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Devon Energy (DVN) Competitors

$49.08
+1.49 (+3.13%)
(As of 05/31/2024 ET)

DVN vs. EOG, PXD, FANG, EQT, MRO, RRC, SWN, MTDR, SM, and CRK

Should you be buying Devon Energy stock or one of its competitors? The main competitors of Devon Energy include EOG Resources (EOG), Pioneer Natural Resources (PXD), Diamondback Energy (FANG), EQT (EQT), Marathon Oil (MRO), Range Resources (RRC), Southwestern Energy (SWN), Matador Resources (MTDR), SM Energy (SM), and Comstock Resources (CRK). 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 investment? We will contrast the two companies based on the strength of their dividends, institutional ownership, valuation, community ranking, profitability, earnings, risk, analyst recommendations and media sentiment.

EOG Resources has a net margin of 30.33% compared to EOG Resources' net margin of 22.27%. EOG Resources' return on equity of 29.02% beat Devon Energy's return on equity.

Company Net Margins Return on Equity Return on Assets
EOG Resources30.33% 24.83% 15.82%
Devon Energy 22.27%29.02%14.20%

In the previous week, Devon Energy had 2 more articles in the media than EOG Resources. MarketBeat recorded 13 mentions for Devon Energy and 11 mentions for EOG Resources. Devon Energy's average media sentiment score of 1.14 beat EOG Resources' score of 1.06 indicating that EOG Resources is being referred to more favorably in the media.

Company Very Positive Positive Neutral Negative Very Negative Overall Sentiment
EOG Resources
9 Very Positive mention(s)
0 Positive mention(s)
2 Neutral mention(s)
0 Negative mention(s)
0 Very Negative mention(s)
Positive
Devon Energy
7 Very Positive mention(s)
4 Positive mention(s)
2 Neutral mention(s)
0 Negative mention(s)
0 Very Negative mention(s)
Positive

EOG Resources has higher revenue and earnings than Devon Energy. Devon Energy is trading at a lower price-to-earnings ratio than EOG Resources, indicating that it is currently the more affordable of the two stocks.

CompanyGross RevenuePrice/Sales RatioNet IncomeEarnings Per SharePrice/Earnings Ratio
EOG Resources$24.19B2.96$7.59B$12.669.84
Devon Energy$15.26B2.03$3.75B$5.249.37

89.9% of EOG Resources shares are owned by institutional investors. Comparatively, 69.7% of Devon Energy shares are owned by institutional investors. 0.3% of EOG Resources shares are owned by insiders. Comparatively, 0.7% 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 will outperform the market over the long term.

EOG Resources received 129 more outperform votes than Devon Energy when rated by MarketBeat users. Likewise, 72.25% of users gave EOG Resources an outperform vote while only 71.50% of users gave Devon Energy an outperform vote.

CompanyUnderperformOutperform
EOG ResourcesOutperform Votes
1466
72.25%
Underperform Votes
563
27.75%
Devon EnergyOutperform Votes
1337
71.50%
Underperform Votes
533
28.50%

EOG Resources has a beta of 1.38, indicating that its stock price is 38% more volatile than the S&P 500. Comparatively, Devon Energy has a beta of 2.15, indicating that its stock price is 115% more volatile than the S&P 500.

EOG Resources currently has a consensus price target of $142.09, suggesting a potential upside of 14.01%. Devon Energy has a consensus price target of $58.83, suggesting a potential upside of 19.87%. Given EOG Resources' stronger consensus rating and higher probable upside, analysts plainly believe Devon Energy is more favorable than EOG Resources.

Company Sell Ratings Hold Ratings Buy Ratings Strong Buy Ratings Rating Score
EOG Resources
0 Sell rating(s)
15 Hold rating(s)
7 Buy rating(s)
1 Strong Buy rating(s)
2.39
Devon Energy
0 Sell rating(s)
4 Hold rating(s)
13 Buy rating(s)
0 Strong Buy rating(s)
2.76

EOG Resources pays an annual dividend of $3.64 per share and has a dividend yield of 2.9%. Devon Energy pays an annual dividend of $0.88 per share and has a dividend yield of 1.8%. EOG Resources pays out 28.8% of its earnings in the form of a dividend. Devon Energy pays out 16.8% 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. EOG Resources has raised its dividend for 7 consecutive years. EOG Resources is clearly the better dividend stock, given its higher yield and longer track record of dividend growth.

Summary

EOG Resources beats Devon Energy on 14 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.
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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$31.02B$9.21B$8.34B$17.83B
Dividend Yield1.85%17.04%11.63%3.54%
P/E Ratio9.3714.9910.4622.12
Price / Sales2.034.4278.5010.50
Price / Cash4.916.8711.1618.95
Price / Book2.512.002.985.90
Net Income$3.75B$1.26B$979.69M$976.46M
7 Day Performance1.93%3.33%1.24%0.61%
1 Month Performance-2.62%4.33%5.43%4.78%
1 Year Performance4.92%16.64%9.61%23.99%

Devon Energy Competitors List

CompanyMarketRankShare PriceAnalysts' Price Target1Y Price PerformanceMarket CapRevenueP/E RatioEmployee CountIndicator(s)
EOG
EOG Resources
4.6565 of 5 stars
$125.85
+2.1%
$142.09
+12.9%
+16.2%$72.33B$23.44B9.943,050Positive News
PXD
Pioneer Natural Resources
0.9803 of 5 stars
$269.62
flat
$264.10
-2.0%
N/A$63.00B$19.36B13.322,213Analyst Forecast
FANG
Diamondback Energy
4.1442 of 5 stars
$197.76
+2.2%
$205.95
+4.1%
+56.7%$35.27B$8.41B11.151,023Insider Selling
EQT
EQT
3.4877 of 5 stars
$41.24
+2.7%
$44.94
+9.0%
+18.2%$18.21B$6.91B29.88881Analyst Upgrade
Insider Selling
Short Interest ↑
MRO
Marathon Oil
4.5314 of 5 stars
$26.45
+3.5%
$33.14
+25.3%
+30.7%$14.42B$6.70B10.931,681Analyst Forecast
Options Volume
News Coverage
RRC
Range Resources
4.2304 of 5 stars
$36.88
+3.1%
$37.10
+0.6%
+34.8%$8.95B$2.33B18.72548Dividend Announcement
SWN
Southwestern Energy
3.0356 of 5 stars
$7.44
+0.7%
$8.25
+10.9%
+57.9%$8.15B$6.52B-4.281,165Analyst Forecast
MTDR
Matador Resources
4.158 of 5 stars
$62.04
+2.4%
$74.80
+20.6%
+44.3%$7.74B$2.81B8.50395Analyst Revision
News Coverage
SM
SM Energy
3.6842 of 5 stars
$48.95
+1.8%
$54.57
+11.5%
+92.0%$5.63B$2.37B7.67544Analyst Upgrade
CRK
Comstock Resources
2.2744 of 5 stars
$11.24
+4.0%
$10.25
-8.8%
+25.8%$3.28B$1.57B51.09251Analyst Forecast
News Coverage

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This page (NYSE:DVN) was last updated on 6/1/2024 by MarketBeat.com Staff

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