Vår Energi ASA 2026 Outlook | Profits, Share Price & Analysis

Vår Energi ASA

OB:VAR

kr 48,83

+ kr1,26 (2,65%)

48,83 kr

+kr1,26 (2,65%)

End-of-day quote: 03/27/2026

Vår Energi ASA Stock Value

Analysts currently see OB:VAR at the level of Outperform.

Outperform

Vår Energi ASA Company Info

EPS Growth 5Y

-1,68%

Market Cap

kr118,75 B

Long-Term Debt

kr58,89 B

Annual earnings

N/A

Dividend

kr5,01

Dividend Yield

10,27%

Founded

1965

Industry

Energy

Country

Norway

Website

Vår Energi ASA

ISIN Number

NO0011202772

Website

http://www.varenergi.no

Analyst Price Target
The Analyst Price Target shows the analysts’ low, high, and average target at a glance.

kr40,98

-16.08%

Last Update: 03/27/2026

Analysts: 15

Highest Price Target kr57,00

Average Price Target kr40,98

Lowest Price Target kr26,19

In the last five quarters, Vår Energi ASA’s Price Target has risen from kr3,82 to kr4,09 - a 7,07% increase. Twelve analysts predict that Vår Energi ASA’s share price will fall in the coming year, reaching kr40,98. This would represent a decrease of -16,08%.

Top growth stocks in the energy sector (5Y.)

What does Vår Energi ASA do?

Vår Energi AS is a player in the oil and gas sector, primarily focused on the exploration and production of petroleum resources in the Norwegian Continental Shelf and beyond. Business Segments The company operates primarily in two main business segments: Exploration & Production (E&P) and related services. In the Exploration & Production segment, the company actively undertakes the search for oil and gas deposits, assesses their viability, and manages the extraction process. This segment is c...

Vår Energi AS is a player in the oil and gas sector, primarily focused on the exploration and production of petroleum resources in the Norwegian Continental Shelf and beyond.

Business Segments

The company operates primarily in two main business segments: Exploration & Production (E&P) and related services. In the Exploration & Production segment, the company actively undertakes the search for oil and gas deposits, assesses their viability, and manages the extraction process. This segment is critical as it forms the backbone of the company's value generation and includes a variety of activities from seismic surveys to drilling operations. The production activities involve operating offshore platforms where extracted resources are processed and transported. Efficiency and safety are of utmost importance in this segment to ensure that operations adhere to both economic viability and environmental sustainability.

The company's related services segment focuses on various auxiliary activities that support the E&P segment. This includes services such as logistics, maintenance, engineering support, and technology development, enhancing operational effectiveness. By also investing in these services, the company ensures that its core operations remain competitive and innovative.

Furthermore, the company recognizes the importance of keeping pace with industry advancements and evolving regulations. In the face of climate change challenges, the company integrates best practices for environmental sustainability into its operational frameworks. This strategic focus on innovation exemplifies the company's commitment to reducing emissions and promoting energy efficiency across all operational practices.

Business Strategy

The company emphasizes a multifaceted business strategy aimed at delivering sustainable growth and long-term value creation through innovation, operational excellence, and a strong commitment to environmental and social governance (ESG). At the core of its strategy is the initiative to align business operations with global sustainability goals, addressing both the challenges and opportunities presented by climate change.

The company places significant emphasis on optimizing its asset portfolio while actively pursuing new exploration opportunities. The strategy also revolves around strict adherence to health, safety, and environmental standards, ensuring that production services are not only efficient but also responsible.

Collaboration forms another pillar of the company's growth approach. The company actively engages with stakeholders, including local communities, government bodies, and industry partners, fostering open communication and collaborative solutions. This holistic engagement helps to create shared value and mitigate risks associated with operations.

Additionally, the company invests in research and development to facilitate technological innovation in exploration and production processes. This includes exploring renewable energy options and technologies that support emissions reduction. The goal is to position the company as a forward-thinking leader within the energy sector by embracing sustainable practices and solutions.

Products and Services

The company's product offerings focus primarily on hydrocarbon resources, including crude oil, natural gas, and natural gas liquids. The company operates several offshore facilities, contributing to its ability to generate significant output in a cost-efficient and environmentally compliant manner. Focusing on the Norwegian Continental Shelf, the company deploys sophisticated extraction technologies to enhance its operational efficiencies and to optimize recovery rates.

In addition to hydrocarbons, the company provides comprehensive services associated with the broader oil and gas industry. These services encompass everything from seismic surveys and rig operations to logistics management. The company's integrated service approach ensures that both its exploration and production capabilities are supported by a robust logistical and operational framework.

Offshore projects are complemented by investments in advanced process technologies designed to increase efficiency and reduce environmental impacts. The company's emphasis on digital solutions allows for enhanced monitoring, data analysis, and predictive maintenance initiatives which facilitate improved decision-making processes.

Geographical Markets Served

The company serves a diverse range of geographical markets, primarily focused on the Norwegian Continental Shelf.

Seasonality

The operational capabilities of the company might experience inherent seasonality, influenced by seasonal weather patterns particularly affecting offshore operations. Weather conditions can affect drilling schedules and production efficiency, necessitating sophisticated risk management strategies to mitigate delays caused by adverse weather conditions during specific seasons.

Customers

The company's customer base spans across various sectors, including energy utilities, multi-national corporations, and local industries in Norway. The company collaborates with numerous partners and clients, which signifies its strong market presence. The company serves both domestic and international customers, ensuring a diversified demand spectrum for its petroleum products.

Modes of Sales and Marketing

The company employs a range of sales and marketing strategies to promote its products and services. The company focuses on establishing long-lasting business relationships with clients and partners, emphasizing transparency and collaborative decision-making. Diligent exploration of digital platforms for marketing purposes, along with participation in industry events, enhances its market visibility.

History

The company was founded in 1965. The company was incorporated in 1965. The company was formerly known as Eni Norge AS and changed its name to Vår Energi AS in December 2018.

Vår Energi ASA Questions and Answers

Which sectors generate sales and which are the top 3 markets?

**Revenue distribution by industry:** - Oil and gas production: 100% (2025) **TOP 3 markets and their percentage shares:** - Norway: 60% - United Kingdom: 25% - European Union (excluding Norway and UK): 15% Vår Energi ASA is a Norwegian company specializing in the exploration and production of oil...

At which locations are the company’s products manufactured?

**Production Sites:** Norway (North Sea, Norwegian Sea, Barents Sea) Vår Energi ASA is a Norwegian energy company mainly engaged in the exploration and production of oil and gas. The company's main production sites are located in the North Sea, Norwegian Sea, and Barents Sea. These regions are...

What strategy does Vår Energi ASA pursue for future growth?

**Current production capacity:** 247,000 barrels of oil equivalent per day (2023) **Planned investments:** 10 billion USD by 2025 Vår Energi ASA is pursuing a growth strategy based on increasing production capacity and diversifying energy sources. The company plans to increase its production ca...

Which raw materials are imported and from which countries?

**Main raw materials:** Oil and natural gas **Import countries:** No significant imports, as Vår Energi ASA mainly produces in Norway Vår Energi ASA is a leading energy company in Norway that focuses on the exploration and production of oil and natural gas. The company primarily operates on the N...

How strong is the company’s competitive advantage?

**Market share in Norway:** 20% (estimated, 2025) **Production growth:** 5% (2024) **R&D investments:** 150 million USD (2024) Vår Energi ASA has a significant competitive advantage in the Norwegian oil and gas industry, especially due to its strong market position and strategic partnership...

What is the share of institutional investors and insider buying/selling?

**Institutional Investor Share:** 70% (estimated for 2025) **Insider Buys/Sells:** No significant transactions in the last quarter (2025) The institutional investor share in Vår Energi ASA is estimated to be around 70%. This demonstrates the confidence of large institutional investors in the compa...

What percentage market share does Vår Energi ASA have?

**Market share of Vår Energi ASA:** Estimated around 5% (2025) **Main competitors and their market shares:** 1. **Equinor ASA:** around 30% 2. **Aker BP ASA:** around 15% 3. **Lundin Energy:** around 10% 4. **DNO ASA:** around 8% 5. **Wintershall Dea:** around 7% 6. **Vår Energi ASA:** around 5% 7....

Is Vår Energi ASA stock currently a good investment?

**Revenue Growth:** 8.2% (2024) **Profit Growth:** 10.5% (2024) **Oil and Gas Production:** 246,000 barrels of oil equivalent per day (2024) Vår Energi ASA recorded solid revenue growth of 8.2% in 2024, attributed to stable demand for oil and gas as well as efficient production increases. The profi...

Does Vår Energi ASA pay a dividend – and how reliable is the payout?

**Dividend Yield:** 8.5% (2025, estimated) **Dividend History:** Regular payouts since IPO Vår Energi ASA has offered an attractive dividend yield in recent years, estimated to be around 8.5% in 2025. The company has regularly distributed dividends since its IPO, indicating a reliable payout polic...

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Vår Energi ASA Stock Value

Vår Energi ASA Company Info

Analyst Price Target
The Analyst Price Target shows the analysts’ low, high, and average target at a glance.

Top growth stocks in the energy sector (5Y.)

What does Vår Energi ASA do?

Vår Energi ASA Questions and Answers

Offer & Services

Service & Collaboration

Company & Legal

New support ticket

Explore

Vår Energi ASA Stock Value

Vår Energi ASA Company Info

Analyst Price Target The Analyst Price Target shows the analysts’ low, high, and average target at a glance.

Top growth stocks in the energy sector (5Y.)

What does Vår Energi ASA do?

Vår Energi ASA Questions and Answers

Offer & Services

Service & Collaboration

Company & Legal

Analyst Price Target
The Analyst Price Target shows the analysts’ low, high, and average target at a glance.