DVN vs. EOG: Devon Energy vs. EOG Resources Stock Comparison
How do Devon Energy (DVN) and EOG Resources (EOG) 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 EOG Resources (EOG) are both classified in the Oil & Gas Exploration & Production sub-industry within the broader Oil, Gas & Consumable Fuels industry, placing them in the closest GICS peer bucket.
| Profile Item | DVN | EOG |
|---|---|---|
| Name | Devon Energy Corporation | EOG Resources, Inc. |
| Country/Region | United States | United States |
| 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 Exploration & Production |
| Market Capitalization | 48.11 billion USD | 76.28 billion USD |
| Currency | USD | USD |
| Exchange | NYSE | NYSE |
| Listing Date | July 22, 1985 | October 4, 1989 |
| Security Type | Common Stock | Common Stock |
Price Performance
Cumulative Growth
Trailing Returns
Calendar-Year Returns
Performance Metrics
| Metric | DVN | EOG |
|---|---|---|
| Total Return (1Y) | 28.98% | 45.14% |
| Total Return (3Y, Annualized) | 1.94% | 10.80% |
| Total Return (5Y, Annualized) | 4.07% | 14.14% |
Risk Profile
Drawdown History
Return Distribution
Risk Metrics
| Metric | DVN | EOG |
|---|---|---|
| Volatility (1Y, Annualized) | 35.86% | 30.35% |
| Beta (5Y) | 0.51 | 0.30 |
| Max Drawdown (5Y) | -60.83% | -33.42% |
| Avg. Volume (3M) | 10.82M | 2.98M |
Risk-Adjusted Performance
Risk-Return Positioning
Risk-Adjusted Metrics
| Metric | DVN | EOG |
|---|---|---|
| Sharpe Ratio (1Y) | 0.69 | 1.35 |
| Sortino Ratio (1Y) | 0.99 | 1.95 |
Profitability
ROE (TTM)
EOG Resources (EOG) at 25.83% sits in the top ROE quartile, while Devon Energy (DVN) at 12.56% is closer to the peer norm — stronger capital efficiency for EOG.
DVN
Energy industry group
12.56%
- Max
- 53.85%
- Q3
- 24.79%
- Median
- 12.85%
- DVN
- 12.56%
- Q1
- 2.03%
- Min
- -29.09%
EOG
Energy industry group
25.83%
- Max
- 53.85%
- EOG
- 25.83%
- Q3
- 24.79%
- Median
- 12.85%
- Q1
- 2.03%
- Min
- -29.09%
Net Margin (TTM)
EOG Resources (EOG) at 28.06% retains a top-quartile share of revenue as profit, ahead of Devon Energy (DVN) at 16.29%, which keeps about the industry-typical share.
DVN
Energy industry group
16.29%
- Max
- 56.92%
- Q3
- 22.92%
- DVN
- 16.29%
- Median
- 10.10%
- Q1
- 0.07%
- Min
- -27.38%
EOG
Energy industry group
28.06%
- Max
- 56.92%
- EOG
- 28.06%
- Q3
- 22.92%
- Median
- 10.10%
- Q1
- 0.07%
- Min
- -27.38%
Operating Margin (TTM)
EOG Resources (EOG) at 40.84% operates in the top operating margin quartile, ahead of Devon Energy (DVN) at 19.84%, which runs around its industry’s norm.
DVN
Energy industry group
19.84%
- Max
- 71.31%
- Q3
- 33.75%
- DVN
- 19.84%
- Median
- 18.73%
- Q1
- 6.94%
- Min
- -24.52%
EOG
Energy industry group
40.84%
- Max
- 71.31%
- EOG
- 40.84%
- Q3
- 33.75%
- Median
- 18.73%
- Q1
- 6.94%
- Min
- -24.52%
Profitability Metrics
| Metric | DVN | EOG |
|---|---|---|
| ROE (TTM) | 12.56% | 25.83% |
| ROA (TTM) | 6.52% | 11.90% |
| Net Margin (TTM) | 16.29% | 28.06% |
| Operating Margin (TTM) | 19.84% | 40.84% |
| Gross Margin (TTM) | 53.48% | 62.98% |
Growth
Revenue Growth
Both Devon Energy (DVN) at 7.83% and EOG Resources (EOG) at -3.40% land near their industries' usual revenue growth ranges, so top-line momentum looks broadly in line with peers on both sides.
EPS Growth
Both Devon Energy (DVN) at -8.55% and EOG Resources (EOG) at -18.93% land near their industries' usual EPS growth ranges, so bottom-line momentum looks broadly in line with peers on both sides.
Growth Metrics
| Metric | DVN | EOG |
|---|---|---|
| Revenue Growth (YoY) | 7.83% | -3.40% |
| Revenue Growth (3Y CAGR) | -3.57% | -8.51% |
| EPS Growth (YoY) | -8.55% | -18.93% |
| EPS Growth (3Y CAGR) | -22.96% | -11.64% |
Financial Strength
Current Ratio (MRQ)
EOG Resources (EOG) at 1.90 keeps current ratio within its industry’s typical mid-range, while Devon Energy (DVN) at 0.70 runs in the tighter-liquidity quartile — a thinner cushion against current liabilities for DVN.
DVN
Energy industry group
0.70
- Max
- 3.64
- Q3
- 2.21
- Median
- 1.41
- Q1
- 0.88
- DVN
- 0.70
- Min
- 0.24
EOG
Energy industry group
1.90
- Max
- 3.64
- Q3
- 2.21
- EOG
- 1.90
- Median
- 1.41
- Q1
- 0.88
- Min
- 0.24
Debt / Equity (MRQ)
Both Devon Energy (DVN) at 0.26 and EOG Resources (EOG) at 0.25 keep leverage in the lower quartile of their industries, with less balance-sheet debt relative to equity than most peers.
DVN
Energy industry group
0.26
- Max
- 1.75
- Q3
- 0.93
- Median
- 0.54
- Q1
- 0.30
- DVN
- 0.26
- Min
- 0.00
EOG
Energy industry group
0.25
- Max
- 1.75
- Q3
- 0.93
- Median
- 0.54
- Q1
- 0.30
- EOG
- 0.25
- Min
- 0.00
Financial Strength Metrics
| Metric | DVN | EOG |
|---|---|---|
| Current Ratio (MRQ) | 0.70 | 1.90 |
| Debt / Equity (MRQ) | 0.26 | 0.25 |
| Net Debt / EBITDA | 1.05 | 0.16 |
Dividends
Dividend Yield (TTM)
Both Devon Energy (DVN) at 2.61% and EOG Resources (EOG) at 2.82% pay solid, industry-typical yields, sitting squarely within their peers’ usual range.
DVN
Energy industry group
2.61%
- Max
- 8.57%
- Q3
- 3.58%
- DVN
- 2.61%
- Median
- 1.71%
- Q1
- 0.00%
- Min
- 0.00%
EOG
Energy industry group
2.82%
- Max
- 8.57%
- Q3
- 3.58%
- EOG
- 2.82%
- Median
- 1.71%
- Q1
- 0.00%
- Min
- 0.00%
Dividend Payout Ratio (TTM)
Both Devon Energy (DVN) at 26.29% and EOG Resources (EOG) at 26.34% keep payout ratio within their industries’ typical mid-ranges — dividend policies that share earnings without consuming too much of them.
DVN
Energy industry group
26.29%
- Max
- 133.24%
- Q3
- 53.31%
- DVN
- 26.29%
- Median
- 25.24%
- Q1
- 0.00%
- Min
- 0.00%
EOG
Energy industry group
26.34%
- Max
- 133.24%
- Q3
- 53.31%
- EOG
- 26.34%
- Median
- 25.24%
- Q1
- 0.00%
- Min
- 0.00%
Dividend Metrics
| Metric | DVN | EOG |
|---|---|---|
| Dividend Yield (TTM) | 2.61% | 2.82% |
| Dividend Payout Ratio (TTM) | 26.29% | 26.34% |
Valuation
P/E Ratio (TTM)
Both Devon Energy (DVN) at 9.91 and EOG Resources (EOG) at 9.50 land around their industries’ usual P/E ratio levels — neither is getting a clear earnings-multiple discount or premium versus peers.
DVN
Energy industry group
9.91
- Max
- 39.54
- Q3
- 21.72
- Median
- 12.19
- DVN
- 9.91
- Q1
- 7.71
- Min
- 2.99
EOG
Energy industry group
9.50
- Max
- 39.54
- Q3
- 21.72
- Median
- 12.19
- EOG
- 9.50
- Q1
- 7.71
- Min
- 2.99
P/S Ratio (TTM)
On P/S ratio, both Devon Energy (DVN) at 2.18 and EOG Resources (EOG) at 2.61 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
EOG
Energy industry group
2.61
- Max
- 5.40
- Q3
- 2.85
- EOG
- 2.61
- Median
- 1.69
- Q1
- 0.88
- Min
- 0.00
P/B Ratio (MRQ)
On P/B ratio, both Devon Energy (DVN) at 1.15 and EOG Resources (EOG) at 2.31 are valued close to their industries’ norm against book — neither stands out from peers.
DVN
Energy industry group
1.15
- Max
- 4.21
- Q3
- 2.38
- Median
- 1.51
- DVN
- 1.15
- Q1
- 1.08
- Min
- 0.01
EOG
Energy industry group
2.31
- Max
- 4.21
- Q3
- 2.38
- EOG
- 2.31
- Median
- 1.51
- Q1
- 1.08
- Min
- 0.01
Valuation Metrics
| Metric | DVN | EOG |
|---|---|---|
| P/E Ratio (TTM) | 9.91 | 9.50 |
| P/S Ratio (TTM) | 2.18 | 2.61 |
| P/B Ratio (MRQ) | 1.15 | 2.31 |
| Free Cash Flow Yield (TTM) | 3.11% | 7.29% |