Vår Energi AS (OTCMKTS:VARRY – Get Free Report) shares saw unusually-strong trading volume on Friday . 23,678 shares traded hands during mid-day trading, a decline of 14% from the previous session’s volume of 27,610 shares.The stock last traded at $11.40 and had previously closed at $11.49.
Vår Energi AS Stock Down 3.0%
The stock has a fifty day moving average price of $9.89 and a 200-day moving average price of $9.61.
Vår Energi AS Company Profile
Vår Energi AS is a Norwegian independent oil and gas company focused on exploration, development and production activities on the Norwegian Continental Shelf. The company produces crude oil, natural gas and natural gas liquids from offshore fields and participates in the development of new petroleum resources.
Vår Energi was established in 2018 through the combination of Eni Norge and Point Resources. Its portfolio includes operated and non-operated interests in fields such as Goliat, Balder, Ringhorne and Johan Castberg, as well as exploration licenses and development projects in the Barents Sea, Norwegian Sea and North Sea.
Headquartered in Stavanger, Norway, the company’s operations are concentrated on the Norwegian Continental Shelf.
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