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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.

Devon Energy (NYSE:DVN) and EOG Resources (NYSE:EOG) are both large-cap oils/energy companies, but which is the superior business? We will contrast the two businesses based on the strength of their institutional ownership, profitability, analyst recommendations, media sentiment, earnings, community ranking, risk, valuation and dividends.

Devon Energy presently has a consensus target price of $58.83, suggesting a potential upside of 19.87%. EOG Resources has a consensus target price of $142.09, suggesting a potential upside of 14.08%. Given Devon Energy's stronger consensus rating and higher probable upside, equities research analysts plainly believe Devon Energy is more favorable than EOG Resources.

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
EOG Resources
0 Sell rating(s)
15 Hold rating(s)
7 Buy rating(s)
1 Strong Buy rating(s)
2.39

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

Company Net Margins Return on Equity Return on Assets
Devon Energy22.27% 29.02% 14.20%
EOG Resources 30.33%24.83%15.82%

69.7% of Devon Energy shares are held by institutional investors. Comparatively, 89.9% of EOG Resources shares are held by institutional investors. 0.7% of Devon Energy shares are held by company insiders. Comparatively, 0.3% of EOG Resources shares are held by company insiders. Strong institutional ownership is an indication that endowments, large money managers and hedge funds believe a stock will outperform the market over the long term.

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
Devon Energy$15.26B2.03$3.75B$5.249.37
EOG Resources$24.19B2.96$7.59B$12.669.84

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. EOG Resources' average media sentiment score of 1.23 beat Devon Energy's score of 1.02 indicating that EOG Resources is being referred to more favorably in the news media.

Company Very Positive Positive Neutral Negative Very Negative Overall Sentiment
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
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 has a beta of 2.15, meaning that its share price is 115% more volatile than the S&P 500. Comparatively, EOG Resources has a beta of 1.38, meaning that its share price is 38% more volatile than the S&P 500.

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

Devon Energy pays an annual dividend of $0.88 per share and has a dividend yield of 1.8%. EOG Resources pays an annual dividend of $3.64 per share and has a dividend yield of 2.9%. Devon Energy pays out 16.8% of its earnings in the form of a dividend. EOG Resources pays out 28.8% 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.

Summary

EOG Resources beats Devon Energy on 13 of the 21 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$9.14B$8.47B$17.81B
Dividend Yield1.85%17.04%11.64%3.55%
P/E Ratio9.3716.2611.4125.81
Price / Sales2.034.4577.9011.39
Price / Cash4.916.879.5718.95
Price / Book2.512.003.005.90
Net Income$3.75B$1.26B$976.81M$976.46M
7 Day Performance1.93%4.37%1.53%0.62%
1 Month Performance-2.62%5.40%5.79%4.79%
1 Year Performance4.92%16.64%9.73%24.00%

Devon Energy Competitors List

CompanyMarketRankShare PriceAnalysts' Price Target1Y Price PerformanceMarket CapRevenueP/E RatioEmployee CountIndicator(s)
EOG
EOG Resources
4.5944 of 5 stars
$125.85
+2.1%
$142.09
+12.9%
+15.2%$72.33B$23.44B9.943,050Positive News
PXD
Pioneer Natural Resources
0.973 of 5 stars
$269.62
flat
$264.10
-2.0%
N/A$63.00B$19.36B13.322,213Analyst Forecast
FANG
Diamondback Energy
4.0383 of 5 stars
$197.76
+2.2%
$205.95
+4.1%
+55.6%$35.27B$8.41B11.151,023Insider Selling
EQT
EQT
3.4926 of 5 stars
$41.24
+2.7%
$44.94
+9.0%
+17.1%$18.21B$6.91B29.88881Analyst Upgrade
Insider Selling
Short Interest ↑
MRO
Marathon Oil
4.7092 of 5 stars
$26.45
+3.5%
$33.14
+25.3%
+28.9%$14.42B$6.70B10.931,681Analyst Forecast
Options Volume
News Coverage
RRC
Range Resources
4.2305 of 5 stars
$36.88
+3.1%
$37.10
+0.6%
+36.2%$8.95B$2.33B18.72548Dividend Announcement
News Coverage
SWN
Southwestern Energy
3.0572 of 5 stars
$7.44
+0.7%
$8.25
+10.9%
+58.9%$8.15B$6.52B-4.281,165Analyst Forecast
MTDR
Matador Resources
4.1496 of 5 stars
$62.04
+2.4%
$74.80
+20.6%
+40.9%$7.74B$2.81B8.50395Analyst Revision
News Coverage
SM
SM Energy
3.6852 of 5 stars
$48.95
+1.8%
$54.57
+11.5%
+87.9%$5.63B$2.37B7.67544Analyst Upgrade
CRK
Comstock Resources
1.8441 of 5 stars
$11.24
+4.0%
$10.25
-8.8%
+26.3%$3.28B$1.57B51.09251Analyst Forecast
News Coverage

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This page (NYSE:DVN) was last updated on 6/2/2024 by MarketBeat.com Staff

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