VARVår Energi ASA
OSL · NO · Energy · Oil & Gas E&P · varenergi.no
41.19NOK+1.28%Mkt Cap: 9.61B $P/E: 15.26

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,…

Industry Peers

Oil & Gas E&P
Screen all
vs Oil & Gas E&P
P/E
Avg
Div Yield
Lower
1M Perf
Avg
COP
ConocoPhillips
$126.65BUSDP/E 17.6
CNQ
Canadian Natural Resources Limited
$85.24BUSDP/E 11.9
EOG
EOG Resources, Inc.
$69.10BUSDP/E 12.8
FANG
Diamondback Energy, Inc.
$49.45BUSDP/E 181.2
OXY
Occidental Petroleum Corporation
$48.31BUSDP/E 65.6
DVN
Devon Energy Corporation
$47.66BUSDP/E 11.5
EQT
EQT Corporation
$33.26BUSDP/E 10.1
TPL
Texas Pacific Land Corporation
$30.19BUSDP/E 59.9
EXE
Expand Energy Corporation
$21.82BUSDP/E 6.8
AKRBP
Aker BP ASA
$17.91BUSDP/E 33.2
TOU
Tourmaline Oil Corp.
$16.77BUSDP/E 32.8
PR
Permian Resources Corporation
$15.86BUSDP/E 20.7
OVV
Ovintiv Inc.
$14.80BUSDP/E 17.3
SNG
SNGN Romgaz SA
$12.65BUSDP/E 17.3
WCP
Whitecap Resources Inc.
$13.04BUSDP/E 20.2
ARX
ARC Resources Ltd.
$12.29BUSDP/E 11.8
APA
APA Corporation
$11.51BUSDP/E 7.6
AR
Antero Resources Corporation
$10.89BUSDP/E 11.4
RRC
Range Resources Corporation
$8.76BUSDP/E 9.8
CHRD
Chord Energy Corporation
$6.43BUSD
SM
SM Energy Company
$6.26BUSDP/E 11.0
MTDR
Matador Resources Company
$6.18BUSDP/E 12.8
SCR
Strathcona Resources Ltd.
$5.88BUSDP/E 31.9
PSK
PrairieSky Royalty Ltd.
$5.37BUSDP/E 36.9
MGY
Magnolia Oil & Gas Corporation
$4.87BUSDP/E 14.8
CNX
CNX Resources Corporation
$4.80BUSDP/E 4.5
CRC
California Resources Corporation
$4.69BUSD
MUR
Murphy Oil Corporation
$4.67BUSDP/E 55.2
CRK
Comstock Resources, Inc.
$4.38BUSDP/E 6.8
TVE
Tamarack Valley Energy Ltd.
$4.31BUSD
HBR
Harbour Energy plc
$3.67BUSD
ATH
Athabasca Oil Corporation
$3.60BUSDP/E 22.7
PEY
Peyto Exploration & Development Corp.
$3.53BUSDP/E 10.2
CRGY
Crescent Energy Company
$3.24BUSD
GPOR
Gulfport Energy Corporation
$3.05BUSDP/E 5.6
BKV
BKV Corporation
$2.99BUSDP/E 8.1
BSM
Black Stone Minerals, L.P.
$2.97BUSDP/E 11.0
BTE
Baytex Energy Corp.
$3.00BUSD
POU
Paramount Resources Ltd.
$2.87BUSDP/E 67.8
IPCO
International Petroleum Corporation
$2.28BUSDP/E 98.8
IPCO
International Petroleum Corporation
$2.53BUSDP/E 99.4
TALO
Talos Energy Inc.
$2.16BUSD
MNR
Mach Natural Resources LP
$2.11BUSDP/E 17.1
HWX
Headwater Exploration Inc.
$2.05BUSDP/E 20.4
NOG
Northern Oil and Gas, Inc.
$1.97BUSD
FRU
Freehold Royalties Ltd.
$1.93BUSDP/E 29.9
MAU
Etablissements Maurel & Prom S.A.
$1.69BUSDP/E 4.3
DNO
DNO ASA
$1.49BUSD
KRP
Kimbell Royalty Partners, LP
$1.57BUSDP/E 31.6
PXT
Parex Resources Inc.
$1.50BUSDP/E 8.1
ENOG
Energean plc
$1.37BUSD
VET
Vermilion Energy Inc.
$1.48BUSD
BWE
BW Energy Limited
$1.25BUSDP/E 16.1
CJ
Cardinal Energy Ltd.
$1.39BUSDP/E 181.5
BNOR
BlueNord ASA
$1.19BUSDP/E 19.9
KOS
Kosmos Energy Ltd.
$1.25BUSD
KEL
Kelt Exploration Ltd.
$1.29BUSDP/E 39.8
AAV
Advantage Energy Ltd.
$1.26BUSDP/E 15.9
DMLP
Dorchester Minerals, L.P.
$1.22BUSDP/E 18.2
BIR
Birchcliff Energy Ltd.
$1.24BUSDP/E 24.8
SQZ
Serica Energy plc
$921.20MUSD
MER
Meren Energy Inc.
$853.67MUSD
HPK
HighPeak Energy, Inc.
$883.24MUSD
VLE
Valeura Energy Inc.
$804.07MUSDP/E 57.8
REPX
Riley Exploration Permian, Inc.
$715.10MUSDP/E 11.5
TXO
TXO Partners, L.P.
$690.53MUSD
RKH
Rockhopper Exploration plc
$650.93MUSD
VTS
Vitesse Energy, Inc.
$657.80MUSD
SGY
Surge Energy Inc.
$673.49MUSDP/E 131.9
GRNT
Granite Ridge Resources, Inc.
$581.66MUSD
OBE
Obsidian Energy Ltd.
$564.60MUSDP/E 1161.0
EGY
VAALCO Energy, Inc.
$543.62MUSD
SD
SandRidge Energy, Inc.
$505.78MUSDP/E 6.7
ENQ
EnQuest PLC
$445.04MUSDP/E Infinity
WTI
W&T Offshore, Inc.
$468.65MUSD
DR0
Deutsche Rohstoff AG
$415.48MUSDP/E 3.2
FEC
Frontera Energy Corporation
$431.83MUSD
PEN
Panoro Energy ASA
$318.06MUSD
FTW
Presidio Production Company
$336.67MUSDP/E 32.9
GASX
NG Energy International Corp
$340.03MUSD
OKEA
OKEA ASA
$294.80MUSD
RECO
Reconnaissance Energy Africa Ltd.
$297.16MUSD
IPO
InPlay Oil Corp.
$296.35MUSD
GSP
Gas Plus S.p.A.
$268.07MUSDP/E 12.6
REI
Ring Energy, Inc.
$274.16MUSD
PNRG
PrimeEnergy Resources Corporation
$270.03MUSDP/E 18.6
FDE
La Française de l'Energie S.A.
$235.02MUSDP/E 21.1
EOG
Eco (Atlantic) Oil & Gas Ltd.
$247.04MUSD
CNE
Capricorn Energy PLC
$220.18MUSDP/E 17.4
KIST
Kistos Holdings Plc
$219.09MUSD
ALV
Alvopetro Energy Ltd.
$233.01MUSDP/E 9.2
GTE
Gran Tierra Energy Inc.
$229.96MUSD
PANR
Pantheon Resources Plc
$210.60MUSD
TLW
Tullow Oil plc
$190.70MUSD
JOY
Journey Energy Inc.
$201.00MUSDP/E 24.1
PED
PEDEVCO Corp.
$179.04MUSD
KGEI
Kolibri Global Energy Inc.
$177.44MUSDP/E 13.1
PRQ
Petrus Resources Ltd.
$177.06MUSDP/E Infinity
GENL
Genel Energy plc
$156.36MUSD
AMPY
Amplify Energy Corp.
$164.32MUSDP/E 15.9
EPSN
Epsilon Energy Ltd.
$163.65MUSD
HME
Hemisphere Energy Corporation
$167.03MUSDP/E 8.7
PNOR
PetroNor E&P ASA
$140.26MUSDP/E 45.8
SJT
San Juan Basin Royalty Trust
$149.61MUSD
PNE
Pine Cliff Energy Ltd.
$148.94MUSD
BNE
Bonterra Energy Corp.
$143.92MUSD
SAVE
Savannah Energy PLC
$125.09MUSDP/E 0.9
EPM
Evolution Petroleum Corporation
$131.82MUSD
BOR
Borders & Southern Petroleum plc
$119.28MUSD
ANNA
AleAnna, Inc.
$118.73MUSDP/E 20.7
PHAR
Pharos Energy plc
$111.18MUSD
EP
Empire Petroleum Corporation
$106.64MUSD
GLND
Greenland Energy Company
$96.21MUSD
AXL
Arrow Exploration Corp.
$96.81MUSDP/E 46.5
YGR
Yangarra Resources Ltd.
$86.90MUSDP/E 8.7
ZPHR
Zephyr Energy plc
$78.78MUSD
QEC
Questerre Energy Corporation
$74.57MUSD
QEC
Questerre Energy Corporation
$79.04MUSD
NSE
New Stratus Energy Inc.
$72.02MUSD
NRT
North European Oil Royalty Trust
$67.18MUSDP/E 7.2
JEV
Jericho Energy Ventures Inc.
$62.48MUSD
UPL
Upland Resources Limited
$54.89MUSD
AFE
Africa Energy Corp.
$59.32MUSD
BSIN
Big Sky Industrial Inc.
$57.55MUSD
PVL
Permianville Royalty Trust
$55.77MUSDP/E 11.3
CRT
Cross Timbers Royalty Trust
$54.24MUSDP/E 17.1
VOC
VOC Energy Trust
$48.96MUSDP/E 6.5
ENW
Enwell Energy plc
$44.44MUSD
OYL
CGX Energy Inc.
$48.08MUSD
CRCL
Corcel Plc
$40.94MUSD
ROK
ROK Resources Inc.
$42.23MUSD
AVN
Avanti Helium Corp.
$39.85MUSD
TXP
Touchstone Exploration Inc.
$34.54MUSDP/E 3.4
BATL
Battalion Oil Corporation
$28.84MUSD
WIL
Wilton Resources Inc.
$28.29MUSD
PRT
PermRock Royalty Trust
$27.25MUSDP/E 7.5
EOG
Europa Oil & Gas (Holdings) plc
$24.32MUSD
PMG
The Parkmead Group plc
$23.16MUSDP/E 2.8
CKX
CKX Lands, Inc.
$22.19MUSDP/E 7.5
EONR
EON Resources Inc.
$22.06MUSD
CDA
Canuc Resources Corporation
$21.25MUSD
MVO
MV Oil Trust
$20.36MUSDP/E 2.2
TAO
TAG Oil Ltd.
$19.94MUSD
ARH
Altima Energy Inc.
$19.50MUSD
SOU
Southern Energy Corp.
$18.67MUSD
GX
Guardian Exploration Inc.
$17.40MUSD
DME
Desert Mountain Energy Corp.
$16.62MUSD
BLOE
Block Energy Plc
$15.17MUSD
PXEN
Prospex Energy Plc
$14.81MUSD
MXC
Mexco Energy Corporation
$15.30MUSDP/E 12.5
BRN
Barnwell Industries, Inc.
$14.54MUSD
PPR
Prairie Provident Resources Inc.
$14.98MUSD
ANGS
Angus Energy plc
$13.01MUSD
TPET
Trio Petroleum Corp.
$13.72MUSD
PEI
Prospera Energy Inc.
$14.05MUSD
RBD
Reabold Resources Plc
$12.77MUSD
PPP
Pennpetro Energy Plc
$11.66MUSD
PCQ
Petrolympic Ltd.
$12.40MUSD
CWV
Crown Point Energy Inc.
$11.88MUSD
CAD
Cadogan Energy Solutions PLC
$10.24MUSD
UOG
United Oil & Gas Plc
$10.03MUSD
TRP
Tower Resources plc
$8.32MUSD
BNG
Bengal Energy Ltd.
$8.84MUSD
STMP
Stamper Oil & Gas Corp.
$7.88MUSD
DELT
Deltic Energy Plc
$7.08MUSD
VUX
Vital Energy Inc.
$6.62MUSD
UJO
Union Jack Oil plc
$5.97MUSD
SC-H
Serrano Resources Ltd.
$6.19MUSDP/E Infinity
SNV
Sonoro Energy Ltd.
$6.13MUSDP/E Infinity
MTR
Mesa Royalty Trust
$5.78MUSDP/E 13.5
SOU
Sound Energy plc
$5.23MUSD
IOX
Interoil Exploration and Production ASA
$4.89MUSD
AST
Ascent Resources Plc
$4.22MUSD
PUL
Pulse Oil Corp.
$4.54MUSDP/E Infinity
CORO
Coro Energy plc
$4.13MUSDP/E 0.2
SDR
Stroud Resources Ltd.
$4.40MUSD
VVC
VVC Exploration Corporation
$4.17MUSDP/E Infinity
TTG
Trans Canada Gold Corp.
$4.12MUSD
MCM-A
Matachewan Consolidated Mines, Limited
$3.95MUSDP/E 1.1
MET
Metalore Resources Limited
$3.62MUSD
MCS
McChip Resources Inc.
$3.56MUSDP/E 1.8
PFC
PetroFrontier Corp.
$3.40MUSD
UKOG
UK Oil & Gas PLC
$3.00MUSD
SPI
Canadian Spirit Resources Inc.
$3.15MUSD
WCAT
Wildcat Gold Plc
$2.78MUSD
WCE
WesCan Energy Corp.
$2.76MUSD
PMX
ProAm Explorations Corporation
$2.40MUSD
JEC
Jura Energy Corporation
$2.26MUSD
NGY
Nexera Energy Inc.
$1.86MUSD
CTA
Centaurus Energy Inc.
$1.59MUSD
PTC
Petrox Resources Corp.
$1.57MUSD
VGN
Greencastle Resources Ltd.
$1.05MUSD
EW
East West Minerals Ltd.
$988.5KUSD
IFR
International Frontier Resources Corporation
$970.8KUSD
XL
XXL Energy Corp.
$739.5KUSD
ADME
ADM Energy plc
$653.0KUSDP/E Infinity
KYS-H
Kaymus Resources Inc.
$548.0KUSDP/E 0.5
MAH
Marksmen Energy Inc.
$481.1KUSD
CBV
Cobra Venture Corporation
$176.7KUSD
PTP-H
Petrichor Energy Inc.
$128.5KUSD
PLO-H
Paloma Resources Inc.
$76.6KUSDP/E 1.5
Indicators:|

Key Statistics

Company
Market Cap9.61B $
Enterprise Value10.12B $
Revenue (TTM)821.66M $
Gross Profit370.20M $
Net Income (TTM)79.12M $
Revenue/Share0.3292 USD
Last Price41.19 NOK
Fiscal Year EndDec 2025
MR QuarterMar 2026
Employees1.4K
CountryNO
SectorEnergy
IndustryOil & Gas E&P
ISINNO0011202772
Valuation
P/E (Trailing)15.26
P/E (Forward)9.35
PEG
EV/EBITDA15.03
EV/Revenue12.31
P/S11.70
P/B-44.28
EPS (TTM)2.71
EPS (Forward)4.40
52W Range
31.0052% of range50.70
52W High50.70 NOK
52W Low31.00 NOK
Profitability
Gross Margin49.72%
Oper. Margin48.95%
EBITDA Margin81.91%
Profit Margin10.63%
ROE151.14%
ROA3.24%
Growth
Revenue Growth45.00%
Earnings Growth-18.50%
Cash Flow & Leverage
Operating CF430.66M $
CapEx (TTM)274.46M $
FCF Margin35.32%
FCF Yield3.02%
Net Debt506.58M $
Net Debt/EBITDA0.75
Balance Sheet
Debt/Equity11.05
Current Ratio0.63
Quick Ratio0.38
Book Value/Sh-0.9302 NOK
Cash/Share0.2790 NOK
Dividends
Fwd Div Rate4.440 NOK
Trail. Div Rate0.3660 NOK
Div. Yield10.78%
5Y Avg Yield
Payout Ratio180.05%
Ex-Div DateJun 3, 2026
Pay Date
Splits
Last Split11:10
Split DateFeb 15, 2023
Analyst Consensus
Rating2.1 (Buy)
Strong BuyBuyHoldSellStr. Sell
Target (Mean)50.95 NOK
Upside (mean)+23.7%
Target Range40.98 NOK62.61 NOK
NOK40.98+23.7% to meanNOK62.61
# Analysts15
Ownership
Shares Out.2.50B
Float903.82M
Insiders65.26%
Institutions17.61%
Technical
SMA 5045.40 (-9.3%)
SMA 20038.20 (+7.8%)
Beta-0.51
S&P 52W Chg20.05%
Avg Vol (30d)9.13M
Avg Vol (10d)5.34M
Technical Indicators
RSI (14)35.0
MACD-1.4822
MACD Signal-0.9757
MACD Hist.-0.5065
BB Upper50.91 NOK
BB Middle44.82 NOK
BB Lower38.74 NOK
BB Width27.16%
ATR (14)1.408 NOK
Vol Ratio (20d)0.94x