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CVX vs. VNOM: Chevron vs. Viper Energy Stock Comparison

How do Chevron (CVX) and Viper Energy (VNOM) stack up? This page sets them side by side across company profile, performance and risk, profitability, growth, financial strength, dividends, and valuation, with selected fundamentals also measured against each stock's industry-group peers.

Company Profile

Chevron (CVX) and Viper Energy (VNOM) both belong to the Oil, Gas & Consumable Fuels industry, though CVX is classified under Integrated Oil & Gas while VNOM falls under Oil & Gas Exploration & Production.

Company profile comparison for Chevron (CVX) and Viper Energy (VNOM)
Profile ItemCVXVNOM
NameChevron CorporationViper Energy, Inc.
Country/RegionUnited StatesUnited States
GICS SectorEnergyEnergy
GICS Industry GroupEnergyEnergy
GICS IndustryOil, Gas & Consumable FuelsOil, Gas & Consumable Fuels
GICS Sub-IndustryIntegrated Oil & GasOil & Gas Exploration & Production
Market Capitalization414.86 billion USD21.21 billion USD
CurrencyUSDUSD
ExchangeNYSENasdaq
Listing DateJanuary 2, 1962June 18, 2014
Security TypeCommon StockCommon Stock

Price Performance

Cumulative Growth

CVX
VNOM
GSPC
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Chevron (CVX) vs. Viper Energy (VNOM), with S&P 500 (GSPC) for reference: Growth of a $10,000 investment over the past five years. Adjusted for dividends and splits.

Trailing Returns

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Trailing total returns for Chevron (CVX) and Viper Energy (VNOM). Returns over one year are annualized.

Calendar-Year Returns

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Calendar-year total returns for Chevron (CVX) and Viper Energy (VNOM). Each bar is that year's total return, measured year-end to year-end.

Performance Metrics

Price performance metrics for Chevron (CVX) and Viper Energy (VNOM)
MetricCVXVNOM
Total Return (1Y)42.24%12.89%
Total Return (3Y, Annualized)19.22%17.78%
Total Return (5Y, Annualized)17.45%18.74%

Risk Profile

Drawdown History

CVX
VNOM
GSPC
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Chevron (CVX) vs. Viper Energy (VNOM), with S&P 500 (GSPC) for reference: Drawdown from the running peak over the past five years. Each line shows the decline from its prior peak; 0% marks a new high.

Return Distribution

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Distribution of monthly total returns for Chevron (CVX) and Viper Energy (VNOM). Each bar is the share of months whose return fell in that 5% bucket.

Risk Metrics

Risk profile metrics for Chevron (CVX) and Viper Energy (VNOM)
MetricCVXVNOM
Volatility (1Y, Annualized)24.66%29.71%
Beta (5Y)0.500.54
Max Drawdown (5Y)-24.95%-34.46%
Avg. Volume (3M)8.39M1.93M

Risk-Adjusted Performance

Risk-Return Positioning

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CVX and VNOM are plotted by 1-year volatility (risk) and 1-year return. The dashed Capital Allocation Line runs from the risk-free rate through the shared industry median.

Risk-Adjusted Metrics

Risk-adjusted metrics for Chevron (CVX) and Viper Energy (VNOM)
MetricCVXVNOM
Sharpe Ratio (1Y)1.540.29
Sortino Ratio (1Y)2.260.40

Profitability

ROE (TTM)

Both Chevron (CVX) at 13.85% and Viper Energy (VNOM) at 5.60% land near their industries’ usual ROE ranges, so capital efficiency looks broadly in line with peers on both sides.

CVX

Energy industry group

13.85%

Max
53.85%
Q3
24.79%
CVX
13.85%
Median
12.85%
Q1
2.03%
Min
-29.09%

VNOM

Energy industry group

5.60%

Max
53.85%
Q3
24.79%
Median
12.85%
VNOM
5.60%
Q1
2.03%
Min
-29.09%
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Chevron (CVX) vs. Viper Energy (VNOM): A comparison of their ROE against the Energy industry group benchmark.

Net Margin (TTM)

Both Chevron (CVX) at 11.92% and Viper Energy (VNOM) at 12.77% keep about the typical share of revenue as profit for their industries — neither bottom line stands out from peers.

CVX

Energy industry group

11.92%

Max
56.92%
Q3
22.92%
CVX
11.92%
Median
10.10%
Q1
0.07%
Min
-27.38%

VNOM

Energy industry group

12.77%

Max
56.92%
Q3
22.92%
VNOM
12.77%
Median
10.10%
Q1
0.07%
Min
-27.38%
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Chevron (CVX) vs. Viper Energy (VNOM): A comparison of their net margin against the Energy industry group benchmark.

Operating Margin (TTM)

Viper Energy (VNOM) at 58.79% operates in the top operating margin quartile, ahead of Chevron (CVX) at 17.89%, which runs around its industry’s norm.

CVX

Energy industry group

17.89%

Max
71.31%
Q3
33.75%
Median
18.73%
CVX
17.89%
Q1
6.94%
Min
-24.52%

VNOM

Energy industry group

58.79%

Max
71.31%
VNOM
58.79%
Q3
33.75%
Median
18.73%
Q1
6.94%
Min
-24.52%
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Chevron (CVX) vs. Viper Energy (VNOM): A comparison of their operating margin against the Energy industry group benchmark.

Profitability Metrics

Profitability metrics for Chevron (CVX) and Viper Energy (VNOM)
MetricCVXVNOM
ROE (TTM)13.85%5.60%
ROA (TTM)6.47%5.83%
Net Margin (TTM)11.92%12.77%
Operating Margin (TTM)17.89%58.79%
Gross Margin (TTM)44.39%100.00%

Growth

Revenue Growth

Viper Energy (VNOM) at 62.09% clears its industry range for revenue growth, far stronger top-line momentum than Chevron (CVX) at -4.64%, which is closer to a typical peer reading.

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Chevron (CVX) vs. Viper Energy (VNOM): A comparison of their Revenue Growth across different time periods.

EPS Growth

Chevron (CVX) at -31.79% is around its peer norm for EPS growth, while Viper Energy (VNOM) at -112.57% drops into the bottom quartile, signaling weaker earnings momentum.

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Chevron (CVX) vs. Viper Energy (VNOM): A comparison of their EPS Growth across different time periods.

Growth Metrics

Growth metrics for Chevron (CVX) and Viper Energy (VNOM)
MetricCVXVNOM
Revenue Growth (YoY)-4.64%62.09%
Revenue Growth (3Y CAGR)-7.85%17.21%
EPS Growth (YoY)-31.79%-112.57%
EPS Growth (3Y CAGR)-28.69%--

Financial Strength

Current Ratio (MRQ)

Chevron (CVX) at 1.34 keeps current ratio within its industry’s typical mid-range, while Viper Energy (VNOM) at 5.92 sits above its industry’s typical mid-range — comfortable liquidity, though possibly with more idle current assets relative to peers.

CVX

Energy industry group

1.34

Max
3.64
Q3
2.21
Median
1.41
CVX
1.34
Q1
0.88
Min
0.24

VNOM

Energy industry group

5.92

VNOM
5.92
Max
3.64
Q3
2.21
Median
1.41
Q1
0.88
Min
0.24
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Chevron (CVX) vs. Viper Energy (VNOM): A comparison of their current ratio against the Energy industry group benchmark.

Debt / Equity (MRQ)

Both Chevron (CVX) at 0.17 and Viper Energy (VNOM) at 0.23 keep leverage in the lower quartile of their industries, with less balance-sheet debt relative to equity than most peers.

CVX

Energy industry group

0.17

Max
1.75
Q3
0.93
Median
0.54
Q1
0.30
CVX
0.17
Min
0.00

VNOM

Energy industry group

0.23

Max
1.75
Q3
0.93
Median
0.54
Q1
0.30
VNOM
0.23
Min
0.00
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Chevron (CVX) vs. Viper Energy (VNOM): A comparison of their debt-to-equity ratio against the Energy industry group benchmark.

Financial Strength Metrics

Financial strength metrics for Chevron (CVX) and Viper Energy (VNOM)
MetricCVXVNOM
Current Ratio (MRQ)1.345.92
Debt / Equity (MRQ)0.170.23
Net Debt / EBITDA0.361.14

Dividends

Dividend Yield (TTM)

Viper Energy (VNOM) at 5.97% delivers top-quartile income for its industry, while Chevron (CVX) at 3.31% pays a more typical yield — both are credible income propositions, VNOM the richer one.

CVX

Energy industry group

3.31%

Max
8.57%
Q3
3.58%
CVX
3.31%
Median
1.71%
Q1
0.00%
Min
0.00%

VNOM

Energy industry group

5.97%

Max
8.57%
VNOM
5.97%
Q3
3.58%
Median
1.71%
Q1
0.00%
Min
0.00%
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Chevron (CVX) vs. Viper Energy (VNOM): A comparison of their dividend yield against the Energy industry group benchmark.

Dividend Payout Ratio (TTM)

Viper Energy (VNOM) reports payout ratio above 100% at 194.44%, meaning dividends exceeded current-period earnings and sustainability needs extra context. Meanwhile Chevron (CVX) reports 51.76%, ranking against industry peers normally.

CVX

Energy industry group

51.76%

Max
133.24%
Q3
53.31%
CVX
51.76%
Median
25.24%
Q1
0.00%
Min
0.00%

VNOM

Energy industry group

194.44%

VNOM
194.44%
Max
133.24%
Q3
53.31%
Median
25.24%
Q1
0.00%
Min
0.00%
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Chevron (CVX) vs. Viper Energy (VNOM): A comparison of their payout ratio against the Energy industry group benchmark.

Dividend Metrics

Dividend metrics for Chevron (CVX) and Viper Energy (VNOM)
MetricCVXVNOM
Dividend Yield (TTM)3.31%5.97%
Dividend Payout Ratio (TTM)51.76%194.44%

Valuation

P/E Ratio (TTM)

Chevron (CVX) at 15.61 is near its industry’s usual P/E ratio, while Viper Energy (VNOM) at 32.24 sits in the richer quartile — VNOM needs stronger growth or earnings quality to justify the premium.

CVX

Energy industry group

15.61

Max
39.54
Q3
21.72
CVX
15.61
Median
12.19
Q1
7.71
Min
2.99

VNOM

Energy industry group

32.24

Max
39.54
VNOM
32.24
Q3
21.72
Median
12.19
Q1
7.71
Min
2.99
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Chevron (CVX) vs. Viper Energy (VNOM): A comparison of their P/E ratio against the Energy industry group benchmark.

P/S Ratio (TTM)

Chevron (CVX) at 1.83 prices around its industry’s typical P/S ratio, while Viper Energy (VNOM) at 9.82 clears its benchmark range — VNOM looks notably rich on sales.

CVX

Energy industry group

1.83

Max
5.40
Q3
2.85
CVX
1.83
Median
1.69
Q1
0.88
Min
0.00

VNOM

Energy industry group

9.82

VNOM
9.82
Max
5.40
Q3
2.85
Median
1.69
Q1
0.88
Min
0.00
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Chevron (CVX) vs. Viper Energy (VNOM): A comparison of their P/S ratio against the Energy industry group benchmark.

P/B Ratio (MRQ)

On P/B ratio, both Chevron (CVX) at 2.13 and Viper Energy (VNOM) at 1.53 are valued close to their industries’ norm against book — neither stands out from peers.

CVX

Energy industry group

2.13

Max
4.21
Q3
2.38
CVX
2.13
Median
1.51
Q1
1.08
Min
0.01

VNOM

Energy industry group

1.53

Max
4.21
Q3
2.38
VNOM
1.53
Median
1.51
Q1
1.08
Min
0.01
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Chevron (CVX) vs. Viper Energy (VNOM): A comparison of their P/B ratio against the Energy industry group benchmark.

Valuation Metrics

Valuation metrics for Chevron (CVX) and Viper Energy (VNOM)
MetricCVXVNOM
P/E Ratio (TTM)15.6132.24
P/S Ratio (TTM)1.839.82
P/B Ratio (MRQ)2.131.53
Free Cash Flow Yield (TTM)6.28%3.67%