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DVN vs. VNOM: Devon Energy vs. Viper Energy Stock Comparison

How do Devon Energy (DVN) and Viper Energy (VNOM) 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 Viper Energy (VNOM) 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 Viper Energy (VNOM)
Profile ItemDVNVNOM
NameDevon Energy CorporationViper 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 USD21.21 billion USD
CurrencyUSDUSD
ExchangeNYSENasdaq
Listing DateJuly 22, 1985June 18, 2014
Security TypeCommon StockCommon Stock

Price Performance

Cumulative Growth

DVN
VNOM
GSPC
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Devon Energy (DVN) vs. Viper Energy (VNOM), 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 Viper Energy (VNOM). Returns over one year are annualized.

Calendar-Year Returns

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

Performance Metrics

Price performance metrics for Devon Energy (DVN) and Viper Energy (VNOM)
MetricDVNVNOM
Total Return (1Y)28.98%12.89%
Total Return (3Y, Annualized)1.94%17.78%
Total Return (5Y, Annualized)4.07%18.74%

Risk Profile

Drawdown History

DVN
VNOM
GSPC
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Devon Energy (DVN) vs. Viper Energy (VNOM), 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 Viper Energy (VNOM). Each bar is the share of months whose return fell in that 5% bucket.

Risk Metrics

Risk profile metrics for Devon Energy (DVN) and Viper Energy (VNOM)
MetricDVNVNOM
Volatility (1Y, Annualized)35.86%29.71%
Beta (5Y)0.510.54
Max Drawdown (5Y)-60.83%-34.46%
Avg. Volume (3M)10.82M1.93M

Risk-Adjusted Performance

Risk-Return Positioning

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DVN and VNOM 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 Viper Energy (VNOM)
MetricDVNVNOM
Sharpe Ratio (1Y)0.690.29
Sortino Ratio (1Y)0.990.40

Profitability

ROE (TTM)

Both Devon Energy (DVN) at 12.56% and Viper Energy (VNOM) at 5.60% 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%

VNOM

Energy industry group

5.60%

Max
53.85%
Q3
24.79%
Median
12.85%
VNOM
5.60%
Q1
2.03%
Min
-29.09%
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Devon Energy (DVN) vs. Viper Energy (VNOM): A comparison of their ROE against the Energy industry group benchmark.

Net Margin (TTM)

Both Devon Energy (DVN) at 16.29% and Viper Energy (VNOM) at 12.77% 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%

VNOM

Energy industry group

12.77%

Max
56.92%
Q3
22.92%
VNOM
12.77%
Median
10.10%
Q1
0.07%
Min
-27.38%
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Devon Energy (DVN) vs. Viper Energy (VNOM): A comparison of their net margin against the Energy industry group benchmark.

Operating Margin (TTM)

Viper Energy (VNOM) at 58.79% 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%

VNOM

Energy industry group

58.79%

Max
71.31%
VNOM
58.79%
Q3
33.75%
Median
18.73%
Q1
6.94%
Min
-24.52%
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Devon Energy (DVN) vs. Viper Energy (VNOM): A comparison of their operating margin against the Energy industry group benchmark.

Profitability Metrics

Profitability metrics for Devon Energy (DVN) and Viper Energy (VNOM)
MetricDVNVNOM
ROE (TTM)12.56%5.60%
ROA (TTM)6.52%5.83%
Net Margin (TTM)16.29%12.77%
Operating Margin (TTM)19.84%58.79%
Gross Margin (TTM)53.48%100.00%

Growth

Revenue Growth

Viper Energy (VNOM) at 62.09% clears its industry range for revenue growth, far stronger top-line momentum than Devon Energy (DVN) at 7.83%, which is closer to a typical peer reading.

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Devon Energy (DVN) vs. Viper Energy (VNOM): 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 Viper Energy (VNOM) at -112.57% drops into the bottom quartile, signaling weaker earnings momentum.

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Devon Energy (DVN) vs. Viper Energy (VNOM): A comparison of their EPS Growth across different time periods.

Growth Metrics

Growth metrics for Devon Energy (DVN) and Viper Energy (VNOM)
MetricDVNVNOM
Revenue Growth (YoY)7.83%62.09%
Revenue Growth (3Y CAGR)-3.57%17.21%
EPS Growth (YoY)-8.55%-112.57%
EPS Growth (3Y CAGR)-22.96%--

Financial Strength

Current Ratio (MRQ)

Viper Energy (VNOM) at 5.92 carries current ratio above its industry’s typical mid-range, while Devon Energy (DVN) at 0.70 runs in the tighter-liquidity quartile — different working-capital profiles, both worth examining.

DVN

Energy industry group

0.70

Max
3.64
Q3
2.21
Median
1.41
Q1
0.88
DVN
0.70
Min
0.24

VNOM

Energy industry group

5.92

VNOM
5.92
Max
3.64
Q3
2.21
Median
1.41
Q1
0.88
Min
0.24
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Devon Energy (DVN) vs. Viper Energy (VNOM): A comparison of their current ratio against the Energy industry group benchmark.

Debt / Equity (MRQ)

Both Devon Energy (DVN) at 0.26 and Viper Energy (VNOM) at 0.23 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

VNOM

Energy industry group

0.23

Max
1.75
Q3
0.93
Median
0.54
Q1
0.30
VNOM
0.23
Min
0.00
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Devon Energy (DVN) vs. Viper Energy (VNOM): 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 Viper Energy (VNOM)
MetricDVNVNOM
Current Ratio (MRQ)0.705.92
Debt / Equity (MRQ)0.260.23
Net Debt / EBITDA1.051.14

Dividends

Dividend Yield (TTM)

Viper Energy (VNOM) at 5.97% delivers top-quartile income for its industry, while Devon Energy (DVN) at 2.61% pays a more typical yield — both are credible income propositions, VNOM 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%

VNOM

Energy industry group

5.97%

Max
8.57%
VNOM
5.97%
Q3
3.58%
Median
1.71%
Q1
0.00%
Min
0.00%
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Devon Energy (DVN) vs. Viper Energy (VNOM): A comparison of their dividend yield against the Energy industry group benchmark.

Dividend Payout Ratio (TTM)

Viper Energy (VNOM) reports payout ratio above 100% at 194.44%, 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%

VNOM

Energy industry group

194.44%

VNOM
194.44%
Max
133.24%
Q3
53.31%
Median
25.24%
Q1
0.00%
Min
0.00%
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Devon Energy (DVN) vs. Viper Energy (VNOM): A comparison of their payout ratio against the Energy industry group benchmark.

Dividend Metrics

Dividend metrics for Devon Energy (DVN) and Viper Energy (VNOM)
MetricDVNVNOM
Dividend Yield (TTM)2.61%5.97%
Dividend Payout Ratio (TTM)26.29%194.44%

Valuation

P/E Ratio (TTM)

Devon Energy (DVN) at 9.91 is near its industry’s usual P/E ratio, while Viper Energy (VNOM) at 32.24 sits in the richer quartile — VNOM 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

VNOM

Energy industry group

32.24

Max
39.54
VNOM
32.24
Q3
21.72
Median
12.19
Q1
7.71
Min
2.99
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Devon Energy (DVN) vs. Viper Energy (VNOM): A comparison of their P/E ratio against the Energy industry group benchmark.

P/S Ratio (TTM)

Devon Energy (DVN) at 2.18 prices around its industry’s typical P/S ratio, while Viper Energy (VNOM) at 9.82 clears its benchmark range — VNOM looks notably rich on 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

VNOM

Energy industry group

9.82

VNOM
9.82
Max
5.40
Q3
2.85
Median
1.69
Q1
0.88
Min
0.00
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Devon Energy (DVN) vs. Viper Energy (VNOM): 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 Viper Energy (VNOM) at 1.53 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

VNOM

Energy industry group

1.53

Max
4.21
Q3
2.38
VNOM
1.53
Median
1.51
Q1
1.08
Min
0.01
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Devon Energy (DVN) vs. Viper Energy (VNOM): A comparison of their P/B ratio against the Energy industry group benchmark.

Valuation Metrics

Valuation metrics for Devon Energy (DVN) and Viper Energy (VNOM)
MetricDVNVNOM
P/E Ratio (TTM)9.9132.24
P/S Ratio (TTM)2.189.82
P/B Ratio (MRQ)1.151.53
Free Cash Flow Yield (TTM)3.11%3.67%