Brief: Var Energi Q4 EBIT At $947 Mln

Var Energi ASA

10/02/2026 06:16

Feb 10 (Reuters) - Var Energi ASA VAR.OL:

Q4 PROFIT BEFORE TAX USD 788 (1005)  MILLION

Q4 CAPEX OF USD 737 (726)  MILLION

Q4 EBIT $947 (1071)  MILLION

Q4 PRODUCTION OF 397 KBOEPD

AVERAGE REALIZED PRICE OF USD 62.1 PER BOE IN Q4

DIVIDEND GUIDANCE OF USD 300 MILLION FOR Q1 OF 2026(4) IN LINE WITH DIVIDEND POLICY OF 25-30% OF CFFO

SEES FY PRODUCTION COST OF AROUND $10 PER BOE

DIVIDEND IS SUBJECT TO 31.03.2026 AUDITED INTERIM BALANCE SHEET WITH SUFFICIENT FREE EQUITY AND AGM APPROVAL OF DIVIDEND

SEES FY DEVELOPMENT CAPEX AT $2 500- 2 700  MILLION

SEES 2026 PRODUCTION AT 390-410  KBOEPD

ROBUST PROJECT PORTFOLIO, BALANCED COMMODITY MIX, AND SIGNIFICANT UNCOMMITTED CAPITAL SUPPORT RESILIENCE, FLEXIBILITY AND LONG-TERM DIVIDEND POLICY

Source text: ID:nWkr3R3Fcp

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