TGS vs. VNOM
TGS (Transportadora de Gas del Sur S.A.) and VNOM (Viper Energy Partners LP) are both stocks. Both operate in the Oil & Gas Midstream industry within the Energy sector. Over the past 10 years, TGS returned 19.37%/yr vs 15.96%/yr for VNOM. At a 0.23 correlation, their price movements are largely independent.
Performance
TGS vs. VNOM - Performance Comparison
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Returns By Period
In the year-to-date period, TGS achieves a 1.35% return, which is significantly lower than VNOM's 15.72% return. Over the past 10 years, TGS has outperformed VNOM with an annualized return of 19.37%, while VNOM has yielded a comparatively lower 15.96% annualized return.
TGS
- 1D
- -0.28%
- 1M
- 8.39%
- YTD
- 1.35%
- 6M
- 1.48%
- 1Y
- 15.08%
- 3Y*
- 33.68%
- 5Y*
- 43.49%
- 10Y*
- 19.37%
VNOM
- 1D
- 0.81%
- 1M
- -7.10%
- YTD
- 15.72%
- 6M
- 16.23%
- 1Y
- 13.04%
- 3Y*
- 27.43%
- 5Y*
- 25.10%
- 10Y*
- 15.96%
TGS vs. VNOM - Yearly Performance Comparison
| 2026 (YTD) | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | |
|---|---|---|---|---|---|---|---|---|---|---|
TGS Transportadora de Gas del Sur S.A. | 1.35% | 6.22% | 93.97% | 27.88% | 165.77% | -14.62% | -27.48% | -45.44% | -28.91% | 146.45% |
VNOM Viper Energy Partners LP | 15.72% | -16.58% | 65.52% | 4.83% | 61.69% | 94.24% | -50.69% | 0.66% | 19.60% | 55.99% |
Correlation
The correlation between TGS and VNOM is 0.23, which is low. Their price movements are largely independent, making them effective diversification partners.
| Correlation | |
|---|---|
Correlation (1Y) Calculated over the trailing 1-year period | 0.23 |
Correlation (3Y) Calculated over the trailing 3-year period | 0.21 |
Correlation (5Y) Calculated over the trailing 5-year period | 0.30 |
Correlation (10Y) Calculated over the trailing 10-year period | 0.26 |
Correlation (All Time) Calculated using the full available price history since Jun 18, 2014 | 0.23 |
Fundamentals
TGS:
$4.74B
VNOM:
$7.90B
TGS:
ARS 3.05K
VNOM:
-$0.29
TGS:
3.82
VNOM:
4.26
TGS:
1.94
VNOM:
1.54
TGS:
ARS 1.82T
VNOM:
$1.60B
TGS:
ARS 985.40B
VNOM:
$740.00M
TGS:
ARS 1.03T
VNOM:
$1.04B
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Return for Risk
TGS vs. VNOM — Risk / Return Rank
TGS
VNOM
TGS vs. VNOM - Risk-Adjusted Trends Comparison
This table presents a comparison of risk-adjusted performance metrics for Transportadora de Gas del Sur S.A. (TGS) and Viper Energy Partners LP (VNOM). Risk-adjusted metrics are performance indicators that assess an investment's returns in relation to its risk, enabling a more accurate comparison of different investment options.
Values are calculated on a 1-year rolling basis and updated daily. Risk-adjusted metrics are more stable over longer periods — use the period switch above to explore them.
| TGS | VNOM | Difference | |
|---|---|---|---|
| Sharpe ratioReturn per unit of total volatility | -0.20 | ||
| Sortino ratioReturn per unit of downside risk | +0.10 | ||
| Omega ratioGain probability vs. loss probability | 1.11 | 1.10 | +0.02 |
| Calmar ratioReturn relative to maximum drawdown | 0.46 | 0.94 | -0.48 |
| Martin ratioReturn relative to average drawdown | 1.16 | 2.29 | -1.13 |
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Drawdowns
TGS vs. VNOM - Drawdown Comparison
The maximum TGS drawdown since its inception was -95.49%, which is greater than VNOM's maximum drawdown of -86.96%. Use the drawdown chart below to compare losses from any high point for TGS and VNOM.
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Drawdown Indicators
| TGS | VNOM | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -95.49% | -86.96% | -8.53% |
Max Drawdown (1Y)Largest decline over 1 year | -32.96% | -13.98% | -18.98% |
Max Drawdown (3Y)Largest decline over 3 years | -39.49% | -34.46% | -5.03% |
Max Drawdown (5Y)Largest decline over 5 years | -39.49% | -34.46% | -5.03% |
Max Drawdown (10Y)Largest decline over 10 years | -80.55% | -86.96% | +6.41% |
Current DrawdownCurrent decline from peak | -10.79% | -16.24% | +5.45% |
Average DrawdownAverage peak-to-trough decline | -47.01% | -31.62% | -15.39% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 13.03% | 6.34% | +6.69% |
Volatility
TGS vs. VNOM - Volatility Comparison
Transportadora de Gas del Sur S.A. (TGS) has a higher volatility of 12.95% compared to Viper Energy Partners LP (VNOM) at 6.35%. This indicates that TGS's price experiences larger fluctuations and is considered to be riskier than VNOM based on this measure. The chart below showcases a comparison of their rolling one-month volatility.
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Volatility by Period
| TGS | VNOM | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | 12.95% | 6.35% | +6.60% |
Volatility (6M)Calculated over the trailing 6-month period | 27.30% | 19.82% | +7.48% |
Volatility (1Y)Calculated over the trailing 1-year period | 60.85% | 29.03% | +31.82% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 55.49% | 35.76% | +19.73% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 54.44% | 45.20% | +9.24% |
Dividends
TGS vs. VNOM - Dividend Comparison
TGS has not paid dividends to shareholders, while VNOM's dividend yield for the trailing twelve months is around 5.30%.
| Position | TTM | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
TGS Transportadora de Gas del Sur S.A. | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 14.46% | 5.04% | 0.00% | 0.34% | 0.00% |
VNOM Viper Energy Partners LP | 5.30% | 6.03% | 4.89% | 5.58% | 7.68% | 5.16% | 5.85% | 7.38% | 8.14% | 5.27% | 4.83% | 6.16% |
Financials
TGS vs. VNOM - Financials Comparison
This section allows you to compare key financial metrics between Transportadora de Gas del Sur S.A. and Viper Energy Partners LP. You can select fields from income statements, balance sheets, and cash flow statements to easily visualize and compare the financial health of both companies.
Total Revenue: Total amount of money received from sales and other business activities
TGS vs. VNOM - Profitability Comparison
TGS - Gross Margin
Gross margin is calculated as gross profit divided by revenue. For the three months ending on Jun 2026, Transportadora de Gas del Sur S.A. reported a gross profit of 282.03B and revenue of 484.20B. Therefore, the gross margin over that period was 58.3%.
VNOM - Gross Margin
Gross margin is calculated as gross profit divided by revenue. For the three months ending on Jun 2026, Viper Energy Partners LP reported a gross profit of 255.00M and revenue of 496.00M. Therefore, the gross margin over that period was 51.4%.
TGS - Operating Margin
Operating margin is calculated as operating income divided by revenue. For the three months ending on Jun 2026, Transportadora de Gas del Sur S.A. reported an operating income of 249.34B and revenue of 484.20B, resulting in an operating margin of 51.5%.
VNOM - Operating Margin
Operating margin is calculated as operating income divided by revenue. For the three months ending on Jun 2026, Viper Energy Partners LP reported an operating income of 238.00M and revenue of 496.00M, resulting in an operating margin of 48.0%.
TGS - Net Margin
Net margin is calculated as net income divided by revenue. For the three months ending on Jun 2026, Transportadora de Gas del Sur S.A. reported a net income of 159.98B and revenue of 484.20B, resulting in a net margin of 33.0%.
VNOM - Net Margin
Net margin is calculated as net income divided by revenue. For the three months ending on Jun 2026, Viper Energy Partners LP reported a net income of 97.00M and revenue of 496.00M, resulting in a net margin of 19.6%.
Frequently Asked Questions
TGS and VNOM have a correlation of 0.23, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.
TGS has higher volatility (12.95%) compared to VNOM (6.35%). In terms of maximum drawdown, TGS dropped -95.49% vs VNOM's -86.96%.
VNOM currently has the higher Sharpe Ratio (0.45 vs 0.25), meaning it's delivered slightly more return per unit of risk over the trailing 12 months. However, this ranking shifts over time - use the Risk/Return Score above for a more comprehensive view that combines Sharpe, Sortino, and other measures used by quantitative funds.
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