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Devon Energy (DVN) Competitors

$48.15
-0.08 (-0.17%)
(As of 05/24/2024 ET)

DVN vs. FANG, EQT, MRO, RRC, SWN, PXD, EOG, CVE, CTRA, and WDS

Should you be buying Devon Energy stock or one of its competitors? The main competitors of Devon Energy include Diamondback Energy (FANG), EQT (EQT), Marathon Oil (MRO), Range Resources (RRC), Southwestern Energy (SWN), Pioneer Natural Resources (PXD), EOG Resources (EOG), Cenovus Energy (CVE), Coterra Energy (CTRA), and Woodside Energy Group (WDS). 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 superior investment? We will compare the two businesses based on the strength of their risk, valuation, analyst recommendations, profitability, media sentiment, earnings, community ranking, dividends and institutional ownership.

69.7% of Devon Energy shares are held by institutional investors. Comparatively, 90.0% of Diamondback Energy shares are held by institutional investors. 0.6% of Devon Energy shares are held by insiders. Comparatively, 0.4% of Diamondback Energy shares are held by insiders. Strong institutional ownership is an indication that large money managers, hedge funds and endowments believe a stock will outperform the market over the long term.

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
Devon Energy$15.26B1.99$3.75B$5.249.19
Diamondback Energy$8.41B4.10$3.14B$17.7410.91

Devon Energy presently has a consensus price target of $58.83, indicating a potential upside of 22.19%. Diamondback Energy has a consensus price target of $205.95, indicating a potential upside of 6.45%. Given Devon Energy's stronger consensus rating and higher probable upside, equities analysts plainly believe Devon Energy is more favorable than Diamondback Energy.

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

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.

Company Net Margins Return on Equity Return on Assets
Devon Energy22.27% 29.02% 14.20%
Diamondback Energy 36.71%19.36%11.62%

Devon Energy has a beta of 2.15, suggesting that its share price is 115% more volatile than the S&P 500. Comparatively, Diamondback Energy has a beta of 1.91, suggesting that its share price is 91% more volatile than the S&P 500.

Devon Energy pays an annual dividend of $0.88 per share and has a dividend yield of 1.8%. Diamondback Energy pays an annual dividend of $3.60 per share and has a dividend yield of 1.9%. Devon Energy pays out 16.8% of its earnings in the form of a dividend. Diamondback Energy pays out 20.3% 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 received 6 more outperform votes than Devon Energy when rated by MarketBeat users. Likewise, 78.17% of users gave Diamondback Energy an outperform vote while only 71.50% of users gave Devon Energy an outperform vote.

CompanyUnderperformOutperform
Devon EnergyOutperform Votes
1337
71.50%
Underperform Votes
533
28.50%
Diamondback EnergyOutperform Votes
1343
78.17%
Underperform Votes
375
21.83%

In the previous week, Diamondback Energy had 6 more articles in the media than Devon Energy. MarketBeat recorded 17 mentions for Diamondback Energy and 11 mentions for Devon Energy. Diamondback Energy's average media sentiment score of 1.32 beat Devon Energy's score of 0.92 indicating that Diamondback Energy is being referred to more favorably in the news media.

Company Very Positive Positive Neutral Negative Very Negative Overall Sentiment
Devon Energy
8 Very Positive mention(s)
2 Positive mention(s)
0 Neutral mention(s)
0 Negative mention(s)
0 Very Negative mention(s)
Positive
Diamondback Energy
11 Very Positive mention(s)
3 Positive mention(s)
0 Neutral mention(s)
0 Negative mention(s)
0 Very Negative mention(s)
Positive

Summary

Diamondback Energy beats Devon 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 DVN 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 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.
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DVN vs. The Competition

MetricDevon EnergyCrude petroleum & natural gas IndustryEnergy SectorNYSE Exchange
Market Cap$30.43B$8.89B$8.20B$17.80B
Dividend Yield1.82%17.11%11.67%3.55%
P/E Ratio9.1914.7014.5122.25
Price / Sales1.994.3596.1510.27
Price / Cash4.986.8911.5718.96
Price / Book2.471.972.965.91
Net Income$3.75B$1.26B$969.56M$976.87M
7 Day Performance-2.96%-2.54%0.32%-1.53%
1 Month Performance-8.49%-2.50%3.65%3.68%
1 Year Performance0.58%12.26%7.66%24.48%

Devon Energy Competitors List

CompanyMarketRankShare PriceAnalysts' Price Target1Y Price PerformanceMarket CapRevenueP/E RatioEmployee CountIndicator(s)
FANG
Diamondback Energy
4.6622 of 5 stars
$196.56
-0.6%
$205.95
+4.8%
+44.0%$35.05B$8.41B11.081,023Analyst Revision
Positive News
EQT
EQT
4.3272 of 5 stars
$41.19
-1.7%
$44.94
+9.1%
+9.9%$18.19B$6.91B29.85881
MRO
Marathon Oil
4.8363 of 5 stars
$26.30
-0.6%
$33.14
+26.0%
+6.4%$14.83B$6.70B10.871,681Analyst Revision
RRC
Range Resources
4.0436 of 5 stars
$37.54
-3.4%
$36.81
-1.9%
+20.1%$9.11B$3.37B19.06548
SWN
Southwestern Energy
3.578 of 5 stars
$7.45
-1.3%
$8.25
+10.7%
+41.6%$8.22B$5.82B-4.281,165Analyst Forecast
Analyst Revision
News Coverage
PXD
Pioneer Natural Resources
3.4314 of 5 stars
$269.62
flat
$264.10
-2.0%
N/A$63.00B$19.36B13.322,213Analyst Forecast
EOG
EOG Resources
4.6621 of 5 stars
$128.90
-0.7%
$141.82
+10.0%
+8.8%$74.08B$24.19B10.183,050Analyst Forecast
Insider Selling
CVE
Cenovus Energy
4.7464 of 5 stars
$20.27
+0.5%
$26.67
+31.6%
+20.5%$37.65B$38.67B11.266,925Positive News
CTRA
Coterra Energy
4.7315 of 5 stars
$27.84
-2.1%
$33.67
+20.9%
+6.4%$20.72B$5.91B16.09894Analyst Forecast
Positive News
WDS
Woodside Energy Group
0 of 5 stars
$18.65
-0.5%
N/A-19.2%$18.35B$13.99B0.004,667Upcoming Earnings
Positive News

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This page (NYSE:DVN) was last updated on 5/25/2024 by MarketBeat.com Staff

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