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.
EOG Resources (NYSE:EOG) and Devon Energy (NYSE:DVN) are both large-cap oils/energy companies, but which is the better business? We will compare the two companies based on the strength of their earnings, institutional ownership, dividends, community ranking, media sentiment, profitability, analyst recommendations, risk and valuation.
EOG Resources currently has a consensus price target of $142.09, suggesting a potential upside of 14.08%. 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 possible upside, analysts clearly believe Devon Energy is more favorable than EOG Resources.
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 large money managers, hedge funds and endowments believe a stock is poised for long-term growth.
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.
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.
EOG Resources has a beta of 1.38, meaning that its share price is 38% more volatile than the S&P 500. Comparatively, Devon Energy has a beta of 2.15, meaning that its share price is 115% more volatile than the S&P 500.
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.
In the previous week, Devon Energy had 3 more articles in the media than EOG Resources. MarketBeat recorded 13 mentions for Devon Energy and 10 mentions for EOG Resources. Devon Energy's average media sentiment score of 1.23 beat EOG Resources' score of 1.02 indicating that EOG Resources is being referred to more favorably in the media.
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 increased 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.
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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.
Skip ChartThis 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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