Seasonality
VNOM seasonality — Viper Energy
Over the last 11 years, VNOM's strongest month on average has been April (+6.9%) and its weakest March (-5.3%).
Average return by month
Month-by-month statistics
| Month | Avg | Median | Up % | Best | Worst | Yrs |
|---|---|---|---|---|---|---|
| Jan | +6.66% | +3.37% | 60% | +26.9% | -11.6% | 10 |
| Feb | +2.50% | +5.86% | 60% | +15.8% | -18.2% | 10 |
| Mar | -5.32% | +0.65% | 60% | +12.3% | -62.8% | 10 |
| Apr | +6.86% | +3.24% | 60% | +40.0% | -10.7% | 10 |
| May | +0.57% | +0.26% | 60% | +16.8% | -16.7% | 10 |
| Jun | -2.61% | -2.24% | 30% | +10.1% | -20.5% | 10 |
| Jul | +4.26% | +2.88% | 70% | +15.2% | -4.3% | 10 |
| Aug | +3.18% | +1.49% | 60% | +21.7% | -10.2% | 10 |
| Sep | -2.03% | -4.28% | 40% | +18.0% | -26.1% | 10 |
| Oct | +2.31% | +1.53% | 60% | +19.5% | -14.6% | 10 |
| Nov | +6.16% | -0.96% | 44% | +59.8% | -16.5% | 9 |
| Dec | +0.09% | +1.86% | 60% | +11.2% | -13.3% | 10 |
Monthly returns heat map — VNOM
price return, %| Year | Jan | Feb | Mar | Apr | May | Jun | Jul | Aug | Sep | Oct | Nov | Dec | Year |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| 2026 | 9.6 | 9.9 | 1.0 | 5.1 | -7.9 | -6.8 | 5.2 | 0.4 | -10.9 | 19.5 | -14.8 | +5.2% | |
| 2025 | -4.4 | -0.7 | -3.0 | -10.7 | -1.6 | -3.9 | -1.2 | 5.8 | -4.1 | -1.7 | -2.7 | 5.8 | -21.3% |
| 2024 | -0.5 | 15.8 | 6.4 | -0.8 | 0.8 | -2.4 | 13.7 | 11.6 | -5.2 | 15.1 | 4.3 | -9.3 | +56.4% |
| 2023 | -0.1 | -9.8 | -2.2 | 5.1 | -12.4 | 4.1 | 1.1 | 2.6 | 0.2 | 2.1 | 8.2 | 1.8 | -1.3% |
| 2022 | 26.9 | 8.8 | 0.5 | -2.8 | 16.8 | -20.5 | 15.2 | -0.7 | -6.1 | 16.4 | -1.0 | -3.8 | +49.2% |
| 2021 | 18.2 | 14.1 | -7.1 | 23.7 | 0.1 | 4.4 | -4.3 | 2.8 | 18.0 | 0.9 | -2.2 | -1.2 | +83.4% |
| 2020 | -11.6 | -18.2 | -62.8 | 40.0 | 13.0 | -1.2 | -0.2 | -1.6 | -26.1 | -6.8 | 59.8 | 3.8 | -52.9% |
| 2019 | 21.8 | 3.8 | 0.8 | 1.4 | -16.7 | 10.1 | 4.7 | -10.2 | -4.5 | -13.0 | -1.4 | 4.0 | -5.3% |
| 2018 | 3.7 | -6.5 | 12.3 | 13.3 | 13.1 | -2.1 | 0.2 | 21.7 | 8.2 | -14.6 | -16.5 | -13.3 | +11.6% |
| 2017 | 3.1 | 7.9 | 1.0 | -5.7 | 0.4 | -7.8 | 8.3 | -0.6 | 10.3 | 5.2 | 7.0 | 11.2 | +45.8% |
| 2016 | 1.9 |