DVN vs. FANG, EQT, MRO, RRC, SWN, PXD, EOG, CVE, CTRA, and OVV
Should you be buying Devon Energy stock or one of its competitors? The main competitors of Devon Energy include Diamondback Energy (FANG), EQT (EQT), Marathon Oil (MRO), Range Resources (RRC), Southwestern Energy (SWN), Pioneer Natural Resources (PXD), EOG Resources (EOG), Cenovus Energy (CVE), Coterra Energy (CTRA), and Ovintiv (OVV). 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 superior stock? We will contrast the two businesses based on the strength of their risk, earnings, valuation, institutional ownership, community ranking, media sentiment, analyst recommendations, dividends and profitability.
Diamondback Energy received 7 more outperform votes than Devon Energy when rated by MarketBeat users. Likewise, 78.16% of users gave Diamondback Energy an outperform vote while only 71.47% of users gave Devon Energy an outperform vote.
Devon Energy has a beta of 2.15, indicating that its stock price is 115% 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.
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.
Diamondback Energy has a net margin of 36.71% compared to Devon Energy's net margin of 22.27%. Devon Energy's return on equity of 29.02% beat Diamondback Energy's return on equity.
Devon Energy pays an annual dividend of $0.88 per share and has a dividend yield of 1.8%. 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.
Devon Energy currently has a consensus price target of $58.56, indicating a potential upside of 16.83%. Diamondback Energy has a consensus price target of $205.68, indicating a potential upside of 1.73%. Given Devon Energy's stronger consensus rating and higher possible upside, equities research analysts clearly believe Devon Energy is more favorable than Diamondback Energy.
In the previous week, Devon Energy had 7 more articles in the media than Diamondback Energy. MarketBeat recorded 25 mentions for Devon Energy and 18 mentions for Diamondback Energy. Devon Energy's average media sentiment score of 0.96 beat Diamondback Energy's score of 0.65 indicating that Devon Energy is being referred to more favorably in the media.
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, hedge funds and endowments believe a company is poised for long-term growth.
Summary
Devon Energy beats Diamondback Energy on 11 of the 20 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.
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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