S&P 500   4,967.23
DOW   37,986.40
QQQ   414.65
North Carolina medical marijuana sales begin at Cherokee store
Ukrainian and Western leaders laud US aid package while the Kremlin warns of 'further ruin'
Biden sees a $35 price cap for insulin as a pivotal campaign issue. It’s not that clear-cut
'Civil War’ continues box-office campaign at No. 1
Hawaii lawmakers take aim at vacation rentals after Lahaina wildfire amplifies Maui housing crisis
Conservative Brazilians laud Elon Musk at rally in support of ex-president Bolsonaro
Tens of thousands of Colombians protest against the leftist president's reform agenda
S&P 500   4,967.23
DOW   37,986.40
QQQ   414.65
North Carolina medical marijuana sales begin at Cherokee store
Ukrainian and Western leaders laud US aid package while the Kremlin warns of 'further ruin'
Biden sees a $35 price cap for insulin as a pivotal campaign issue. It’s not that clear-cut
'Civil War’ continues box-office campaign at No. 1
Hawaii lawmakers take aim at vacation rentals after Lahaina wildfire amplifies Maui housing crisis
Conservative Brazilians laud Elon Musk at rally in support of ex-president Bolsonaro
Tens of thousands of Colombians protest against the leftist president's reform agenda
S&P 500   4,967.23
DOW   37,986.40
QQQ   414.65
North Carolina medical marijuana sales begin at Cherokee store
Ukrainian and Western leaders laud US aid package while the Kremlin warns of 'further ruin'
Biden sees a $35 price cap for insulin as a pivotal campaign issue. It’s not that clear-cut
'Civil War’ continues box-office campaign at No. 1
Hawaii lawmakers take aim at vacation rentals after Lahaina wildfire amplifies Maui housing crisis
Conservative Brazilians laud Elon Musk at rally in support of ex-president Bolsonaro
Tens of thousands of Colombians protest against the leftist president's reform agenda
S&P 500   4,967.23
DOW   37,986.40
QQQ   414.65
North Carolina medical marijuana sales begin at Cherokee store
Ukrainian and Western leaders laud US aid package while the Kremlin warns of 'further ruin'
Biden sees a $35 price cap for insulin as a pivotal campaign issue. It’s not that clear-cut
'Civil War’ continues box-office campaign at No. 1
Hawaii lawmakers take aim at vacation rentals after Lahaina wildfire amplifies Maui housing crisis
Conservative Brazilians laud Elon Musk at rally in support of ex-president Bolsonaro
Tens of thousands of Colombians protest against the leftist president's reform agenda

Diamondback Energy (FANG) Competitors

$200.74
+1.14 (+0.57%)
(As of 04/19/2024 ET)

FANG vs. DVN, MRO, EQT, PXD, EOG, CVE, CTRA, E, OVV, and PR

Should you be buying Diamondback Energy stock or one of its competitors? The main competitors of Diamondback Energy include Devon Energy (DVN), Marathon Oil (MRO), EQT (EQT), Pioneer Natural Resources (PXD), EOG Resources (EOG), Cenovus Energy (CVE), Coterra Energy (CTRA), ENI (E), Ovintiv (OVV), and Permian Resources (PR). These companies are all part of the "crude petroleum & natural gas" industry.

Diamondback Energy vs.

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

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.

CompanyGross RevenuePrice/Sales RatioNet IncomeEarnings Per SharePrice/Earnings Ratio
Diamondback Energy$8.41B4.26$3.14B$17.3411.58
Devon Energy$15.26B2.16$3.75B$5.838.89

Diamondback Energy has a beta of 1.93, meaning that its stock price is 93% more volatile than the S&P 500. Comparatively, Devon Energy has a beta of 2.19, meaning 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 insiders. Comparatively, 0.6% of Devon Energy shares are owned by insiders. Strong institutional ownership is an indication that hedge funds, endowments and large money managers believe a company is poised for long-term growth.

Diamondback Energy presently has a consensus target price of $198.74, suggesting a potential downside of 1.00%. Devon Energy has a consensus target price of $57.94, suggesting a potential upside of 11.80%. Given Devon Energy's stronger consensus rating and higher probable upside, analysts plainly believe Devon Energy is more favorable than Diamondback Energy.

Company Sell Ratings Hold Ratings Buy Ratings Strong Buy Ratings Rating Score
Diamondback Energy
1 Sell rating(s)
4 Hold rating(s)
13 Buy rating(s)
1 Strong Buy rating(s)
2.74
Devon Energy
0 Sell rating(s)
4 Hold rating(s)
13 Buy rating(s)
0 Strong Buy rating(s)
2.76

In the previous week, Devon Energy had 6 more articles in the media than Diamondback Energy. MarketBeat recorded 33 mentions for Devon Energy and 27 mentions for Diamondback Energy. Devon Energy's average media sentiment score of 0.95 beat Diamondback Energy's score of 0.93 indicating that Devon Energy is being referred to more favorably in the news media.

Company Very Positive Positive Neutral Negative Very Negative Overall Sentiment
Diamondback Energy
17 Very Positive mention(s)
3 Positive mention(s)
1 Neutral mention(s)
0 Negative mention(s)
0 Very Negative mention(s)
Positive
Devon Energy
17 Very Positive mention(s)
10 Positive mention(s)
2 Neutral mention(s)
1 Negative mention(s)
1 Very Negative mention(s)
Positive

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 20.8% 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 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.

Company Net Margins Return on Equity Return on Assets
Diamondback Energy37.36% 19.56% 11.63%
Devon Energy 24.56%31.72%15.36%

Diamondback Energy received 6 more outperform votes than Devon Energy when rated by MarketBeat users. Likewise, 78.07% of users gave Diamondback Energy an outperform vote while only 71.41% of users gave Devon Energy an outperform vote.

CompanyUnderperformOutperform
Diamondback EnergyOutperform Votes
1335
78.07%
Underperform Votes
375
21.93%
Devon EnergyOutperform Votes
1329
71.41%
Underperform Votes
532
28.59%

Summary

Devon Energy beats Diamondback Energy on 11 of the 20 factors compared between the two stocks.

New MarketBeat Followers Over Time

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.
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Media Sentiment Over Time

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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FANG vs. The Competition

MetricDiamondback EnergyCrude petroleum & natural gas IndustryEnergy SectorNASDAQ Exchange
Market Cap$35.80B$9.19B$8.48B$7.32B
Dividend Yield1.79%17.17%11.51%3.97%
P/E Ratio11.587.7613.7716.24
Price / Sales4.265.2330.8681.89
Price / Cash7.176.8311.2534.38
Price / Book2.061.983.594.15
Net Income$3.14B$1.34B$1.02B$214.00M
7 Day Performance-2.71%-1.93%-2.56%-3.51%
1 Month Performance3.26%5.41%1.54%-6.05%
1 Year Performance42.28%11.34%3.78%3.98%

Diamondback Energy Competitors List

CompanyMarketRankShare PriceAnalysts' Price Target1Y Price PerformanceMarket CapRevenueP/E RatioEmployee CountIndicator(s)
DVN
Devon Energy
4.7761 of 5 stars
$52.19
-0.9%
$57.89
+10.9%
-4.1%$33.14B$15.26B8.951,900Analyst Report
News Coverage
MRO
Marathon Oil
4.4659 of 5 stars
$28.35
-1.5%
$32.66
+15.2%
+13.3%$16.20B$6.70B11.071,681Analyst Report
Analyst Revision
News Coverage
EQT
EQT
4.2194 of 5 stars
$36.20
-0.9%
$44.13
+21.9%
+12.0%$15.94B$6.91B8.52881Upcoming Earnings
Dividend Announcement
Analyst Report
Analyst Revision
News Coverage
PXD
Pioneer Natural Resources
3.9583 of 5 stars
$267.22
-0.7%
$259.00
-3.1%
+20.0%$62.43B$19.36B13.202,213Analyst Report
Positive News
EOG
EOG Resources
3.8312 of 5 stars
$132.94
+0.4%
$140.90
+6.0%
+12.6%$76.47B$24.19B10.223,050Analyst Report
CVE
Cenovus Energy
4.5794 of 5 stars
$20.64
+0.4%
$26.67
+29.2%
+17.6%$38.52B$38.67B13.066,925Upcoming Earnings
Positive News
CTRA
Coterra Energy
4.4444 of 5 stars
$27.19
flat
$32.00
+17.7%
+8.6%$20.44B$5.91B12.71894Analyst Report
Analyst Revision
News Coverage
E
ENI
2.002 of 5 stars
$32.39
-1.4%
N/A+8.4%$54.67B$102.67B10.7333,142Upcoming Earnings
Dividend Announcement
OVV
Ovintiv
3.8871 of 5 stars
$52.30
-0.5%
$56.71
+8.4%
+39.2%$14.07B$10.88B6.631,743Analyst Revision
PR
Permian Resources
4.6742 of 5 stars
$17.60
-0.5%
$18.77
+6.6%
+63.3%$13.58B$3.12B15.17461Analyst Report
News Coverage

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This page (NASDAQ:FANG) was last updated on 4/21/2024 by MarketBeat.com Staff

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