record results.
  • Shares surged 5.25% to $45.90 in premarket trading, approaching 52-week highs following the earnings beat announcement.
  • Company announced major expansion through acquisition of BlueNord, signaling strategic growth in Norwegian oil and gas operations.
  • Strong operational performance delivered record revenue and robust cash flow generation during the quarter.
Last Updated: 07/21/2026, 05:24 PM
Read Full Transcript

Earnings

Latest Release
Jul 21, 2026
EPS / Forecast
0.33 / 0.21
Revenue / Forecast
3.72B / 3.72B
EPS Revisions
Last 90 days

Dividends

Payout Ratio
Payout ratio (TTM)
Earnings retained
EPS 0.52%
Dividend Yield
10.03%
Industry Median 4.89%
Annualized payout
4.89
Paid unevenly
5-Years Growth
-
Growth Streak

VAR Income Statement

Compare VAR to Peers and Sector

Metrics to compare
VAR
Peers
Sector
Relationship
P/E Ratio
9.7x−2.1x5.4x
PEG Ratio
0.090.010.00
Price/Book
6.4x1.2x1.1x
Price / LTM Sales
1.2x1.9x1.4x
Upside (Analyst Target)
2.2%10.3%26.5%
Fair Value Upside
Unlock12.3%5.9%Unlock

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.

Industry
Oil & Gas
Sector
Energy
Employees
1433
Market
Norway

Ownership

Ownership Overview

Type
Common Stock Held% of Shares OutstandingMarket Value
Mutual Funds & ETFs
287.74M11.53%14.02B
Other Institutional Investors
1.73B69.35%84.33B
Public Companies & Retail Investors
477.41M19.12%23.25B
Total
2.5B100.00%121.6B

Top Holders

Holder
% of holding
Shares Held
Date Reported
Value (In 1,000s)
Eni S.p.A.63.04%1,573,713,74976,655,597
Folketrygdfondet3.95%98,596,7794,802,649

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FAQ

What Is the Var Energi (VAR) Stock Price Today?

The Var Energi stock price today is 48.71 NOK.

What Stock Exchange Does Var Energi Trade On?

Var Energi is listed and trades on the Oslo Stock Exchange.

What Is the Stock Symbol for Var Energi?

The stock symbol for Var Energi is "VAR."

Does Var Energi Pay Dividends? What’s The Current Dividend Yield?

The Var Energi dividend yield is 10.03%.

What Is the Var Energi Market Cap?

As of today, Var Energi market cap is 121.60B NOK.

What Is Var Energi's Earnings Per Share (TTM)?

The Var Energi EPS (TTM) is 0.52.

When Is the Next Var Energi Earnings Date?

Var Energi will release its next earnings report on Oct 21, 2026.

From a Technical Analysis Perspective, Is VAR a Buy or Sell?

Based on moving averages and other technical indicators, the daily buy/sell signal is Strong Buy.

How Many Times Has Var Energi Stock Split?

Var Energi has split 0 times.

How Many Employees Does Var Energi Have?

Var Energi has 1433 employees.

What is the current trading status of Var Energi (VAR)?

As of Jul 27, 2026, Var Energi (VAR) is trading at a price of 48.71 NOK, with a previous close of 48.71 NOK. The stock has fluctuated within a day range of 47.93 NOK to 49.27 NOK, while its 52-week range spans from 31.00 NOK to 50.70 NOK.

What Is Var Energi (VAR) Price Target According to Analysts?

The average 12-month price target for Var Energi is 49.77 NOK, with a high estimate of 60.0862069 NOK and a low estimate of 38.60153257 NOK. 8 analysts recommend buying the stock, while 0 suggest selling, leading to an overall rating of Buy. The stock has an +2.18% Upside potential.
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