Devon Energy (DVN) vs EQT (EQT)
Head-to-head comparison of performance, valuation, growth, profitability and dividends. Prices delayed 15 minutes; data as of Oct 8, 2026.
Summary
Devon Energy (DVN) has outperformed EQT (EQT) over the past year, gaining 39.9% versus a loss of 8.5%. Over five years, EQT leads with a +164.1% price change compared with +22.0% for DVN. Devon Energy is the larger company by market cap ($53.81 billion vs $33.11 billion), about 1.6 times the size, while EQT is growing revenue faster (+63.9% vs +7.8%).
On valuation, Devon Energy trades at a lower forward P/E (9.0x vs 14.0x for EQT). Devon Energy offers the higher dividend yield (2.13% vs 1.23%). EQT converts more of its revenue into profit, with a net margin of 23.6% 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 | EQT |
|---|---|---|
| Share price | $48.92 | $52.94 |
| Market cap | $53.81B | $33.11B |
| 1-day change | +2.17% | +1.20% |
| YTD return | +33.55% | -2.41% |
| 1-year return | +39.89% | -8.48% |
| 5-year return | +22.00% | +164.06% |
| P/E ratio (TTM) | 10.66 | 12.28 |
| Forward P/E | 9.01 | 14.04 |
| EPS (TTM) | $4.59 | $4.31 |
| Dividend yield | 2.13% | 1.23% |
| Annual dividend | $1.04 | $0.653 |
| Revenue (latest FY) | $17.19B | $8.64B |
| Revenue growth (YoY) | +7.83% | +63.92% |
| Net income (latest FY) | $2.64B | $2.04B |
| Gross margin | — | 82.28% |
| Operating margin | — | 37.59% |
| Net margin | 15.37% | 23.59% |
| 52-week high | $52.71 | $68.24 |
| 52-week low | $31.47 | $47.94 |
| Distance from 52-week high | -7.19% | -22.42% |
| Analyst consensus | strong_buy | strong_buy |
| Avg. price target upside | +23.81% | +26.92% |
| Average volume | 10.86M | 7.18M |
| Shares outstanding | 1.10B | 625.52M |
| Employees | 2,200 | 1,523 |
| 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
- DVN has outperformed EQT by 48.4 percentage points over the past year.
- EQT is more profitable, keeping 23.6 cents of every revenue dollar as net income versus 15.4 cents for Devon Energy.
- EQT grew revenue faster in its latest fiscal year (+63.92% vs +7.83%).
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 EQT
EQT stock →EQT Corporation engages in the exploration, production, gathering, and transmission of hydrocarbons and natural gas. The company sells natural gas, natural gas liquids, and oil to marketers, utilities, and industrial customers located in the Appalachian Basin.
Energy · Oil & Gas Production · 1,523 employees
DVN vs EQT FAQ
Which is bigger, Devon Energy or EQT?
Devon Energy (DVN) is larger, with a market capitalization of $53.81B compared with $33.11B for EQT (EQT).
Which stock has performed better over the past year, DVN or EQT?
DVN returned +39.89% over the past 12 months, compared with -8.48% for EQT (price return, excluding dividends). Past performance does not predict future results.
Which has the lower P/E ratio, DVN or EQT?
DVN has the lower trailing P/E at 10.7, versus 12.3 for EQT. 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 EQT?
Devon Energy has the higher yield at 2.13%, compared with 1.23% for EQT.
Are Devon Energy and EQT in the same industry?
Yes. Both are classified in the Oil & Gas Production industry within the Energy sector.