ATLASATLAS fair value
NOK 92.39
Below fair value · 37% discount
Range: NOK 84–NOK 158Fair valuePrice
Var Energi (VAR.OL)
Var Energi stock price today, ATLAS forecast and fair value
Energy · Oil & Gas E&P · Oslo Børs · Norway
NOK 58.30▼ -0.65%
Prices as of Oct 27, 2026 · NOK
Chance of rising in 1 month
52%
that it ends higher than today in 21 sessions
0%coin flip 50%100%
This is just the summary. See everything on Var Energi in ATLAS
ATLAS's own quantitative analysis, all in one place.
- Simulation and expected rangeThousands of simulated scenarios: how far the price could rise or fall.
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On Var Energi
- Simulation and expected rangeThousands of simulated scenarios: how far the price could rise or fall.
- Officers and shareholdersWho runs the company and which funds hold its shares.
- Customer and supplier mapWho it does business with, from its own filings.
- Valuation and financialsFair value step by step, quarterly accounts and upcoming events.
- NewsThe latest on the company, in one place.
And for you
- ATLAS builds your portfolioAnswer a short test and get portfolios that fit you.
- AlertsWe let you know when something changes in your stocks.
- Crisis simulatorHow your portfolio would do in a crash like 2008.
- Practice risk-free$10,000 in virtual money to invest at real prices.
- Global screenerSearch US stocks and stocks from 47 countries with filters.
Plans from €3.99 a month.
ATLAS estimates Var Energi's fair value at about NOK 92.39 per share (reasonable range: NOK 83.70 to NOK 157.89). At NOK 58.30, the stock trades 37% below it.
It is calculated with a blend of a discounted cash-flow model and peer valuation multiples. Confidence in the estimate is medium. It is an estimate, not a promise: if the company's results change, so does its fair value.
ATLAS's model gives Var Energi a 52% chance of finishing higher a month from now (21 trading sessions) than today: close to a coin flip.
In half of the simulated outcomes the price ends between NOK 55.89 and NOK 61.18; in 9 out of 10, between NOK 51.58 and NOK 66.28. Estimated annual volatility is 24%.
Price, last 12 months (weekly close)
Key numbers
- Market cap
- NOK 135B
- Market cap (USD)
- $14.4B
- P/E ratio
- 10.5
- Dividend yield
- 0.21%
- 52-week high
- NOK 59.28
- 52-week low
- NOK 31.00
- Revenue (12 months)
- $12.1B
- Gross margin
- 88.6%
- Operating margin
- 62.1%
- Net margin
- 12.7%
- Beta
- -0.48
What this means
These are two different questions: fair value looks at the business (what it is worth given what it earns) and the odds look at the price over the next month. Var Energi sits below fair value and its odds of rising over a month are close to a coin flip. An expensive stock can keep climbing and a cheap one can keep falling, which is why ATLAS shows the two readings separately.
Over the last 52 weeks VAR.OL has traded between NOK 31.00 and NOK 59.28. Today it is 1.7% below that high and 88% above its low.
On the business: net margin is 12.7%; it trades at 10.5 times earnings.
Its beta is -0.48: it tends to move less than the market.
About the company
Vår Energi ASA operates as an independent upstream oil and gas company on the Norwegian continental shelf in Norway. The company produces crude oil and natural gas liquids. It also engages in the production, development, and exploration assets on the Norwegian Continental Shelf (NCS).
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Comparable companies
Other companies in the same line of business:
Frequently asked questions
What is Var Energi (VAR.OL) fair value?
About NOK 92.39 per share according to ATLAS (reasonable range: NOK 83.70 to NOK 157.89). With the stock at NOK 58.30, it is 37% below it.
What is the chance VAR.OL goes up next month?
52%: close to a coin flip. In half of the simulated outcomes, VAR.OL ends the month between NOK 55.89 and NOK 61.18.
How big is Var Energi and what is its P/E ratio?
Var Energi's market capitalization is NOK 135B. Its price-to-earnings (P/E) ratio is 10.5: you pay NOK 10.5 for each NOK 1.00 of yearly earnings.
Does Var Energi pay a dividend?
Yes. VAR.OL's current dividend yield is 0.21% at today's price (NOK 58.30).
Not investment advice. ATLAS estimates are produced by statistical models from public data; they can be wrong and past performance does not predict future results. Consider your own situation before investing. Disclaimer