Vår Energi AS (OTCMKTS:VARRY) Shares Down 9.1% – Here’s Why

Vår Energi AS (OTCMKTS:VARRY – Get Free Report)’s stock price traded down 9.1% during trading on Monday. The stock traded as low as $10.40 and last traded at $10.40. Approximately 848 shares changed hands during mid-day 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 Stock Performance

The stock has a 50 day moving average price of $11.30 and a two-hundred day moving average price of $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 (EPS) for the quarter. The business had revenue of $3.57 billion for 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.

Featured Articles

Receive News & Ratings for Vår Energi AS Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Vår Energi AS and related companies with MarketBeat.com's FREE daily email newsletter.