FANG vs. DVN, EQT, MRO, PXD, EOG, CVE, EC, CTRA, E, and OVV
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), Ecopetrol (EC), Coterra Energy (CTRA), ENI (E), and Ovintiv (OVV). 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 superior stock? We will contrast the two businesses based on the strength of their risk, earnings, valuation, institutional ownership, community ranking, media sentiment, analyst recommendations, dividends and profitability.
Diamondback Energy has a net margin of 37.36% compared to Devon Energy's net margin of 24.56%. Devon Energy's return on equity of 31.72% beat Diamondback Energy's return on equity.
Diamondback Energy currently has a consensus price target of $202.53, indicating a potential downside of 2.21%. Devon Energy has a consensus price target of $58.33, indicating a potential upside of 10.87%. Given Devon Energy's stronger consensus rating and higher possible upside, analysts clearly believe Devon Energy is more favorable than Diamondback Energy.
In the previous week, Devon Energy had 13 more articles in the media than Diamondback Energy. MarketBeat recorded 36 mentions for Devon Energy and 23 mentions for Diamondback Energy. Diamondback Energy's average media sentiment score of 1.15 beat Devon Energy's score of 0.98 indicating that Diamondback Energy is being referred to more favorably in the media.
Diamondback Energy pays an annual dividend of $3.60 per share and has a dividend yield of 1.7%. Devon Energy pays an annual dividend of $0.88 per share and has a dividend yield of 1.7%. Diamondback Energy pays out 20.8% of its earnings in the form of a dividend. Devon Energy pays out 15.1% 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 a beta of 1.93, indicating that its stock price is 93% more volatile than the S&P 500. Comparatively, Devon Energy has a beta of 2.19, indicating that its stock price is 119% more volatile than the S&P 500.
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 company insiders. Comparatively, 0.6% of Devon Energy shares are owned by company insiders. Strong institutional ownership is an indication that large money managers, hedge funds and endowments believe a company is poised for long-term growth.
Diamondback Energy received 7 more outperform votes than Devon Energy when rated by MarketBeat users. Likewise, 78.12% of users gave Diamondback Energy an outperform vote while only 71.46% of users gave Devon Energy an outperform vote.
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 and Devon Energy tied by winning 10 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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