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Viper Energy vs Talos Energy: VNOM and TALO compared
Viper Energy is the larger company: $661M of revenue in its latest quarter (Q3 2026) against $596M for Talos Energy (Q3 2026). Viper Energy is growing faster (+58% against +32% a year earlier). Viper Energy is more profitable, with an operating margin of 60.4% against 26.3%.
Where the money goes: VNOM and TALO
Viper Energy (VNOM) · Q3 2026
Viper Energy, Q3 2026: revenue $661M (+58% year over year), operating margin 60.4%, net earnings $140M, operating cash flow $447M. The chart follows the revenue to costs, profit and cash.
Talos Energy (TALO) · Q3 2026
Talos Energy, Q3 2026: revenue $596M (+32% year over year), operating margin 26.3%, net loss $81.1M, operating cash flow $326M. The chart follows the revenue to costs, profit and cash.
| Viper Energy (VNOM) | Talos Energy (TALO) | |
|---|---|---|
| Latest quarter | Q3 2026 | Q3 2026 |
| Revenue | $661M | $596M |
| Revenue growth, Y/Y | +58% | +32% |
| Operating margin | 60.4% | 26.3% |
| Net earnings | $140M | −$81.1M |
| Net margin | 21.2% | -13.6% |
| Operating cash flow | $447M | $326M |
| Free cash flow | — | $185M |
| Market value | $7.9B | $2.5B |
| P/E | 36.3× | — |
| Analysts’ mean target | $55.63 | $21.62 |
Where the revenue comes from
Viper Energy
- Oil income: $557M (84%)
- Natural gas liquids income: $80.0M (12%)
- Natural gas income: $19.0M (3%)
- Other revenues: $5.0M (1%)
Talos Energy
- Oil and Condensate: $550M (92%)
- Natural Gas Production: $32.1M (5%)
- Natural Gas Liquids Reserves: $14.1M (2%)
Questions
Which is bigger, Viper Energy or Talos Energy?
Viper Energy is the larger company: $661M of revenue in its latest quarter (Q3 2026) against $596M for Talos Energy (Q3 2026).
Is Viper Energy or Talos Energy growing faster?
Viper Energy is growing faster (+58% against +32% a year earlier).
Which is more profitable, Viper Energy or Talos Energy?
Viper Energy is more profitable, with an operating margin of 60.4% against 26.3%.
More: Viper Energy earnings · how Viper Energy makes money · Talos Energy earnings · how Talos Energy makes money
From the companies' latest 10-Q, 10-K or earnings release (10-Q filed Nov 4, 2026; 10-Q filed Nov 4, 2026). Fiscal quarters can end on different dates. Not investment advice.