DVN vs. FANG, EQT, MRO, RRC, SWN, PXD, EOG, CVE, CTRA, and WDS
Should you be buying Devon Energy stock or one of its competitors? The main competitors of Devon Energy include Diamondback Energy (FANG), EQT (EQT), Marathon Oil (MRO), Range Resources (RRC), Southwestern Energy (SWN), Pioneer Natural Resources (PXD), EOG Resources (EOG), Cenovus Energy (CVE), Coterra Energy (CTRA), and Woodside Energy Group (WDS). These companies are all part of the "crude petroleum & natural gas" industry.
Diamondback Energy (NASDAQ:FANG) and Devon Energy (NYSE:DVN) are both large-cap oils/energy companies, but which is the better stock? We will contrast the two companies based on the strength of their media sentiment, institutional ownership, analyst recommendations, risk, profitability, valuation, earnings, community ranking and dividends.
Diamondback Energy currently has a consensus price target of $205.95, suggesting a potential upside of 4.51%. Devon Energy has a consensus price target of $58.83, suggesting a potential upside of 20.29%. Given Diamondback Energy's stronger consensus rating and higher probable upside, analysts plainly believe Devon Energy is more favorable than Diamondback Energy.
Diamondback Energy has a net margin of 36.71% compared to Diamondback Energy's net margin of 22.27%. Diamondback Energy's return on equity of 29.02% beat Devon Energy's return on equity.
Diamondback Energy has a beta of 1.91, suggesting that its stock price is 91% more volatile than the S&P 500. Comparatively, Devon Energy has a beta of 2.16, suggesting that its stock price is 116% more volatile than the S&P 500.
In the previous week, Diamondback Energy had 11 more articles in the media than Devon Energy. MarketBeat recorded 21 mentions for Diamondback Energy and 10 mentions for Devon Energy. Diamondback Energy's average media sentiment score of 1.28 beat Devon Energy's score of 1.16 indicating that Devon Energy is being referred to more favorably in the news media.
Diamondback Energy pays an annual dividend of $3.60 per share and has a dividend yield of 1.8%. Devon Energy pays an annual dividend of $0.88 per share and has a dividend yield of 1.8%. Diamondback Energy pays out 20.3% of its earnings in the form of a dividend. Devon Energy pays out 16.8% 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. Diamondback Energy has raised its dividend for 6 consecutive years. Diamondback Energy is clearly the better dividend stock, given its higher yield and longer track record of dividend growth.
Diamondback Energy received 6 more outperform votes than Devon Energy when rated by MarketBeat users. Likewise, 78.13% of users gave Diamondback Energy an outperform vote while only 71.50% of users gave Devon Energy an outperform vote.
90.0% of Diamondback Energy shares are owned by institutional investors. Comparatively, 69.7% of Devon Energy shares are owned by institutional investors. 0.5% of Diamondback Energy shares are owned by company insiders. Comparatively, 0.7% of Devon Energy shares are owned by company insiders. Strong institutional ownership is an indication that hedge funds, large money managers and endowments believe a company is poised for long-term growth.
Devon Energy has higher revenue and earnings than Diamondback Energy. Devon Energy is trading at a lower price-to-earnings ratio than Diamondback Energy, indicating that it is currently the more affordable of the two stocks.
Summary
Diamondback Energy beats Devon Energy on 11 of the 21 factors compared between the two stocks.
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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.
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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