DVN vs. PBA: Devon Energy vs. Pembina Pipeline Stock Comparison
How do Devon Energy (DVN) and Pembina Pipeline (PBA) 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 Pembina Pipeline (PBA) both belong to the Oil, Gas & Consumable Fuels industry, though DVN is classified under Oil & Gas Exploration & Production while PBA falls under Oil & Gas Storage & Transportation.
| Profile Item | DVN | PBA |
|---|---|---|
| Name | Devon Energy Corporation | Pembina Pipeline Corp. |
| 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 | 28.08 billion USD |
| Currency | USD | USD |
| Exchange | NYSE | NYSE |
| Listing Date | July 22, 1985 | October 6, 2010 |
| Security Type | Common Stock | Common Stock |
Price Performance
Cumulative Growth
Trailing Returns
Calendar-Year Returns
Performance Metrics
| Metric | DVN | PBA |
|---|---|---|
| Total Return (1Y) | 28.98% | 35.84% |
| Total Return (3Y, Annualized) | 1.94% | 20.26% |
| Total Return (5Y, Annualized) | 4.07% | 12.46% |
Risk Profile
Drawdown History
Return Distribution
Risk Metrics
Devon Energy (DVN) is heavily traded at around 10.82M shares per day, whereas Pembina Pipeline (PBA) sees a more moderate 993.87K — larger orders in the latter may require more patience and tighter control over order sizing.
| Metric | DVN | PBA |
|---|---|---|
| Volatility (1Y, Annualized) | 35.86% | 20.43% |
| Beta (5Y) | 0.51 | 0.59 |
| Max Drawdown (5Y) | -60.83% | -27.37% |
| Avg. Volume (3M) | 10.82M | 993.87K |
Risk-Adjusted Performance
Risk-Return Positioning
Risk-Adjusted Metrics
| Metric | DVN | PBA |
|---|---|---|
| Sharpe Ratio (1Y) | 0.69 | 1.54 |
| Sortino Ratio (1Y) | 0.99 | 2.32 |
Profitability
ROE (TTM)
Both Devon Energy (DVN) at 12.56% and Pembina Pipeline (PBA) at 12.10% 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%
PBA
Energy industry group
12.10%
- Max
- 53.85%
- Q3
- 24.79%
- Median
- 12.85%
- PBA
- 12.10%
- Q1
- 2.03%
- Min
- -29.09%
Net Margin (TTM)
Pembina Pipeline (PBA) at 24.78% 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%
PBA
Energy industry group
24.78%
- Max
- 56.92%
- PBA
- 24.78%
- Q3
- 22.92%
- Median
- 10.10%
- Q1
- 0.07%
- Min
- -27.38%
Operating Margin (TTM)
Both Devon Energy (DVN) at 19.84% and Pembina Pipeline (PBA) at 32.63% 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%
PBA
Energy industry group
32.63%
- Max
- 71.31%
- Q3
- 33.75%
- PBA
- 32.63%
- Median
- 18.73%
- Q1
- 6.94%
- Min
- -24.52%
Profitability Metrics
| Metric | DVN | PBA |
|---|---|---|
| ROE (TTM) | 12.56% | 12.10% |
| ROA (TTM) | 6.52% | 4.65% |
| Net Margin (TTM) | 16.29% | 24.78% |
| Operating Margin (TTM) | 19.84% | 32.63% |
| Gross Margin (TTM) | 53.48% | 38.23% |
Growth
Revenue Growth
Both Devon Energy (DVN) at 7.83% and Pembina Pipeline (PBA) at 5.34% 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 Pembina Pipeline (PBA) at -11.33% 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 | PBA |
|---|---|---|
| Revenue Growth (YoY) | 7.83% | 5.34% |
| Revenue Growth (3Y CAGR) | -3.57% | -12.50% |
| EPS Growth (YoY) | -8.55% | -11.33% |
| EPS Growth (3Y CAGR) | -22.96% | -19.61% |
Financial Strength
Current Ratio (MRQ)
Both Devon Energy (DVN) at 0.70 and Pembina Pipeline (PBA) at 0.75 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
PBA
Energy industry group
0.75
- Max
- 3.64
- Q3
- 2.21
- Median
- 1.41
- Q1
- 0.88
- PBA
- 0.75
- Min
- 0.24
Debt / Equity (MRQ)
Devon Energy (DVN) at 0.26 keeps leverage in the lower industry quartile, while Pembina Pipeline (PBA) at 0.80 runs a more typical debt-to-equity mix.
DVN
Energy industry group
0.26
- Max
- 1.75
- Q3
- 0.93
- Median
- 0.54
- Q1
- 0.30
- DVN
- 0.26
- Min
- 0.00
PBA
Energy industry group
0.80
- Max
- 1.75
- Q3
- 0.93
- PBA
- 0.80
- Median
- 0.54
- Q1
- 0.30
- Min
- 0.00
Financial Strength Metrics
| Metric | DVN | PBA |
|---|---|---|
| Current Ratio (MRQ) | 0.70 | 0.75 |
| Debt / Equity (MRQ) | 0.26 | 0.80 |
| Net Debt / EBITDA | 1.05 | 3.74 |
Dividends
Dividend Yield (TTM)
Pembina Pipeline (PBA) at 6.13% delivers top-quartile income for its industry, while Devon Energy (DVN) at 2.61% pays a more typical yield — both are credible income propositions, PBA the richer one.
DVN
Energy industry group
2.61%
- Max
- 8.57%
- Q3
- 3.58%
- DVN
- 2.61%
- Median
- 1.71%
- Q1
- 0.00%
- Min
- 0.00%
PBA
Energy industry group
6.13%
- Max
- 8.57%
- PBA
- 6.13%
- Q3
- 3.58%
- Median
- 1.71%
- Q1
- 0.00%
- Min
- 0.00%
Dividend Payout Ratio (TTM)
Devon Energy (DVN) at 26.29% pays out a band-typical share of earnings, while Pembina Pipeline (PBA) at 86.79% 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%
PBA
Energy industry group
86.79%
- Max
- 133.24%
- PBA
- 86.79%
- Q3
- 53.31%
- Median
- 25.24%
- Q1
- 0.00%
- Min
- 0.00%
Dividend Metrics
| Metric | DVN | PBA |
|---|---|---|
| Dividend Yield (TTM) | 2.61% | 6.13% |
| Dividend Payout Ratio (TTM) | 26.29% | 86.79% |
Valuation
P/E Ratio (TTM)
Both Devon Energy (DVN) at 9.91 and Pembina Pipeline (PBA) at 20.12 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
PBA
Energy industry group
20.12
- Max
- 39.54
- Q3
- 21.72
- PBA
- 20.12
- Median
- 12.19
- Q1
- 7.71
- Min
- 2.99
P/S Ratio (TTM)
Devon Energy (DVN) at 2.18 is priced about in line with its industry on P/S ratio, while Pembina Pipeline (PBA) at 3.36 sits in the pricier quartile — PBA costs more per dollar of sales.
DVN
Energy industry group
2.18
- Max
- 5.40
- Q3
- 2.85
- DVN
- 2.18
- Median
- 1.69
- Q1
- 0.88
- Min
- 0.00
PBA
Energy industry group
3.36
- Max
- 5.40
- PBA
- 3.36
- Q3
- 2.85
- Median
- 1.69
- 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 Pembina Pipeline (PBA) at 2.55 carries an above-peer premium to book — PBA 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
PBA
Energy industry group
2.55
- Max
- 4.21
- PBA
- 2.55
- Q3
- 2.38
- Median
- 1.51
- Q1
- 1.08
- Min
- 0.01
Valuation Metrics
| Metric | DVN | PBA |
|---|---|---|
| P/E Ratio (TTM) | 9.91 | 20.12 |
| P/S Ratio (TTM) | 2.18 | 3.36 |
| P/B Ratio (MRQ) | 1.15 | 2.55 |
| Free Cash Flow Yield (TTM) | 3.11% | 5.53% |