VAR.OL
Vår Energi AS
$47.22
-1.10
(-2.28%)
Mkt Cap
117.88B
Volume
6,254,319
52W Range
29.1-50.7
Sector
Energy
Beta
-0.50
EPS (TTM)
0.28
P/E Ratio
170.16
Revenue (TTM)
8.82B
Rev Growth (5Y)
+22.7%
EPS Growth (5Y)
+46.5%
Company Description
Var 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. The company was formerly known as Eni Norge AS and changed its name to Var Energi AS in December 2018. The company was founded in 1965 and is based in Sandnes, Norway. Var Energi AS is a subsidiary of Eni International B.V.
Track Record
Showing latest 4 periods • Swipe for more
| Metric | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 |
|---|---|---|---|---|---|---|---|
| Revenue | 7.97B | 7.37B | 6.82B | 9.78B | 6.04B | 2.87B | 2.82B |
| Net Income | 846.40M | 327.11M | 610.23M | 936.40M | 654.36M | (1.63B) | 78.43M |
| EPS | 0.31 | 0.12 | 0.24 | 0.38 | 0.26 | -0.65 | 0.03 |
| Free Cash Flow | 1.67B | 466.69M | 779.24M | 3.09B | 1.99B | (68.00M) | 217.50M |
| FCF / Share | 0.67 | 0.19 | 0.31 | 1.24 | 0.80 | -0.03 | 0.09 |
| Operating CF | 4.61B | 3.41B | 3.42B | 5.68B | 4.58B | 1.74B | 1.50B |
| Total Assets | 26.15B | 21.87B | 19.29B | 18.80B | 19.80B | 20.26B | 21.52B |
| Total Debt | 6.19B | 5.29B | 3.26B | 3.17B | 4.82B | 5.43B | 4.45B |
| Cash & Equiv | 683.60M | 266.58M | 724.73M | 434.69M | 214.13M | 262.94M | 195.92M |
| Book Value | 560.00M | 832.51M | 1.77B | 1.48B | 1.52B | 1.85B | 4.05B |
| Return on Equity | 1.51 | 0.39 | 0.35 | 0.63 | 0.43 | -0.88 | 0.02 |
| Metric | Q1 2026 | Q4 2025 | Q3 2025 | Q2 2025 | Q1 2025 | Q4 2024 | Q3 2024 | Q2 2024 | Q1 2024 | Q4 2023 | Q3 2023 | Q2 2023 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Revenue | 2.66B | 2.19B | 2.15B | 1.83B | 1.83B | 1.66B | 1.83B | 1.93B | 1.95B | 1.68B | 1.62B | 1.43B |
| Net Income | 373.60M | 25.20M | 136.67M | 216.70M | 452.86M | (175.13M) | 180.34M | 221.81M | 100.09M | 128.64M | 188.53M | 98.10M |
| EPS | 0.14 | 0.00 | 0.05 | 0.08 | 0.18 | -0.07 | 0.07 | 0.90 | 0.04 | 0.05 | 0.08 | 0.04 |
| Free Cash Flow | 474.90M | 496.90M | 594.66M | (15.50M) | 695.94M | (323.83M) | 592.30M | (62.00M) | 301.33M | 196.09M | 324.27M | (456.21M) |
| FCF / Share | 0.19 | 0.20 | 0.24 | -0.01 | 0.32 | -0.13 | 0.24 | -0.02 | 0.12 | 0.08 | 0.14 | -0.19 |
| Operating CF | 1.06B | 1.28B | 1.22B | 765.70M | 1.32B | 378.24M | 1.31B | 710.66M | 1.01B | 857.14M | 974.73M | 230.88M |
| Total Assets | 26.91B | 26.15B | 26.74B | 26.22B | 24.15B | 21.87B | 23.33B | 22.24B | 22.13B | 19.29B | 18.12B | 17.17B |
| Total Debt | 6.12B | 6.19B | 6.94B | 6.21B | 5.57B | 5.29B | 4.93B | 4.66B | 4.62B | 3.26B | 3.72B | 3.26B |
| Cash & Equiv | 695.80M | 683.60M | 843.13M | 699.70M | 633.23M | 266.58M | 790.42M | 306.36M | 699.70M | 724.73M | 588.95M | 103.77M |
| Book Value | 565.50M | 560.00M | 33.61M | 972.30M | 1.01B | 832.51M | 1.37B | 1.44B | 1.47B | 1.77B | 1.03B | 1.08B |
| Return on Equity | 0.66 | 0.04 | 4.07 | 0.22 | 0.45 | -0.21 | 0.13 | 0.15 | 0.07 | 0.07 | 0.18 | 0.09 |
VAR.OL News
No news available for VAR.OL.