TPL vs. VNOM: Texas Pacific Land vs. Viper Energy Stock Comparison
How do Texas Pacific Land (TPL) 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
Texas Pacific Land (TPL) and Viper Energy (VNOM) are both classified in the Oil & Gas Exploration & Production sub-industry within the broader Oil, Gas & Consumable Fuels industry, placing them in the closest GICS peer bucket.
| Profile Item | TPL | VNOM |
|---|---|---|
| Name | Texas Pacific Land Corporation | 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 Exploration & Production | Oil & Gas Exploration & Production |
| Market Capitalization | 18.79 billion USD | 21.21 billion USD |
| Currency | USD | USD |
| Exchange | NYSE | Nasdaq |
| Listing Date | March 17, 1980 | June 18, 2014 |
| Security Type | Common Stock | Common Stock |
Price Performance
Cumulative Growth
Trailing Returns
Calendar-Year Returns
Performance Metrics
| Metric | TPL | VNOM |
|---|---|---|
| Total Return (1Y) | -14.10% | 12.89% |
| Total Return (3Y, Annualized) | 16.13% | 17.78% |
| Total Return (5Y, Annualized) | 13.42% | 18.74% |
Risk Profile
Drawdown History
Return Distribution
Risk Metrics
| Metric | TPL | VNOM |
|---|---|---|
| Volatility (1Y, Annualized) | 49.74% | 29.71% |
| Beta (5Y) | 0.62 | 0.54 |
| Max Drawdown (5Y) | -52.50% | -34.46% |
| Avg. Volume (3M) | 380.93K | 1.93M |
Risk-Adjusted Performance
Risk-Return Positioning
Risk-Adjusted Metrics
| Metric | TPL | VNOM |
|---|---|---|
| Sharpe Ratio (1Y) | -0.37 | 0.29 |
| Sortino Ratio (1Y) | -0.50 | 0.40 |
Profitability
ROE (TTM)
Texas Pacific Land (TPL) at 37.07% sits in the top ROE quartile, while Viper Energy (VNOM) at 5.60% is closer to the peer norm — stronger capital efficiency for TPL.
TPL
Energy industry group
37.07%
- Max
- 53.85%
- TPL
- 37.07%
- 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%
Net Margin (TTM)
Texas Pacific Land (TPL) at 60.71% converts revenue to bottom-line profit above its industry’s benchmark range, while Viper Energy (VNOM) at 12.77% keeps roughly the typical share for its industry.
TPL
Energy industry group
60.71%
- TPL
- 60.71%
- Max
- 56.92%
- Q3
- 22.92%
- 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%
Operating Margin (TTM)
Texas Pacific Land (TPL) at 76.20% shows unusually strong operating efficiency — above its industry’s operating margin range — and Viper Energy (VNOM) at 58.79% also operates in the top quartile.
TPL
Energy industry group
76.20%
- TPL
- 76.20%
- Max
- 71.31%
- 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%
Profitability Metrics
| Metric | TPL | VNOM |
|---|---|---|
| ROE (TTM) | 37.07% | 5.60% |
| ROA (TTM) | 26.08% | 5.83% |
| Net Margin (TTM) | 60.71% | 12.77% |
| Operating Margin (TTM) | 76.20% | 58.79% |
| Gross Margin (TTM) | 94.09% | 100.00% |
Growth
Revenue Growth
Viper Energy (VNOM) at 62.09% clears its industry range for revenue growth, far stronger top-line momentum than Texas Pacific Land (TPL) at 13.09%, which is closer to a typical peer reading.
EPS Growth
Texas Pacific Land (TPL) at 6.04% 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 | TPL | VNOM |
|---|---|---|
| Revenue Growth (YoY) | 13.09% | 62.09% |
| Revenue Growth (3Y CAGR) | 6.15% | 17.21% |
| EPS Growth (YoY) | 6.04% | -112.57% |
| EPS Growth (3Y CAGR) | 2.78% | -- |
Financial Strength
Current Ratio (MRQ)
Both Texas Pacific Land (TPL) at 5.41 and Viper Energy (VNOM) at 5.92 post current ratio above their industries’ typical mid-ranges — short-term liquidity appears comfortable, though unusually high readings can point to idle current assets.
TPL
Energy industry group
5.41
- TPL
- 5.41
- Max
- 3.64
- Q3
- 2.21
- Median
- 1.41
- 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
Debt / Equity (MRQ)
Both Texas Pacific Land (TPL) at 0.01 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.
TPL
Energy industry group
0.01
- Max
- 1.75
- Q3
- 0.93
- Median
- 0.54
- Q1
- 0.30
- TPL
- 0.01
- 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 | TPL | VNOM |
|---|---|---|
| Current Ratio (MRQ) | 5.41 | 5.92 |
| Debt / Equity (MRQ) | 0.01 | 0.23 |
| Net Debt / EBITDA | -0.44 | 1.14 |
Dividends
Dividend Yield (TTM)
Viper Energy (VNOM) at 5.97% delivers top-quartile income for its industry, while Texas Pacific Land (TPL) at 0.86% pays a more typical yield — both are credible income propositions, VNOM the richer one.
TPL
Energy industry group
0.86%
- Max
- 8.57%
- Q3
- 3.58%
- Median
- 1.71%
- TPL
- 0.86%
- 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 Texas Pacific Land (TPL) reports 27.42%, ranking against industry peers normally.
TPL
Energy industry group
27.42%
- Max
- 133.24%
- Q3
- 53.31%
- TPL
- 27.42%
- 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 | TPL | VNOM |
|---|---|---|
| Dividend Yield (TTM) | 0.86% | 5.97% |
| Dividend Payout Ratio (TTM) | 27.42% | 194.44% |
Valuation
P/E Ratio (TTM)
Both Texas Pacific Land (TPL) at 32.00 and Viper Energy (VNOM) at 32.24 sit in the richer earnings-multiple quartile for P/E ratio, so investors are paying more for TTM earnings than they pay for typical peers.
TPL
Energy industry group
32.00
- Max
- 39.54
- TPL
- 32.00
- Q3
- 21.72
- 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)
Investors are paying well above the peer range per dollar of sales for both Texas Pacific Land (TPL) at 19.41 and Viper Energy (VNOM) at 9.82 — each P/S ratio clears its industry’s benchmark range.
TPL
Energy industry group
19.41
- TPL
- 19.41
- Max
- 5.40
- Q3
- 2.85
- 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
P/B Ratio (MRQ)
Viper Energy (VNOM) at 1.53 sits near its industry’s typical P/B ratio, while Texas Pacific Land (TPL) at 10.42 prices above its benchmark range — TPL looks rich relative to book.
TPL
Energy industry group
10.42
- TPL
- 10.42
- 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
Valuation Metrics
| Metric | TPL | VNOM |
|---|---|---|
| P/E Ratio (TTM) | 32.00 | 32.24 |
| P/S Ratio (TTM) | 19.41 | 9.82 |
| P/B Ratio (MRQ) | 10.42 | 1.53 |
| Free Cash Flow Yield (TTM) | 0.43% | 3.67% |