Var Energi ASA VAR
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.
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
- Website
- https://www.varenergi.no
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
Oil & Gas E&P Industry Comparables
|
1-Day Chart
|
Name
|
Price
|
Morningstar Rating for Stocks
|
Capital Allocation
|
Economic Moat
|
Market Cap
|
|---|---|---|---|---|---|---|
| ConocoPhillips
COP
| LOCK|sp@@%LCV | LOCK|XL&? | $176B | |||
| Canadian Natural Resources Ltd
CNQ
| LOCK|%Cjhk&@ | LOCK|x&$gG | $111B | |||
| EOG Resources Inc
EOG
| LOCK|ds@Lt$k | LOCK|?Pb< | $83B | |||
| Occidental Petroleum Corp
OXY
| LOCK|sK | LOCK|T%! | $62B | |||
| Diamondback Energy Inc
FANG
| LOCK|#b@<qR@ | LOCK|c&m^Q | $57B | |||
| Devon Energy Corp
DVN
| LOCK|F?@pg!D! | LOCK|!glW@ | $56B | |||
| EQT Corp
EQT
| LOCK|MmsCXcw | LOCK|XF | $34B | |||
| Expand Energy Corp Ordinary Shares - New
EXE
| LOCK|z<k>Rg | LOCK|<W | $22B | |||
| Ovintiv Inc
OVV
| LOCK|PRH%h!$ | LOCK|qpG | $19B | |||
| Antero Resources Corp
AR
| LOCK|<KXvhS@ | LOCK|Lg> | $12B |