V

Var Energi ASA
OSE:VAR

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Var Energi ASA
OSE:VAR
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Price: 34.01 NOK Market Closed
Market Cap: 84.9B NOK
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Var Energi ASA
Cash Equivalents

Last Value
3-Years 3-Y CAGR
5-Years 5-Y CAGR
10-Years 10-Y CAGR
Quarterly
Annual
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Var Energi ASA
Cash Equivalents Peer Comparison

Competitors Analysis
Latest Figures & CAGR of Competitors

Company Cash Equivalents CAGR 3Y CAGR 5Y CAGR 10Y
V
Var Energi ASA
OSE:VAR
Cash Equivalents
$724.7m
CAGR 3-Years
40%
CAGR 5-Years
-3%
CAGR 10-Years
N/A
P
Panoro Energy ASA
OSE:PEN
Cash Equivalents
$18.7m
CAGR 3-Years
-25%
CAGR 5-Years
13%
CAGR 10-Years
-10%
Aker BP ASA
OSE:AKRBP
Cash Equivalents
$3.2B
CAGR 3-Years
49%
CAGR 5-Years
99%
CAGR 10-Years
35%
Dno ASA
OSE:DNO
Cash Equivalents
$919.4m
CAGR 3-Years
17%
CAGR 5-Years
8%
CAGR 10-Years
19%
Okea ASA
OSE:OKEA
Cash Equivalents
N/A
CAGR 3-Years
N/A
CAGR 5-Years
N/A
CAGR 10-Years
N/A
B
Bluenord ASA
OSE:BNOR
Cash Equivalents
$241.2m
CAGR 3-Years
17%
CAGR 5-Years
12%
CAGR 10-Years
8%
No Stocks Found

Var Energi ASA
Glance View

Market Cap
84.9B NOK
Industry
Energy

In the ever-evolving landscape of the global energy sector, Var Energi ASA stands out as a testament to the rich tradition and promising future of Norway's oil and gas industry. Born from the merger of Eni Norge and Point Resources in 2018, Var Energi has quickly carved out a significant niche for itself as one of the leading exploration and production companies on the Norwegian Continental Shelf. Leveraging decades of expertise, the company adeptly manages a diverse portfolio of assets spanning the entire value chain— from exploration and field development to production and decommissioning. With a strategic focus on innovation and sustainability, Var Energi aims to optimize hydrocarbon recovery from its mature fields while simultaneously exploring new opportunities both within and beyond Norway's borders. The company's revenue model hinges predominantly on the extraction and sale of oil and natural gas. Var Energi capitalizes on the abundant reserves found in its existing fields, applying advanced technological solutions to enhance recovery rates and extend the life of these assets. This operational efficiency is coupled with a sharp eye for cost management, ensuring healthy margins even amid fluctuating commodity prices. Moreover, Var Energi is not just resting on its laurels; it actively pursues new field developments and exploration projects that promise future growth. By maintaining a balanced mix of mature and emerging assets, the company positions itself to thrive in a world increasingly conscious of energy sustainability, thus securing its role as a crucial player in the transition toward cleaner energy sources while maximizing shareholder value.

VAR Intrinsic Value
136.77 NOK
Undervaluation 75%
Intrinsic Value
Price
V

See Also

What is Var Energi ASA's Cash Equivalents?
Cash Equivalents
724.7m USD

Based on the financial report for Dec 31, 2023, Var Energi ASA's Cash Equivalents amounts to 724.7m USD.

What is Var Energi ASA's Cash Equivalents growth rate?
Cash Equivalents CAGR 5Y
-3%

Over the last year, the Cash Equivalents growth was 67%. The average annual Cash Equivalents growth rates for Var Energi ASA have been 40% over the past three years , -3% over the past five years .

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