Cheniere Energy Partners, L.P. (CQP) vs Viper Energy Inc. (VNOM)

Cheniere Energy Partners, L.P. and Viper Energy Inc. are both Oil & Gas Midstream companies. Cheniere Energy Partners, L.P. is the larger, with a market value of $27.7B against $14.4B — 1.9× the size. Cheniere Energy Partners, L.P. trades at the lower P/E: 9.3× against 18.1×. Viper Energy Inc. grew revenue faster over the last twelve months: 92.1% against 13.2%. Cheniere Energy Partners, L.P. has the higher net margin (23.9% vs 12.1%) and the higher return on invested capital (17.0% vs 4.01%). Both pay a dividend; Viper Energy Inc. yields more (6.14% vs 4.04%). Across the 23 metrics below, Cheniere Energy Partners, L.P. leads on 15 and Viper Energy Inc. on 8.

Valuation

Metric CQP VNOM Oil & Gas Midstream median
P/E 9.25 18.10 11.68
P/S 2.39 3.39 2.39
P/B 31.71 0.74 1.68
Price to free cash flow 9.65 74.48 8.52
EV/EBITDA 8.86 9.84 9.03
EV/Sales 3.57 4.60 3.43
Earnings yield 10.81% 5.53% 7.78%
Free cash flow yield 10.36% 1.34% 7.11%

Profitability

Metric CQP VNOM Oil & Gas Midstream median
Gross margin 41.11% 100.00% 54.87%
Operating margin 34.16% 36.16% 34.73%
Net margin 23.91% 12.08% 20.12%
Free cash flow margin 24.75% 4.55% 14.43%
Return on equity 1,050.85% 2.58% 11.73%
Return on assets 16.09% 2.07% 4.43%
Return on invested capital 16.98% 4.01% 6.10%

Growth

Metric CQP VNOM Oil & Gas Midstream median
Revenue growth (TTM) 13.18% 92.09% 14.88%
EPS growth (last fiscal year) 21.65% (112.57%) (7.78%)
Revenue growth, 5-year CAGR 11.77% 40.96% 10.05%
Net income growth, 5-year CAGR 22.04% 0.00% 0.00%

Health

Metric CQP VNOM Oil & Gas Midstream median
Debt to equity 16.38 0.23 0.77
Current ratio 1.19 5.92 1.19
Net debt to EBITDA 3.23 4.65 3.46

Dividend

Metric CQP VNOM Oil & Gas Midstream median
Dividend yield 4.04% 6.14% 4.94%
Payout ratio 0.37 1.12 0.73

Size

Metric CQP VNOM Oil & Gas Midstream median
Market cap 27.70b 14.36b 3.56b

Compare with another peer

Any metric, up to five companies and an Excel export Powerpack