Var Energi ASA VARo
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.
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News
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US, European Companies Strike Deals to Further Consolidate Oil Industry — At a Glance
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US, European Companies Strike Deals to Further Consolidate Oil Industry — At a Glance
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Equinor Says Production at North Sea Breidablikk Field Has Started
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Var Energi Shares Drop After Major Shareholder Reduces Stake
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Equinor Says Johan Castberg Project Costs Increased by $1.2 Billion
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Equinor Starts Production at Statfjord Ost Project in North Sea
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Equinor Makes Oil and Gas Find in North Sea
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Trending: Eni Expands Natural Gas Business With Neptune Energy Deal
Trading Information
- Previous Close Price
- NOK 37.05
- Day Range
- NOK 37.00–37.68
- 52-Week Range
- NOK 24.65–39.44
- Bid/Ask
- NOK 35.51 / NOK 40.00
- Market Cap
- NOK 93.47 Bil
- Volume/Avg
- 1,890 / 21,037
Key Statistics
- Price/Earnings (Normalized)
- 8.63
- Price/Sales
- 1.31
- Dividend Yield (Trailing)
- 12.36%
- Dividend Yield (Forward)
- 12.36%
- Total Yield
- 12.23%
Company Profile
Var Energi ASA 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. Revenues are mainly related to the sale of oil, gas, and NGL.
- Sector
- Energy
- Industry
- Oil & Gas E&P
- Stock Style Box
- Mid Value
- Total Number of Employees
- 1,300
- Website
- https://www.varenergi.no
Comparables
Valuation
|
Metric
|
VARo
|
OKEA
|
PEN
|
|---|---|---|---|
Price/Earnings (Normalized) | 8.63 | 2.49 | 8.71 |
Price/Book Value | 5.80 | 3.96 | 1.37 |
Price/Sales | 1.31 | 0.29 | 1.37 |
Price/Cash Flow | 3.33 | 0.64 | 4.23 |
Price/Earnings
VARo
OKEA
PEN
Financial Strength
|
Metric
|
VARo
|
OKEA
|
PEN
|
|---|---|---|---|
Quick Ratio | 0.54 | 0.68 | 0.51 |
Current Ratio | 0.68 | 0.90 | 0.95 |
Interest Coverage | 1,825.09 | 3.37 | 7.40 |
Quick Ratio
VARo
OKEA
PEN
Profitability
|
Metric
|
VARo
|
OKEA
|
PEN
|
|---|---|---|---|
Return on Assets (Normalized) | 4.93% | 7.46% | 6.99% |
Return on Equity (Normalized) | 70.53% | 80.49% | 18.87% |
Return on Invested Capital (Normalized) | 18.73% | 36.54% | 16.12% |
Return on Assets
VARo
OKEA
PEN
Oil & Gas E&P Industry Comparables
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Ticker
|
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|
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|
Capital Allocation
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|
Market Cap
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