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 10:45:00 2024-07-10 am EDT			5-day change	1st Jan Change
36.83 ^NOK	+0.19%		-4.59%	+14.52%

Jul. 08	Equinor: Lavrans field starts production	CF
Jul. 08	Equinor, Partners Kick Off Production from Kristin South Project in Norwegian Sea	MT

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	23-09-04
Stefano Pujatti DFI	Director of Finance/CFO	52	18-12-31
Torger Rød COO	Chief Operating Officer	50	21-05-31
Tone Rognstad IRO	Public Communications Contact	57	21-12-31
Ida Marie Fjellheim IRC	Investor Relations Contact	-	21-12-31
Ove Mikal Helle AUD	Comptroller/Controller/Auditor	-	18-11-30

Members of the board	Title	Age	Since
Ove Gusevik BRD	Director/Board Member	-	22-01-25
Fabio Ignazio Romeo BRD	Director/Board Member	68	22-01-25
Liv Monica Bargem Stubholt BRD	Director/Board Member	63	22-01-25
Thorhild Widvey CHM	Chairman	68	22-01-25
Francesco Gattei BRD	Director/Board Member	55	20-09-10
Guido Brusco BRD	Director/Board Member	54	21-12-09
Jan Inge Nesheim BRD	Director/Board Member	61	20-03-25
Martha Skjaeveland BRD	Director/Board Member	58	22-05-03

	Vote	Quantity	Free-Float	Company-owned shares	Total Float
Stock A	1	4	0	0	22.57 %
Stock B	1	2,496,406,246	563,324,122 ( 22.57 %)	0

Name	Equities	%	Valuation
ENI S.P.A 63.04 %	1,573,713,749	63.04 %	5 575 M kr
Folketrygdfondet 3.084 %	76,989,715	3.084 %	273 M kr
John Fredriksen 1.881 %	46,947,876	1.881 %	166 M kr
Alfred Berg Kapitalforvaltning AS 0.9393 %	23,448,112	0.9393 %	83 M kr
ODIN Forvaltning AS 0.9336 %	23,305,653	0.9336 %	83 M kr
Eika Kapitalforvaltning AS 0.5490 %	13,704,692	0.5490 %	49 M kr
Verdipapirfondet Alfred Berg Gambak 0.4977 %	12,425,698	0.4977 %	44 M kr
Danske Invest Asset Management AS 0.4972 %	12,411,900	0.4972 %	44 M kr
Arctic Asset Management AS 0.4691 %	11,711,601	0.4691 %	41 M kr
Allianz Polska PTE SA 0.3481 %	8,688,859	0.3481 %	31 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

3.438 USD

Average target price

4.098 USD

Spread / Average Target

+19.19%

Consensus

Estimates Revisions

Company calendar

Energy - Fossil Fuels

Oil & Gas Exploration and Production

Oil Exploration & Production - Offshore

	1st Jan change	Capi.
VAR ENERGI	+14.52%	8.63B
OIL AND NATURAL GAS CORPORATION LIMITED	+45.40%	44.81B
AKER ASA	-7.06%	4.35B
ENERGEAN PLC	+0.77%	2.44B
ISRAMCO NEGEV 2 LIMITED PARTNERSHIP	+6.17%	1.11B
SABLE OFFSHORE CORP.	+35.29%	914M
SINO GEOPHYSICAL CO., LTD	-14.74%	585M
MERMAID MARITIME	+105.26%	220M
COHEN DEVELOPMENT GAS & OIL LTD.	-4.08%	188M
AFRICA ENERGY CORP.	-31.58%	67.06M

Oil Exploration & Production - Offshore