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Market cap is the total market value to buy the whole company. It is equal to the share price times the number of Shares Outstanding (EOP). Var Energi ASA's share price for the quarter that ended in Jun. 2026 was $0. Var Energi ASA's Shares Outstanding (EOP) for the quarter that ended in Jun. 2026 was 2,496 Mil. Therefore, Var Energi ASA's market cap for the quarter that ended in Jun. 2026 was $0 Mil.
Enterprise Value is the theoretical takeover price. It is more comprehensive than market capitalization (market cap), which only includes common equity. Enterprise Value is calculated as the market cap plus debt and minority interest and preferred shares, minus total cash and cash equivalents. Var Energi ASA's Enterprise Value for Today is $17,922 Mil.
Var Energi ASA (OTCPK:VREAF) Market Cap Explanation
Market cap is not the real price you pay for a company. If you buy the company and become its owner, you become the owner of the cash the company has, and you also assume the companys debt. The real price you pay is the Enterprise Value.
Warren Buffett uses the ratio of total market cap of all public traded companies over GDP to measure if the market is expensive. As of April 2012, the US total market cap is about $14.7 trillion, while the US GDP is about $15 trillion. The market was modestly overvalued.
Var Energi ASA Market Cap Related Terms
Var Energi ASA Market Cap Historical Data
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The historical data trend for Var Energi ASA's Market Cap can be seen below:
* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD. * For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.
For the Oil & Gas E&P subindustry, Var Energi ASA's Market Cap, along with its competitors' market caps and Market Cap data, can be viewed below:
* Competitive companies are chosen from companies within the same industry, with headquarter located in same country, with closest market capitalization; x-axis shows the market cap, and y-axis shows the term value; the bigger the dot, the larger the market cap. Note that "N/A" values will not show up in the chart.
Var Energi ASA Market Cap vs Oil & Gas Industry
For the Oil & Gas industry and Energy sector, Var Energi ASA's Market Cap distribution charts can be found below:
* The bar in red indicates where Var Energi ASA's Market Cap falls into.
Market cap is the short version of market capitalization. It is the total market value to buy the whole company. It is equal to the share price times the number of shares outstanding.
Var Energi ASA's Market Cap for the fiscal year that ended in Dec. 2025 is calculated as
* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD. * For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.
Var Energi ASA (VREAF) has a Market Cap of $14,320 Mil as of Sep. 12, 2026. Market cap equals the total value of a company's shares: price times shares outstanding. View historical data on Var Energi ASA and its competitors. According to the industry distribution chart, Var Energi ASA ranks #83 out of 1047 companies in the Oil & Gas industry, placing it in the top 7.9%.
Is Var Energi ASA's Market Cap too high?
Var Energi ASA's current Market Cap is $14,320 Mil. The Oil & Gas industry median Market Cap is 233.28. Var Energi ASA's value of $14,320 Mil is 6038.7% above this industry median. Based on the distribution chart, Var Energi ASA ranks #83 out of 1047 companies in the Oil & Gas industry, which is in the top quartile — a strong position relative to peers. Overall, Var Energi ASA has a GF Score™ of 73/100, reflecting its overall financial health beyond just this single metric.
How does Var Energi ASA's Market Cap compare to COP and EOG?
According to the Oil & Gas industry distribution chart, Var Energi ASA ranks #83 out of 1047 companies for Market Cap. This places Var Energi ASA in the top 8% of its industry — outperforming the majority of peers. The industry median Market Cap is 233.28. Var Energi ASA's value of $14,320 Mil is 6038.7% above this benchmark. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good Market Cap for an Oil & Gas company?
The median Market Cap among Oil & Gas companies is 233.28, based on 1,047 companies in the industry. Companies in the top quartile (top 25%) have a Market Cap significantly above this median, while those in the bottom quartile fall well below. However, Market Cap should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Var Energi ASA's current Market Cap of $14,320 Mil is 6038.7% above the industry median. Use the industry distribution chart on this page to see where any company falls relative to its peers.
What does a high Market Cap mean?
A high Market Cap can signal that a stock is expensive relative to its fundamentals. Market cap equals the total value of a company's shares: price times shares outstanding. View historical data on Var Energi ASA and its competitors. For the Oil & Gas industry, the median Market Cap is 233.28 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Var Energi ASA's current Market Cap is $14,320 Mil. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Var Energi ASA stock overvalued right now?
Var Energi ASA (VREAF) has a current Market Cap of $14,320 Mil. The stock's GF Value™ is $5.37, compared to a current price of $5.84 — trading 8.8% above its estimated fair value. The current Market Cap is $14,320 Mil and 6038.7% above the Oil & Gas industry median of 233.28. Var Energi ASA's overall GF Score™ is 73/100 with 6 warning signs to review. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is Market Cap calculated?
Market Cap is calculated from a company's financial statements. For Var Energi ASA (VREAF), the current Market Cap is $14,320 Mil as of Sep. 12, 2026. GuruFocus calculates this using data sourced from SEC filings and annual reports. See the calculation section and 30-year financial data on this page for the full breakdown.
Is Var Energi ASA (VREAF) Overvalued in 2026?
Based on GuruFocus' analysis, Var Energi ASA stock appears to be overvalued.
The current stock price of $5.84 is trading 8.8% above its estimated GF Value™ of $5.37.
Key valuation signals for VREAF:
Market Cap: $14,320 Mil
GF Value™: $5.37 vs. price of $5.84 (8.8% above fair value)
Industry Position: 6038.7% above the Oil & Gas median (#83 of 1047)
No single metric tells the full story. See the VREAF stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Var Energi ASA is an independent upstream oil and gas company on the Norwegian continental shelf. It operates within the geographical area of Norway and the business is entirely related to the exploration for and production of petroleum in Norway. The Company operates within a single operating segment, and the products include oil and gas, natural gas liquids (NGL). Revenues are mainly related to the sale of oil, gas, and NGL. Var Energi is the operator of the following producing fields: Goliat (Barents Sea), Fenja (Norwegian Sea), Gjoa, Duva, Balder, and Ringhorne (North Sea).
73GF Score
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