- Q1 2024 Var Energi ASA Earnings Call TranscriptApr 23, 2024€3.07 (-2.85%)Earnings
- Var Energi ASA Capital Markets Update TranscriptMar 13, 2024
- Q4 2023 Var Energi ASA Earnings Call TranscriptFeb 13, 2024€2.66 (+0.53%)Earnings
- Q3 2023 Var Energi ASA Earnings Call TranscriptOct 24, 2023€3.01 (-1.41%)Earnings
- Half Year 2023 Var Energi ASA Earnings Call TranscriptJul 25, 2023€2.64 (-3.30%)Earnings
- Eni SpA and Var Energi ASA to Acquire Neptune Energy Group Ltd Call TranscriptJun 23, 2023
- Var Energi ASA, Eni SpA, Neptune Energy Group Ltd to Discuss the Acquisition Call TranscriptJun 23, 2023
- Q1 2023 Var Energi ASA Earnings Call TranscriptApr 24, 2023€2.24 (+6.81%)Earnings
- Var Energi ASA Capital Markets Update TranscriptFeb 16, 2023
- Q3 2022 Var Energi ASA Earnings Call TranscriptOct 25, 2022€3.1 (-0.64%)Earnings
Eni SpA and Var Energi ASA to Acquire Neptune Energy Group Ltd Call Transcript
Good afternoon, ladies and gentlemen, and welcome to the conference call covering today's announcement of Eni's purchase of Neptune Energy, hosted by Mr. Claudio Descalzi, Chief Executive Officer. (Operator Instructions) I am now handing you over to your host to begin today's conference call.
Thank you. Good afternoon, and welcome to our conference call to discuss today's announcement concerning the agreement of Eni and VÃ¥r to acquire Neptune Energy. I'm sure you will have had a chance by now to read our press release published this morning and see related information published by VÃ¥r Energi.
Together, we have agreed to purchase Neptune Energy with VÃ¥r acquiring the Norwegian asset and Eni acquiring the remaining portfolio with the exception of German operation. Between us, we are paying $4.9 billion to acquire Neptune, including debt, with Eni paying $2.6 billion for the international business. That equates to an attractive 2P acquisition price of $10.1 per barrel for a business expected to
Access to All Earning Calls and Stock Analysis | |
30-Year Financial on one screen | |
All-in-one Stock Screener with unlimited filters | |
Customizable Stock Dashboard | |
Real Time Insider Trading Transactions | |
8,000+ Institutional investors’ 13F holdings | |
Powerful Excel Add-in and Google sheets Add-on | |
All data downloadable | |
Quick customer support | |
And much more... |
![](https://static.gurufocus.com/material/money-back-guarantee.png)
![](https://static.gurufocus.com/trust_rating.png)
![](https://static.gurufocus.com/trust.png)