Devon Energy (DVN) vs EOG Resources (EOG)
Head-to-head comparison of performance, valuation, growth, profitability and dividends. Prices delayed 15 minutes; data as of Oct 7, 2026.
Summary
Devon Energy (DVN) has outperformed EOG Resources (EOG) over the past year, gaining 36.8% versus a gain of 30.6%. Over five years, EOG leads with a +60.9% price change compared with +19.4% for DVN. EOG Resources is the larger company by market cap ($75.64 billion vs $52.67 billion), about 1.4 times the size, while Devon Energy is growing revenue faster (+7.8% vs -4.5%).
On valuation, Devon Energy trades at a lower forward P/E (8.8x vs 9.4x for EOG Resources). EOG Resources offers the higher dividend yield (2.83% vs 2.17%). EOG Resources converts more of its revenue into profit, with a net margin of 22.0% versus 15.4%.
Summary generated from market data by MetaCap's automated system. Methodology
Relative performance
Percent change in share price from the first common trading day shown; excludes dividends.
Head-to-head
| Metric | DVN | EOG |
|---|---|---|
| Share price | $47.88 | $144.21 |
| Market cap | $52.67B | $75.64B |
| 1-day change | -0.29% | -0.05% |
| YTD return | +30.71% | +37.33% |
| 1-year return | +36.84% | +30.57% |
| 5-year return | +19.40% | +60.91% |
| P/E ratio (TTM) | 10.43 | 11.22 |
| Forward P/E | 8.82 | 9.40 |
| EPS (TTM) | $4.59 | $12.85 |
| Dividend yield | 2.17% | 2.83% |
| Annual dividend | $1.04 | $4.08 |
| Revenue (latest FY) | $17.19B | $22.63B |
| Revenue growth (YoY) | +7.83% | -4.50% |
| Net income (latest FY) | $2.64B | $4.98B |
| Operating margin | — | 28.21% |
| Net margin | 15.37% | 22.00% |
| 52-week high | $52.71 | $154.16 |
| 52-week low | $31.47 | $101.59 |
| Distance from 52-week high | -9.16% | -6.45% |
| Analyst consensus | strong_buy | buy |
| Avg. price target upside | +26.50% | +13.72% |
| Average volume | 11.05M | 3.07M |
| Shares outstanding | 1.10B | 524.53M |
| Employees | 2,200 | 3,400 |
| Sector | Energy | Energy |
| Industry | Oil & Gas Production | Oil & Gas Production |
Highlighted cells mark the higher value for growth, returns, margins and yield, and the lower value for P/E ratios. Highlighting is a mechanical comparison, not a recommendation.
Key differences
- EOG Resources is more profitable, keeping 22.0 cents of every revenue dollar as net income versus 15.4 cents for Devon Energy.
- Devon Energy grew revenue faster in its latest fiscal year (+7.83% vs -4.50%).
About Devon Energy
DVN stock →Devon Energy Corporation, an independent energy company, engages in the exploration, development, and production of oil, natural gas, and natural gas liquids in the United States. The company operates in Delaware Basin located in southeast New Mexico and west Texas, Eagle Ford located in North America, Anadarko Basin located in western Oklahoma, Williston Basin located in North Dakota, and Powder River Basin located in Wyoming.
Energy · Oil & Gas Production · 2,200 employees
About EOG Resources
EOG stock →EOG Resources, Inc., together with its subsidiaries, explores for, develops, produces, and markets crude oil, natural gas liquids, and natural gas in producing basins in the United States, the Republic of Trinidad and Tobago, and internationally. The company also offers crude oil and condensate, and gathering, processing and marketing.
Energy · Oil & Gas Production · 3,400 employees
DVN vs EOG FAQ
Which is bigger, Devon Energy or EOG Resources?
EOG Resources (EOG) is larger, with a market capitalization of $75.64B compared with $52.67B for Devon Energy (DVN).
Which stock has performed better over the past year, DVN or EOG?
DVN returned +36.84% over the past 12 months, compared with +30.57% for EOG (price return, excluding dividends). Past performance does not predict future results.
Which has the lower P/E ratio, DVN or EOG?
DVN has the lower trailing P/E at 10.4, versus 11.2 for EOG. A lower P/E is not by itself a sign of a better investment; it can reflect slower expected growth or higher risk.
Which pays a higher dividend, Devon Energy or EOG Resources?
EOG Resources has the higher yield at 2.83%, compared with 2.17% for Devon Energy.
Are Devon Energy and EOG Resources in the same industry?
Yes. Both are classified in the Oil & Gas Production industry within the Energy sector.