Vår Energi AS (OTCMKTS:VARRY – Get Free Report) dropped 1.4% on Friday . The stock traded as low as $10.10 and last traded at $10.15. Approximately 11,087 shares were traded during trading, a decline of 49% from the average daily volume of 21,923 shares. The stock had previously closed at $10.29.
Vår Energi AS Stock Performance
The company has a 50-day moving average of $9.47 and a two-hundred day moving average of $7.71.
About Vår Energi AS
Vår Energi AS is a Norway-based independent oil and gas exploration and production company listed on the OTC Markets (OTCMKTS: VARRY). Established in January 2018 through the merger of Eni Norge AS and Point Resources ASA, Vår Energi has rapidly become one of the largest operators on the Norwegian Continental Shelf. The company focuses on discovering, developing and producing hydrocarbons, with a portfolio that spans several prolific offshore fields.
The company’s operations are concentrated in the North Sea, the Norwegian Sea and the Barents Sea, where it holds interests in both operated and non-operated assets.
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