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Vår Energi posted strong Q3 2025 results with $1.07B in profit, driven by higher production and lower costs.
Vår Energi reported strong Q3 2025 results with $1.07 billion in operating profit, 18% above forecasts, driven by a surge in production to 370,000 barrels of oil equivalent per day and lower costs.
Revenue hit $2.14 billion, cash flow rose to $1.23 billion, and the company maintained a $300 million quarterly dividend.
Norway’s oil output in September 2025 reached 1.82 million barrels per day, 5.4% above forecast, with a 15.9% year-on-year rise in hydrocarbon production, though gas output fell slightly short of projections.
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Vår Energi registró fuertes resultados del tercer trimestre de 2025 con $ 1.07B en ganancias, impulsadas por una mayor producción y menores costos.