Vår Energi AS (OTCMKTS:VARRY) Hits New 52-Week High – Should You Buy?

Vår Energi AS (OTCMKTS:VARRY – Get Free Report)’s stock price hit a new 52-week high on Monday. The company traded as high as $12.5760 and last traded at $12.50, with a volume of 7,505 shares. The stock had previously closed at $12.30.

Vår Energi AS Trading Up 2.8%

The company’s 50-day moving average is $11.10 and its two-hundred day moving average is $9.50.

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