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.
News
Trading Information
- Previous Close Price
- NOK 50.74
- Day Range
- NOK 50.74–51.90
- 52-Week Range
- NOK 31.10–55.24
- Bid/Ask
- NOK 50.50 / NOK 52.20
- Shares Outstanding
- 2.50B
- Market Cap
- NOK 127.01B
- Volume/Avg
- 10,888 / 29,753
Key Statistics
- Price/Earnings (Normalized)
- 9.87
- Price/Sales
- 1.21
- Dividend Yield (Trailing)
- 9.60%
- Dividend Yield (Forward)
- 10.65%
- Dividend Payment Schedule
- Feb, Jun, Sep, Nov
- Total Yield
- 9.60%
Company Profile
Var Energi ASA is an 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. The Company operates within a single operating segment, and the products include oil and gas, natural gas liquids (NGL). Revenues are mainly related to the sale of oil, gas, and NGL. Var Energi is the operator of the following producing fields: Goliat (Barents Sea), Fenja (Norwegian Sea), Gjoa, Duva, Balder, and Ringhorne (North Sea).
- Sector
- Energy
- Industry
- Oil & Gas E&P
- Stock Style Box
- Mid Value
- Total Number of Employees
- 1,450
- Website
- https://www.varenergi.no
Valuation
|
Metric
|
VARo
|
|---|---|
Price/Earnings (Normalized) | 9.87 |
Price/Book Value | 55.26 |
Price/Sales | 1.21 |
Price/Cash Flow | 2.27 |
Price/Earnings
VARo
Financial Strength
|
Metric
|
VARo
|
|---|---|
Quick Ratio | 0.65 |
Current Ratio | 0.90 |
Interest Coverage | 20.60 |
Quick Ratio
VARo
Profitability
|
Metric
|
VARo
|
|---|---|
Return on Assets (Normalized) | 3.20% |
Return on Equity (Normalized) | — |
Return on Invested Capital (Normalized) | 14.93% |
Return on Assets
VARo
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1-Day Chart
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United States