Shares of Vår Energi AS (OTCMKTS:VARRY – Get Free Report) gapped up before the market opened on Friday. The stock had previously closed at $12.03, but opened at $12.50. Vår Energi AS shares last traded at $12.30, with a volume of 626 shares trading hands.
Vår Energi AS Trading Up 2.2%
The business has a fifty day moving average of $11.02 and a 200-day moving average of $10.14.
Vår Energi AS (OTCMKTS:VARRY – Get Free Report) last issued 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.
Vår Energi AS Company Profile
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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