DVN vs. BKR, FANG, CNX, COP, CTRA, CVX, EOG, MTDR, OXY, and XOM
Should you be buying Devon Energy stock or one of its competitors? The main competitors of Devon Energy include Baker Hughes (BKR), Diamondback Energy (FANG), CNX Resources (CNX), ConocoPhillips (COP), Coterra Energy (CTRA), Chevron (CVX), EOG Resources (EOG), Matador Resources (MTDR), Occidental Petroleum (OXY), and Exxon Mobil (XOM). These companies are all part of the "energy" sector.
Devon Energy vs. Its Competitors
Baker Hughes (NASDAQ:BKR) and Devon Energy (NYSE:DVN) are both large-cap energy companies, but which is the better stock? We will compare the two companies based on the strength of their valuation, earnings, institutional ownership, media sentiment, profitability, dividends, risk and analyst recommendations.
Baker Hughes pays an annual dividend of $0.92 per share and has a dividend yield of 2.0%. Devon Energy pays an annual dividend of $0.96 per share and has a dividend yield of 2.8%. Baker Hughes pays out 30.1% of its earnings in the form of a dividend. Devon Energy pays out 21.5% 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. Baker Hughes has increased its dividend for 4 consecutive years and Devon Energy has increased its dividend for 1 consecutive years. Devon Energy is clearly the better dividend stock, given its higher yield and lower payout ratio.
Devon Energy has a net margin of 16.57% compared to Baker Hughes' net margin of 11.04%. Devon Energy's return on equity of 18.59% beat Baker Hughes' return on equity.
Baker Hughes has a beta of 1.01, suggesting that its stock price is 1% more volatile than the S&P 500. Comparatively, Devon Energy has a beta of 1.09, suggesting that its stock price is 9% more volatile than the S&P 500.
In the previous week, Baker Hughes had 12 more articles in the media than Devon Energy. MarketBeat recorded 31 mentions for Baker Hughes and 19 mentions for Devon Energy. Devon Energy's average media sentiment score of 1.62 beat Baker Hughes' score of 1.42 indicating that Devon Energy is being referred to more favorably in the news media.
Baker Hughes currently has a consensus price target of $52.29, suggesting a potential upside of 12.47%. Devon Energy has a consensus price target of $44.15, suggesting a potential upside of 26.83%. Given Devon Energy's higher probable upside, analysts plainly believe Devon Energy is more favorable than Baker Hughes.
Baker Hughes has higher revenue and earnings than Devon Energy. Devon Energy is trading at a lower price-to-earnings ratio than Baker Hughes, indicating that it is currently the more affordable of the two stocks.
92.1% of Baker Hughes shares are owned by institutional investors. Comparatively, 69.7% of Devon Energy shares are owned by institutional investors. 0.3% of Baker Hughes shares are owned by company insiders. Comparatively, 0.7% of Devon Energy shares are owned by company insiders. Strong institutional ownership is an indication that hedge funds, large money managers and endowments believe a company is poised for long-term growth.
Summary
Devon Energy beats Baker Hughes on 10 of the 19 factors compared between the two stocks.
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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.
Skip ChartMedia 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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Devon Energy Competitors List
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This page (NYSE:DVN) was last updated on 9/13/2025 by MarketBeat.com Staff