Summary
VARRY Chart
Var Energi Agrees $1.3 Billion Deal to Buy BlueNord
The company, which operates on the Norwegian Continental Shelf, said the deal will increase its exposure to European gas markets and expands access to key gas infrastructure.
Vår Energi: Great Location Advantage
Vår Energi offers investment-grade appeal. VARRY enjoys competitive operating costs and world-class breakeven levels. Investors should consider unique Norwegian accounting, legal, and dividend practices, as well as potential liquidity differences when trading VARRY in U.S. markets.
Var Energi: The Iran War Hedge
Var Energi offers a compelling 10% dividend yield, positioning the stock as a high-income investment. Oil prices higher than $60 per barrel of Brent Crude make a dividend rise likely. The company benefits from the Iran war. Oil prices of $100 per barrel would support a share price 3 times the current.
Var Energi ASA (VARRY) FAQ
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Var Energi ASA Profile
| Oil, Gas & Consumable Fuels Industry | Energy Sector | Mr. Nicholas John Robert Walker B.Sc. CEO | OTC PINK Exchange | NO0011202772 ISIN |
| US Country | 1,433 Employees | 4 Jun 2026 Last Dividend | - Last Split | - IPO Date |
Overview
Vår Energi AS stands as a notable independent upstream oil and gas enterprise operational on the Norwegian continental shelf in Norway. Originating under the name Eni Norge AS, it underwent a rebranding in December 2018 to Vår Energi AS. Since its inception in 1965, the company has established its headquarters in Sandnes, Norway, marking a significant presence in the region's energy sector. It functions under the umbrella of Eni International B.V., indicating a robust backing and an international linkage that reinforces its operations and market position.
Products and Services
- Crude Oil - Vår Energi AS specializes in the exploration and production of crude oil, leveraging the vast resources of the Norwegian continental shelf. The company employs state-of-the-art technologies and practices to ensure efficient extraction and processing, contributing to the global oil supply chain.
- Liquefied Natural Gas (LNG) - The company also focuses on the production of liquefied natural gas, offering a cleaner, more efficient energy alternative. Through its LNG operations, Vår Energi AS supports the transition to more sustainable energy consumption patterns worldwide.
- Natural Gas Liquids (NGLs) - In addition to crude oil and LNG, Vår Energi AS produces natural gas liquids. These products serve various sectors, including the automotive, industrial, and domestic heating markets, underscoring the company's versatile contribution to meeting diverse energy needs.
