VAR.OL
Price:
$32.16
Market Cap:
$7.96B
Var Energi AS, an independent upstream oil and gas company, explores for, develops, and produces hydrocarbons. The company operates four fields on the Norwegian continental shelf, including the Goliat, Marulk, Balder, and Ringhorne and Ringhorne East fields located in the Barents, the Norwegian, and the North Sea, as well as holds ownership interests in 32 producing partner-operated fields on the Norwegian continental shelf. It has reserves of 1,147 million barrels of oil equivalent on the Norwegian continental shelf. The company was formerly known as Eni Norge AS and changed its name to Var Energi AS in December 2018. The company was founded in 1965 and is based in Sandnes, Norway. Var Ener...[Read more]
Industry
Oil & Gas Exploration & Production
IPO Date
2022-02-16
Stock Exchange
OSL
Ticker
VAR.OL
According to Vår Energi AS’s latest financial reports and current stock price. The company's current PE Ratio is 12.51. This represents a change of 292.11% compared to the average of 3.19 of the last 4 quarters.
The mean historical PE Ratio of Vår Energi AS over the last ten years is 25.53. The current 12.51 PE Ratio has changed 4.80% with respect to the historical average. Over the past ten years (40 quarters), VAR.OL's PE Ratio was at its highest in in the June 2022 quarter at 48.73. The PE Ratio was at its lowest in in the September 2022 quarter at -81.49.
Average
25.53
Median
12.45
Minimum
-4.96
Maximum
100.47
Discovering the peaks and valleys of Vår Energi AS PE Ratio, unveiling quarterly and yearly fluctuations to gain insights into the company’s financial performance and market dynamics, offering valuable data for investors and analysts alike.
Maximum Annual Increase = 82.96%
Maximum Annual PE Ratio = 100.47
Minimum Annual Increase = -341.59%
Minimum Annual PE Ratio = -4.96
| Year | PE Ratio | Change |
|---|---|---|
| 2024 | 23.65 | 82.96% |
| 2023 | 12.93 | 41.56% |
| 2022 | 9.13 | -23.76% |
| 2021 | 11.98 | -341.59% |
| 2020 | -4.96 | -104.93% |
The current PE Ratio of Vår Energi AS (VAR.OL) is less than than its 3-year, greater than its 5-year, and less than than its 10-year historical averages
3-year avg
15.24
5-year avg
10.55
10-year avg
25.53
Vår Energi AS’s PE Ratio is less than Frontline Ltd. (21.87), less than Subsea 7 S.A. (21.91), greater than OKEA Asa (4.23), less than Aker BP ASA (21.78), greater than Panoro Energy ASA (7.52), greater than BW Energy Limited (4.58), less than Zenith Energy Ltd. (23.99), greater than BlueNord ASA (-42.53), greater than DNO ASA (-16.45), less than Odfjell Drilling Ltd. (19.68),
| Company | PE Ratio | Market cap |
|---|---|---|
| 21.87 | $52.49B | |
| 21.91 | $59.30B | |
| 4.23 | $2.32B | |
| 21.78 | $159.80B | |
| 7.52 | $2.35B | |
| 4.58 | $9.87B | |
| 23.99 | $170.15M | |
| -42.53 | $11.87B | |
| -16.45 | $14.82B | |
| 19.68 | $21.22B |
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