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Stock Screener·Norway·Energy·VAR.OL
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Vår Energi AS Stocks

NOK 49.69Last Updated 21.08.2026

Issuer Rating

7/7
Performance

Strong

Risk

Low

Recommendation

Buy

Market Cap

NOK 13.35B

NOK 49.69
Key Takeaways

Risk factor

Strong & resilient to price shocks

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Data is available to registered users only

Profitability factor

Undervalued vs peers

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Latest news

18.06.2025 11:38

Morgan Stanley raised targets on oil company shares amid rising oil prices

Risks

  • Default risk
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  • Volatility
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  • Selling difficulty
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  • Stress test
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  • Country risks
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  • Other risks
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About

Vår Energi AS functions as an autonomous enterprise primarily focused on the upstream oil and gas sector, engaging in the exploration, development, and extraction of hydrocarbons. The company directly manages four significant fields on the Norwegian continental shelf—Goliat, Marulk, Balder, and the Ringhorne and Ringhorne East fields—which are situated across the Barents, Norwegian, and North Seas. Additionally, it holds ownership stakes in 32 other active, partner-operated fields within the Norwegian continental shelf. Its reported reserves in this area amount to 1,147 million barrels of oil equivalent. Established in 1965, the company, with its headquarters in Sandnes, Norway, adopted its current name, Vår Energi AS, in December 2018, having previously been known as Eni Norge AS. It operates as a subsidiary of Eni International B.V.

Company Valuation

Undervalued
6/7

Based on key historical and expected multiples, the stock is undervalued relative to its peers. Specifically, the stock is 'cheap' on P/E, undervalued on EV/EBITDA, under

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Target Price

Somewhat favourable
5/7

The average target price of VAR.OL is 51.1 and suggests 2.92% upside potential. Usually, this means a HOLD recommendation among investment firms. This neutral recommendat

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Risks

  • Default risk
    Data is available to registered users only
  • Volatility
    Data is available to registered users only
  • Selling difficulty
    Data is available to registered users only
  • Stress test
    Data is available to registered users only
  • Country risks
    Data is available to registered users only
  • Other risks
    Data is available to registered users only
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