DVN vs. ENB: Devon Energy vs. Enbridge Stock Comparison
How do Devon Energy (DVN) and Enbridge (ENB) stack up? This page sets them side by side across company profile, performance and risk, profitability, growth, financial strength, dividends, and valuation, with selected fundamentals also measured against each stock's industry-group peers.
Company Profile
Devon Energy (DVN) and Enbridge (ENB) both belong to the Oil, Gas & Consumable Fuels industry, though DVN is classified under Oil & Gas Exploration & Production while ENB falls under Oil & Gas Storage & Transportation.
| Profile Item | DVN | ENB |
|---|---|---|
| Name | Devon Energy Corporation | Enbridge Inc. |
| Country/Region | United States | Canada |
| GICS Sector | Energy | Energy |
| GICS Industry Group | Energy | Energy |
| GICS Industry | Oil, Gas & Consumable Fuels | Oil, Gas & Consumable Fuels |
| GICS Sub-Industry | Oil & Gas Exploration & Production | Oil & Gas Storage & Transportation |
| Market Capitalization | 48.11 billion USD | 104.51 billion USD |
| Currency | USD | USD |
| Exchange | NYSE | NYSE |
| Listing Date | July 22, 1985 | March 15, 1984 |
| Security Type | Common Stock | Common Stock |
Price Performance
Cumulative Growth
Trailing Returns
Calendar-Year Returns
Performance Metrics
| Metric | DVN | ENB |
|---|---|---|
| Total Return (1Y) | 28.98% | 3.49% |
| Total Return (3Y, Annualized) | 1.94% | 19.14% |
| Total Return (5Y, Annualized) | 4.07% | 8.72% |
Risk Profile
Drawdown History
Return Distribution
Risk Metrics
| Metric | DVN | ENB |
|---|---|---|
| Volatility (1Y, Annualized) | 35.86% | 18.30% |
| Beta (5Y) | 0.51 | 0.59 |
| Max Drawdown (5Y) | -60.83% | -28.31% |
| Avg. Volume (3M) | 10.82M | 5.05M |
Risk-Adjusted Performance
Risk-Return Positioning
Risk-Adjusted Metrics
| Metric | DVN | ENB |
|---|---|---|
| Sharpe Ratio (1Y) | 0.69 | -0.04 |
| Sortino Ratio (1Y) | 0.99 | -0.06 |
Profitability
ROE (TTM)
Both Devon Energy (DVN) at 12.56% and Enbridge (ENB) at 9.22% land near their industries’ usual ROE ranges, so capital efficiency looks broadly in line with peers on both sides.
DVN
Energy industry group
12.56%
- Max
- 53.85%
- Q3
- 24.79%
- Median
- 12.85%
- DVN
- 12.56%
- Q1
- 2.03%
- Min
- -29.09%
ENB
Energy industry group
9.22%
- Max
- 53.85%
- Q3
- 24.79%
- Median
- 12.85%
- ENB
- 9.22%
- Q1
- 2.03%
- Min
- -29.09%
Net Margin (TTM)
Both Devon Energy (DVN) at 16.29% and Enbridge (ENB) at 7.34% keep about the typical share of revenue as profit for their industries — neither bottom line stands out from peers.
DVN
Energy industry group
16.29%
- Max
- 56.92%
- Q3
- 22.92%
- DVN
- 16.29%
- Median
- 10.10%
- Q1
- 0.07%
- Min
- -27.38%
ENB
Energy industry group
7.34%
- Max
- 56.92%
- Q3
- 22.92%
- Median
- 10.10%
- ENB
- 7.34%
- Q1
- 0.07%
- Min
- -27.38%
Operating Margin (TTM)
Both Devon Energy (DVN) at 19.84% and Enbridge (ENB) at 10.16% run core operations about as efficiently as their industries’ norm — neither stands out on operating profitability.
DVN
Energy industry group
19.84%
- Max
- 71.31%
- Q3
- 33.75%
- DVN
- 19.84%
- Median
- 18.73%
- Q1
- 6.94%
- Min
- -24.52%
ENB
Energy industry group
10.16%
- Max
- 71.31%
- Q3
- 33.75%
- Median
- 18.73%
- ENB
- 10.16%
- Q1
- 6.94%
- Min
- -24.52%
Profitability Metrics
| Metric | DVN | ENB |
|---|---|---|
| ROE (TTM) | 12.56% | 9.22% |
| ROA (TTM) | 6.52% | 3.29% |
| Net Margin (TTM) | 16.29% | 7.34% |
| Operating Margin (TTM) | 19.84% | 10.16% |
| Gross Margin (TTM) | 53.48% | 32.59% |
Growth
Revenue Growth
Enbridge (ENB) at 21.92% sits in the top revenue growth quartile, while Devon Energy (DVN) at 7.83% is closer to the peer norm — faster top-line expansion for ENB.
EPS Growth
Enbridge (ENB) at 37.61% sits in the top EPS growth quartile, while Devon Energy (DVN) at -8.55% is closer to the peer norm — faster per-share earnings growth for ENB.
Growth Metrics
| Metric | DVN | ENB |
|---|---|---|
| Revenue Growth (YoY) | 7.83% | 21.92% |
| Revenue Growth (3Y CAGR) | -3.57% | 6.94% |
| EPS Growth (YoY) | -8.55% | 37.61% |
| EPS Growth (3Y CAGR) | -22.96% | 36.00% |
Financial Strength
Current Ratio (MRQ)
Both Devon Energy (DVN) at 0.70 and Enbridge (ENB) at 0.72 run current ratio in the tighter-liquidity quartile of industry peers, leaving thinner cushions against current liabilities than typical competitors.
DVN
Energy industry group
0.70
- Max
- 3.64
- Q3
- 2.21
- Median
- 1.41
- Q1
- 0.88
- DVN
- 0.70
- Min
- 0.24
ENB
Energy industry group
0.72
- Max
- 3.64
- Q3
- 2.21
- Median
- 1.41
- Q1
- 0.88
- ENB
- 0.72
- Min
- 0.24
Debt / Equity (MRQ)
Devon Energy (DVN) at 0.26 keeps leverage in the lower quartile, while Enbridge (ENB) at 1.63 sits in the higher-leverage quartile.
DVN
Energy industry group
0.26
- Max
- 1.75
- Q3
- 0.93
- Median
- 0.54
- Q1
- 0.30
- DVN
- 0.26
- Min
- 0.00
ENB
Energy industry group
1.63
- Max
- 1.75
- ENB
- 1.63
- Q3
- 0.93
- Median
- 0.54
- Q1
- 0.30
- Min
- 0.00
Financial Strength Metrics
| Metric | DVN | ENB |
|---|---|---|
| Current Ratio (MRQ) | 0.70 | 0.72 |
| Debt / Equity (MRQ) | 0.26 | 1.63 |
| Net Debt / EBITDA | 1.05 | 6.33 |
Dividends
Dividend Yield (TTM)
Enbridge (ENB) pays no dividend (yield 0.00%) — it may be reinvesting, using buybacks, or simply not returning cash through dividends. Meanwhile Devon Energy (DVN) reports a yield of 2.61%, ranking against industry peers normally.
DVN
Energy industry group
2.61%
- Max
- 8.57%
- Q3
- 3.58%
- DVN
- 2.61%
- Median
- 1.71%
- Q1
- 0.00%
- Min
- 0.00%
ENB
Energy industry group
0.00%
- Max
- 8.57%
- Q3
- 3.58%
- Median
- 1.71%
- ENB
- 0.00%
- Q1
- 0.00%
- Min
- 0.00%
Dividend Payout Ratio (TTM)
Enbridge (ENB) reports payout ratio above 100% at 147.68%, meaning dividends exceeded current-period earnings and sustainability needs extra context. Meanwhile Devon Energy (DVN) reports 26.29%, ranking against industry peers normally.
DVN
Energy industry group
26.29%
- Max
- 133.24%
- Q3
- 53.31%
- DVN
- 26.29%
- Median
- 25.24%
- Q1
- 0.00%
- Min
- 0.00%
ENB
Energy industry group
147.68%
- ENB
- 147.68%
- Max
- 133.24%
- Q3
- 53.31%
- Median
- 25.24%
- Q1
- 0.00%
- Min
- 0.00%
Dividend Metrics
| Metric | DVN | ENB |
|---|---|---|
| Dividend Yield (TTM) | 2.61% | 0.00% |
| Dividend Payout Ratio (TTM) | 26.29% | 147.68% |
Valuation
P/E Ratio (TTM)
Devon Energy (DVN) at 9.91 is near its industry’s usual P/E ratio, while Enbridge (ENB) at 22.65 sits in the richer quartile — ENB needs stronger growth or earnings quality to justify the premium.
DVN
Energy industry group
9.91
- Max
- 39.54
- Q3
- 21.72
- Median
- 12.19
- DVN
- 9.91
- Q1
- 7.71
- Min
- 2.99
ENB
Energy industry group
22.65
- Max
- 39.54
- ENB
- 22.65
- Q3
- 21.72
- Median
- 12.19
- Q1
- 7.71
- Min
- 2.99
P/S Ratio (TTM)
On P/S ratio, both Devon Energy (DVN) at 2.18 and Enbridge (ENB) at 1.25 are priced roughly in line with their industries — neither looks cheap nor rich on a sales basis.
DVN
Energy industry group
2.18
- Max
- 5.40
- Q3
- 2.85
- DVN
- 2.18
- Median
- 1.69
- Q1
- 0.88
- Min
- 0.00
ENB
Energy industry group
1.25
- Max
- 5.40
- Q3
- 2.85
- Median
- 1.69
- ENB
- 1.25
- Q1
- 0.88
- Min
- 0.00
P/B Ratio (MRQ)
Devon Energy (DVN) at 1.15 is valued about in line with its industry on P/B ratio, while Enbridge (ENB) at 2.59 carries an above-peer premium to book — ENB is pricier on assets.
DVN
Energy industry group
1.15
- Max
- 4.21
- Q3
- 2.38
- Median
- 1.51
- DVN
- 1.15
- Q1
- 1.08
- Min
- 0.01
ENB
Energy industry group
2.59
- Max
- 4.21
- ENB
- 2.59
- Q3
- 2.38
- Median
- 1.51
- Q1
- 1.08
- Min
- 0.01
Valuation Metrics
| Metric | DVN | ENB |
|---|---|---|
| P/E Ratio (TTM) | 9.91 | 22.65 |
| P/S Ratio (TTM) | 2.18 | 1.25 |
| P/B Ratio (MRQ) | 1.15 | 2.59 |
| Free Cash Flow Yield (TTM) | 3.11% | -1.01% |