Vår Energi AS (OTCMKTS:VARRY) Stock Price Up 6% – Here’s What Happened

Vår Energi AS (OTCMKTS:VARRY)’s share price rose 6% during trading on Friday . The company traded as high as $6.35 and last traded at $6.35. Approximately 4,075 shares were traded during trading, an increase of 67% from the average daily volume of 2,441 shares. The stock had previously closed at $5.99.

Vår Energi AS Stock Performance

The business has a fifty day moving average of $6.27 and a two-hundred day moving average of $6.40.

Vår Energi AS Increases Dividend

The business also recently announced a dividend, which was paid on Wednesday, November 20th. Investors of record on Friday, November 1st were issued a dividend of $0.2161 per share. This is an increase from Vår Energi AS’s previous dividend of $0.12. The ex-dividend date was Friday, November 1st.

Vår Energi AS Company Profile

Vår Energi AS operates as an independent upstream oil and gas company on the Norwegian continental shelf in Norway. It produces crude oil, liquified natural gas, and natural gas liquids. The company was formerly known as Eni Norge AS and changed its name to Vår Energi AS in December 2018. The company was incorporated in 1965 and is headquartered in Sandnes, Norway.