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Devon Energy (DVN) Competitors

$46.80
+0.04 (+0.09%)
(As of 06/7/2024 ET)

DVN vs. EOG, PXD, FANG, EQT, MRO, RRC, SWN, MTDR, SM, and CRK

Should you be buying Devon Energy stock or one of its competitors? The main competitors of Devon Energy include EOG Resources (EOG), Pioneer Natural Resources (PXD), Diamondback Energy (FANG), EQT (EQT), Marathon Oil (MRO), Range Resources (RRC), Southwestern Energy (SWN), Matador Resources (MTDR), SM Energy (SM), and Comstock Resources (CRK). These companies are all part of the "oil & gas exploration & production" industry.

Devon Energy vs.

Devon Energy (NYSE:DVN) and EOG Resources (NYSE:EOG) are both large-cap oils/energy companies, but which is the better investment? We will compare the two businesses based on the strength of their dividends, valuation, institutional ownership, earnings, analyst recommendations, community ranking, risk, media sentiment and profitability.

Devon Energy pays an annual dividend of $0.88 per share and has a dividend yield of 1.9%. EOG Resources pays an annual dividend of $3.64 per share and has a dividend yield of 3.0%. Devon Energy pays out 16.8% of its earnings in the form of a dividend. EOG Resources pays out 28.8% of its earnings in the form of a dividend. Both companies have healthy payout ratios and should be able to cover their dividend payments with earnings for the next several years.

EOG Resources has higher revenue and earnings than Devon Energy. Devon Energy is trading at a lower price-to-earnings ratio than EOG Resources, indicating that it is currently the more affordable of the two stocks.

CompanyGross RevenuePrice/Sales RatioNet IncomeEarnings Per SharePrice/Earnings Ratio
Devon Energy$15.26B1.93$3.75B$5.248.89
EOG Resources$24.19B2.88$7.59B$12.669.57

Devon Energy presently has a consensus target price of $58.83, suggesting a potential upside of 25.93%. EOG Resources has a consensus target price of $142.09, suggesting a potential upside of 16.70%. Given Devon Energy's stronger consensus rating and higher possible upside, analysts plainly believe Devon Energy is more favorable than EOG Resources.

Company Sell Ratings Hold Ratings Buy Ratings Strong Buy Ratings Rating Score
Devon Energy
0 Sell rating(s)
4 Hold rating(s)
13 Buy rating(s)
0 Strong Buy rating(s)
2.76
EOG Resources
0 Sell rating(s)
15 Hold rating(s)
7 Buy rating(s)
1 Strong Buy rating(s)
2.39

69.7% of Devon Energy shares are held by institutional investors. Comparatively, 89.9% of EOG Resources shares are held by institutional investors. 0.7% of Devon Energy shares are held by company insiders. Comparatively, 0.3% of EOG Resources shares are held by company insiders. Strong institutional ownership is an indication that large money managers, endowments and hedge funds believe a stock will outperform the market over the long term.

Devon Energy has a beta of 2.08, meaning that its stock price is 108% more volatile than the S&P 500. Comparatively, EOG Resources has a beta of 1.32, meaning that its stock price is 32% more volatile than the S&P 500.

In the previous week, EOG Resources had 2 more articles in the media than Devon Energy. MarketBeat recorded 13 mentions for EOG Resources and 11 mentions for Devon Energy. EOG Resources' average media sentiment score of 1.38 beat Devon Energy's score of 1.03 indicating that EOG Resources is being referred to more favorably in the news media.

Company Very Positive Positive Neutral Negative Very Negative Overall Sentiment
Devon Energy
8 Very Positive mention(s)
0 Positive mention(s)
2 Neutral mention(s)
1 Negative mention(s)
0 Very Negative mention(s)
Positive
EOG Resources
8 Very Positive mention(s)
1 Positive mention(s)
1 Neutral mention(s)
0 Negative mention(s)
0 Very Negative mention(s)
Positive

EOG Resources received 129 more outperform votes than Devon Energy when rated by MarketBeat users. Likewise, 72.25% of users gave EOG Resources an outperform vote while only 71.50% of users gave Devon Energy an outperform vote.

CompanyUnderperformOutperform
Devon EnergyOutperform Votes
1337
71.50%
Underperform Votes
533
28.50%
EOG ResourcesOutperform Votes
1466
72.25%
Underperform Votes
563
27.75%

EOG Resources has a net margin of 30.33% compared to Devon Energy's net margin of 22.27%. Devon Energy's return on equity of 29.02% beat EOG Resources' return on equity.

Company Net Margins Return on Equity Return on Assets
Devon Energy22.27% 29.02% 14.20%
EOG Resources 30.33%24.83%15.82%

Summary

EOG Resources beats Devon Energy on 14 of the 21 factors compared between the two stocks.

New MarketBeat Followers Over Time

This chart shows the number of new MarketBeat users adding DVN and its top 5 competitors to their watchlist. Each company is represented with a line over a 90 day period.
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Media Sentiment Over Time

This chart shows the average media sentiment of NYSE and its competitors over the past 90 days as caculated by MarketBeat. The averaged score is equivalent to the following: Very Negative Sentiment <= -1.5, Negative Sentiment > -1.5 and <= -0.5, Neutral Sentiment > -0.5 and < 0.5, Positive Sentiment >= 0.5 and < 1.5, and Very Positive Sentiment >= 1.5.
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DVN vs. The Competition

MetricDevon EnergyCrude petroleum & natural gas IndustryEnergy SectorNYSE Exchange
Market Cap$29.45B$8.70B$7.84B$17.71B
Dividend Yield1.89%17.25%11.56%3.53%
P/E Ratio8.8914.3311.2023.47
Price / Sales1.934.42115.9613.98
Price / Cash4.816.7510.6619.68
Price / Book2.441.843.394.99
Net Income$3.75B$1.26B$974.48M$975.61M
7 Day Performance-5.03%-3.39%-3.02%-1.52%
1 Month Performance-8.59%-2.00%-0.08%-0.36%
1 Year Performance-6.89%4.44%1.64%8.90%

Devon Energy Competitors List

CompanyMarketRankShare PriceAnalysts' Price Target1Y Price PerformanceMarket CapRevenueP/E RatioEmployee CountIndicator(s)
EOG
EOG Resources
4.4153 of 5 stars
$119.80
+0.1%
$142.09
+18.6%
+7.4%$68.85B$24.19B9.463,050Analyst Revision
Positive News
PXD
Pioneer Natural Resources
0.8316 of 5 stars
$269.62
flat
$264.10
-2.0%
N/A$63.00B$19.36B13.322,213
FANG
Diamondback Energy
4.2409 of 5 stars
$189.22
-0.8%
$205.95
+8.8%
+45.9%$33.75B$8.41B10.671,023Analyst Upgrade
Positive News
EQT
EQT
4.0838 of 5 stars
$40.62
-0.9%
$45.24
+11.4%
+8.9%$17.94B$6.91B29.43881Analyst Forecast
Positive News
MRO
Marathon Oil
4.6591 of 5 stars
$27.90
-1.8%
$32.81
+17.6%
+20.3%$15.74B$6.70B11.531,681Analyst Downgrade
RRC
Range Resources
4.084 of 5 stars
$35.69
-3.1%
$37.10
+4.0%
+32.1%$8.66B$3.37B18.12548Dividend Announcement
Positive News
SWN
Southwestern Energy
3.7923 of 5 stars
$7.24
-3.6%
$8.25
+14.0%
+40.8%$8.28B$5.82B-4.161,165Analyst Forecast
Positive News
MTDR
Matador Resources
4.5977 of 5 stars
$57.85
-2.3%
$74.80
+29.3%
+19.6%$7.22B$2.81B7.92395
SM
SM Energy
4.1488 of 5 stars
$46.51
-2.1%
$54.57
+17.3%
+68.1%$5.35B$2.37B7.29544Analyst Downgrade
Positive News
CRK
Comstock Resources
0.9764 of 5 stars
$11.43
-2.6%
$10.25
-10.3%
+19.5%$3.34B$1.57B51.96251

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This page (NYSE:DVN) was last updated on 6/7/2024 by MarketBeat.com Staff

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