Shares of Vår Energi AS (OTCMKTS:VARRY – Get Free Report) gapped down before the market opened on Friday. The stock had previously closed at $11.75, but opened at $10.35. Vår Energi AS shares last traded at $10.35, with a volume of 350 shares traded.
Vår Energi AS Stock Down 9.5%
The firm’s 50 day moving average price is $11.30 and its two-hundred day moving average price is $9.68.
Vår Energi AS (OTCMKTS:VARRY – Get Free Report) last posted its earnings results on Tuesday, October 20th. The company reported $0.22 EPS 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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