Devon Energy Corporation (DVN) vs EOG Resources, Inc. (EOG)

Devon Energy Corporation and EOG Resources, Inc. are both Oil & Gas E&P companies. EOG Resources, Inc. is the larger, with a market value of $74.2B against $53.3B — 1.4× the size. EOG Resources, Inc. trades at the lower P/E: 10.9× against 11.1×. EOG Resources, Inc. grew revenue faster over the last twelve months: 19.1% against 14.6%. EOG Resources, Inc. has the higher net margin (25.4% vs 16.7%) and the higher return on invested capital (16.0% vs 5.05%). Both pay a dividend; Devon Energy Corporation yields more (6.72% vs 4.75%). Across the 22 metrics below, EOG Resources, Inc. leads on 16 and Devon Energy Corporation on 6.

Valuation

Metric DVN EOG Oil & Gas E&P median
P/E 11.12 10.85 10.57
P/S 2.24 2.73 1.80
P/B 1.06 2.32 1.27
Price to free cash flow 27.43 10.90 9.99
EV/EBITDA 6.56 5.59 5.08
EV/Sales 2.77 2.84 2.39
Earnings yield 8.99% 9.21% 6.06%
Free cash flow yield 3.65% 9.17% 6.17%

Profitability

Metric DVN EOG Oil & Gas E&P median
Gross margin 79.45% 100.00% 80.41%
Operating margin 21.39% 32.95% 21.39%
Net margin 16.67% 25.44% 14.17%
Free cash flow margin 8.17% 25.06% 9.71%
Return on equity 11.50% 22.51% 10.05%
Return on assets 6.41% 13.61% 5.81%
Return on invested capital 5.05% 15.96% 6.32%

Growth

Metric DVN EOG Oil & Gas E&P median
Revenue growth (TTM) 14.64% 19.07% 9.94%
EPS growth (last fiscal year) (8.55%) (18.93%) —
Revenue growth, 5-year CAGR 28.91% 15.46% 18.67%
Net income growth, 5-year CAGR 0.00% 0.00% 0.00%

Health

Metric DVN EOG Oil & Gas E&P median
Debt to equity 0.27 0.25 0.28
Current ratio 0.72 1.85 0.96
Net debt to EBITDA 0.99 0.42 0.91

Dividend

Metric DVN EOG Oil & Gas E&P median
Dividend yield 6.72% 4.75% 4.93%
Payout ratio 0.62 0.21 0.07

Size

Metric DVN EOG Oil & Gas E&P median
Market cap 53.28b 74.17b 923.59m

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