FANG vs. DVN, MRO, EQT, PXD, EOG, WDS, EC, CTRA, CVE, and APA
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), Woodside Energy Group (WDS), Ecopetrol (EC), Coterra Energy (CTRA), Cenovus Energy (CVE), and APA (APA). 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 superior investment? We will contrast the two companies based on the strength of their valuation, profitability, media sentiment, community ranking, risk, institutional ownership, earnings, dividends and analyst recommendations.
In the previous week, Diamondback Energy had 4 more articles in the media than Devon Energy. MarketBeat recorded 17 mentions for Diamondback Energy and 13 mentions for Devon Energy. Devon Energy's average media sentiment score of 0.76 beat Diamondback Energy's score of 0.48 indicating that Devon Energy is being referred to more favorably in the news media.
Diamondback Energy presently has a consensus target price of $178.30, indicating a potential upside of 36.41%. Devon Energy has a consensus target price of $71.95, indicating a potential upside of 48.13%. Given Devon Energy's higher possible upside, analysts clearly believe Devon Energy is more favorable than Diamondback Energy.
89.8% of Diamondback Energy shares are owned by institutional investors. Comparatively, 78.1% of Devon Energy shares are owned by institutional investors. 0.4% of Diamondback Energy shares are owned by company insiders. Comparatively, 0.8% 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 will outperform the market over the long term.
Diamondback Energy pays an annual dividend of $3.20 per share and has a dividend yield of 2.4%. Devon Energy pays an annual dividend of $0.80 per share and has a dividend yield of 1.6%. Diamondback Energy pays out 13.0% of its earnings in the form of a dividend. Devon Energy pays out 8.8% 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.
Devon Energy has higher revenue and earnings than Diamondback Energy. Diamondback Energy is trading at a lower price-to-earnings ratio than Devon Energy, indicating that it is currently the more affordable of the two stocks.
Devon Energy received 18 more outperform votes than Diamondback Energy when rated by MarketBeat users. However, 78.70% of users gave Diamondback Energy an outperform vote while only 73.01% of users gave Devon Energy an outperform vote.
Diamondback Energy has a net margin of 45.48% compared to Devon Energy's net margin of 31.38%. Devon Energy's return on equity of 52.20% beat Diamondback Energy's return on equity.
Diamondback Energy has a beta of 2.03, indicating that its stock price is 103% more volatile than the S&P 500. Comparatively, Devon Energy has a beta of 2.33, indicating that its stock price is 133% more volatile than the S&P 500.
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.
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.
Diamondback Energy Competitors List
