All companies
Vår Energi logo

What smart money is saying about Vår EnergiNorway flag

VAR.OL · Energy · Oil & Gas Exploration & Production · Market cap $8.42B

1 fund in our archive has pitched Vår Energi — most recently Massif Capital in December 2025.

Company profile

Var Energi AS, an independent upstream oil and gas company, explores for, develops, and produces hydrocarbons. The company operates four fields on the Norwegian continental shelf, including the Goliat, Marulk, Balder, and Ringhorne and Ringhorne East fields located in the Barents, the Norwegian, and the North Sea, as well as holds ownership interests in 32 producing partner-operated fields on the Norwegian continental shelf. It has reserves of 1,147 million barrels of oil equivalent on the Norwegian continental shelf. The company was formerly known as Eni Norge AS and changed its name to Var Energi AS in December 2018. The company was founded in 1965 and is based in Sandnes, Norway. Var Energi AS is a subsidiary of Eni International B.V.

1
Reported positions
0
Bought
0
Sold
2
Letters

Position history

Between Q4 2025 and Q2 2026, 1 fund letter reported a position in Vår Energi, with no move described.

Fund letters reporting a position in Vår Energi, by quarter
QuarterLettersBoughtSoldTheses
Q2 20261000
Q4 20250001

Fund activity · 1 position

Fund coverage · 1 thesis

  • Massif Capital
    December 2025

    Vår Energi is a European E&P with operational cash flow from Johan Castberg and Balder X and industry-leading free cash flow yields supported by capex flexibility.

    Read the full thesis

Read every full thesis on Vår Energi

Unlock all 1 thesis — the full reasoning behind what funds are buying, plus unlimited access to the entire archive.

View plans
Share this ledger