South Bow (SOBO) 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
South Bow (SOBO) has outperformed Viper Energy (VNOM) over the past year, gaining 19.0% versus a gain of 7.2%. Viper Energy is the larger company by market cap ($15.31 billion vs $7.06 billion), about 2.2 times the size. On valuation, Viper Energy trades at a lower forward P/E (16.9x vs 17.4x for South Bow).
South Bow offers the higher dividend yield (5.91% vs 5.75%). South Bow converts more of its revenue into profit, with a net margin of 21.8% 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 | SOBO | VNOM |
|---|---|---|
| Share price | $33.84 | $42.63 |
| Market cap | $7.06B | $15.31B |
| 1-day change | +1.41% | +3.80% |
| YTD return | +23.19% | +6.32% |
| 1-year return | +19.03% | +7.20% |
| 5-year return | — | +71.13% |
| P/E ratio (TTM) | 15.38 | — |
| Forward P/E | 17.43 | 16.92 |
| EPS (TTM) | $2.20 | $0.02 |
| Dividend yield | 5.91% | 5.75% |
| Annual dividend | $2.00 | $2.45 |
| Revenue (latest FY) | $1.99B | $1.40B |
| Revenue growth (YoY) | -6.32% | +62.02% |
| Net income (latest FY) | $433.00M | $-68.00M |
| Gross margin | 84.24% | — |
| Operating margin | — | -10.04% |
| Net margin | 21.80% | -4.87% |
| 52-week high | $39.02 | $51.13 |
| 52-week low | $25.02 | $35.10 |
| Distance from 52-week high | -13.27% | -16.62% |
| Analyst consensus | buy | strong_buy |
| Avg. price target upside | +4.73% | +28.90% |
| Average volume | 619.81K | 1.69M |
| Shares outstanding | 208.59M | 194.41M |
| Sector | Energy | Energy |
| Industry | Natural Gas Distribution | Oil & Gas Production |
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 is about 2.2 times larger than South Bow by market value ($15.31B vs $7.06B).
- SOBO has outperformed VNOM by 11.8 percentage points over the past year.
- South Bow is more profitable, keeping 21.8 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 -6.32%).
About South Bow
SOBO stock →South Bow Corporation operates as an energy infrastructure company. It operates through three segments: Keystone Pipeline System, Marketing, and Intra-Alberta & Other.
Energy · Natural Gas Distribution
About Viper Energy
VNOM stock →Viper Energy, Inc. owns, acquires, and exploits oil and natural gas properties in North America.
Energy · Oil & Gas Production
SOBO vs VNOM FAQ
Which is bigger, South Bow or Viper Energy?
Viper Energy (VNOM) is larger, with a market capitalization of $15.31B compared with $7.06B for South Bow (SOBO).
Which stock has performed better over the past year, SOBO or VNOM?
SOBO returned +19.03% 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, South Bow or Viper Energy?
South Bow has the higher yield at 5.91%, compared with 5.75% for Viper Energy.
Are South Bow and Viper Energy in the same industry?
Both are in the Energy sector, but in different industries: Natural Gas Distribution for South Bow and Oil & Gas Production for Viper Energy.