Oil & Gas Exploration & Production
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KRP vs NOG vs TPVG vs FANG
Revenue, margins, valuation, and 5-year total return — side by side.
Oil & Gas Exploration & Production
Asset Management
Oil & Gas Exploration & Production
KRP vs NOG vs TPVG vs FANG — Key Financials
Market cap, revenue, margins, and valuation side-by-side.
| Company Snapshot | ||||
|---|---|---|---|---|
| Industry | Oil & Gas Exploration & Production | Oil & Gas Exploration & Production | Asset Management | Oil & Gas Exploration & Production |
| Market Cap | $1.37B | $2.53B | $243M | $53.57B |
| Revenue (TTM) | $309M | $2.06B | $97M | $15.19B |
| Net Income (TTM) | $72M | $-623M | $-12M | $403M |
| Gross Margin | 103.3% | 30.6% | 83.5% | 41.8% |
| Operating Margin | 37.2% | 26.0% | 77.9% | 22.1% |
| Forward P/E | 15.8x | 6.8x | 6.5x | 10.7x |
| Total Debt | $451M | $2.40B | $469M | $14.49B |
| Cash & Equiv. | $44M | $14M | $20M | $106M |
KRP vs NOG vs TPVG vs FANG — Long-Term Stock Performance
Price return indexed to 100 at period start. Dividends excluded.
| Stock | May 20 | May 26 | Return |
|---|---|---|---|
| Kimbell Royalty Par… (KRP) | 100 | 211.7 | +111.7% |
| Northern Oil and Ga… (NOG) | 100 | 307.3 | +207.3% |
| TriplePoint Venture… (TPVG) | 100 | 59.8 | -40.2% |
| Diamondback Energy,… (FANG) | 100 | 447.3 | +347.3% |
Price return only. Dividends and distributions are not included.
Quick Verdict: KRP vs NOG vs TPVG vs FANG
Each card shows where this stock fits in a portfolio — not just who wins on paper.
KRP is the clearest fit if your priority is income & stability and defensive.
- Dividend streak 0 yrs, beta 0.21, yield 9.8%
- Beta 0.21, yield 9.8%, current ratio 8.64x
- 5.8% ROA vs NOG's -11.3%, ROIC 8.8% vs 10.0%
NOG lags the leaders in this set but could rank higher in a more targeted comparison.
TPVG carries the broadest edge in this set and is the clearest fit for growth exposure.
- Rev growth 36.6%, EPS growth 48.8%
- 36.6% NII/revenue growth vs NOG's -3.2%
- Lower P/E (6.5x vs 10.7x)
- 50.6% margin vs NOG's -30.3%
FANG is the #2 pick in this set and the best alternative if long-term compounding and sleep-well-at-night is your priority.
- 162.5% 10Y total return vs TPVG's 93.3%
- Lower volatility, beta 0.09, Low D/E 33.7%, current ratio 0.42x
- Beta 0.09 vs TPVG's 0.83, lower leverage
- +50.1% vs NOG's +5.3%
See the full category breakdown
| Category | Winner | Why |
|---|---|---|
| Growth | 36.6% NII/revenue growth vs NOG's -3.2% | |
| Value | Lower P/E (6.5x vs 10.7x) | |
| Quality / Margins | 50.6% margin vs NOG's -30.3% | |
| Stability / Safety | Beta 0.09 vs TPVG's 0.83, lower leverage | |
| Dividends | 17.1% yield, vs NOG's 7.3% | |
| Momentum (1Y) | +50.1% vs NOG's +5.3% | |
| Efficiency (ROA) | 5.8% ROA vs NOG's -11.3%, ROIC 8.8% vs 10.0% |
KRP vs NOG vs TPVG vs FANG — Revenue Breakdown by Segment
How each company's revenue is distributed across its business units
Segment breakdown not available.
KRP vs NOG vs TPVG vs FANG — Financial Metrics
Side-by-side numbers across 4 stocks — who leads on profitability, valuation, growth, and risk.
Who Leads Where
KRP leads in 2 of 6 categories
TPVG leads 1 • FANG leads 1 • NOG leads 0 • 2 tied
Explore the data ↓Income & Cash Flow (Last 12 Months)
KRP leads this category, winning 3 of 6 comparable metrics.
Income & Cash Flow (Last 12 Months)
FANG is the larger business by revenue, generating $15.2B annually — 156.3x TPVG's $97M. TPVG is the more profitable business, keeping 50.6% of every revenue dollar as net income compared to NOG's -30.3%. On growth, FANG holds the edge at +5.2% YoY revenue growth, suggesting stronger near-term business momentum.
| Metric | ||||
|---|---|---|---|---|
| RevenueTrailing 12 months | $309M | $2.1B | $97M | $15.2B |
| EBITDAEarnings before interest/tax | $177M | $1.3B | -$22M | $8.6B |
| Net IncomeAfter-tax profit | $72M | -$623M | -$12M | $403M |
| Free Cash FlowCash after capex | $241M | -$115M | $35M | $1.6B |
| Gross MarginGross profit ÷ Revenue | +103.3% | +30.6% | +83.5% | +41.8% |
| Operating MarginEBIT ÷ Revenue | +37.2% | +26.0% | +77.9% | +22.1% |
| Net MarginNet income ÷ Revenue | +23.2% | -30.3% | +50.6% | +2.7% |
| FCF MarginFCF ÷ Revenue | +78.0% | -5.6% | -58.7% | +10.5% |
| Rev. Growth (YoY)Latest quarter vs prior year | -27.4% | -6.2% | — | +5.2% |
| EPS Growth (YoY)Latest quarter vs prior year | -76.2% | -4.8% | -2.3% | -98.3% |
Valuation Metrics
TPVG leads this category, winning 3 of 6 comparable metrics.
Valuation Metrics
At 4.9x trailing earnings, TPVG trades at a 92% valuation discount to NOG's 61.4x P/E. On an enterprise value basis, NOG's 3.4x EV/EBITDA is more attractive than KRP's 13.4x.
| Metric | ||||
|---|---|---|---|---|
| Market CapShares × price | $1.4B | $2.5B | $243M | $53.6B |
| Enterprise ValueMkt cap + debt − cash | $1.8B | $4.9B | $691M | $68.0B |
| Trailing P/EPrice ÷ TTM EPS | 31.57x | 61.38x | 4.91x | 33.24x |
| Forward P/EPrice ÷ next-FY EPS est. | 15.80x | 6.80x | 6.50x | 10.68x |
| PEG RatioP/E ÷ EPS growth rate | — | — | 4.84x | — |
| EV / EBITDAEnterprise value multiple | 13.37x | 3.44x | 9.13x | 6.83x |
| Price / SalesMarket cap ÷ Revenue | 4.12x | 1.21x | 2.50x | 3.57x |
| Price / BookPrice ÷ Book value/share | 2.28x | 1.12x | 0.68x | 1.28x |
| Price / FCFMarket cap ÷ FCF | 5.59x | 10.02x | — | 10.23x |
Profitability & Efficiency
KRP leads this category, winning 6 of 9 comparable metrics.
Profitability & Efficiency
KRP delivers a 9.8% return on equity — every $100 of shareholder capital generates $10 in annual profit, vs $-29 for NOG. FANG carries lower financial leverage with a 0.34x debt-to-equity ratio, signaling a more conservative balance sheet compared to TPVG's 1.33x. On the Piotroski fundamental quality scale (0–9), KRP scores 6/9 vs FANG's 4/9, reflecting solid financial health.
| Metric | ||||
|---|---|---|---|---|
| ROE (TTM)Return on equity | +9.8% | -29.1% | -3.4% | +0.9% |
| ROA (TTM)Return on assets | +5.8% | -11.3% | -1.5% | +0.6% |
| ROICReturn on invested capital | +8.8% | +10.0% | +7.2% | +6.7% |
| ROCEReturn on capital employed | +11.4% | +12.4% | +9.4% | +7.6% |
| Piotroski ScoreFundamental quality 0–9 | 6 | 6 | 5 | 4 |
| Debt / EquityFinancial leverage | 0.58x | 1.13x | 1.33x | 0.34x |
| Net DebtTotal debt minus cash | $407M | $2.4B | $449M | $14.4B |
| Cash & Equiv.Liquid assets | $44M | $14M | $20M | $106M |
| Total DebtShort + long-term debt | $451M | $2.4B | $469M | $14.5B |
| Interest CoverageEBIT ÷ Interest expense | 5.04x | 0.94x | -1.02x | 0.66x |
Total Returns (Dividends Reinvested)
FANG leads this category, winning 6 of 6 comparable metrics.
Total Returns (Dividends Reinvested)
A $10,000 investment in FANG five years ago would be worth $26,372 today (with dividends reinvested), compared to $8,649 for TPVG. Over the past 12 months, FANG leads with a +50.1% total return vs NOG's +5.3%. The 3-year compound annual growth rate (CAGR) favors FANG at 16.3% vs NOG's -3.3% — a key indicator of consistent wealth creation.
| Metric | ||||
|---|---|---|---|---|
| YTD ReturnYear-to-date | +23.8% | +10.8% | -6.3% | +25.7% |
| 1-Year ReturnPast 12 months | +35.4% | +5.3% | +19.3% | +50.1% |
| 3-Year ReturnCumulative with dividends | +23.6% | -9.4% | -3.4% | +57.5% |
| 5-Year ReturnCumulative with dividends | +81.5% | +81.8% | -13.5% | +163.7% |
| 10-Year ReturnCumulative with dividends | +35.4% | -34.4% | +93.3% | +162.5% |
| CAGR (3Y)Annualised 3-year return | +7.3% | -3.3% | -1.2% | +16.3% |
Risk & Volatility
Evenly matched — KRP and FANG each lead in 1 of 2 comparable metrics.
Risk & Volatility
FANG is the less volatile stock with a 0.09 beta — it tends to amplify market swings less than TPVG's 0.83 beta. A beta below 1.0 means the stock typically moves less than the S&P 500. KRP currently trades 92.8% from its 52-week high vs NOG's 73.4% drawdown — a narrower gap to the peak suggests stronger recent price momentum.
| Metric | ||||
|---|---|---|---|---|
| Beta (5Y)Sensitivity to S&P 500 | 0.21x | 0.60x | 0.83x | 0.09x |
| 52-Week HighHighest price in past year | $15.65 | $32.62 | $7.53 | $214.51 |
| 52-Week LowLowest price in past year | $11.31 | $20.18 | $4.48 | $127.75 |
| % of 52W HighCurrent price vs 52-week peak | +92.8% | +73.4% | +79.5% | +88.8% |
| RSI (14)Momentum oscillator 0–100 | 46.5 | 37.3 | 58.3 | 49.7 |
| Avg Volume (50D)Average daily shares traded | 829K | 2.7M | 504K | 3.4M |
Analyst Outlook
Evenly matched — NOG and TPVG each lead in 1 of 2 comparable metrics.
Analyst Outlook
Analyst consensus: KRP as "Buy", NOG as "Buy", TPVG as "Hold", FANG as "Buy". Consensus price targets imply 49.4% upside for TPVG (target: $9) vs 5.7% for FANG (target: $201). For income investors, TPVG offers the higher dividend yield at 17.11% vs FANG's 2.10%.
| Metric | ||||
|---|---|---|---|---|
| Analyst RatingConsensus buy/hold/sell | Buy | Buy | Hold | Buy |
| Price TargetConsensus 12-month target | $17.00 | $29.00 | $8.95 | $201.27 |
| # AnalystsCovering analysts | 18 | 13 | 12 | 51 |
| Dividend YieldAnnual dividend ÷ price | +9.8% | +7.3% | +17.1% | +2.1% |
| Dividend StreakConsecutive years of raises | 0 | 5 | 0 | 0 |
| Dividend / ShareAnnual DPS | $1.42 | $1.75 | $1.02 | $4.00 |
| Buyback YieldShare repurchases ÷ mkt cap | +13.1% | +2.3% | 0.0% | +3.8% |
KRP leads in 2 of 6 categories (Income & Cash Flow, Profitability & Efficiency). TPVG leads in 1 (Valuation Metrics). 2 tied.
KRP vs NOG vs TPVG vs FANG: Key Questions Answered
10 questions · data-driven answers · updated daily
01Is KRP or NOG or TPVG or FANG a better buy right now?
For growth investors, TriplePoint Venture Growth BDC Corp.
(TPVG) is the stronger pick with 36. 6% revenue growth year-over-year, versus -3. 2% for Northern Oil and Gas, Inc. (NOG). TriplePoint Venture Growth BDC Corp. (TPVG) offers the better valuation at 4. 9x trailing P/E (6. 5x forward), making it the more compelling value choice. Analysts rate Kimbell Royalty Partners, LP (KRP) a "Buy" — based on 18 analyst ratings — the highest consensus in this comparison. The "better buy" depends entirely on your goals: growth investors should weight revenue trajectory, value investors should weight P/E and PEG, and income investors should weight dividend yield and streak.
02Which has the better valuation — KRP or NOG or TPVG or FANG?
On trailing P/E, TriplePoint Venture Growth BDC Corp.
(TPVG) is the cheapest at 4. 9x versus Northern Oil and Gas, Inc. at 61. 4x. On forward P/E, TriplePoint Venture Growth BDC Corp. is actually cheaper at 6. 5x.
03Which is the better long-term investment — KRP or NOG or TPVG or FANG?
Over the past 5 years, Diamondback Energy, Inc.
(FANG) delivered a total return of +163. 7%, compared to -13. 5% for TriplePoint Venture Growth BDC Corp. (TPVG). Over 10 years, the gap is even starker: FANG returned +162. 5% versus NOG's -34. 4%. Past returns do not guarantee future results, and the stock with the higher historical return may already have its best growth priced in.
04Which is safer — KRP or NOG or TPVG or FANG?
By beta (market sensitivity over 5 years), Diamondback Energy, Inc.
(FANG) is the lower-risk stock at 0. 09β versus TriplePoint Venture Growth BDC Corp. 's 0. 83β — meaning TPVG is approximately 819% more volatile than FANG relative to the S&P 500. On balance sheet safety, Diamondback Energy, Inc. (FANG) carries a lower debt/equity ratio of 34% versus 133% for TriplePoint Venture Growth BDC Corp. — giving it more financial flexibility in a downturn.
05Which is growing faster — KRP or NOG or TPVG or FANG?
By revenue growth (latest reported year), TriplePoint Venture Growth BDC Corp.
(TPVG) is pulling ahead at 36. 6% versus -3. 2% for Northern Oil and Gas, Inc. (NOG). On earnings-per-share growth, the picture is similar: Kimbell Royalty Partners, LP grew EPS 100. 6% year-over-year, compared to -92. 4% for Northern Oil and Gas, Inc.. Over a 3-year CAGR, FANG leads at 16. 2% annualised revenue growth. Higher growth typically commands a higher valuation multiple — check whether the premium P/E or P/S is justified by the growth rate using the PEG ratio.
06Which has better profit margins — KRP or NOG or TPVG or FANG?
TriplePoint Venture Growth BDC Corp.
(TPVG) is the more profitable company, earning 50. 6% net margin versus 1. 9% for Northern Oil and Gas, Inc. — meaning it keeps 50. 6% of every revenue dollar as bottom-line profit. Operating margin tells a similar story: TPVG leads at 77. 9% versus 29. 3% for NOG. At the gross margin level — before operating expenses — KRP leads at 93. 9%, reflecting greater pricing power or product mix advantage. Stronger margins indicate durable pricing power, lower cost of revenue, or higher mix of software/services. They are one of the clearest signs of business quality.
07Is KRP or NOG or TPVG or FANG more undervalued right now?
On forward earnings alone, TriplePoint Venture Growth BDC Corp.
(TPVG) trades at 6. 5x forward P/E versus 15. 8x for Kimbell Royalty Partners, LP — 9. 3x cheaper on a one-year earnings basis. Analyst consensus price targets imply the most upside for TPVG: 49. 4% to $8. 95.
08Which pays a better dividend — KRP or NOG or TPVG or FANG?
All stocks in this comparison pay dividends.
TriplePoint Venture Growth BDC Corp. (TPVG) offers the highest yield at 17. 1%, versus 2. 1% for Diamondback Energy, Inc. (FANG).
09Is KRP or NOG or TPVG or FANG better for a retirement portfolio?
For long-horizon retirement investors, Diamondback Energy, Inc.
(FANG) is the stronger choice — it scores higher on the combination of lower volatility, dividend reliability, and long-term compounding (low volatility (β 0. 09), 2. 1% yield, +162. 5% 10Y return). Both have compounded well over 10 years (FANG: +162. 5%, TPVG: +93. 3%), confirming both are viable long-term holds — but the lower-volatility option typically results in less emotional selling during corrections. Retirement portfolios generally favour predictability over maximum returns. Consult a financial advisor before making allocation decisions.
10What are the main differences between KRP and NOG and TPVG and FANG?
These companies operate in different sectors (KRP (Energy) and NOG (Energy) and TPVG (Financial Services) and FANG (Energy)), which means they face different economic cycles, regulatory environments, and macro sensitivities — making direct comparison nuanced.
In terms of investment character: KRP is a small-cap income-oriented stock; NOG is a small-cap income-oriented stock; TPVG is a small-cap high-growth stock; FANG is a mid-cap high-growth stock. These fundamental differences mean investors should not choose between them on a single metric — the "better stock" depends entirely on which of these characteristics aligns with your investment strategy.
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