DVN vs COP

For growth investors, Devon Energy Corporation (DVN) is the stronger pick with 10.

0% revenue growth year-over-year, versus 7. 5% for ConocoPhillips (COP). Devon Energy Corporation (DVN) offers the better valuation at 12. 1x trailing P/E (9. 7x forward), making it the more compelling value choice. Analysts rate Devon Energy Corporation (DVN) a "Buy" — based on 64 analyst ratings — the highest consensus in this comparison. The "better buy" depends entirely on your goals: growth investors should weight revenue trajectory, value investors should weight P/E and PEG, and income investors should weight dividend yield and streak.

On trailing P/E, Devon Energy Corporation (DVN) is the cheapest at 12.

1x versus ConocoPhillips at 19. 4x. On forward P/E, Devon Energy Corporation is actually cheaper at 9. 7x.

Over the past 5 years, ConocoPhillips (COP) delivered a total return of +154.

1%, compared to +151. 1% for Devon Energy Corporation (DVN). Over 10 years, the gap is even starker: COP returned +240. 9% versus DVN's +109. 6%. Past returns do not guarantee future results, and the stock with the higher historical return may already have its best growth priced in.

By beta (market sensitivity over 5 years), Devon Energy Corporation (DVN) is the lower-risk stock at 0.

05β versus ConocoPhillips's 0. 08β — meaning COP is approximately 50% more volatile than DVN relative to the S&P 500. On balance sheet safety, ConocoPhillips (COP) carries a lower debt/equity ratio of 36% versus 57% for Devon Energy Corporation — giving it more financial flexibility in a downturn.

By revenue growth (latest reported year), Devon Energy Corporation (DVN) is pulling ahead at 10.

0% versus 7. 5% for ConocoPhillips (COP). On earnings-per-share growth, the picture is similar: Devon Energy Corporation grew EPS -8. 1% year-over-year, compared to -18. 7% for ConocoPhillips. Over a 3-year CAGR, DVN leads at -4. 8% annualised revenue growth. Higher growth typically commands a higher valuation multiple — check whether the premium P/E or P/S is justified by the growth rate using the PEG ratio.

Devon Energy Corporation (DVN) is the more profitable company, earning 15.

4% net margin versus 13. 6% for ConocoPhillips — meaning it keeps 15. 4% of every revenue dollar as bottom-line profit. Operating margin tells a similar story: DVN leads at 22. 0% versus 19. 6% for COP. At the gross margin level — before operating expenses — DVN leads at 24. 7%, reflecting greater pricing power or product mix advantage. Stronger margins indicate durable pricing power, lower cost of revenue, or higher mix of software/services. They are one of the clearest signs of business quality.

On forward earnings alone, Devon Energy Corporation (DVN) trades at 9.

7x forward P/E versus 14. 3x for ConocoPhillips — 4. 6x cheaper on a one-year earnings basis. Analyst consensus price targets imply the most upside for DVN: 5. 5% to $53. 78.

All stocks in this comparison pay dividends.

ConocoPhillips (COP) offers the highest yield at 2. 6%, versus 1. 9% for Devon Energy Corporation (DVN).

For long-horizon retirement investors, ConocoPhillips (COP) is the stronger choice — it scores higher on the combination of lower volatility, dividend reliability, and long-term compounding (low volatility (β 0.

08), 2. 6% yield, +240. 9% 10Y return). Both have compounded well over 10 years (COP: +240. 9%, DVN: +109. 6%), confirming both are viable long-term holds — but the lower-volatility option typically results in less emotional selling during corrections. Retirement portfolios generally favour predictability over maximum returns. Consult a financial advisor before making allocation decisions.

Both stocks operate in the Energy sector, making this a peer-level intra-sector comparison — the same macro tailwinds and headwinds will affect both.

In terms of investment character: DVN is a mid-cap deep-value stock; COP is a mid-cap quality compounder stock. These fundamental differences mean investors should not choose between them on a single metric — the "better stock" depends entirely on which of these characteristics aligns with your investment strategy.