Devon Energy (NYSE:DVN) Vs. COP, EOG, PXD, FANG, CLR, MRO, EQT, RRC, PDCE, and MTDR
Should you be buying Devon Energy stock or one of its competitors? The main competitors of Devon Energy include ConocoPhillips (COP), EOG Resources (EOG), Pioneer Natural Resources (PXD), Diamondback Energy (FANG), Continental Resources (CLR), Marathon Oil (MRO), EQT (EQT), Range Resources (RRC), PDC Energy (PDCE), and Matador Resources (MTDR). These companies are all part of the "oil & gas exploration & production" industry.
Devon Energy vs.
EOG Resources (NYSE:EOG) and Devon Energy (NYSE:DVN) are both large-cap oils/energy companies, but which is the better stock? We will compare the two companies based on the strength of their institutional ownership, dividends, media sentiment, earnings, profitability, analyst recommendations, valuation, community ranking and risk.
EOG Resources has higher revenue and earnings than Devon Energy. EOG Resources is trading at a lower price-to-earnings ratio than Devon Energy, indicating that it is currently the more affordable of the two stocks.
In the previous week, EOG Resources had 4 more articles in the media than Devon Energy. MarketBeat recorded 20 mentions for EOG Resources and 16 mentions for Devon Energy. Devon Energy's average media sentiment score of 0.62 beat EOG Resources' score of 0.42 indicating that Devon Energy is being referred to more favorably in the news media.
EOG Resources pays an annual dividend of $3.00 per share and has a dividend yield of 2.8%. Devon Energy pays an annual dividend of $0.44 per share and has a dividend yield of 0.9%. EOG Resources pays out 58.0% of its earnings in the form of a dividend. Devon Energy pays out 26.3% 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. EOG Resources has increased its dividend for 5 consecutive years and Devon Energy has increased its dividend for 4 consecutive years. EOG Resources is clearly the better dividend stock, given its higher yield and longer track record of dividend growth.
EOG Resources has a net margin of 19.38% compared to Devon Energy's net margin of 13.50%. Devon Energy's return on equity of 19.77% beat EOG Resources' return on equity.
EOG Resources received 100 more outperform votes than Devon Energy when rated by MarketBeat users. However, 76.11% of users gave Devon Energy an outperform vote while only 75.38% of users gave EOG Resources an outperform vote.
86.0% of EOG Resources shares are owned by institutional investors. Comparatively, 88.5% of Devon Energy shares are owned by institutional investors. 0.4% of EOG Resources shares are owned by insiders. Comparatively, 0.8% of Devon Energy shares are owned by insiders. Strong institutional ownership is an indication that hedge funds, large money managers and endowments believe a stock will outperform the market over the long term.
EOG Resources has a beta of 2.02, indicating that its stock price is 102% more volatile than the S&P 500. Comparatively, Devon Energy has a beta of 3.05, indicating that its stock price is 205% more volatile than the S&P 500.
EOG Resources currently has a consensus target price of $104.60, indicating a potential downside of 1.01%. Devon Energy has a consensus target price of $45.09, indicating a potential downside of 10.46%. Given EOG Resources' higher possible upside, analysts plainly believe EOG Resources is more favorable than Devon Energy.
Summary
EOG Resources and Devon Energy tied by winning 11 of the 22 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 (NYSE:DVN) vs. Its Competitors
Devon Energy Competitors List
