Devon Energy (DVN) vs Woodside Energy Group (WDS)
Head-to-head comparison of performance, valuation, growth, profitability and dividends. Prices delayed 15 minutes; data as of Oct 8, 2026.
Summary
Woodside Energy Group (WDS) has outperformed Devon Energy (DVN) over the past year, gaining 43.0% versus a gain of 36.8%. Over five years, DVN leads with a +19.4% price change compared with +16.6% for WDS. On valuation, Devon Energy trades at a lower forward P/E (9.0x vs 12.0x for Woodside Energy Group).
Woodside Energy Group offers the higher dividend yield (5.11% vs 2.13%). Woodside Energy Group converts more of its revenue into profit, with a net margin of 20.9% 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 | WDS |
|---|---|---|
| Share price | $48.89 | $22.72 |
| Market cap | $53.77B | — |
| 1-day change | +2.10% | +4.36% |
| YTD return | +30.71% | +39.51% |
| 1-year return | +36.84% | +43.00% |
| 5-year return | +19.40% | +16.56% |
| P/E ratio (TTM) | 10.65 | 14.20 |
| Forward P/E | 9.00 | 11.97 |
| EPS (TTM) | $4.59 | $1.60 |
| Dividend yield | 2.13% | 5.11% |
| Annual dividend | $1.04 | $1.16 |
| Revenue (latest FY) | $17.19B | $12.98B |
| Revenue growth (YoY) | +7.83% | -1.48% |
| Net income (latest FY) | $2.64B | $2.72B |
| Gross margin | — | 34.94% |
| Operating margin | — | 29.95% |
| Net margin | 15.37% | 20.93% |
| 52-week high | $52.71 | $25.19 |
| 52-week low | $31.47 | $14.27 |
| Distance from 52-week high | -7.26% | -9.81% |
| Analyst consensus | strong_buy | hold |
| Avg. price target upside | +23.90% | +7.97% |
| Average volume | 10.86M | 620.61K |
| Shares outstanding | 1.10B | — |
| Employees | 2,200 | 4,693 |
| 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
- Woodside Energy Group trades at a higher earnings multiple (14.2x vs 10.7x trailing P/E).
- Woodside Energy Group offers a meaningfully higher dividend yield (5.11% vs 2.13%).
- Woodside Energy Group is more profitable, keeping 20.9 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 -1.48%).
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 Woodside Energy Group
WDS stock →Woodside Energy Group Ltd engages in the exploration, evaluation, development, production, marketing, and sale of hydrocarbons in the Asia Pacific, Africa, the Americas, and the Europe. It produces liquefied natural gas, pipeline gas, crude oil and condensate, and natural gas liquids.
Energy · Oil & Gas Production · 4,693 employees
DVN vs WDS FAQ
Which stock has performed better over the past year, DVN or WDS?
WDS returned +43.00% over the past 12 months, compared with +36.84% for DVN (price return, excluding dividends). Past performance does not predict future results.
Which has the lower P/E ratio, DVN or WDS?
DVN has the lower trailing P/E at 10.7, versus 14.2 for WDS. 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 Woodside Energy Group?
Woodside Energy Group has the higher yield at 5.11%, compared with 2.13% for Devon Energy.
Are Devon Energy and Woodside Energy Group in the same industry?
Yes. Both are classified in the Oil & Gas Production industry within the Energy sector.