VREAF (Var Energi ASA) Pre-Tax Income: $5,617 Mil (TTM As of Jun. 2026)

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VREAF Var Energi ASA VREAF
73 GF Score
Price $5.84
GF Value $5.37
! 6 Warning Signs
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What is Var Energi ASA Pre-Tax Income?

Var Energi ASA VREAF 73 Pre-Tax Income is $5,617 Mil as of Jun. 2026. GuruFocus rates VREAF with a GF Score™ of 73/100 and a GF Value™ of $5.37. The stock has 6 warning signs investors should review.

Pretax income is the income that a company earns before paying income taxes. Var Energi ASA's pretax income for the three months ended in Jun. 2026 was $2,419 Mil. Its pretax income for the trailing twelve months (TTM) ended in Jun. 2026 was $5,617 Mil. Var Energi ASA's pretax margin was 65.28%.

During the past 8 years, Var Energi ASA's highest Pretax Margin was 59.87%. The lowest was -76.83%. And the median was 44.94%.


Var Energi ASA  (OTCPK:VREAF) Pre-Tax Income Explanation

Var Energi ASA's Pretax Margin for the quarter that ended in Jun. 2026 is calculated as

Pretax Margin=Pretax Income/Revenue
=2418.6/3704.8
=65.28%

During the past 8 years, Var Energi ASA's highest Pretax Margin was 59.87%. The lowest was -76.83%. And the median was 44.94%.

* 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 Pre-Tax Income Related Terms


Var Energi ASA Pre-Tax Income Historical Data

* Premium members only.

The historical data trend for Var Energi ASA's Pre-Tax Income 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.

Var Energi ASA Pre-Tax Income Chart

Var Energi ASA Annual Data
Trend Dec18 Dec19 Dec20 Dec21 Dec22 Dec23 Dec24 Dec25
Pre-Tax Income
Get a 7-Day Free Trial 2,646.69 5,855.89 3,356.93 3,313.10 4,306.50

Var Energi ASA Quarterly Data
Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24 Mar25 Jun25 Sep25 Dec25 Mar26 Jun26
Pre-Tax Income Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 1,234.40 1,005.40 788.20 1,404.90 2,418.60

VREAF vs COP, EOG, OXY: Pre-Tax Income Comparison

For the Oil & Gas E&P subindustry, Var Energi ASA's Pre-Tax Income, along with its competitors' market caps and Pre-Tax Income 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 Pre-Tax Income vs Oil & Gas Industry

For the Oil & Gas industry and Energy sector, Var Energi ASA's Pre-Tax Income distribution charts can be found below:

* The bar in red indicates where Var Energi ASA's Pre-Tax Income falls into.


VREAF
73GF Score
Var Energi ASA VREAF
Pre-Tax Income is just one metric. See GF Score™, valuation, warning signs, and more.
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Var Energi ASA Pre-Tax Income Calculation

This is the income that a company earns before paying income taxes.

Var Energi ASA's Pretax Income for the fiscal year that ended in Dec. 2025 is calculated as

Pretax Income=Operating Income+Non Operating Income+Interest Expense+Interest Income+Other
=3515.3+0+-148.6+19.8+920
=4,307

Var Energi ASA's Pretax Income for the quarter that ended in Jun. 2026 is calculated as

Pretax Income=Operating Income+Non Operating Income+Interest Expense+Interest Income+Other
=2201.3+0+-60.9+17.8+260.4
=2,419

Pre-Tax Income for the trailing twelve months (TTM) ended in Jun. 2026 adds up the quarterly data reported by the company within the most recent 12 months, which was $5,617 Mil.

* 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.

Frequently Asked Questions Learn more about Pre-Tax Income →
What does a Pre-Tax Income of $5,617 Mil mean?
Var Energi ASA (VREAF) has a Pre-Tax Income of $5,617 Mil as of Jun. 2026. Pre-Tax Income is the total earnings before taxes but after all operating and interest expenses. View historical data on Var Energi ASA and its competitors.
Is Var Energi ASA's Pre-Tax Income too high?
Var Energi ASA's current Pre-Tax Income is $5,617 Mil. 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 Pre-Tax Income compare to COP and EOG?
Var Energi ASA's Pre-Tax Income of $5,617 Mil can be compared against companies in the Oil & Gas industry. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good Pre-Tax Income for an Oil & Gas company?
A good Pre-Tax Income depends on the Oil & Gas industry context. However, Pre-Tax Income should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Use the industry distribution chart on this page to see where any company falls relative to its peers.
What does a high Pre-Tax Income mean?
A high Pre-Tax Income can signal that a stock is expensive relative to its fundamentals. Pre-Tax Income is the total earnings before taxes but after all operating and interest expenses. View historical data on Var Energi ASA and its competitors. Var Energi ASA's current Pre-Tax Income is $5,617 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 Pre-Tax Income of $5,617 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 Pre-Tax Income is $5,617 Mil. 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 Pre-Tax Income calculated?
Pre-Tax Income is calculated from a company's financial statements. For Var Energi ASA (VREAF), the current Pre-Tax Income is $5,617 Mil as of Jun. 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:

  • Pre-Tax Income: $5,617 Mil
  • GF Value™: $5.37 vs. price of $5.84 (8.8% above fair value)
  • GF Score™: 73/100 with 6 warning signs

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 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).
73GF Score

Get the complete analysis for VREAF

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

$5.84
Price
$5.37
GF Value