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DVN vs. PR: Devon Energy vs. Permian Resources Stock Comparison

How do Devon Energy (DVN) and Permian Resources (PR) 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 Permian Resources (PR) 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 Permian Resources (PR)
Profile ItemDVNPR
NameDevon Energy CorporationPermian Resources Corp Class A Common Stock
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 USD18.24 billion USD
CurrencyUSDUSD
ExchangeNYSENYSE
Listing DateJuly 22, 1985April 15, 2016
Security TypeCommon StockCommon Stock

Price Performance

Cumulative Growth

DVN
PR
GSPC
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Devon Energy (DVN) vs. Permian Resources (PR), 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

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Trailing total returns for Devon Energy (DVN) and Permian Resources (PR). Returns over one year are annualized.

Calendar-Year Returns

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Calendar-year total returns for Devon Energy (DVN) and Permian Resources (PR). Each bar is that year's total return, measured year-end to year-end.

Performance Metrics

Price performance metrics for Devon Energy (DVN) and Permian Resources (PR)
MetricDVNPR
Total Return (1Y)28.98%69.18%
Total Return (3Y, Annualized)1.94%23.63%
Total Return (5Y, Annualized)4.07%26.41%

Risk Profile

Drawdown History

DVN
PR
GSPC
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Devon Energy (DVN) vs. Permian Resources (PR), 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

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Distribution of monthly total returns for Devon Energy (DVN) and Permian Resources (PR). Each bar is the share of months whose return fell in that 5% bucket.

Risk Metrics

Risk profile metrics for Devon Energy (DVN) and Permian Resources (PR)
MetricDVNPR
Volatility (1Y, Annualized)35.86%34.59%
Beta (5Y)0.510.65
Max Drawdown (5Y)-60.83%-44.31%
Avg. Volume (3M)10.82M9.78M

Risk-Adjusted Performance

Risk-Return Positioning

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DVN and PR 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 Permian Resources (PR)
MetricDVNPR
Sharpe Ratio (1Y)0.691.88
Sortino Ratio (1Y)0.992.73

Profitability

ROE (TTM)

Both Devon Energy (DVN) at 12.56% and Permian Resources (PR) at 13.95% 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%

PR

Energy industry group

13.95%

Max
53.85%
Q3
24.79%
PR
13.95%
Median
12.85%
Q1
2.03%
Min
-29.09%
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Devon Energy (DVN) vs. Permian Resources (PR): A comparison of their ROE against the Energy industry group benchmark.

Net Margin (TTM)

Permian Resources (PR) at 25.04% 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%

PR

Energy industry group

25.04%

Max
56.92%
PR
25.04%
Q3
22.92%
Median
10.10%
Q1
0.07%
Min
-27.38%
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Devon Energy (DVN) vs. Permian Resources (PR): A comparison of their net margin against the Energy industry group benchmark.

Operating Margin (TTM)

Both Devon Energy (DVN) at 19.84% and Permian Resources (PR) at 29.59% 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%

PR

Energy industry group

29.59%

Max
71.31%
Q3
33.75%
PR
29.59%
Median
18.73%
Q1
6.94%
Min
-24.52%
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Devon Energy (DVN) vs. Permian Resources (PR): A comparison of their operating margin against the Energy industry group benchmark.

Profitability Metrics

Profitability metrics for Devon Energy (DVN) and Permian Resources (PR)
MetricDVNPR
ROE (TTM)12.56%13.95%
ROA (TTM)6.52%7.73%
Net Margin (TTM)16.29%25.04%
Operating Margin (TTM)19.84%29.59%
Gross Margin (TTM)53.48%77.14%

Growth

Revenue Growth

Both Devon Energy (DVN) at 7.83% and Permian Resources (PR) at 1.29% land near their industries' usual revenue growth ranges, so top-line momentum looks broadly in line with peers on both sides.

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Devon Energy (DVN) vs. Permian Resources (PR): A comparison of their Revenue Growth across different time periods.

EPS Growth

Both Devon Energy (DVN) at -8.55% and Permian Resources (PR) at -11.72% land near their industries' usual EPS growth ranges, so bottom-line momentum looks broadly in line with peers on both sides.

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Devon Energy (DVN) vs. Permian Resources (PR): A comparison of their EPS Growth across different time periods.

Growth Metrics

Growth metrics for Devon Energy (DVN) and Permian Resources (PR)
MetricDVNPR
Revenue Growth (YoY)7.83%1.29%
Revenue Growth (3Y CAGR)-3.57%33.45%
EPS Growth (YoY)-8.55%-11.72%
EPS Growth (3Y CAGR)-22.96%-7.36%

Financial Strength

Current Ratio (MRQ)

Both Devon Energy (DVN) at 0.70 and Permian Resources (PR) at 0.50 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

PR

Energy industry group

0.50

Max
3.64
Q3
2.21
Median
1.41
Q1
0.88
PR
0.50
Min
0.24
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Devon Energy (DVN) vs. Permian Resources (PR): A comparison of their current ratio against the Energy industry group benchmark.

Debt / Equity (MRQ)

Both Devon Energy (DVN) at 0.26 and Permian Resources (PR) at 0.26 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

PR

Energy industry group

0.26

Max
1.75
Q3
0.93
Median
0.54
Q1
0.30
PR
0.26
Min
0.00
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Devon Energy (DVN) vs. Permian Resources (PR): 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 Permian Resources (PR)
MetricDVNPR
Current Ratio (MRQ)0.700.50
Debt / Equity (MRQ)0.260.26
Net Debt / EBITDA1.050.71

Dividends

Dividend Yield (TTM)

Both Devon Energy (DVN) at 2.61% and Permian Resources (PR) at 2.95% 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%

PR

Energy industry group

2.95%

Max
8.57%
Q3
3.58%
PR
2.95%
Median
1.71%
Q1
0.00%
Min
0.00%
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Devon Energy (DVN) vs. Permian Resources (PR): A comparison of their dividend yield against the Energy industry group benchmark.

Dividend Payout Ratio (TTM)

Both Devon Energy (DVN) at 26.29% and Permian Resources (PR) at 32.64% 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%

PR

Energy industry group

32.64%

Max
133.24%
Q3
53.31%
PR
32.64%
Median
25.24%
Q1
0.00%
Min
0.00%
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Devon Energy (DVN) vs. Permian Resources (PR): A comparison of their payout ratio against the Energy industry group benchmark.

Dividend Metrics

Dividend metrics for Devon Energy (DVN) and Permian Resources (PR)
MetricDVNPR
Dividend Yield (TTM)2.61%2.95%
Dividend Payout Ratio (TTM)26.29%32.64%

Valuation

P/E Ratio (TTM)

Both Devon Energy (DVN) at 9.91 and Permian Resources (PR) at 11.27 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

PR

Energy industry group

11.27

Max
39.54
Q3
21.72
Median
12.19
PR
11.27
Q1
7.71
Min
2.99
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Devon Energy (DVN) vs. Permian Resources (PR): A comparison of their P/E ratio against the Energy industry group benchmark.

P/S Ratio (TTM)

Devon Energy (DVN) at 2.18 is priced about in line with its industry on P/S ratio, while Permian Resources (PR) at 2.86 sits in the pricier quartile — PR 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

PR

Energy industry group

2.86

Max
5.40
PR
2.86
Q3
2.85
Median
1.69
Q1
0.88
Min
0.00
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Devon Energy (DVN) vs. Permian Resources (PR): 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 Permian Resources (PR) at 1.48 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

PR

Energy industry group

1.48

Max
4.21
Q3
2.38
Median
1.51
PR
1.48
Q1
1.08
Min
0.01
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Devon Energy (DVN) vs. Permian Resources (PR): A comparison of their P/B ratio against the Energy industry group benchmark.

Valuation Metrics

Valuation metrics for Devon Energy (DVN) and Permian Resources (PR)
MetricDVNPR
P/E Ratio (TTM)9.9111.27
P/S Ratio (TTM)2.182.86
P/B Ratio (MRQ)1.151.48
Free Cash Flow Yield (TTM)3.11%2.10%