Vår Energi AS (OTCMKTS:VARRY) Shares Gap Down – What’s Next?

Vår Energi AS (OTCMKTS:VARRY – Get Free Report)’s share price gapped down before the market opened on Monday. The stock had previously closed at $11.00, but opened at $10.6295. Vår Energi AS shares last traded at $10.6336, with a volume of 2,083 shares traded.

Vår Energi AS Stock Performance

The business’s 50 day simple moving average is $10.58 and its 200 day simple moving average is $9.99.

About Vår Energi AS

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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’s portfolio includes offshore oil and natural gas assets in several areas of the shelf, supporting Norway’s role as a major energy supplier to Europe.

The company produces crude oil, natural gas and natural gas liquids. Its activities cover the full upstream life cycle, including identifying exploration opportunities, developing new fields, operating producing assets and extending the productive life of existing fields through further investment and improved recovery techniques.

Vår Energi was established in 2018 through the combination of Eni Norge and Point Resources.

Further Reading

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