Company Var Energi

Equities

VAR

NO0011202772

Oil & Gas Exploration and Production

Analysts' Consensus

Business Summary

Managers

Members of the board

Share class

Shareholders

Company contact information

Sector

Ratings for Var Energi

EPS Revisions

Quarterly earnings - Rate of surprise

Sector Oil Exploration & Production - Offshore

Market Closed - Oslo Bors Other stock markets 08:15:00 26/04/2024 pm IST			5-day change	1st Jan Change
37.28 ^NOK	+0.87%		+0.54%	+15.92%

23/04	Eni strengthens in UK through deal with Ithaca Energy	AN
23/04	Vår Energi AS Reports Earnings Results for the First Quarter Ended March 31, 2024	CI

Vår Energi ASA specializes in the exploration and production of oil and natural gas on the Norwegian Continental Shelf (NCS). Net sales break down by activity as follows:

- sale of crude oil (55.5%);

- sale of natural gas (41.3%);

- sale of liquefied natural gas (3.2%).

At the end of 2023, the group operated 47 oil fields.

Number of employees: 1,300

Managers	Title	Age	Since
Nicholas Walker CEO	Chief Executive Officer	62	05/23/05
Stefano Pujatti DFI	Director of Finance/CFO	-	01/19/01
Aksel Luhr CMP	Compliance Officer	-	01/95/01
Torger Rød COO	Chief Operating Officer	-	01/21/01
Tone Rognstad IRO	Public Communications Contact	-	01/22/01
Ida Marie Fjellheim IRC	Investor Relations Contact	-	-
Ove M. Helle AUD	Comptroller/Controller/Auditor	-	01/18/01
Tor Bustrak Tangvald AUD	Comptroller/Controller/Auditor	66	01/03/01

Members of the board	Title	Age	Since
Ove Gusevik BRD	Director/Board Member	-	01/22/01
Fabio Ignazio Romeo BRD	Director/Board Member	68	01/22/01
Liv Monica Bargem Stubholt BRD	Director/Board Member	63	01/22/01
Thorhild Widvey CHM	Chairman	68	01/22/01
Francesco Gattei BRD	Director/Board Member	55	01/22/01
Guido Brusco BRD	Director/Board Member	54	01/22/01
Clara Andreoletti BRD	Director/Board Member	-	01/22/01
Jan Inge Nesheim BRD	Director/Board Member	-	01/22/01
Martha Skjaeveland BRD	Director/Board Member	-	04/22/04
Bjorn Nysted BRD	Director/Board Member	-	04/22/04

	Vote	Quantity	Free-Float	Company-owned shares	Total Float
Stock A	1	4	0	0	22.57 %
Stock B	1	2,496,406,246	563,339,920 ( 22.57 %)	0

Name	Equities	%	Valuation
ENI S.P.A 63.04 %	1,573,713,749	63.04 %	5 200 M kr
HitecVision Private Equity AS 4.342 %	108,391,713	4.342 %	358 M kr
Folketrygdfondet 2.594 %	64,756,300	2.594 %	214 M kr
John Fredriksen 1.680 %	41,947,876	1.680 %	139 M kr
ODIN Forvaltning AS 0.9763 %	24,372,673	0.9763 %	81 M kr
Alfred Berg Kapitalforvaltning AS 0.8580 %	21,420,112	0.8580 %	71 M kr
Danske Invest Asset Management AS 0.5029 %	12,554,900	0.5029 %	41 M kr
Verdipapirfondet Alfred Berg Gambak 0.4977 %	12,425,698	0.4977 %	41 M kr
Arctic Asset Management AS 0.3185 %	7,949,874	0.3185 %	26 M kr
Eika Kapitalforvaltning AS 0.2557 %	6,382,776	0.2557 %	21 M kr

Vår Energi ASA

Vestre Svanholmen 1

4313, Sandnes

http://www.varenergi.no

Trading Rating

Investor Rating

ESG Refinitiv

More Ratings

Sell

Buy

Mean consensus

BUY

Number of Analysts

Last Close Price

3.376 USD

Average target price

3.917 USD

Spread / Average Target

+16.03%

Consensus

Estimates Revisions

Company calendar

Energy - Fossil Fuels

Oil & Gas Exploration and Production

Oil Exploration & Production - Offshore

	1st Jan change	Capi.
VAR ENERGI	+15.92%	8.43B
OIL AND NATURAL GAS CORPORATION LIMITED	+37.97%	42.67B
AKER ASA	-7.66%	4.14B
ENERGEAN PLC	+5.65%	2.52B
ISRAMCO NEGEV 2 LIMITED PARTNERSHIP	+9.36%	1.12B
SABLE OFFSHORE CORP.	-7.02%	637M
SINO GEOPHYSICAL CO., LTD	-9.37%	619M
COHEN DEVELOPMENT GAS & OIL LTD.	-6.12%	179M
MERMAID MARITIME	+46.32%	144M
AFRICA ENERGY CORP.	-31.58%	66.85M

Oil Exploration & Production - Offshore