FANG vs. DVN, EQT, MRO, PXD, EOG, CVE, CTRA, E, OVV, and OXY
Should you be buying Diamondback Energy stock or one of its competitors? The main competitors of Diamondback Energy include Devon Energy (DVN), EQT (EQT), Marathon Oil (MRO), Pioneer Natural Resources (PXD), EOG Resources (EOG), Cenovus Energy (CVE), Coterra Energy (CTRA), ENI (E), Ovintiv (OVV), and Occidental Petroleum (OXY). These companies are all part of the "crude petroleum & natural gas" industry.
Devon Energy (NYSE:DVN) and Diamondback Energy (NASDAQ:FANG) are both large-cap oils/energy companies, but which is the better stock? We will compare the two businesses based on the strength of their analyst recommendations, valuation, institutional ownership, risk, profitability, dividends, earnings, media sentiment and community ranking.
Devon Energy has higher revenue and earnings than Diamondback Energy. Devon Energy is trading at a lower price-to-earnings ratio than Diamondback Energy, indicating that it is currently the more affordable of the two stocks.
Devon Energy presently has a consensus price target of $58.44, suggesting a potential upside of 15.64%. Diamondback Energy has a consensus price target of $204.37, suggesting a potential upside of 1.42%. Given Diamondback Energy's stronger consensus rating and higher probable upside, equities analysts clearly believe Devon Energy is more favorable than Diamondback Energy.
Devon Energy pays an annual dividend of $0.88 per share and has a dividend yield of 1.7%. Diamondback Energy pays an annual dividend of $3.60 per share and has a dividend yield of 1.8%. Devon Energy pays out 16.8% of its earnings in the form of a dividend. Diamondback Energy pays out 20.3% 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. Diamondback Energy has increased its dividend for 6 consecutive years. Diamondback Energy is clearly the better dividend stock, given its higher yield and longer track record of dividend growth.
Devon Energy has a beta of 2.16, indicating that its stock price is 116% more volatile than the S&P 500. Comparatively, Diamondback Energy has a beta of 1.91, indicating that its stock price is 91% more volatile than the S&P 500.
Diamondback Energy received 6 more outperform votes than Devon Energy when rated by MarketBeat users. Likewise, 78.15% of users gave Diamondback Energy an outperform vote while only 71.51% of users gave Devon Energy an outperform vote.
69.7% of Devon Energy shares are owned by institutional investors. Comparatively, 90.0% of Diamondback Energy shares are owned by institutional investors. 0.6% of Devon Energy shares are owned by company insiders. Comparatively, 0.4% of Diamondback Energy shares are owned by company insiders. Strong institutional ownership is an indication that large money managers, endowments and hedge funds believe a company is poised for long-term growth.
In the previous week, Devon Energy and Devon Energy both had 50 articles in the media. Devon Energy's average media sentiment score of 0.87 beat Diamondback Energy's score of 0.82 indicating that Diamondback Energy is being referred to more favorably in the news media.
Diamondback Energy has a net margin of 36.71% compared to Diamondback Energy's net margin of 22.27%. Diamondback Energy's return on equity of 29.02% beat Devon Energy's return on equity.
Summary
Diamondback Energy beats Devon Energy on 11 of the 20 factors compared between the two stocks.
Get Diamondback Energy News Delivered to You Automatically
Sign up to receive the latest news and ratings for FANG and its competitors with MarketBeat's FREE daily newsletter.
This chart shows the number of new MarketBeat users adding FANG and its top 5 competitors to their watchlist. Each company is represented with a line over a 90 day period.
This chart shows the average media sentiment of NASDAQ 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.
Diamondback Energy Competitors List
Related Companies and Tools
