DVN vs. FANG, MRO, PXD, EQT, EOG, CVE, WDS, EC, CTRA, and E
Should you be buying Devon Energy stock or one of its competitors? The main competitors of Devon Energy include Diamondback Energy (FANG), Marathon Oil (MRO), Pioneer Natural Resources (PXD), EQT (EQT), EOG Resources (EOG), Cenovus Energy (CVE), Woodside Energy Group (WDS), Ecopetrol (EC), Coterra Energy (CTRA), and ENI (E). These companies are all part of the "crude petroleum & natural gas" industry.
Devon Energy vs.
Devon Energy (NYSE:DVN) and Diamondback Energy (NASDAQ:FANG) are both large-cap oils/energy companies, but which is the better investment? We will compare the two businesses based on the strength of their dividends, community ranking, media sentiment, risk, analyst recommendations, institutional ownership, profitability, valuation and earnings.
In the previous week, Devon Energy had 4 more articles in the media than Diamondback Energy. MarketBeat recorded 14 mentions for Devon Energy and 10 mentions for Diamondback Energy. Diamondback Energy's average media sentiment score of 0.42 beat Devon Energy's score of 0.17 indicating that Diamondback Energy is being referred to more favorably in the news media.
78.1% of Devon Energy shares are owned by institutional investors. Comparatively, 89.8% of Diamondback Energy shares are owned by institutional investors. 0.6% of Devon Energy shares are owned by company insiders. Comparatively, 0.4% of Diamondback Energy shares are owned by company insiders. Strong institutional ownership is an indication that hedge funds, endowments and large money managers believe a stock is poised for long-term growth.
Devon Energy pays an annual dividend of $0.80 per share and has a dividend yield of 1.7%. Diamondback Energy pays an annual dividend of $3.20 per share and has a dividend yield of 2.4%. Devon Energy pays out 8.7% of its earnings in the form of a dividend. Diamondback Energy pays out 13.3% 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 47.15% compared to Devon Energy's net margin of 31.39%. Devon Energy's return on equity of 47.42% beat Diamondback Energy's return on equity.
Devon Energy has a beta of 2.34, suggesting that its stock price is 134% more volatile than the S&P 500. Comparatively, Diamondback Energy has a beta of 2.03, suggesting that its stock price is 103% more volatile than the S&P 500.
Devon Energy currently has a consensus price target of $69.53, suggesting a potential upside of 44.64%. Diamondback Energy has a consensus price target of $178.00, suggesting a potential upside of 35.89%. Given Devon Energy's higher probable upside, research analysts clearly believe Devon Energy is more favorable than Diamondback Energy.
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.
Devon Energy received 16 more outperform votes than Diamondback Energy when rated by MarketBeat users. However, 78.41% of users gave Diamondback Energy an outperform vote while only 72.42% of users gave Devon Energy an outperform vote.
Summary
Devon Energy and Diamondback Energy tied by winning 10 of the 20 factors compared between the two stocks.
New MarketBeat Followers Over Time
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.
Media Sentiment Over Time
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.
Devon Energy Competitors List
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