OKE vs. VNOM: ONEOK vs. Viper Energy Stock Comparison
How do ONEOK (OKE) 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
ONEOK (OKE) and Viper Energy (VNOM) both belong to the Oil, Gas & Consumable Fuels industry, though OKE is classified under Oil & Gas Storage & Transportation while VNOM falls under Oil & Gas Exploration & Production.
| Profile Item | OKE | VNOM |
|---|---|---|
| Name | ONEOK, Inc. | Viper Energy, Inc. |
| Country/Region | United States | United States |
| GICS Sector | Energy | Energy |
| GICS Industry Group | Energy | Energy |
| GICS Industry | Oil, Gas & Consumable Fuels | Oil, Gas & Consumable Fuels |
| GICS Sub-Industry | Oil & Gas Storage & Transportation | Oil & Gas Exploration & Production |
| Market Capitalization | 53.71 billion USD | 21.21 billion USD |
| Currency | USD | USD |
| Exchange | NYSE | Nasdaq |
| Listing Date | October 1, 1980 | June 18, 2014 |
| Security Type | Common Stock | Common Stock |
Price Performance
Cumulative Growth
Trailing Returns
Calendar-Year Returns
Performance Metrics
| Metric | OKE | VNOM |
|---|---|---|
| Total Return (1Y) | 33.00% | 12.89% |
| Total Return (3Y, Annualized) | 16.19% | 17.78% |
| Total Return (5Y, Annualized) | 11.76% | 18.74% |
Risk Profile
Drawdown History
Return Distribution
Risk Metrics
| Metric | OKE | VNOM |
|---|---|---|
| Volatility (1Y, Annualized) | 27.56% | 29.71% |
| Beta (5Y) | 0.79 | 0.54 |
| Max Drawdown (5Y) | -42.17% | -34.46% |
| Avg. Volume (3M) | 3.38M | 1.93M |
Risk-Adjusted Performance
Risk-Return Positioning
Risk-Adjusted Metrics
| Metric | OKE | VNOM |
|---|---|---|
| Sharpe Ratio (1Y) | 1.04 | 0.29 |
| Sortino Ratio (1Y) | 1.50 | 0.40 |
Profitability
ROE (TTM)
Both ONEOK (OKE) at 15.02% 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.
OKE
Energy industry group
15.02%
- Max
- 53.85%
- Q3
- 24.79%
- OKE
- 15.02%
- 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%
Net Margin (TTM)
Both ONEOK (OKE) at 9.42% 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.
OKE
Energy industry group
9.42%
- Max
- 56.92%
- Q3
- 22.92%
- Median
- 10.10%
- OKE
- 9.42%
- 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%
Operating Margin (TTM)
Viper Energy (VNOM) at 58.79% operates in the top operating margin quartile, ahead of ONEOK (OKE) at 12.71%, which runs around its industry’s norm.
OKE
Energy industry group
12.71%
- Max
- 71.31%
- Q3
- 33.75%
- Median
- 18.73%
- OKE
- 12.71%
- 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%
Profitability Metrics
| Metric | OKE | VNOM |
|---|---|---|
| ROE (TTM) | 15.02% | 5.60% |
| ROA (TTM) | 5.46% | 5.83% |
| Net Margin (TTM) | 9.42% | 12.77% |
| Operating Margin (TTM) | 12.71% | 58.79% |
| Gross Margin (TTM) | 25.20% | 100.00% |
Growth
Revenue Growth
Both ONEOK (OKE) at 54.99% and Viper Energy (VNOM) at 62.09% are expanding revenue faster than their entire industry benchmark ranges for revenue growth — exceptional top-line momentum on both sides, though growth that far above the peer range is worth checking for one-off boosts such as acquisitions.
EPS Growth
ONEOK (OKE) at 4.84% is around its peer norm for EPS growth, while Viper Energy (VNOM) at -112.57% drops into the bottom quartile, signaling weaker earnings momentum.
Growth Metrics
| Metric | OKE | VNOM |
|---|---|---|
| Revenue Growth (YoY) | 54.99% | 62.09% |
| Revenue Growth (3Y CAGR) | 14.53% | 17.21% |
| EPS Growth (YoY) | 4.84% | -112.57% |
| EPS Growth (3Y CAGR) | 12.17% | -- |
Financial Strength
Current Ratio (MRQ)
Viper Energy (VNOM) at 5.92 carries current ratio above its industry’s typical mid-range, while ONEOK (OKE) at 0.84 runs in the tighter-liquidity quartile — different working-capital profiles, both worth examining.
OKE
Energy industry group
0.84
- Max
- 3.64
- Q3
- 2.21
- Median
- 1.41
- Q1
- 0.88
- OKE
- 0.84
- 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
Debt / Equity (MRQ)
Viper Energy (VNOM) at 0.23 keeps leverage in the lower industry quartile, while ONEOK (OKE) at 0.88 runs a more typical debt-to-equity mix.
OKE
Energy industry group
0.88
- Max
- 1.75
- Q3
- 0.93
- OKE
- 0.88
- 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
Financial Strength Metrics
| Metric | OKE | VNOM |
|---|---|---|
| Current Ratio (MRQ) | 0.84 | 5.92 |
| Debt / Equity (MRQ) | 0.88 | 0.23 |
| Net Debt / EBITDA | 3.68 | 1.14 |
Dividends
Dividend Yield (TTM)
Both ONEOK (OKE) at 4.96% and Viper Energy (VNOM) at 5.97% offer top-quartile dividend income relative to share price within their industries.
OKE
Energy industry group
4.96%
- Max
- 8.57%
- OKE
- 4.96%
- 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%
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 ONEOK (OKE) reports 65.84%, ranking against industry peers normally.
OKE
Energy industry group
65.84%
- Max
- 133.24%
- OKE
- 65.84%
- Q3
- 53.31%
- 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%
Dividend Metrics
| Metric | OKE | VNOM |
|---|---|---|
| Dividend Yield (TTM) | 4.96% | 5.97% |
| Dividend Payout Ratio (TTM) | 65.84% | 194.44% |
Valuation
P/E Ratio (TTM)
ONEOK (OKE) at 13.23 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.
OKE
Energy industry group
13.23
- Max
- 39.54
- Q3
- 21.72
- OKE
- 13.23
- 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
P/S Ratio (TTM)
ONEOK (OKE) at 1.24 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.
OKE
Energy industry group
1.24
- Max
- 5.40
- Q3
- 2.85
- Median
- 1.69
- OKE
- 1.24
- 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
P/B Ratio (MRQ)
On P/B ratio, both ONEOK (OKE) at 2.30 and Viper Energy (VNOM) at 1.53 are valued close to their industries’ norm against book — neither stands out from peers.
OKE
Energy industry group
2.30
- Max
- 4.21
- Q3
- 2.38
- OKE
- 2.30
- 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
Valuation Metrics
| Metric | OKE | VNOM |
|---|---|---|
| P/E Ratio (TTM) | 13.23 | 32.24 |
| P/S Ratio (TTM) | 1.24 | 9.82 |
| P/B Ratio (MRQ) | 2.30 | 1.53 |
| Free Cash Flow Yield (TTM) | 1.44% | 3.67% |