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EQNR vs. VNOM: Equinor vs. Viper Energy Stock Comparison

How do Equinor (EQNR) 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

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

Viper Energy (VNOM) trades as ordinary local shares, while Equinor (EQNR) trades as an ADR — compare with FX exposure, depositary-program fees, and dividend-withholding-tax differences in mind.

Company profile comparison for Equinor (EQNR) and Viper Energy (VNOM)
Profile ItemEQNRVNOM
NameEquinor ASA Sponsored ADRViper Energy, Inc.
Country/RegionNorwayUnited States
GICS SectorEnergyEnergy
GICS Industry GroupEnergyEnergy
GICS IndustryOil, Gas & Consumable FuelsOil, Gas & Consumable Fuels
GICS Sub-IndustryIntegrated Oil & GasOil & Gas Exploration & Production
Market Capitalization99.39 billion USD21.21 billion USD
CurrencyUSDUSD
ExchangeNYSENasdaq
Listing DateJune 18, 2001June 18, 2014
Security TypeADRCommon Stock

Price Performance

Cumulative Growth

EQNR
VNOM
GSPC
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Equinor (EQNR) 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 Equinor (EQNR) and Viper Energy (VNOM). Returns over one year are annualized.

Calendar-Year Returns

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

Performance Metrics

Price performance metrics for Equinor (EQNR) and Viper Energy (VNOM)
MetricEQNRVNOM
Total Return (1Y)78.03%12.89%
Total Return (3Y, Annualized)17.56%17.78%
Total Return (5Y, Annualized)17.66%18.74%

Risk Profile

Drawdown History

EQNR
VNOM
GSPC
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Equinor (EQNR) 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 Equinor (EQNR) and Viper Energy (VNOM). Each bar is the share of months whose return fell in that 5% bucket.

Risk Metrics

Risk profile metrics for Equinor (EQNR) and Viper Energy (VNOM)
MetricEQNRVNOM
Volatility (1Y, Annualized)40.50%29.71%
Beta (5Y)0.180.54
Max Drawdown (5Y)-34.57%-34.46%
Avg. Volume (3M)3.77M1.93M

Risk-Adjusted Performance

Risk-Return Positioning

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EQNR 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 Equinor (EQNR) and Viper Energy (VNOM)
MetricEQNRVNOM
Sharpe Ratio (1Y)1.820.29
Sortino Ratio (1Y)2.760.40

Profitability

ROE (TTM)

Equinor (EQNR) at 27.57% sits in the top ROE quartile, while Viper Energy (VNOM) at 5.60% is closer to the peer norm — stronger capital efficiency for EQNR.

EQNR

Energy industry group

27.57%

Max
53.85%
EQNR
27.57%
Q3
24.79%
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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Equinor (EQNR) vs. Viper Energy (VNOM): A comparison of their ROE against the Energy industry group benchmark.

Net Margin (TTM)

Both Equinor (EQNR) at 9.79% 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.

EQNR

Energy industry group

9.79%

Max
56.92%
Q3
22.92%
Median
10.10%
EQNR
9.79%
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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Equinor (EQNR) vs. Viper Energy (VNOM): A comparison of their net margin against the Energy industry group benchmark.

Operating Margin (TTM)

Both Equinor (EQNR) at 37.00% and Viper Energy (VNOM) at 58.79% convert sales into operating profit at a top-quartile rate, pointing to tighter cost discipline before financing and tax.

EQNR

Energy industry group

37.00%

Max
71.31%
EQNR
37.00%
Q3
33.75%
Median
18.73%
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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Equinor (EQNR) vs. Viper Energy (VNOM): A comparison of their operating margin against the Energy industry group benchmark.

Profitability Metrics

Profitability metrics for Equinor (EQNR) and Viper Energy (VNOM)
MetricEQNRVNOM
ROE (TTM)27.57%5.60%
ROA (TTM)17.10%5.83%
Net Margin (TTM)9.79%12.77%
Operating Margin (TTM)37.00%58.79%
Gross Margin (TTM)43.18%100.00%

Growth

Revenue Growth

Viper Energy (VNOM) at 62.09% clears its industry range for revenue growth, far stronger top-line momentum than Equinor (EQNR) at 3.24%, which is closer to a typical peer reading.

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

EPS Growth

Equinor (EQNR) at -37.62% 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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Equinor (EQNR) vs. Viper Energy (VNOM): A comparison of their EPS Growth across different time periods.

Growth Metrics

Growth metrics for Equinor (EQNR) and Viper Energy (VNOM)
MetricEQNRVNOM
Revenue Growth (YoY)3.24%62.09%
Revenue Growth (3Y CAGR)-10.78%17.21%
EPS Growth (YoY)-37.62%-112.57%
EPS Growth (3Y CAGR)-40.11%--

Financial Strength

Current Ratio (MRQ)

Equinor (EQNR) at 1.18 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.

EQNR

Energy industry group

1.18

Max
3.64
Q3
2.21
Median
1.41
EQNR
1.18
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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Equinor (EQNR) vs. Viper Energy (VNOM): A comparison of their current ratio against the Energy industry group benchmark.

Debt / Equity (MRQ)

Viper Energy (VNOM) at 0.23 keeps leverage in the lower industry quartile, while Equinor (EQNR) at 0.66 runs a more typical debt-to-equity mix.

EQNR

Energy industry group

0.66

Max
1.75
Q3
0.93
EQNR
0.66
Median
0.54
Q1
0.30
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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Equinor (EQNR) 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 Equinor (EQNR) and Viper Energy (VNOM)
MetricEQNRVNOM
Current Ratio (MRQ)1.185.92
Debt / Equity (MRQ)0.660.23
Net Debt / EBITDA0.121.14

Dividends

Dividend Yield (TTM)

Both Equinor (EQNR) at 3.67% and Viper Energy (VNOM) at 5.97% offer top-quartile dividend income relative to share price within their industries.

EQNR

Energy industry group

3.67%

Max
8.57%
EQNR
3.67%
Q3
3.58%
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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Equinor (EQNR) 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 Equinor (EQNR) reports 31.54%, ranking against industry peers normally.

EQNR

Energy industry group

31.54%

Max
133.24%
Q3
53.31%
EQNR
31.54%
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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Equinor (EQNR) vs. Viper Energy (VNOM): A comparison of their payout ratio against the Energy industry group benchmark.

Dividend Metrics

Dividend metrics for Equinor (EQNR) and Viper Energy (VNOM)
MetricEQNRVNOM
Dividend Yield (TTM)3.67%5.97%
Dividend Payout Ratio (TTM)31.54%194.44%

Valuation

P/E Ratio (TTM)

Equinor (EQNR) at 8.71 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.

EQNR

Energy industry group

8.71

Max
39.54
Q3
21.72
Median
12.19
EQNR
8.71
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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Equinor (EQNR) vs. Viper Energy (VNOM): A comparison of their P/E ratio against the Energy industry group benchmark.

P/S Ratio (TTM)

Equinor (EQNR) at 0.82 sits in the cheaper P/S ratio quartile while Viper Energy (VNOM) at 9.82 prices above its industry range — a wide gap in sales valuation between them.

EQNR

Energy industry group

0.82

Max
5.40
Q3
2.85
Median
1.69
Q1
0.88
EQNR
0.82
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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Equinor (EQNR) vs. Viper Energy (VNOM): A comparison of their P/S ratio against the Energy industry group benchmark.

P/B Ratio (MRQ)

Viper Energy (VNOM) at 1.53 sits near its industry’s typical P/B ratio, while Equinor (EQNR) at 4.44 prices above its benchmark range — EQNR looks rich relative to book.

EQNR

Energy industry group

4.44

EQNR
4.44
Max
4.21
Q3
2.38
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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Equinor (EQNR) vs. Viper Energy (VNOM): A comparison of their P/B ratio against the Energy industry group benchmark.

Valuation Metrics

Valuation metrics for Equinor (EQNR) and Viper Energy (VNOM)
MetricEQNRVNOM
P/E Ratio (TTM)8.7132.24
P/S Ratio (TTM)0.829.82
P/B Ratio (MRQ)4.441.53
Free Cash Flow Yield (TTM)32.55%3.67%