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
Net Income (Common)

Last Value
3-Years 3-Y CAGR
5-Years 5-Y CAGR
10-Years 10-Y CAGR
Quarterly
Annual
TTM
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Var Energi ASA
Net Income (Common) Peer Comparison

Competitors Analysis
Latest Figures & CAGR of Competitors

Company Net Income (Common) CAGR 3Y CAGR 5Y CAGR 10Y
V
Var Energi ASA
OSE:VAR
Net Income (Common)
$610.2m
CAGR 3-Years
N/A
CAGR 5-Years
22%
CAGR 10-Years
N/A
P
Panoro Energy ASA
OSE:PEN
Net Income (Common)
$29m
CAGR 3-Years
-1%
CAGR 5-Years
39%
CAGR 10-Years
N/A
Aker BP ASA
OSE:AKRBP
Net Income (Common)
$1.8B
CAGR 3-Years
55%
CAGR 5-Years
49%
CAGR 10-Years
N/A
Dno ASA
OSE:DNO
Net Income (Common)
$75.5m
CAGR 3-Years
-1%
CAGR 5-Years
-21%
CAGR 10-Years
N/A
Okea ASA
OSE:OKEA
Net Income (Common)
-kr1.2B
CAGR 3-Years
N/A
CAGR 5-Years
-60%
CAGR 10-Years
N/A
B
Bluenord ASA
OSE:BNOR
Net Income (Common)
$60.2m
CAGR 3-Years
N/A
CAGR 5-Years
-17%
CAGR 10-Years
14%
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
136.2 NOK
Undervaluation 75%
Intrinsic Value
Price
V

See Also

What is Var Energi ASA's Net Income (Common)?
Net Income (Common)
610.2m USD

Based on the financial report for Dec 31, 2023, Var Energi ASA's Net Income (Common) amounts to 610.2m USD.

What is Var Energi ASA's Net Income (Common) growth rate?
Net Income (Common) CAGR 5Y
22%

Over the last year, the Net Income (Common) growth was -35%.

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