Vår Energi AS (OTCMKTS:VARRY) Shares Up 3.1% – Still a Buy?

Vår Energi AS (OTCMKTS:VARRYGet Free Report)’s stock price shot up 3.1% during trading on Friday . The stock traded as high as $10.38 and last traded at $10.38. 970 shares were traded during mid-day trading, a decline of 95% from the average session volume of 19,267 shares. The stock had previously closed at $10.07.

Vår Energi AS Price Performance

The firm has a fifty day moving average of $9.89 and a 200 day moving average of $8.09.

About Vår Energi AS

(Get Free Report)

Vår Energi AS is a Norway-based independent oil and gas exploration and production company listed on the OTC Markets (OTCMKTS: VARRY). Established in January 2018 through the merger of Eni Norge AS and Point Resources ASA, Vår Energi has rapidly become one of the largest operators on the Norwegian Continental Shelf. The company focuses on discovering, developing and producing hydrocarbons, with a portfolio that spans several prolific offshore fields.

The company’s operations are concentrated in the North Sea, the Norwegian Sea and the Barents Sea, where it holds interests in both operated and non-operated assets.

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