Seek Returns

DVN vs. FANG: Devon Energy vs. Diamondback Energy Stock Comparison

How do Devon Energy (DVN) and Diamondback Energy (FANG) 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 Diamondback Energy (FANG) 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.

Company profile comparison for Devon Energy (DVN) and Diamondback Energy (FANG)
Profile ItemDVNFANG
NameDevon Energy CorporationDiamondback Energy Inc.
Country/RegionUnited StatesUnited States
GICS SectorEnergyEnergy
GICS Industry GroupEnergyEnergy
GICS IndustryOil, Gas & Consumable FuelsOil, Gas & Consumable Fuels
GICS Sub-IndustryOil & Gas Exploration & ProductionOil & Gas Exploration & Production
Market Capitalization48.11 billion USD49.96 billion USD
CurrencyUSDUSD
ExchangeNYSENasdaq
Listing DateJuly 22, 1985October 12, 2012
Security TypeCommon StockCommon Stock

Price Performance

Cumulative Growth

DVN
FANG
GSPC
Loading price history…
Devon Energy (DVN) vs. Diamondback Energy (FANG), with S&P 500 (GSPC) for reference: Growth of a $10,000 investment over the past five years. Adjusted for dividends and splits.

Trailing Returns

Loading price history…
Trailing total returns for Devon Energy (DVN) and Diamondback Energy (FANG). Returns over one year are annualized.

Calendar-Year Returns

Loading price history…
Calendar-year total returns for Devon Energy (DVN) and Diamondback Energy (FANG). Each bar is that year's total return, measured year-end to year-end.

Performance Metrics

Price performance metrics for Devon Energy (DVN) and Diamondback Energy (FANG)
MetricDVNFANG
Total Return (1Y)28.98%26.99%
Total Return (3Y, Annualized)1.94%8.52%
Total Return (5Y, Annualized)4.07%14.17%

Risk Profile

Drawdown History

DVN
FANG
GSPC
Loading price history…
Devon Energy (DVN) vs. Diamondback Energy (FANG), with S&P 500 (GSPC) for reference: Drawdown from the running peak over the past five years. Each line shows the decline from its prior peak; 0% marks a new high.

Return Distribution

Loading price history…
Distribution of monthly total returns for Devon Energy (DVN) and Diamondback Energy (FANG). Each bar is the share of months whose return fell in that 5% bucket.

Risk Metrics

Risk profile metrics for Devon Energy (DVN) and Diamondback Energy (FANG)
MetricDVNFANG
Volatility (1Y, Annualized)35.86%33.77%
Beta (5Y)0.510.53
Max Drawdown (5Y)-60.83%-42.10%
Avg. Volume (3M)10.82M2.38M

Risk-Adjusted Performance

Risk-Return Positioning

Loading chart…
DVN and FANG are plotted by 1-year volatility (risk) and 1-year return. The dashed Capital Allocation Line runs from the risk-free rate through the shared industry median.

Risk-Adjusted Metrics

Risk-adjusted metrics for Devon Energy (DVN) and Diamondback Energy (FANG)
MetricDVNFANG
Sharpe Ratio (1Y)0.690.67
Sortino Ratio (1Y)0.990.97

Profitability

ROE (TTM)

Both Devon Energy (DVN) at 12.56% and Diamondback Energy (FANG) at 4.86% 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%

FANG

Energy industry group

4.86%

Max
53.85%
Q3
24.79%
Median
12.85%
FANG
4.86%
Q1
2.03%
Min
-29.09%
Loading chart…
Devon Energy (DVN) vs. Diamondback Energy (FANG): A comparison of their ROE against the Energy industry group benchmark.

Net Margin (TTM)

Both Devon Energy (DVN) at 16.29% and Diamondback Energy (FANG) at 11.62% 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%

FANG

Energy industry group

11.62%

Max
56.92%
Q3
22.92%
FANG
11.62%
Median
10.10%
Q1
0.07%
Min
-27.38%
Loading chart…
Devon Energy (DVN) vs. Diamondback Energy (FANG): A comparison of their net margin against the Energy industry group benchmark.

Operating Margin (TTM)

Diamondback Energy (FANG) at 44.95% 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%

FANG

Energy industry group

44.95%

Max
71.31%
FANG
44.95%
Q3
33.75%
Median
18.73%
Q1
6.94%
Min
-24.52%
Loading chart…
Devon Energy (DVN) vs. Diamondback Energy (FANG): A comparison of their operating margin against the Energy industry group benchmark.

Profitability Metrics

Profitability metrics for Devon Energy (DVN) and Diamondback Energy (FANG)
MetricDVNFANG
ROE (TTM)12.56%4.86%
ROA (TTM)6.52%2.07%
Net Margin (TTM)16.29%11.62%
Operating Margin (TTM)19.84%44.95%
Gross Margin (TTM)53.48%73.62%

Growth

Revenue Growth

Diamondback Energy (FANG) at 35.44% 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 FANG.

Loading chart…
Devon Energy (DVN) vs. Diamondback Energy (FANG): A comparison of their Revenue Growth across different time periods.

EPS Growth

Devon Energy (DVN) at -8.55% is around its peer norm for EPS growth, while Diamondback Energy (FANG) at -63.10% drops into the bottom quartile, signaling weaker earnings momentum.

Loading chart…
Devon Energy (DVN) vs. Diamondback Energy (FANG): A comparison of their EPS Growth across different time periods.

Growth Metrics

Growth metrics for Devon Energy (DVN) and Diamondback Energy (FANG)
MetricDVNFANG
Revenue Growth (YoY)7.83%35.44%
Revenue Growth (3Y CAGR)-3.57%15.99%
EPS Growth (YoY)-8.55%-63.10%
EPS Growth (3Y CAGR)-22.96%-38.48%

Financial Strength

Current Ratio (MRQ)

Both Devon Energy (DVN) at 0.70 and Diamondback Energy (FANG) at 0.55 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

FANG

Energy industry group

0.55

Max
3.64
Q3
2.21
Median
1.41
Q1
0.88
FANG
0.55
Min
0.24
Loading chart…
Devon Energy (DVN) vs. Diamondback Energy (FANG): A comparison of their current ratio against the Energy industry group benchmark.

Debt / Equity (MRQ)

Both Devon Energy (DVN) at 0.26 and Diamondback Energy (FANG) at 0.29 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

FANG

Energy industry group

0.29

Max
1.75
Q3
0.93
Median
0.54
Q1
0.30
FANG
0.29
Min
0.00
Loading chart…
Devon Energy (DVN) vs. Diamondback Energy (FANG): A comparison of their debt-to-equity ratio against the Energy industry group benchmark.

Financial Strength Metrics

Financial strength metrics for Devon Energy (DVN) and Diamondback Energy (FANG)
MetricDVNFANG
Current Ratio (MRQ)0.700.55
Debt / Equity (MRQ)0.260.29
Net Debt / EBITDA1.050.99

Dividends

Dividend Yield (TTM)

Both Devon Energy (DVN) at 2.61% and Diamondback Energy (FANG) at 2.47% 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%

FANG

Energy industry group

2.47%

Max
8.57%
Q3
3.58%
FANG
2.47%
Median
1.71%
Q1
0.00%
Min
0.00%
Loading chart…
Devon Energy (DVN) vs. Diamondback Energy (FANG): A comparison of their dividend yield against the Energy industry group benchmark.

Dividend Payout Ratio (TTM)

Devon Energy (DVN) at 26.29% pays out a band-typical share of earnings, while Diamondback Energy (FANG) at 57.20% distributes more than its industry norm — less retained, thinner cover.

DVN

Energy industry group

26.29%

Max
133.24%
Q3
53.31%
DVN
26.29%
Median
25.24%
Q1
0.00%
Min
0.00%

FANG

Energy industry group

57.20%

Max
133.24%
FANG
57.20%
Q3
53.31%
Median
25.24%
Q1
0.00%
Min
0.00%
Loading chart…
Devon Energy (DVN) vs. Diamondback Energy (FANG): A comparison of their payout ratio against the Energy industry group benchmark.

Dividend Metrics

Dividend metrics for Devon Energy (DVN) and Diamondback Energy (FANG)
MetricDVNFANG
Dividend Yield (TTM)2.61%2.47%
Dividend Payout Ratio (TTM)26.29%57.20%

Valuation

P/E Ratio (TTM)

Devon Energy (DVN) at 9.91 is near its industry’s usual P/E ratio, while Diamondback Energy (FANG) at 24.09 sits in the richer quartile — FANG 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

FANG

Energy industry group

24.09

Max
39.54
FANG
24.09
Q3
21.72
Median
12.19
Q1
7.71
Min
2.99
Loading chart…
Devon Energy (DVN) vs. Diamondback Energy (FANG): A comparison of their P/E ratio against the Energy industry group benchmark.

P/S Ratio (TTM)

On P/S ratio, both Devon Energy (DVN) at 2.18 and Diamondback Energy (FANG) at 2.83 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

FANG

Energy industry group

2.83

Max
5.40
Q3
2.85
FANG
2.83
Median
1.69
Q1
0.88
Min
0.00
Loading chart…
Devon Energy (DVN) vs. Diamondback Energy (FANG): A comparison of their P/S ratio against the Energy industry group benchmark.

P/B Ratio (MRQ)

On P/B ratio, both Devon Energy (DVN) at 1.15 and Diamondback Energy (FANG) at 1.28 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

FANG

Energy industry group

1.28

Max
4.21
Q3
2.38
Median
1.51
FANG
1.28
Q1
1.08
Min
0.01
Loading chart…
Devon Energy (DVN) vs. Diamondback Energy (FANG): A comparison of their P/B ratio against the Energy industry group benchmark.

Valuation Metrics

Valuation metrics for Devon Energy (DVN) and Diamondback Energy (FANG)
MetricDVNFANG
P/E Ratio (TTM)9.9124.09
P/S Ratio (TTM)2.182.83
P/B Ratio (MRQ)1.151.28
Free Cash Flow Yield (TTM)3.11%12.09%