Vår Energi reports second quarter 2022 results
Sandnes, Norway, 26 July 2022: Vår Energi ASA (OSE: VAR) reported USD 2 437 million in total income for the second quarter of 2022, EBIT was USD 1 674 million and cash flow from operations (CFFO) was USD 1 535 million in the quarter. Total income for the first six months was USD 4 927 million. EBIT for the period was USD 3 392 million and CFFO was USD 3 736 million. Vår Energi expects a minimum of USD 1 billion in dividends for 2022, under current market conditions, paid on quarterly basis. A dividend of USD 225 million for the first quarter was distributed in May and USD 260 million for