Vår Energi AS (OTCMKTS:VARRY) Shares Down 3.9% – Here’s Why

Shares of Vår Energi AS (OTCMKTS:VARRYGet Free Report) dropped 3.9% during mid-day trading on Monday . The stock traded as low as $8.05 and last traded at $9.85. Approximately 3,425 shares changed hands during trading, a decline of 84% from the average daily volume of 21,609 shares. The stock had previously closed at $10.25.

Vår Energi AS Stock Down 3.9%

The company has a fifty day moving average price of $9.93 and a two-hundred day moving average price of $8.49.

Vår Energi AS Company Profile

(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.

Featured Articles

Receive News & Ratings for Vår Energi AS Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Vår Energi AS and related companies with MarketBeat.com's FREE daily email newsletter.