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Devon Energy (DVN) Competitors

$47.17
-1.74 (-3.56%)
(As of 05/29/2024 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 business? We will compare the two companies based on the strength of their valuation, earnings, institutional ownership, profitability, dividends, community ranking, risk, analyst recommendations and media sentiment.

89.9% of EOG Resources shares are held by institutional investors. Comparatively, 69.7% of Devon Energy shares are held by institutional investors. 0.2% of EOG Resources shares are held by insiders. Comparatively, 0.7% of Devon Energy shares are held by insiders. Strong institutional ownership is an indication that hedge funds, endowments and large money managers believe a stock is poised for long-term growth.

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 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$24.19B2.90$7.59B$12.669.63
Devon Energy$15.26B1.95$3.75B$5.249.00

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, EOG Resources and EOG Resources both had 14 articles in the media. EOG Resources' average media sentiment score of 1.14 beat Devon Energy's score of 1.04 indicating that Devon Energy is being referred to more favorably in the news media.

Company Very Positive Positive Neutral Negative Very Negative Overall Sentiment
EOG Resources
10 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)
6 Positive mention(s)
1 Neutral mention(s)
0 Negative mention(s)
0 Very Negative mention(s)
Positive

EOG Resources currently has a consensus target price of $142.09, indicating a potential upside of 16.53%. Devon Energy has a consensus target price of $58.83, indicating a potential upside of 24.73%. Given EOG Resources' stronger consensus rating and higher possible 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 has a beta of 1.38, suggesting that its stock price is 38% more volatile than the S&P 500. Comparatively, Devon Energy has a beta of 2.15, suggesting that its stock price is 115% more volatile than the S&P 500.

EOG Resources pays an annual dividend of $3.64 per share and has a dividend yield of 3.0%. Devon Energy pays an annual dividend of $0.88 per share and has a dividend yield of 1.9%. 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 13 of the 21 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.
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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$29.81B$9.00B$8.21B$17.46B
Dividend Yield1.83%17.08%11.55%3.53%
P/E Ratio9.0015.6915.5625.52
Price / Sales1.954.4294.0810.11
Price / Cash4.976.9010.0219.29
Price / Book2.421.972.905.82
Net Income$3.75B$1.26B$973.13M$975.72M
7 Day Performance-2.20%1.02%0.70%-0.51%
1 Month Performance-7.84%-0.47%3.01%2.67%
1 Year Performance0.45%14.96%8.08%22.10%

Devon Energy Competitors List

CompanyMarketRankShare PriceAnalysts' Price Target1Y Price PerformanceMarket CapRevenueP/E RatioEmployee CountIndicator(s)
EOG
EOG Resources
4.5857 of 5 stars
$125.85
+2.1%
$142.09
+12.9%
+10.7%$72.33B$23.44B9.943,050Positive News
PXD
Pioneer Natural Resources
3.1562 of 5 stars
$269.62
flat
$264.10
-2.0%
N/A$63.00B$19.36B13.322,213
FANG
Diamondback Energy
4.1909 of 5 stars
$197.76
+2.2%
$205.95
+4.1%
+48.9%$35.27B$8.41B11.151,023Analyst Downgrade
Insider Selling
Analyst Revision
EQT
EQT
3.7877 of 5 stars
$41.24
+2.7%
$44.94
+9.0%
+12.8%$18.21B$6.91B29.88881Analyst Upgrade
Short Interest ↑
MRO
Marathon Oil
4.658 of 5 stars
$26.45
+3.5%
$33.14
+25.3%
+23.3%$14.42B$6.70B10.931,681Options Volume
Analyst Revision
News Coverage
Gap Up
RRC
Range Resources
4.0735 of 5 stars
$36.88
+3.1%
$37.10
+0.6%
+24.5%$8.95B$2.33B18.72548
SWN
Southwestern Energy
3.7026 of 5 stars
$7.44
+0.7%
$8.25
+10.9%
+48.0%$8.15B$6.52B-4.281,165Analyst Forecast
Analyst Revision
MTDR
Matador Resources
3.99 of 5 stars
$62.04
+2.4%
$74.80
+20.6%
+33.4%$7.74B$2.81B8.50395Analyst Revision
SM
SM Energy
4.2101 of 5 stars
$48.95
+1.8%
$54.57
+11.5%
+77.5%$5.63B$2.37B7.67544Analyst Upgrade
Analyst Revision
CRK
Comstock Resources
1.9862 of 5 stars
$11.24
+4.0%
$10.25
-8.8%
+15.7%$3.28B$1.57B51.09251Analyst Forecast

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This page (NYSE:DVN) was last updated on 5/30/2024 by MarketBeat.com Staff

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