Vår Energi AS (OTCMKTS:VARRY) Shares Up 7% – What’s Next?

Vår Energi AS (OTCMKTS:VARRYGet Free Report) shares were up 7% during trading on Thursday . The stock traded as high as $10.43 and last traded at $10.43. Approximately 300 shares traded hands during trading, a decline of 98% from the average session volume of 18,243 shares. The stock had previously closed at $9.75.

Vår Energi AS Stock Performance

The stock has a 50-day simple moving average of $9.48 and a two-hundred day simple moving average of $9.13.

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.

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