Vår Energi AS (OTCMKTS:VARRY) Shares Down 9.1% – Should You Sell?

Vår Energi AS (OTCMKTS:VARRY – Get Free Report)’s stock price fell 9.1% during trading on Monday. The stock traded as low as $10.40 and last traded at $10.40. 848 shares were traded during trading, a decline of 96% from the average session volume of 23,612 shares. The stock had previously closed at $11.4387.

Vår Energi AS Price Performance

The firm’s fifty day moving average price is $11.30 and its two-hundred day moving average price is $9.70.

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

About Vår Energi AS

(Get Free Report)

Vår Energi AS is an independent oil and gas company focused on exploring for, developing and producing hydrocarbons on the Norwegian continental shelf. Its portfolio spans the North Sea, Norwegian Sea and Barents Sea.

The company produces crude oil, natural gas and natural gas liquids, supplying energy markets in Norway and internationally. Its activities include operating producing fields and developing new offshore projects.

Vår Energi was formed in 2018 through the combination of Eni Norge and Point Resources.

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