Oil & Gas Exploration & Production
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KRP vs VNOM
Revenue, margins, valuation, and 5-year total return — side by side.
Oil & Gas Midstream
KRP vs VNOM — Key Financials
Market cap, revenue, margins, and valuation side-by-side.
| Company Snapshot | ||
|---|---|---|
| Industry | Oil & Gas Exploration & Production | Oil & Gas Midstream |
| Market Cap | $1.36B | $17.89B |
| Revenue (TTM) | $334M | $1.60B |
| Net Income (TTM) | $56M | $-46M |
| Gross Margin | 93.9% | 46.3% |
| Operating Margin | 39.8% | 43.1% |
| Forward P/E | 15.9x | 21.1x |
| Total Debt | $446M | $2.19B |
| Cash & Equiv. | $44M | $13M |
KRP vs VNOM — 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 | 212.7 | +112.7% |
| Viper Energy, Inc. (VNOM) | 100 | 454.7 | +354.7% |
Price return only. Dividends and distributions are not included.
Quick Verdict: KRP vs VNOM
Each card shows where this stock fits in a portfolio — not just who wins on paper.
KRP carries the broadest edge in this set and is the clearest fit for income & stability and sleep-well-at-night.
- Dividend streak 0 yrs, beta 0.21
- Lower volatility, beta 0.21, Low D/E 72.6%, current ratio 8.64x
- Beta 0.21, current ratio 8.64x
VNOM is the clearest fit if your priority is growth exposure and long-term compounding.
- Rev growth 56.6%, EPS growth -112.6%, 3Y rev CAGR 15.8%
- 247.5% 10Y total return vs KRP's 35.7%
- 56.6% revenue growth vs KRP's 7.5%
See the full category breakdown
| Category | Winner | Why |
|---|---|---|
| Growth | 56.6% revenue growth vs KRP's 7.5% | |
| Value | Lower P/E (15.9x vs 21.1x) | |
| Quality / Margins | 16.8% margin vs VNOM's -2.9% | |
| Stability / Safety | Beta 0.21 vs VNOM's 0.38 | |
| Dividends | 4.8% yield; the other pay no meaningful dividend | |
| Momentum (1Y) | +34.3% vs VNOM's +24.8% | |
| Efficiency (ROA) | 4.6% ROA vs VNOM's -0.4%, ROIC 9.5% vs 5.0% |
KRP vs VNOM — Revenue Breakdown by Segment
How each company's revenue is distributed across its business units
KRP vs VNOM — Financial Metrics
Side-by-side numbers across 2 stocks — who leads on profitability, valuation, growth, and risk.
Income & Cash Flow (Last 12 Months)
KRP leads this category, winning 4 of 6 comparable metrics.
Income & Cash Flow (Last 12 Months)
VNOM is the larger business by revenue, generating $1.6B annually — 4.8x KRP's $334M. KRP is the more profitable business, keeping 16.8% of every revenue dollar as net income compared to VNOM's -2.9%. On growth, VNOM holds the edge at +102.4% YoY revenue growth, suggesting stronger near-term business momentum.
| Metric | ||
|---|---|---|
| RevenueTrailing 12 months | $334M | $1.6B |
| EBITDAEarnings before interest/tax | $226M | $1.4B |
| Net IncomeAfter-tax profit | $56M | -$46M |
| Free Cash FlowCash after capex | $23M | -$4.4B |
| Gross MarginGross profit ÷ Revenue | +93.9% | +46.3% |
| Operating MarginEBIT ÷ Revenue | +39.8% | +43.1% |
| Net MarginNet income ÷ Revenue | +16.8% | -2.9% |
| FCF MarginFCF ÷ Revenue | +6.8% | -2.8% |
| Rev. Growth (YoY)Latest quarter vs prior year | +7.8% | +102.4% |
| EPS Growth (YoY)Latest quarter vs prior year | +87.9% | -14.5% |
Valuation Metrics
KRP leads this category, winning 3 of 5 comparable metrics.
Valuation Metrics
On an enterprise value basis, KRP's 13.3x EV/EBITDA is more attractive than VNOM's 16.9x.
| Metric | ||
|---|---|---|
| Market CapShares × price | $1.4B | $17.9B |
| Enterprise ValueMkt cap + debt − cash | $1.8B | $20.1B |
| Trailing P/EPrice ÷ TTM EPS | 31.72x | -99.36x |
| Forward P/EPrice ÷ next-FY EPS est. | 15.88x | 21.06x |
| PEG RatioP/E ÷ EPS growth rate | — | — |
| EV / EBITDAEnterprise value multiple | 13.28x | 16.92x |
| Price / SalesMarket cap ÷ Revenue | 4.08x | 13.29x |
| Price / BookPrice ÷ Book value/share | 2.88x | 0.66x |
| Price / FCFMarket cap ÷ FCF | 5.55x | — |
Profitability & Efficiency
KRP leads this category, winning 8 of 9 comparable metrics.
Profitability & Efficiency
KRP delivers a 9.1% return on equity — every $100 of shareholder capital generates $9 in annual profit, vs $-0 for VNOM. VNOM carries lower financial leverage with a 0.21x debt-to-equity ratio, signaling a more conservative balance sheet compared to KRP's 0.73x. On the Piotroski fundamental quality scale (0–9), KRP scores 6/9 vs VNOM's 3/9, reflecting solid financial health.
| Metric | ||
|---|---|---|
| ROE (TTM)Return on equity | +9.1% | -0.5% |
| ROA (TTM)Return on assets | +4.6% | -0.4% |
| ROICReturn on invested capital | +9.5% | +5.0% |
| ROCEReturn on capital employed | +11.4% | +6.6% |
| Piotroski ScoreFundamental quality 0–9 | 6 | 3 |
| Debt / EquityFinancial leverage | 0.73x | 0.21x |
| Net DebtTotal debt minus cash | $402M | $2.2B |
| Cash & Equiv.Liquid assets | $44M | $13M |
| Total DebtShort + long-term debt | $446M | $2.2B |
| Interest CoverageEBIT ÷ Interest expense | 6.17x | 2.67x |
Total Returns (Dividends Reinvested)
VNOM leads this category, winning 4 of 6 comparable metrics.
Total Returns (Dividends Reinvested)
A $10,000 investment in VNOM five years ago would be worth $31,488 today (with dividends reinvested), compared to $19,399 for KRP. Over the past 12 months, KRP leads with a +34.3% total return vs VNOM's +24.8%. The 3-year compound annual growth rate (CAGR) favors VNOM at 26.2% vs KRP's 7.4% — a key indicator of consistent wealth creation.
| Metric | ||
|---|---|---|
| YTD ReturnYear-to-date | +24.4% | +24.3% |
| 1-Year ReturnPast 12 months | +34.3% | +24.8% |
| 3-Year ReturnCumulative with dividends | +24.0% | +100.8% |
| 5-Year ReturnCumulative with dividends | +94.0% | +214.9% |
| 10-Year ReturnCumulative with dividends | +35.7% | +247.5% |
| CAGR (3Y)Annualised 3-year return | +7.4% | +26.2% |
Risk & Volatility
Evenly matched — KRP and VNOM each lead in 1 of 2 comparable metrics.
Risk & Volatility
KRP is the less volatile stock with a 0.21 beta — it tends to amplify market swings less than VNOM's 0.38 beta. A beta below 1.0 means the stock typically moves less than the S&P 500.
| Metric | ||
|---|---|---|
| Beta (5Y)Sensitivity to S&P 500 | 0.21x | 0.38x |
| 52-Week HighHighest price in past year | $15.65 | $51.13 |
| 52-Week LowLowest price in past year | $11.31 | $35.10 |
| % of 52W HighCurrent price vs 52-week peak | +93.2% | +93.3% |
| RSI (14)Momentum oscillator 0–100 | 64.2 | 63.5 |
| Avg Volume (50D)Average daily shares traded | 815K | 2.9M |
Analyst Outlook
Insufficient data to determine a leader in this category.
Analyst Outlook
Wall Street rates KRP as "Buy" and VNOM as "Buy". Consensus price targets imply 16.5% upside for KRP (target: $17) vs 13.6% for VNOM (target: $54). VNOM is the only dividend payer here at 4.83% yield — a key consideration for income-focused portfolios.
| Metric | ||
|---|---|---|
| Analyst RatingConsensus buy/hold/sell | Buy | Buy |
| Price TargetConsensus 12-month target | $17.00 | $54.20 |
| # AnalystsCovering analysts | 18 | 42 |
| Dividend YieldAnnual dividend ÷ price | — | +4.8% |
| Dividend StreakConsecutive years of raises | 0 | 0 |
| Dividend / ShareAnnual DPS | — | $2.30 |
| Buyback YieldShare repurchases ÷ mkt cap | 0.0% | +1.1% |
KRP leads in 3 of 6 categories (Income & Cash Flow, Valuation Metrics). VNOM leads in 1 (Total Returns). 1 tied.
KRP vs VNOM: Frequently Asked Questions
10 questions · data-driven answers · updated daily
01Is KRP or VNOM a better buy right now?
For growth investors, Viper Energy, Inc.
(VNOM) is the stronger pick with 56. 6% revenue growth year-over-year, versus 7. 5% for Kimbell Royalty Partners, LP (KRP). Kimbell Royalty Partners, LP (KRP) offers the better valuation at 31. 7x trailing P/E (15. 9x 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 VNOM?
On forward P/E, Kimbell Royalty Partners, LP is actually cheaper at 15.
9x.
03Which is the better long-term investment — KRP or VNOM?
Over the past 5 years, Viper Energy, Inc.
(VNOM) delivered a total return of +214. 9%, compared to +94. 0% for Kimbell Royalty Partners, LP (KRP). Over 10 years, the gap is even starker: VNOM returned +247. 5% versus KRP's +35. 7%. 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 VNOM?
By beta (market sensitivity over 5 years), Kimbell Royalty Partners, LP (KRP) is the lower-risk stock at 0.
21β versus Viper Energy, Inc. 's 0. 38β — meaning VNOM is approximately 83% more volatile than KRP relative to the S&P 500. On balance sheet safety, Viper Energy, Inc. (VNOM) carries a lower debt/equity ratio of 21% versus 73% for Kimbell Royalty Partners, LP — giving it more financial flexibility in a downturn.
05Which is growing faster — KRP or VNOM?
By revenue growth (latest reported year), Viper Energy, Inc.
(VNOM) is pulling ahead at 56. 6% versus 7. 5% for Kimbell Royalty Partners, LP (KRP). On earnings-per-share growth, the picture is similar: Kimbell Royalty Partners, LP grew EPS 100. 6% year-over-year, compared to -112. 6% for Viper Energy, Inc.. Over a 3-year CAGR, VNOM leads at 15. 8% 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 VNOM?
Kimbell Royalty Partners, LP (KRP) is the more profitable company, earning 16.
8% net margin versus -5. 1% for Viper Energy, Inc. — meaning it keeps 16. 8% of every revenue dollar as bottom-line profit. Operating margin tells a similar story: VNOM leads at 43. 0% versus 39. 8% for KRP. 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 VNOM more undervalued right now?
On forward earnings alone, Kimbell Royalty Partners, LP (KRP) trades at 15.
9x forward P/E versus 21. 1x for Viper Energy, Inc. — 5. 2x cheaper on a one-year earnings basis. Analyst consensus price targets imply the most upside for KRP: 16. 5% to $17. 00.
08Which pays a better dividend — KRP or VNOM?
In this comparison, VNOM (4.
8% yield) pays a dividend. KRP does not pay a meaningful dividend and should not be held primarily for income.
09Is KRP or VNOM better for a retirement portfolio?
For long-horizon retirement investors, Viper Energy, Inc.
(VNOM) is the stronger choice — it scores higher on the combination of lower volatility, dividend reliability, and long-term compounding (low volatility (β 0. 38), 4. 8% yield, +247. 5% 10Y return). Both have compounded well over 10 years (VNOM: +247. 5%, KRP: +35. 7%), 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 VNOM?
Both stocks operate in the Energy sector, making this a peer-level intra-sector comparison — the same macro tailwinds and headwinds will affect both.
In terms of investment character: KRP is a small-cap quality compounder stock; VNOM is a mid-cap high-growth stock. VNOM pays a dividend while KRP does not, making them suitable for different income and tax situations. 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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