Vår Energi AS (OTCMKTS:VARRY) Shares Gap Up – Should You Buy?

Vår Energi AS (OTCMKTS:VARRY – Get Free Report)’s share price gapped up prior to trading 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.

Vår Energi AS Stock Up 2.2%

The stock has a fifty day moving average of $10.97 and a two-hundred day moving average of $10.13.

Vår Energi AS (OTCMKTS:VARRY – Get Free Report) last announced its earnings results on Tuesday, October 20th. The company reported $0.22 EPS for the quarter. The company had revenue of $3.57 billion for the quarter.

Vår Energi AS Company Profile

(Get Free Report)

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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