Var Energi ASA (OSL:VAR) Moat Score: 5/10 (As of Jul. 05, 2026)


OSL:VAR Var Energi ASA OSL:VAR
79 GF Score
Price kr40.97
GF Value kr43.51
Valuation Fairly Valued
! 4 Warning Signs
View Full Analysis

What is Var Energi ASA Moat Score?

Var Energi ASA OSL:VAR +0.61% 79 Moat Score is 5 as of Jul. 05, 2026. GuruFocus rates OSL:VAR with a GF Score™ of 79/100 and a GF Value™ of kr43.51 (Fairly Valued). The stock has 4 warning signs investors should review. Among 1,040 Oil & Gas companies, Var Energi ASA ranks better than 94.23% on this metric.

Var Energi ASA has the Moat Score of 5, which implies that the company might have Narrow Moat - Solid narrow moat.

Var Energi ASA has Narrow Moat: Var Energi ASA benefits from a solid narrow moat due to its strong distribution network and regulatory barriers in the energy sector. However, the competitive environment and limited pricing power constrain its moat strength.

Moat Score is a ranking system developed by GuruFocus to assess a company's ability to sustain a competitive advantage, rated on a scale from 0 to 10. It takes into account key factors such as market leadership, cost advantages, network effects, customer switching costs, and more.

The company's Moat Score is based on these criteria:

1. Market leadership and sustainable market share
2. Network effects and significant customer switching costs
3. Valuable intellectual property and patents
4. Strong brand strength and deep customer loyalty
5. Durable cost advantages (e.g., economies of scale, proprietary technology)
6. Significant regulatory barriers and exclusive licenses
7. Superior distribution network
8. Strong and sustainable pricing power
9. Consistent and impactful innovation and R&D capabilities

Based on the research, GuruFocus believes Var Energi ASA might have Narrow Moat - Solid narrow moat.

Var Energi ASA  (OSL:VAR) Moat Score Explanation

The Moat Score ranges from 0 to 10, with 10 as the highest. GuruFocus divided Moat Score into following 8 categories:

Moat Score Moat Level
10Wide Moat - Exceptionally dominant and durable wide moat
8 - 9Wide Moat - Clear and robust wide moat
7Wide Moat - Entry-level wide moat, clearly possessing durable advantages
6Narrow Moat - Strong narrow moat, clearly distinguishable but not wide
5Narrow Moat - Solid narrow moat
4Narrow Moat - Discernible but modest moat
1 - 3No Moat - Very weak/transient advantages
0No Moat - No discernible moat

Var Energi ASA Moat Score Related Terms

OSL:VAR vs COP, EOG, FANG: Moat Score Comparison

For the Oil & Gas E&P subindustry, Var Energi ASA's Moat Score, along with its competitors' market caps and Moat Score 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 Moat Score vs Oil & Gas Industry

For the Oil & Gas industry and Energy sector, Var Energi ASA's Moat Score distribution charts can be found below:

* The bar in red indicates where Var Energi ASA's Moat Score falls into.


OSL:VAR
79GF Score
Var Energi ASA OSL:VAR
Moat Score is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis
Frequently Asked Questions Learn more about Moat Score →
What does a Moat Score of 5 mean?
Var Energi ASA (OSL:VAR) has a Moat Score of 5 as of Jul. 05, 2026. Moat Score is a ranking system developed by GuruFocus to assess a company's ability to sustain a competitive advantage, rated on a scale from 0 to 10. It takes into account key factors such as market leadership, cost advantages, network effects, customer switching costs, and more. According to the industry distribution chart, Var Energi ASA ranks #60 out of 1040 companies in the Oil & Gas industry, placing it in the top 5.8%.
Is Var Energi ASA's Moat Score too high?
Var Energi ASA's current Moat Score is 5. The Oil & Gas industry median Moat Score is 1.00. Var Energi ASA's value of 5 is 400% above this industry median. Based on the distribution chart, Var Energi ASA ranks #60 out of 1040 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 79/100 and is considered Fairly Valued, reflecting its overall financial health beyond just this single metric.
How does Var Energi ASA's Moat Score compare to COP and EOG?
According to the Oil & Gas industry distribution chart, Var Energi ASA ranks #60 out of 1040 companies for Moat Score. This places Var Energi ASA in the top 6% of its industry — outperforming the majority of peers. The industry median Moat Score is 1.00. Var Energi ASA's value of 5 is 400% 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 Moat Score for an Oil & Gas company?
The median Moat Score among Oil & Gas companies is 1.00, based on 1,040 companies in the industry. Companies in the top quartile (top 25%) have a Moat Score significantly above this median, while those in the bottom quartile fall well below. However, Moat Score should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Var Energi ASA's current Moat Score of 5 is 400% 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 Moat Score mean?
A high Moat Score can signal that a stock is expensive relative to its fundamentals. Moat Score is a ranking system developed by GuruFocus to assess a company's ability to sustain a competitive advantage, rated on a scale from 0 to 10. It takes into account key factors such as market leadership, cost advantages, network effects, customer switching costs, and more. For the Oil & Gas industry, the median Moat Score is 1.00 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Var Energi ASA's current Moat Score is 5. 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?
Based on GuruFocus' analysis, Var Energi ASA (OSL:VAR) is currently considered Fairly Valued. The stock's GF Value™ is kr43.51, compared to a current price of kr40.97 — trading 5.8% below its estimated fair value. The current Moat Score is 5 and 400% above the Oil & Gas industry median of 1.00. Var Energi ASA's overall GF Score™ is 79/100 with 4 warning signs to review. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is Moat Score calculated?
Moat Score is calculated from a company's financial statements. For Var Energi ASA (OSL:VAR), the current Moat Score is 5 as of Jul. 05, 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 (OSL:VAR) Overvalued in 2026?

Based on GuruFocus' analysis, Var Energi ASA stock appears to be undervalued. The current stock price of kr40.97 is trading 5.8% below its estimated GF Value™ of kr43.51. GuruFocus considers Var Energi ASA to be Fairly Valued.

Key valuation signals for OSL:VAR:

  • Moat Score: 5
  • GF Value™: kr43.51 vs. price of kr40.97 (5.8% below fair value)
  • GF Score™: 79/100 with 4 warning signs
  • Industry Position: 400% above the Oil & Gas median (#60 of 1040)

No single metric tells the full story. See the OSL:VAR stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.

Var Energi ASA Business Description

Industry EnergyOil & Gas
Address Vestre Svanholmen 1, Sandnes, NOR, 4313
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).
79GF Score

Get the complete analysis for OSL:VAR

Moat Score is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.

kr40.97
Price
kr43.51
GF Value