Norway's Vaar Energi Q3 operating profit beats forecasts

Var Energi ASA

21/10/2025 06:07

OSLO, Oct 21 (Reuters) - Norwegian oil firm Vaar Energi VAR.OL reported on Tuesday a stronger-than-expected operating profit for the third quarter, and said it was on track to meet its 2025 production guidance.

Vaar's earnings before interest and tax for the July to September quarter rose to $1.07 billion from $740 million a year earlier, beating the average $906 million forecast in a company-compiled poll of 12 analysts.

 (Reporting by Nerijus Adomaitis, editing by Terje Solsvik)

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