VNOM vs. CTRA

Last updated Apr 1, 2026

Compare and contrast key facts about Viper Energy Partners LP (VNOM) and Coterra Energy Inc. (CTRA).

Performance

VNOM vs. CTRA - Performance Comparison

The chart below illustrates the hypothetical performance of a $10,000 investment in Viper Energy Partners LP (VNOM) and Coterra Energy Inc. (CTRA). The values are adjusted to include any dividend payments, if applicable.

VNOM vs. CTRA - Yearly Performance Comparison

	2026 (YTD)	2025	2024	2023	2022	2021	2020	2019	2018	2017
VNOM Viper Energy Partners LP	23.07%	-16.58%	65.52%	4.83%	61.69%	94.24%	-50.69%	0.66%	19.60%	55.99%
CTRA Coterra Energy Inc.	34.48%	6.68%	3.38%	8.72%	39.15%	23.50%	-4.33%	-20.78%	-21.07%	23.26%

Fundamentals

Market Cap VNOM : $7.92B CTRA : $26.78B
EPS VNOM : -$0.46 CTRA : $2.26
PS Ratio VNOM : 5.16 CTRA : 9.72
PB Ratio VNOM : 1.78 CTRA : 1.56
Total Revenue (TTM) VNOM : $1.35B CTRA : $2.75B
Gross Profit (TTM) VNOM : $646.00M CTRA : $1.66B
EBITDA (TTM) VNOM : $867.00M CTRA : $4.84B

Returns By Period

In the year-to-date period, VNOM achieves a 23.07% return, which is significantly lower than CTRA's 34.48% return. Over the past 10 years, VNOM has outperformed CTRA with an annualized return of 17.82%, while CTRA has yielded a comparatively lower 7.83% annualized return.

VNOM

• 1D: 0.60%
• 1M: 2.16%
• YTD: 23.07%
• 6M: 26.34%
• 1Y: 9.90%
• 3Y*: 25.77%
• 5Y*: 33.29%
• 10Y*: 17.82%

CTRA

• 1D: -2.14%
• 1M: 15.71%
• YTD: 34.48%
• 6M: 50.94%
• 1Y: 25.76%
• 3Y*: 16.41%
• 5Y*: 18.64%
• 10Y*: 7.83%

*Multi-year figures are annualized to reflect compound growth (CAGR)

Return for Risk

VNOM vs. CTRA — Risk / Return Rank

Compare risk-adjusted metric ranks to identify better-performing investments over the past 12 months.

VNOM

VNOM Risk / Return Rank: 51
VNOM Sharpe Ratio Rank: 53
VNOM Sortino Ratio Rank: 46
VNOM Omega Ratio Rank: 46
VNOM Calmar Ratio Rank: 56
VNOM Martin Ratio Rank: 52

CTRA

CTRA Risk / Return Rank: 65
CTRA Sharpe Ratio Rank: 71
CTRA Sortino Ratio Rank: 62
CTRA Omega Ratio Rank: 62
CTRA Calmar Ratio Rank: 68
CTRA Martin Ratio Rank: 63

The rank (0–100) shows how this investment's returns compare to the risk taken. Higher = better. Based on the past 12 months of data, combining Sharpe, Sortino, and other metrics used by quantitative funds and institutional investors.

VNOM vs. CTRA - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for Viper Energy Partners LP (VNOM) and Coterra Energy Inc. (CTRA). 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.

	VNOM	CTRA	Difference
Sharpe ratio Return per unit of total volatility	0.28	0.83	-0.55
Sortino ratio Return per unit of downside risk	0.61	1.21	-0.60
Omega ratio Gain probability vs. loss probability	1.08	1.16	-0.08
Calmar ratio Return relative to maximum drawdown	0.60	1.21	-0.61
Martin ratio Return relative to average drawdown	0.94	2.18	-1.24
Data is calculated on a 1-year rolling basis and updated daily. The trend shows the change in the indicator over the past month.

VNOM vs. CTRA - Sharpe Ratio Comparison

The current VNOM Sharpe Ratio is 0.28, which is lower than the CTRA Sharpe Ratio of 0.83. The chart below compares the historical Sharpe Ratios of VNOM and CTRA, offering insights into how both investments have performed under varying market conditions. These values are calculated using daily returns over the previous 12 months.

Sharpe Ratios by Period

	VNOM	CTRA	Difference
Sharpe Ratio (1Y) Calculated over the trailing 1-year period	0.28	0.83	-0.55
Sharpe Ratio (5Y) Calculated over the trailing 5-year period	0.93	0.55	+0.38
Sharpe Ratio (10Y) Calculated over the trailing 10-year period	0.39	0.22	+0.17
Sharpe Ratio (All Time) Calculated using the full available price history	0.21	0.27	-0.07

Correlation

The correlation between VNOM and CTRA is 0.41, which is considered to be moderate. This suggests that the two assets have some degree of positive relationship in their price movements. Moderate correlation can be acceptable for portfolio diversification, offering a balance between risk and potential returns.

Dividends

VNOM vs. CTRA - Dividend Comparison

VNOM's dividend yield for the trailing twelve months is around 4.68%, more than CTRA's 2.50% yield.

	TTM	2025	2024	2023	2022	2021	2020	2019	2018	2017	2016	2015
VNOM Viper Energy Partners LP	4.68%	6.03%	4.89%	5.58%	7.68%	5.16%	5.85%	7.38%	8.14%	5.27%	4.83%	6.16%
CTRA Coterra Energy Inc.	2.50%	3.34%	3.29%	4.58%	8.47%	5.89%	2.46%	2.01%	1.12%	0.59%	0.34%	0.45%

Drawdowns

VNOM vs. CTRA - Drawdown Comparison

The maximum VNOM drawdown since its inception was -86.96%, which is greater than CTRA's maximum drawdown of -74.41%. Use the drawdown chart below to compare losses from any high point for VNOM and CTRA.

Drawdown Indicators

	VNOM	CTRA	Difference
Max Drawdown Largest peak-to-trough decline	-86.96%	-74.41%	-12.55%
Max Drawdown (1Y) Largest decline over 1 year	-20.55%	-22.26%	+1.71%
Max Drawdown (5Y) Largest decline over 5 years	-34.46%	-33.25%	-1.21%
Max Drawdown (10Y) Largest decline over 10 years	-86.96%	-52.56%	-34.40%
Current Drawdown Current decline from peak	-10.91%	-3.22%	-7.69%
Average Drawdown Average peak-to-trough decline	-32.01%	-27.01%	-5.00%
Ulcer Index Depth and duration of drawdowns from previous peaks	13.03%	12.35%	+0.68%

Volatility

VNOM vs. CTRA - Volatility Comparison

Viper Energy Partners LP (VNOM) has a higher volatility of 8.97% compared to Coterra Energy Inc. (CTRA) at 7.90%. This indicates that VNOM's price experiences larger fluctuations and is considered to be riskier than CTRA based on this measure. The chart below showcases a comparison of their rolling one-month volatility.

Volatility by Period

	VNOM	CTRA	Difference
Volatility (1M) Calculated over the trailing 1-month period	8.97%	7.90%	+1.07%
Volatility (6M) Calculated over the trailing 6-month period	19.41%	20.87%	-1.46%
Volatility (1Y) Calculated over the trailing 1-year period	35.11%	31.09%	+4.02%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	36.24%	34.18%	+2.06%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	45.33%	35.50%	+9.83%

Financials

VNOM vs. CTRA - Profitability Comparison

The chart below illustrates the profitability comparison between Viper Energy Partners LP and Coterra Energy Inc. over time, highlighting three key metrics: Gross Profit Margin, Operating Margin, and Net Profit Margin.

VNOM - Gross Margin

Gross margin is calculated as gross profit divided by revenue. For the three months ending on Apr 2026, Viper Energy Partners LP reported a gross profit of 159.00M and revenue of 422.00M. Therefore, the gross margin over that period was 37.7%.

CTRA - Gross Margin

Gross margin is calculated as gross profit divided by revenue. For the three months ending on Apr 2026, Coterra Energy Inc. reported a gross profit of -446.00M and revenue of -2.82B. Therefore, the gross margin over that period was 15.8%.

VNOM - Operating Margin

Operating margin is calculated as operating income divided by revenue. For the three months ending on Apr 2026, Viper Energy Partners LP reported an operating income of 141.00M and revenue of 422.00M, resulting in an operating margin of 33.4%.

CTRA - Operating Margin

Operating margin is calculated as operating income divided by revenue. For the three months ending on Apr 2026, Coterra Energy Inc. reported an operating income of 695.00M and revenue of -2.82B, resulting in an operating margin of -24.7%.

VNOM - Net Margin

Net margin is calculated as net income divided by revenue. For the three months ending on Apr 2026, Viper Energy Partners LP reported a net income of -103.00M and revenue of 422.00M, resulting in a net margin of -24.4%.

CTRA - Net Margin

Net margin is calculated as net income divided by revenue. For the three months ending on Apr 2026, Coterra Energy Inc. reported a net income of 368.00M and revenue of -2.82B, resulting in a net margin of -13.1%.