Var Energi ASA
Vår Energi ASA operates as an independent upstream oil and gas company on the Norwegian continental shelf in Norway. It produces crude oil and natural gas liquids. The company was formerly known as Eni Norge AS and changed its name to Vår Energi AS in December 2018. The company was incorporated in 1965 and is headquartered in Sandnes, Norway. Vår Energi ASA is a subsidiary of Eni International B.… Read more
Market Cap & Net Worth: Var Energi ASA (VAR)
Var Energi ASA (OL:VAR) has a market capitalization of $9.61 Billion (Nkr109.52 Billion) as of March 18, 2026. Listed on the OL stock exchange, this Norway-based company holds position #3709 globally and #4 in its home market, demonstrating a 9.98% increase in market value over the past year.
Market capitalization, also known as net worth in stock markets, is calculated by multiplying Var Energi ASA's stock price Nkr43.87 by its total outstanding shares 2496406246 (2.50 Billion).
Var Energi ASA Market Cap History: 2022 to 2026
Var Energi ASA's market capitalization history from 2022 to 2026. Data shows growth from $5.52 Billion to $9.61 Billion (22.54% CAGR).
Var Energi ASA Market Cap to Earnings & Revenue Ratios Timeline
This chart shows how Var Energi ASA's valuation ratios have evolved. The Price to Sales (P/S) ratio compares market cap to revenue, while the Price to Earnings (P/E) ratio compares market cap to net income. Lower values may indicate a more undervalued company relative to its financial performance.
Latest Price to Sales (P/S) Ratio
1.05x
Var Energi ASA's market cap is 1.05 times its annual revenue
19.41x
Lower than industry averageLatest Price to Earnings (P/E) Ratio
23.64x
Var Energi ASA's market cap is 23.64 times its annual earnings
What These Ratios Tell Investors:
- Price to Sales (P/S) Ratio: Shows how much investors are paying for each dollar of the company's sales. Lower P/S ratios may indicate undervaluation.
- Price to Earnings (P/E) Ratio: Shows how much investors are paying for each dollar of the company's earnings. This is one of the most common valuation metrics.
- Trends in these ratios over time can indicate changing investor sentiment about the company's future growth prospects.
- Industry comparison provides context for whether the company is valued higher or lower than peers.
| Year | Market Cap (USD) | Revenue (USD) | Net Income (USD) | P/S Ratio | P/E Ratio |
|---|---|---|---|---|---|
| 2022 | $5.52 Billion | $9.78 Billion | $936.40 Million | 0.56x | 5.89x |
| 2023 | $6.15 Billion | $6.82 Billion | $610.23 Million | 0.90x | 10.08x |
| 2024 | $7.73 Billion | $7.37 Billion | $327.11 Million | 1.05x | 23.64x |
Competitor Companies of VAR by Market Capitalization
Companies near Var Energi ASA in the global market cap rankings as of March 18, 2026.
Key companies related to Var Energi ASA by market ranking:
- ConocoPhillips (NYSE:COP): Ranked #135 globally with a market cap of $137.70 Billion USD.
- Canadian Natural Resources Ltd (NYSE:CNQ): Ranked #198 globally with a market cap of $99.84 Billion USD.
- CNOOC Limited (SHG:600938): Ranked #205 globally with a market cap of $97.85 Billion USD ( CN¥717.93 Billion CNY).
- EOG Resources Inc (NYSE:EOG): Ranked #329 globally with a market cap of $65.92 Billion USD.
| Rank | Company | Symbol | Market Cap | Price |
|---|---|---|---|---|
| #135 | ConocoPhillips | NYSE:COP | $137.70 Billion | $122.87 |
| #198 | Canadian Natural Resources Ltd | NYSE:CNQ | $99.84 Billion | $48.98 |
| #205 | CNOOC Limited | SHG:600938 | $97.85 Billion | CN¥42.00 |
| #329 | EOG Resources Inc | NYSE:EOG | $65.92 Billion | $135.72 |
Var Energi ASA Historical Marketcap From 2022 to 2026
Between 2022 and today, Var Energi ASA's market cap moved from $5.52 Billion to $ 9.61 Billion, with a yearly change of 22.54%.
| Year | Market Cap | Change (%) |
|---|---|---|
| 2026 | Nkr9.61 Billion | +32.94% |
| 2025 | Nkr7.23 Billion | -6.49% |
| 2024 | Nkr7.73 Billion | +25.66% |
| 2023 | Nkr6.15 Billion | +11.57% |
| 2022 | Nkr5.52 Billion | -- |
End of Day Market Cap According to Different Sources
On Mar 18th, 2026 the market cap of Var Energi ASA was reported to be:
| Source | Market Cap |
|---|---|
| Yahoo Finance | $9.61 Billion USD |
| MoneyControl | $9.61 Billion USD |
| MarketWatch | $9.61 Billion USD |
| marketcap.company | $9.61 Billion USD |
| Reuters | $9.61 Billion USD |
Market cap values may vary slightly between sources due to differences in calculation methods, timing, and data refresh rates.