Vår Energi AS (OTCMKTS:VARRY) Releases Quarterly Earnings Results

Vår Energi AS (OTCMKTS:VARRY – Get Free Report) announced its earnings results on Tuesday. The company reported $0.22 earnings per share (EPS) for the quarter, Zacks reports. The company had revenue of $3.57 billion during the quarter.

Vår Energi AS Price Performance

Shares of Vår Energi AS stock remained flat at $12.15 on Thursday. The stock had a trading volume of 1,039 shares, compared to its average volume of 3,571. Vår Energi AS has a fifty-two week low of $6.03 and a fifty-two week high of $12.31. The stock’s fifty day moving average is $10.93 and its 200-day moving average is $10.11.

Vår Energi AS Company Profile

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Vår Energi AS is a Norwegian independent oil and gas company focused on exploration, development, and production on the Norwegian Continental Shelf. The company produces crude oil, natural gas, and natural gas liquids and holds interests in a broad portfolio of offshore fields, including operated and non-operated assets.

The company was established in 2018 through the combination of Eni Norge and Point Resources. Its activities span the full upstream value chain, from identifying and appraising hydrocarbon resources to developing fields and operating producing assets.

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