FANG vs. DVN, EQT, MRO, PXD, EOG, CVE, CTRA, E, OVV, and OXY
Should you be buying Diamondback Energy stock or one of its competitors? The main competitors of Diamondback Energy include Devon Energy (DVN), EQT (EQT), Marathon Oil (MRO), Pioneer Natural Resources (PXD), EOG Resources (EOG), Cenovus Energy (CVE), Coterra Energy (CTRA), ENI (E), Ovintiv (OVV), and Occidental Petroleum (OXY). 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 business? We will contrast the two businesses based on the strength of their dividends, risk, profitability, institutional ownership, media sentiment, valuation, community ranking, earnings and analyst recommendations.
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 1.7%. 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.
90.0% of Diamondback Energy shares are owned by institutional investors. Comparatively, 69.7% of Devon Energy shares are owned by institutional investors. 0.4% of Diamondback Energy shares are owned by insiders. Comparatively, 0.6% of Devon Energy shares are owned by insiders. Strong institutional ownership is an indication that endowments, large money managers and hedge funds believe a company is poised for long-term growth.
Diamondback Energy currently has a consensus price target of $205.68, indicating a potential upside of 0.98%. Devon Energy has a consensus price target of $58.44, indicating a potential upside of 14.64%. Given Devon Energy's stronger consensus rating and higher probable upside, analysts plainly believe Devon Energy is more favorable than Diamondback Energy.
In the previous week, Devon Energy had 8 more articles in the media than Diamondback Energy. MarketBeat recorded 45 mentions for Devon Energy and 37 mentions for Diamondback Energy. Devon Energy's average media sentiment score of 0.90 beat Diamondback Energy's score of 0.89 indicating that Devon Energy is being referred to more favorably in the news media.
Diamondback Energy has a net margin of 36.71% compared to Devon Energy's net margin of 22.27%. Devon Energy's return on equity of 29.02% beat Diamondback Energy's return on equity.
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.
Diamondback Energy received 7 more outperform votes than Devon Energy when rated by MarketBeat users. Likewise, 78.16% of users gave Diamondback Energy an outperform vote while only 71.51% of users gave Devon Energy an outperform vote.
Diamondback Energy has a beta of 1.91, indicating that its stock price is 91% more volatile than the S&P 500. Comparatively, Devon Energy has a beta of 2.16, indicating that its stock price is 116% more volatile than the S&P 500.
Summary
Devon Energy beats Diamondback Energy on 11 of the 20 factors compared between the two stocks.
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This chart shows the number of new MarketBeat users adding FANG 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 NASDAQ 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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