Vår Energi AS (OTCMKTS:VARRY) Reaches New 52-Week High – Here’s What Happened

Vår Energi AS (OTCMKTS:VARRY – Get Free Report)’s share price hit a new 52-week high during mid-day trading on Monday. The company traded as high as $12.5760 and last traded at $12.50, with a volume of 7,505 shares traded. The stock had previously closed at $12.30.

Vår Energi AS Price Performance

The stock has a 50 day moving average of $11.02 and a 200-day moving average of $10.15.

Vår Energi AS (OTCMKTS:VARRY – Get Free Report) last announced its earnings results on Tuesday, October 20th. The company reported $0.22 earnings per share (EPS) for the quarter. The business had revenue of $3.57 billion for the quarter.

About Vår Energi AS

(Get Free Report)

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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