Var Energi ASA Market Cap ($15.53 Billion)

$15.53 Billion USD  · Nkr147.54 Billion NOK  · Rank #1536

Market Cap & Net Worth: Var Energi ASA (VAR)

Var Energi ASA market cap. Var Energi ASA (OL:VAR) has a market capitalization of $15.53 Billion (Nkr147.54 Billion) as of November 1, 2026. Listed on the OL stock exchange, this Norway-based company holds position #1536 globally and #6 in its home market, demonstrating a 3.76% 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 Nkr59.10 by its total outstanding shares 2496406246 (2.50 Billion). Also see VAR cash flow metrics for how efficiently the company converts equity into cash flow.

Var Energi ASA Market Cap History (2022–2026)

Var Energi ASA market cap history from 2022 to 2026. Data shows growth from $6.61 Billion to $15.53 Billion (27.09% CAGR). Check VAR stock price and chart for real-time trading data and today's change.

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. Explore VAR year-over-year net asset growth to track how rapidly the company is growing its equity base year over year.

Latest Price to Sales (P/S) Ratio

1.26x

Var Energi ASA's market cap is 1.26 times its annual revenue

Industry average: 23.78x Lower than industry average

Latest Price to Earnings (P/E) Ratio

28.34x

Var Energi ASA's market cap is 28.34 times its annual earnings

Industry average: 19.17x Higher than industry average

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 $6.61 Billion $9.78 Billion $936.40 Million 0.68x 7.06x
2023 $7.38 Billion $6.82 Billion $610.23 Million 1.08x 12.09x
2024 $9.27 Billion $7.37 Billion $327.11 Million 1.26x 28.34x

Competitor Companies of VAR by Market Capitalization

Companies near Var Energi ASA in the global market cap rankings as of November 1, 2026. Also see Var Energi ASA assets under control for a full breakdown of the balance sheet.

Key companies related to Var Energi ASA by market ranking:

  • ConocoPhillips (NYSE:COP): Ranked #145 globally with a market cap of $161.21 Billion USD.
  • Canadian Natural Resources Ltd (TO:CNQ): Ranked #220 globally with a market cap of $110.65 Billion USD ( CA$152.97 Billion CAD).
  • EOG Resources Inc (NYSE:EOG): Ranked #401 globally with a market cap of $70.68 Billion USD.
  • Occidental Petroleum Corporation (NYSE:OXY): Ranked #455 globally with a market cap of $60.26 Billion USD.
Market capitalization comparison (in billions USD)
Rank Company Symbol Market Cap Price
#145 ConocoPhillips NYSE:COP $161.21 Billion $154.03
#220 Canadian Natural Resources Ltd TO:CNQ $110.65 Billion CA$78.42
#401 EOG Resources Inc NYSE:EOG $70.68 Billion $165.54
#455 Occidental Petroleum Corporation NYSE:OXY $60.26 Billion $64.00

Market Capitalization of Var Energi ASA (2022–2026)

Market capitalization of Var Energi ASA from 2022 to today. Between 2022 and today, Var Energi ASA's market cap moved from $6.61 Billion to $ 15.53 Billion, with a yearly change of 27.09%.

Year Market Cap Change (%)
2026 Nkr15.53 Billion +79.09%
2025 Nkr8.67 Billion -6.49%
2024 Nkr9.27 Billion +25.66%
2023 Nkr7.38 Billion +11.57%
2022 Nkr6.61 Billion --

End of Day Market Cap According to Different Sources

On Oct 31st, 2026 the market cap of Var Energi ASA was reported to be:

Source Market Cap
Yahoo Finance $15.53 Billion USD
MoneyControl $15.53 Billion USD
MarketWatch $15.53 Billion USD
marketcap.company $15.53 Billion USD
Reuters $15.53 Billion USD

Market cap values may vary slightly between sources due to differences in calculation methods, timing, and data refresh rates.

About Var Energi ASA

OL:VAR Norway Oil & Gas E&P
Market Cap
$15.53 Billion
Nkr147.54 Billion NOK
Market Cap Rank
#1536 Global
#6 in Norway
Share Price
Nkr59.10
Change (1 day)
+2.60%
52-Week Range
Nkr31.25 - Nkr59.10
All Time High
Nkr59.10
About

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