Antero Midstream (AM) vs Viper Energy (VNOM)
Head-to-head comparison of performance, valuation, growth, profitability and dividends. Prices delayed 15 minutes; data as of Oct 8, 2026.
Summary
Antero Midstream (AM) has outperformed Viper Energy (VNOM) over the past year, gaining 9.0% versus a gain of 7.2%. Over five years, AM leads with a +83.7% price change compared with +71.1% for VNOM. Viper Energy is the larger company by market cap ($14.75 billion vs $9.90 billion), about 1.5 times the size.
On valuation, Antero Midstream trades at a lower forward P/E (12.9x vs 16.3x for Viper Energy). Viper Energy offers the higher dividend yield (5.97% vs 4.32%). Antero Midstream converts more of its revenue into profit, with a net margin of 34.8% versus -4.9%.
Summary generated from market data by MetaCap's automated system. Methodology
Relative performance
Percent change in share price from the first common trading day shown; excludes dividends.
Head-to-head
| Metric | AM | VNOM |
|---|---|---|
| Share price | $20.85 | $41.07 |
| Market cap | $9.90B | $14.75B |
| 1-day change | -1.37% | -1.25% |
| YTD return | +17.20% | +6.32% |
| 1-year return | +8.99% | +7.20% |
| 5-year return | +83.70% | +71.13% |
| P/E ratio (TTM) | 25.12 | — |
| Forward P/E | 12.94 | 16.30 |
| EPS (TTM) | $0.83 | $0.02 |
| Dividend yield | 4.32% | 5.97% |
| Annual dividend | $0.90 | $2.45 |
| Revenue (latest FY) | $1.19B | $1.40B |
| Revenue growth (YoY) | +7.43% | +62.02% |
| Net income (latest FY) | $413.16M | $-68.00M |
| Operating margin | 54.25% | -10.04% |
| Net margin | 34.77% | -4.87% |
| 52-week high | $23.84 | $51.13 |
| 52-week low | $16.96 | $35.10 |
| Distance from 52-week high | -12.52% | -19.68% |
| Analyst consensus | none | strong_buy |
| Avg. price target upside | +15.11% | +33.80% |
| Average volume | 2.36M | 1.68M |
| Shares outstanding | 474.67M | 194.41M |
| Employees | 632 | — |
| Sector | Energy | Energy |
| Industry | Oil & Gas Midstream | Oil & Gas Midstream |
Highlighted cells mark the higher value for growth, returns, margins and yield, and the lower value for P/E ratios. Highlighting is a mechanical comparison, not a recommendation.
Key differences
- Viper Energy offers a meaningfully higher dividend yield (5.97% vs 4.32%).
- Antero Midstream is more profitable, keeping 34.8 cents of every revenue dollar as net income versus -4.9 cents for Viper Energy.
- Viper Energy grew revenue faster in its latest fiscal year (+62.02% vs +7.43%).
About Antero Midstream
AM stock →Antero Midstream Corporation owns, operates, and develops midstream energy assets in the Appalachian Basin. It operates in two segments, Gathering and Processing, and Water Handling.
Energy · Oil & Gas Midstream · 632 employees
About Viper Energy
VNOM stock →Viper Energy, Inc. owns, acquires, and exploits oil and natural gas properties in North America.
Energy · Oil & Gas Midstream
AM vs VNOM FAQ
Which is bigger, Antero Midstream or Viper Energy?
Viper Energy (VNOM) is larger, with a market capitalization of $14.75B compared with $9.90B for Antero Midstream (AM).
Which stock has performed better over the past year, AM or VNOM?
AM returned +8.99% over the past 12 months, compared with +7.20% for VNOM (price return, excluding dividends). Past performance does not predict future results.
Which pays a higher dividend, Antero Midstream or Viper Energy?
Viper Energy has the higher yield at 5.97%, compared with 4.32% for Antero Midstream.
Are Antero Midstream and Viper Energy in the same industry?
Yes. Both are classified in the Oil & Gas Midstream industry within the Energy sector.