2026 Q1 -tulosraportti
15 päivää sitten
‧51 min
1,209 NOK/osake
Viimeisin osinko
10,21%Tuotto/v
Tarjoustasot
Oslo Børs
Määrä
Osto
-
Myynti
Määrä
-
Viimeisimmät kaupat
| Aika | Hinta | Määrä | Ostaja | Myyjä |
|---|---|---|---|---|
| 15 | - | - | ||
| 100 | - | - | ||
| 75 | - | - | ||
| 283 | - | - | ||
| 40 | - | - |
Välittäjätilasto
Dataa ei löytynyt
Yhtiötapahtumat
Datan lähde: FactSet, Quartr| Seuraava tapahtuma | |
|---|---|
2026 Q2 -tulosraportti 21.7. |
| Menneet tapahtumat | ||
|---|---|---|
2026 Q1 -tulosraportti 22.4. | ||
2025 Q4 -tulosraportti 10.2. | ||
2025 Q3 -tulosraportti 21.10.2025 | ||
Ylimääräinen yhtiökokous 2025 12.8.2025 | ||
2025 Q2 -tulosraportti 22.7.2025 |
Asiakkaat katsoivat myös
Foorumi
Liity keskusteluun Nordnet Socialissa
Kirjaudu
·6 t sittenhttps://www.breakwaveadvisors.com/insights/2026/5/6/import-loss-stock-build-how-china-absorbs-the-hormuz-shock China's oil stocks have increased after "Hormuz"
·11 t sitten · MuokattuNice that insider is buying today at 43.50😀 https://www.nordnet.se/marknaden/nyheter/736cfe89-5c22-468f-a66b-771c4ea61b73
·11 t sitten · MuokattuFantastic buying opportunity, today's news about a side memo contains only wishful thinking from the USA and more of the same we have seen in recent weeks. Yet another new buying opportunity and below are my thoughts that support the fundamental aspects of the stock. 1.The market is pricing in the wrong timeline The market continues to price in a quick resolution to the Hormuz conflict, despite us now being well over 65 days into it with no signs of material progress. Analysts at DnB, Citi and several others operate with a 50% probability for Hormuz opening in May — a view that is difficult to reconcile with Polymarket pricing it at 16% per 31. May and 40% per June. As long as the market weighs an overly optimistic timeline, the stock is mispriced. For every day without a resolution, the upside increases. 2.The peace agreement will take a long time — regardless Hormuz is Iran's only real bargaining chip and they will not give it up until a complete agreement is ready. Iran wants something permanent — no half-hearted solution. A lasting agreement requires Congress, close coordination with Saudi, UAE, Qatar and the rest of the region. The USA also has limited options — the room for maneuver is narrow without further escalation. I could write an entire article on this section, but the point is that a quick-fix is not likely and is not a real alternative. 3.Fundamental conditions vs. "kick-the-can" news Futures and paper oil are not a good indicator of VÅR's earnings. Dated Brent plus differentials has averaged around $120 for the March–April period, compared to $103 for paper oil in the same period. VÅR received up to $130 per barrel for April loadings and is expected to achieve $130–150 for May. DnB's average estimate of $91 for 2026 is obviously too low given this — and when analysts at some point have to revise, it will provide significant upside momentum in the estimates. Demand destruction is further away than the market believes As long as the crack spread on refining is strong, refineries run at full production and the willingness to pay for end products is present. Consumers do not reduce consumption until product prices actually reach a ceiling — and we are far from that point. Demand destruction requires people to actively skip their southern vacation, choose public transport over cars, or that shipping costs become prohibitive. The market grossly overestimates how quickly and on what scale this occurs. For factually, the world has not properly tested demand-destruction of significance and it is still just a hypothesis. 5.Asymmetric risk/reward With an FCF-breakeven of around $40 per barrel total and down to $30 on new projects, VÅR is extremely well positioned in a high-price scenario. Even with a quick peace agreement today, the downside is limited — the risk premium collapses, the price of oil might fall 15% one day, but fundamental forces quickly take over again: bottom-scraped inventories, infrastructure damage, Hormuz logistics, ship insurance, and tanker shortages mean that normalization takes a long time. Conviction in the case has actually increased over time — the fundamental conditions have become clearer while the share price is lower than when VÅR was above 50. 6.Several factors keep the floor high over time Inventories were historically low even before the war and are heading towards bottom levels this summer. When production normalizes, they need to be refilled — this requires significant overproduction over a long period and keeps prices high through at least 2027–2028. It is also important that this crisis has exposed how vulnerable the world is with inventory coverage of only 3–9 weeks in many countries. The political reaction will likely be to double storage capacity — which provides a permanent structural increase in demand far beyond the short-term inventory filling. At the same time, significant volumes are permanently gone from the market. Russia has sustained extensive damage to its oil and gas infrastructure that will not be quickly reversed. And Middle East production after the war will not reach the same level as before — infrastructure damages are too great, and reconstruction will take a long time to reach the same volume exported out of the Middle East. Both these factors pull in the same direction: the global production ceiling is structurally lower than it was before the war, and the pressure for more oil and gas outside these regions is increasing. This provides lasting structural tailwind for North Sea producers like VÅR. 7.Shale does not compensate US shale is not a quick valve — production has fallen since August 2025, rig count is down 6–7% year over year, and capex is kept flat. What looks like an increase in exports from the USA is in reality a depletion of strategic reserves, not new production. Shale investors have been burned too many times to open the taps uncritically. 8.Conclusion VÅR Energi is a long-term cornerstone in the portfolio with asymmetric upside potential. The market still fails to quantify the extent of the supply shock we are in. Then there's only one thing left to say, enjoy the ride!·5 t sitten · MuokattuCan also add that first country out with increase of stockpiles, Australia 30 days —> 50 days Australia commits $7 billion to boost fuel stockpiles, create government reserve - https://www.reuters.com/business/energy/australia-lift-minimum-fuel-stockpiles-by-around-10-days-2026-05-06/
·13 t sittenThen I increased my holding by 36% Unfortunately, I don't believe that there will be peace anytime soon :-(
Yllä olevat kommentit ovat peräisin Nordnetin sosiaalisen verkoston Nordnet Socialin käyttäjiltä, eikä niitä ole muokattu eikä Nordnet ole tarkastanut niitä etukäteen. Ne eivät tarkoita, että Nordnet tarjoaisi sijoitusneuvoja tai sijoitussuosituksia. Nordnet ei ota vastuuta kommenteista.
Uutiset
Tämän sivun uutiset ja/tai sijoitussuositukset tai otteet niistä sekä niihin liittyvät linkit ovat mainitun tahon tuottamia ja toimittamia. Nordnet ei ole osallistunut materiaalin laatimiseen, eikä ole tarkistanut sen sisältöä tai tehnyt sisältöön muutoksia. Lue lisää sijoitussuosituksista.
2026 Q1 -tulosraportti
15 päivää sitten
‧51 min
1,209 NOK/osake
Viimeisin osinko
10,21%Tuotto/v
Uutiset
Tämän sivun uutiset ja/tai sijoitussuositukset tai otteet niistä sekä niihin liittyvät linkit ovat mainitun tahon tuottamia ja toimittamia. Nordnet ei ole osallistunut materiaalin laatimiseen, eikä ole tarkistanut sen sisältöä tai tehnyt sisältöön muutoksia. Lue lisää sijoitussuosituksista.
Foorumi
Liity keskusteluun Nordnet Socialissa
Kirjaudu
- ·6 t sittenhttps://www.breakwaveadvisors.com/insights/2026/5/6/import-loss-stock-build-how-china-absorbs-the-hormuz-shock China's oil stocks have increased after "Hormuz"
- ·11 t sitten · MuokattuNice that insider is buying today at 43.50😀 https://www.nordnet.se/marknaden/nyheter/736cfe89-5c22-468f-a66b-771c4ea61b73
- ·11 t sitten · MuokattuFantastic buying opportunity, today's news about a side memo contains only wishful thinking from the USA and more of the same we have seen in recent weeks. Yet another new buying opportunity and below are my thoughts that support the fundamental aspects of the stock. 1.The market is pricing in the wrong timeline The market continues to price in a quick resolution to the Hormuz conflict, despite us now being well over 65 days into it with no signs of material progress. Analysts at DnB, Citi and several others operate with a 50% probability for Hormuz opening in May — a view that is difficult to reconcile with Polymarket pricing it at 16% per 31. May and 40% per June. As long as the market weighs an overly optimistic timeline, the stock is mispriced. For every day without a resolution, the upside increases. 2.The peace agreement will take a long time — regardless Hormuz is Iran's only real bargaining chip and they will not give it up until a complete agreement is ready. Iran wants something permanent — no half-hearted solution. A lasting agreement requires Congress, close coordination with Saudi, UAE, Qatar and the rest of the region. The USA also has limited options — the room for maneuver is narrow without further escalation. I could write an entire article on this section, but the point is that a quick-fix is not likely and is not a real alternative. 3.Fundamental conditions vs. "kick-the-can" news Futures and paper oil are not a good indicator of VÅR's earnings. Dated Brent plus differentials has averaged around $120 for the March–April period, compared to $103 for paper oil in the same period. VÅR received up to $130 per barrel for April loadings and is expected to achieve $130–150 for May. DnB's average estimate of $91 for 2026 is obviously too low given this — and when analysts at some point have to revise, it will provide significant upside momentum in the estimates. Demand destruction is further away than the market believes As long as the crack spread on refining is strong, refineries run at full production and the willingness to pay for end products is present. Consumers do not reduce consumption until product prices actually reach a ceiling — and we are far from that point. Demand destruction requires people to actively skip their southern vacation, choose public transport over cars, or that shipping costs become prohibitive. The market grossly overestimates how quickly and on what scale this occurs. For factually, the world has not properly tested demand-destruction of significance and it is still just a hypothesis. 5.Asymmetric risk/reward With an FCF-breakeven of around $40 per barrel total and down to $30 on new projects, VÅR is extremely well positioned in a high-price scenario. Even with a quick peace agreement today, the downside is limited — the risk premium collapses, the price of oil might fall 15% one day, but fundamental forces quickly take over again: bottom-scraped inventories, infrastructure damage, Hormuz logistics, ship insurance, and tanker shortages mean that normalization takes a long time. Conviction in the case has actually increased over time — the fundamental conditions have become clearer while the share price is lower than when VÅR was above 50. 6.Several factors keep the floor high over time Inventories were historically low even before the war and are heading towards bottom levels this summer. When production normalizes, they need to be refilled — this requires significant overproduction over a long period and keeps prices high through at least 2027–2028. It is also important that this crisis has exposed how vulnerable the world is with inventory coverage of only 3–9 weeks in many countries. The political reaction will likely be to double storage capacity — which provides a permanent structural increase in demand far beyond the short-term inventory filling. At the same time, significant volumes are permanently gone from the market. Russia has sustained extensive damage to its oil and gas infrastructure that will not be quickly reversed. And Middle East production after the war will not reach the same level as before — infrastructure damages are too great, and reconstruction will take a long time to reach the same volume exported out of the Middle East. Both these factors pull in the same direction: the global production ceiling is structurally lower than it was before the war, and the pressure for more oil and gas outside these regions is increasing. This provides lasting structural tailwind for North Sea producers like VÅR. 7.Shale does not compensate US shale is not a quick valve — production has fallen since August 2025, rig count is down 6–7% year over year, and capex is kept flat. What looks like an increase in exports from the USA is in reality a depletion of strategic reserves, not new production. Shale investors have been burned too many times to open the taps uncritically. 8.Conclusion VÅR Energi is a long-term cornerstone in the portfolio with asymmetric upside potential. The market still fails to quantify the extent of the supply shock we are in. Then there's only one thing left to say, enjoy the ride!·5 t sitten · MuokattuCan also add that first country out with increase of stockpiles, Australia 30 days —> 50 days Australia commits $7 billion to boost fuel stockpiles, create government reserve - https://www.reuters.com/business/energy/australia-lift-minimum-fuel-stockpiles-by-around-10-days-2026-05-06/
- ·13 t sittenThen I increased my holding by 36% Unfortunately, I don't believe that there will be peace anytime soon :-(
Yllä olevat kommentit ovat peräisin Nordnetin sosiaalisen verkoston Nordnet Socialin käyttäjiltä, eikä niitä ole muokattu eikä Nordnet ole tarkastanut niitä etukäteen. Ne eivät tarkoita, että Nordnet tarjoaisi sijoitusneuvoja tai sijoitussuosituksia. Nordnet ei ota vastuuta kommenteista.
Tarjoustasot
Oslo Børs
Määrä
Osto
-
Myynti
Määrä
-
Viimeisimmät kaupat
| Aika | Hinta | Määrä | Ostaja | Myyjä |
|---|---|---|---|---|
| 15 | - | - | ||
| 100 | - | - | ||
| 75 | - | - | ||
| 283 | - | - | ||
| 40 | - | - |
Välittäjätilasto
Dataa ei löytynyt
Asiakkaat katsoivat myös
Yhtiötapahtumat
Datan lähde: FactSet, Quartr| Seuraava tapahtuma | |
|---|---|
2026 Q2 -tulosraportti 21.7. |
| Menneet tapahtumat | ||
|---|---|---|
2026 Q1 -tulosraportti 22.4. | ||
2025 Q4 -tulosraportti 10.2. | ||
2025 Q3 -tulosraportti 21.10.2025 | ||
Ylimääräinen yhtiökokous 2025 12.8.2025 | ||
2025 Q2 -tulosraportti 22.7.2025 |
2026 Q1 -tulosraportti
15 päivää sitten
‧51 min
Uutiset
Tämän sivun uutiset ja/tai sijoitussuositukset tai otteet niistä sekä niihin liittyvät linkit ovat mainitun tahon tuottamia ja toimittamia. Nordnet ei ole osallistunut materiaalin laatimiseen, eikä ole tarkistanut sen sisältöä tai tehnyt sisältöön muutoksia. Lue lisää sijoitussuosituksista.
Yhtiötapahtumat
Datan lähde: FactSet, Quartr| Seuraava tapahtuma | |
|---|---|
2026 Q2 -tulosraportti 21.7. |
| Menneet tapahtumat | ||
|---|---|---|
2026 Q1 -tulosraportti 22.4. | ||
2025 Q4 -tulosraportti 10.2. | ||
2025 Q3 -tulosraportti 21.10.2025 | ||
Ylimääräinen yhtiökokous 2025 12.8.2025 | ||
2025 Q2 -tulosraportti 22.7.2025 |
1,209 NOK/osake
Viimeisin osinko
10,21%Tuotto/v
Foorumi
Liity keskusteluun Nordnet Socialissa
Kirjaudu
- ·6 t sittenhttps://www.breakwaveadvisors.com/insights/2026/5/6/import-loss-stock-build-how-china-absorbs-the-hormuz-shock China's oil stocks have increased after "Hormuz"
- ·11 t sitten · MuokattuNice that insider is buying today at 43.50😀 https://www.nordnet.se/marknaden/nyheter/736cfe89-5c22-468f-a66b-771c4ea61b73
- ·11 t sitten · MuokattuFantastic buying opportunity, today's news about a side memo contains only wishful thinking from the USA and more of the same we have seen in recent weeks. Yet another new buying opportunity and below are my thoughts that support the fundamental aspects of the stock. 1.The market is pricing in the wrong timeline The market continues to price in a quick resolution to the Hormuz conflict, despite us now being well over 65 days into it with no signs of material progress. Analysts at DnB, Citi and several others operate with a 50% probability for Hormuz opening in May — a view that is difficult to reconcile with Polymarket pricing it at 16% per 31. May and 40% per June. As long as the market weighs an overly optimistic timeline, the stock is mispriced. For every day without a resolution, the upside increases. 2.The peace agreement will take a long time — regardless Hormuz is Iran's only real bargaining chip and they will not give it up until a complete agreement is ready. Iran wants something permanent — no half-hearted solution. A lasting agreement requires Congress, close coordination with Saudi, UAE, Qatar and the rest of the region. The USA also has limited options — the room for maneuver is narrow without further escalation. I could write an entire article on this section, but the point is that a quick-fix is not likely and is not a real alternative. 3.Fundamental conditions vs. "kick-the-can" news Futures and paper oil are not a good indicator of VÅR's earnings. Dated Brent plus differentials has averaged around $120 for the March–April period, compared to $103 for paper oil in the same period. VÅR received up to $130 per barrel for April loadings and is expected to achieve $130–150 for May. DnB's average estimate of $91 for 2026 is obviously too low given this — and when analysts at some point have to revise, it will provide significant upside momentum in the estimates. Demand destruction is further away than the market believes As long as the crack spread on refining is strong, refineries run at full production and the willingness to pay for end products is present. Consumers do not reduce consumption until product prices actually reach a ceiling — and we are far from that point. Demand destruction requires people to actively skip their southern vacation, choose public transport over cars, or that shipping costs become prohibitive. The market grossly overestimates how quickly and on what scale this occurs. For factually, the world has not properly tested demand-destruction of significance and it is still just a hypothesis. 5.Asymmetric risk/reward With an FCF-breakeven of around $40 per barrel total and down to $30 on new projects, VÅR is extremely well positioned in a high-price scenario. Even with a quick peace agreement today, the downside is limited — the risk premium collapses, the price of oil might fall 15% one day, but fundamental forces quickly take over again: bottom-scraped inventories, infrastructure damage, Hormuz logistics, ship insurance, and tanker shortages mean that normalization takes a long time. Conviction in the case has actually increased over time — the fundamental conditions have become clearer while the share price is lower than when VÅR was above 50. 6.Several factors keep the floor high over time Inventories were historically low even before the war and are heading towards bottom levels this summer. When production normalizes, they need to be refilled — this requires significant overproduction over a long period and keeps prices high through at least 2027–2028. It is also important that this crisis has exposed how vulnerable the world is with inventory coverage of only 3–9 weeks in many countries. The political reaction will likely be to double storage capacity — which provides a permanent structural increase in demand far beyond the short-term inventory filling. At the same time, significant volumes are permanently gone from the market. Russia has sustained extensive damage to its oil and gas infrastructure that will not be quickly reversed. And Middle East production after the war will not reach the same level as before — infrastructure damages are too great, and reconstruction will take a long time to reach the same volume exported out of the Middle East. Both these factors pull in the same direction: the global production ceiling is structurally lower than it was before the war, and the pressure for more oil and gas outside these regions is increasing. This provides lasting structural tailwind for North Sea producers like VÅR. 7.Shale does not compensate US shale is not a quick valve — production has fallen since August 2025, rig count is down 6–7% year over year, and capex is kept flat. What looks like an increase in exports from the USA is in reality a depletion of strategic reserves, not new production. Shale investors have been burned too many times to open the taps uncritically. 8.Conclusion VÅR Energi is a long-term cornerstone in the portfolio with asymmetric upside potential. The market still fails to quantify the extent of the supply shock we are in. Then there's only one thing left to say, enjoy the ride!·5 t sitten · MuokattuCan also add that first country out with increase of stockpiles, Australia 30 days —> 50 days Australia commits $7 billion to boost fuel stockpiles, create government reserve - https://www.reuters.com/business/energy/australia-lift-minimum-fuel-stockpiles-by-around-10-days-2026-05-06/
- ·13 t sittenThen I increased my holding by 36% Unfortunately, I don't believe that there will be peace anytime soon :-(
Yllä olevat kommentit ovat peräisin Nordnetin sosiaalisen verkoston Nordnet Socialin käyttäjiltä, eikä niitä ole muokattu eikä Nordnet ole tarkastanut niitä etukäteen. Ne eivät tarkoita, että Nordnet tarjoaisi sijoitusneuvoja tai sijoitussuosituksia. Nordnet ei ota vastuuta kommenteista.
Tarjoustasot
Oslo Børs
Määrä
Osto
-
Myynti
Määrä
-
Viimeisimmät kaupat
| Aika | Hinta | Määrä | Ostaja | Myyjä |
|---|---|---|---|---|
| 15 | - | - | ||
| 100 | - | - | ||
| 75 | - | - | ||
| 283 | - | - | ||
| 40 | - | - |
Välittäjätilasto
Dataa ei löytynyt