Q3 2024 results
Vår Energi released its third quarter results on the 22 October 2024.
2 December 2024
Investor presentation
Latest quarterly results
Our investment proposition
Growth
Production target end-2025:
~400 kboepd
Sustaining towards 2030:
350-400 kboepd
Value
High value projects:
USD ~35/boe breakeven
Emission reduction by 2030*:
>50%
Returns
Free cash flow potential 2024-28**
USD 4.5-8 billion
Dividend guidance
20-30% of CFFO (after tax)
* Scope 1, equity share compared to 2005 baseline.
Latest Stock Exchange Announcements
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Contact
For general questions – please contact ir@varenergi.no.
VP Investor Relations
Ida Marie Fjellheim
Senior Investor Relations Analyst
Stian Seipæjærvi
Our measures for sustainable production of energy
Vår Energi is committed to a more sustainable production of energy through minimising our own greenhouse gas emissions. Here are some of our measures to reduce the emissions from our production.
How we want to work with energy towards the future
Vår Energi is oil and gas. But we are also an energy provider for future generations. This is the foundation for every strategic decision we make.
All eyes on us!
Balder Future is one of the largest projects on the Norwegian Continental Shelf (NCS), and Vår Energi´s key to future growth and production.
Vår Energi comply with the Oslo Stock Exchange Code of Practice for Investor Relations dated 1 March 2021