Var Energi ASA VAR

Morningstar Rating
NOK 55.76 +1.14 (2.09%)
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About Quantitative Ratings

Morningstar Quantitative Ratings for Stocks are generated using an algorithm that compares companies that are not under analyst coverage to peer companies that do receive analyst-driven ratings. Companies with quantitative ratings are not formally covered by a Morningstar analyst, but are statistically matched to analyst-rated companies, allowing our models to calculate a quantitative moat, fair value, and uncertainty rating.

Price vs Fair Value

VAR is trading at a LOCK|p^#Y?! premium.
Price
NOK 55.76
Fair Value
LOCK|.!BP#>?@
Uncertainty
LOCK|!Kn
1-Star Price
LOCK|.l&c^F>W
5-Star Price
LOCK|.ds@##P
Economic Moat
LOCK|Nq?w
Capital Allocation
—

News

Trading Information

Previous Close Price
NOK 54.62
Day Range
NOK 54.20–56.08
52-Week Range
NOK 31.00–56.08
Bid/Ask
NOK 55.10 / NOK 56.40
Shares Outstanding
2.50B
Market Cap
NOK 139.19B
Volume/Avg
3M / 6M

Key Statistics

Price/Earnings (Normalized)
10.75
Price/Sales
1.31
Dividend Yield (Trailing)
8.76%
Dividend Yield (Forward)
9.72%
Dividend Payment Schedule
Feb, Jun, Sep, Nov
Total Yield
8.76%

Company Profile

Var Energi ASA is an independent upstream oil and gas company on the Norwegian continental shelf. It operates within the geographical area of Norway and the business is entirely related to the exploration for and production of petroleum in Norway. The Company operates within a single operating segment, and the products include oil and gas, natural gas liquids (NGL). Revenues are mainly related to the sale of oil, gas, and NGL. Var Energi is the operator of the following producing fields: Goliat (Barents Sea), Fenja (Norwegian Sea), Gjoa, Duva, Balder, and Ringhorne (North Sea).
Sector
Energy
Industry
Oil & Gas E&P
Stock Style Box
Mid Value
Total Number of Employees
1,450

Valuation

Metric
VAR
Price/Earnings (Normalized)
10.75
Price/Book Value
60.18
Price/Sales
1.31
Price/Cash Flow
2.47
Price/Earnings
VAR

Financial Strength

Metric
VAR
Quick Ratio
0.65
Current Ratio
0.90
Interest Coverage
20.60
Quick Ratio
VAR

Profitability

Metric
VAR
Return on Assets (Normalized)
3.20%
Return on Equity (Normalized)
—
Return on Invested Capital (Normalized)
14.93%
Return on Assets
VAR

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