Oil & Gas Exploration & Production
Compare Stocks
4 / 10Stock Comparison
APA vs OVV vs DVN vs COP
Revenue, margins, valuation, and 5-year total return — side by side.
Oil & Gas Exploration & Production
Oil & Gas Exploration & Production
Oil & Gas Exploration & Production
APA vs OVV vs DVN vs COP — Key Financials
Market cap, revenue, margins, and valuation side-by-side.
| Company Snapshot | ||||
|---|---|---|---|---|
| Industry | Oil & Gas Exploration & Production | Oil & Gas Exploration & Production | Oil & Gas Exploration & Production | Oil & Gas Exploration & Production |
| Market Cap | $13.54B | $15.17B | $28.96B | $144.92B |
| Revenue (TTM) | $8.92B | $8.79B | $12.24B | $58.31B |
| Net Income (TTM) | $1.43B | $1.24B | $2.15B | $7.32B |
| Gross Margin | 38.1% | 47.1% | 21.8% | 29.2% |
| Operating Margin | 30.9% | 12.6% | 18.9% | 18.3% |
| Forward P/E | 7.0x | 7.7x | 8.9x | 13.8x |
| Total Debt | $4.81B | $7.53B | $8.78B | $23.44B |
| Cash & Equiv. | $516M | $35M | $1.43B | $6.50B |
APA vs OVV vs DVN vs COP — Long-Term Stock Performance
Price return indexed to 100 at period start. Dividends excluded.
| Stock | May 20 | May 26 | Return |
|---|---|---|---|
| APA Corporation (APA) | 100 | 355.0 | +255.0% |
| Ovintiv Inc. (OVV) | 100 | 778.9 | +678.9% |
| Devon Energy Corpor… (DVN) | 100 | 431.1 | +331.1% |
| ConocoPhillips (COP) | 100 | 281.9 | +181.9% |
Price return only. Dividends and distributions are not included.
Quick Verdict: APA vs OVV vs DVN vs COP
Each card shows where this stock fits in a portfolio — not just who wins on paper.
APA is the #2 pick in this set and the best alternative if value and momentum is your priority.
- Lower P/E (7.0x vs 13.8x)
- +149.8% vs COP's +39.4%
OVV is the clearest fit if your priority is dividends.
- 2.0% yield, 5-year raise streak, vs COP's 2.7%
DVN carries the broadest edge in this set and is the clearest fit for growth exposure and sleep-well-at-night.
- Rev growth 10.0%, EPS growth -8.1%, 3Y rev CAGR -4.8%
- Lower volatility, beta 0.05, Low D/E 56.6%, current ratio 0.98x
- 10.0% revenue growth vs APA's -8.4%
- 17.6% margin vs COP's 12.6%
COP is the clearest fit if your priority is income & stability and long-term compounding.
- Dividend streak 1 yrs, beta 0.08, yield 2.7%
- 234.2% 10Y total return vs OVV's 114.3%
- Beta 0.08, yield 2.7%, current ratio 1.30x
See the full category breakdown
| Category | Winner | Why |
|---|---|---|
| Growth | 10.0% revenue growth vs APA's -8.4% | |
| Value | Lower P/E (7.0x vs 13.8x) | |
| Quality / Margins | 17.6% margin vs COP's 12.6% | |
| Stability / Safety | Beta 0.05 vs OVV's 0.22, lower leverage | |
| Dividends | 2.0% yield, 5-year raise streak, vs COP's 2.7% | |
| Momentum (1Y) | +149.8% vs COP's +39.4% | |
| Efficiency (ROA) | 9.1% ROA vs COP's 6.0%, ROIC 12.3% vs 10.4% |
APA vs OVV vs DVN vs COP — Revenue Breakdown by Segment
How each company's revenue is distributed across its business units
APA vs OVV vs DVN vs COP — Financial Metrics
Side-by-side numbers across 4 stocks — who leads on profitability, valuation, growth, and risk.
Who Leads Where
OVV leads in 2 of 6 categories
APA leads 2 • DVN leads 0 • COP leads 0 • 2 tied
Explore the data ↓Income & Cash Flow (Last 12 Months)
OVV leads this category, winning 3 of 6 comparable metrics.
Income & Cash Flow (Last 12 Months)
COP is the larger business by revenue, generating $58.3B annually — 6.6x OVV's $8.8B. Profitability is closely matched — net margins range from 17.6% (DVN) to 12.6% (COP). On growth, COP holds the edge at -2.5% YoY revenue growth, suggesting stronger near-term business momentum.
| Metric | ||||
|---|---|---|---|---|
| RevenueTrailing 12 months | $8.9B | $8.8B | $12.2B | $58.3B |
| EBITDAEarnings before interest/tax | $5.2B | $3.3B | $5.0B | $22.4B |
| Net IncomeAfter-tax profit | $1.4B | $1.2B | $2.1B | $7.3B |
| Free Cash FlowCash after capex | $1.8B | $3.6B | $2.1B | $18.3B |
| Gross MarginGross profit ÷ Revenue | +38.1% | +47.1% | +21.8% | +29.2% |
| Operating MarginEBIT ÷ Revenue | +30.9% | +12.6% | +18.9% | +18.3% |
| Net MarginNet income ÷ Revenue | +16.1% | +14.1% | +17.6% | +12.6% |
| FCF MarginFCF ÷ Revenue | +19.9% | +41.2% | +16.8% | +31.4% |
| Rev. Growth (YoY)Latest quarter vs prior year | -26.6% | -5.3% | -99.9% | -2.5% |
| EPS Growth (YoY)Latest quarter vs prior year | -17.7% | +16.8% | -75.3% | -20.2% |
Valuation Metrics
APA leads this category, winning 5 of 6 comparable metrics.
Valuation Metrics
At 9.6x trailing earnings, APA trades at a 49% valuation discount to COP's 18.7x P/E. On an enterprise value basis, APA's 3.4x EV/EBITDA is more attractive than COP's 7.0x.
| Metric | ||||
|---|---|---|---|---|
| Market CapShares × price | $13.5B | $15.2B | $29.0B | $144.9B |
| Enterprise ValueMkt cap + debt − cash | $17.8B | $22.7B | $36.3B | $161.9B |
| Trailing P/EPrice ÷ TTM EPS | 9.60x | 12.53x | 11.10x | 18.72x |
| Forward P/EPrice ÷ next-FY EPS est. | 6.95x | 7.72x | 8.85x | 13.76x |
| PEG RatioP/E ÷ EPS growth rate | — | — | — | — |
| EV / EBITDAEnterprise value multiple | 3.38x | 5.53x | 4.89x | 6.98x |
| Price / SalesMarket cap ÷ Revenue | 1.52x | 1.74x | 1.69x | 2.47x |
| Price / BookPrice ÷ Book value/share | 1.96x | 1.39x | 1.89x | 2.31x |
| Price / FCFMarket cap ÷ FCF | 7.61x | 10.08x | 9.28x | 8.64x |
Profitability & Efficiency
APA leads this category, winning 6 of 9 comparable metrics.
Profitability & Efficiency
APA delivers a 21.1% return on equity — every $100 of shareholder capital generates $21 in annual profit, vs $11 for OVV. COP carries lower financial leverage with a 0.36x debt-to-equity ratio, signaling a more conservative balance sheet compared to APA's 0.69x. On the Piotroski fundamental quality scale (0–9), OVV scores 6/9 vs DVN's 5/9, reflecting solid financial health.
| Metric | ||||
|---|---|---|---|---|
| ROE (TTM)Return on equity | +21.1% | +11.1% | +18.6% | +11.3% |
| ROA (TTM)Return on assets | +7.8% | +6.1% | +9.1% | +6.0% |
| ROICReturn on invested capital | +17.8% | +8.0% | +12.3% | +10.4% |
| ROCEReturn on capital employed | +16.7% | +11.1% | +13.8% | +10.4% |
| Piotroski ScoreFundamental quality 0–9 | 5 | 6 | 5 | 6 |
| Debt / EquityFinancial leverage | 0.69x | 0.67x | 0.57x | 0.36x |
| Net DebtTotal debt minus cash | $4.3B | $7.5B | $7.3B | $16.9B |
| Cash & Equiv.Liquid assets | $516M | $35M | $1.4B | $6.5B |
| Total DebtShort + long-term debt | $4.8B | $7.5B | $8.8B | $23.4B |
| Interest CoverageEBIT ÷ Interest expense | 11.52x | 3.06x | 7.98x | 9.42x |
Total Returns (Dividends Reinvested)
OVV leads this category, winning 3 of 6 comparable metrics.
Total Returns (Dividends Reinvested)
A $10,000 investment in OVV five years ago would be worth $25,019 today (with dividends reinvested), compared to $19,838 for APA. Over the past 12 months, APA leads with a +149.8% total return vs COP's +39.4%. The 3-year compound annual growth rate (CAGR) favors OVV at 22.0% vs DVN's 0.2% — a key indicator of consistent wealth creation.
| Metric | ||||
|---|---|---|---|---|
| YTD ReturnYear-to-date | +53.0% | +48.7% | +23.7% | +23.8% |
| 1-Year ReturnPast 12 months | +149.8% | +76.3% | +55.5% | +39.4% |
| 3-Year ReturnCumulative with dividends | +24.8% | +81.6% | +0.5% | +27.7% |
| 5-Year ReturnCumulative with dividends | +98.4% | +150.2% | +133.3% | +145.0% |
| 10-Year ReturnCumulative with dividends | -13.8% | +114.3% | +94.3% | +234.2% |
| CAGR (3Y)Annualised 3-year return | +7.7% | +22.0% | +0.2% | +8.5% |
Risk & Volatility
Evenly matched — APA and OVV each lead in 1 of 2 comparable metrics.
Risk & Volatility
APA is the less volatile stock with a -0.02 beta — it tends to amplify market swings less than OVV's 0.22 beta. A beta below 1.0 means the stock typically moves less than the S&P 500. OVV currently trades 94.4% from its 52-week high vs APA's 83.9% drawdown — a narrower gap to the peak suggests stronger recent price momentum.
| Metric | ||||
|---|---|---|---|---|
| Beta (5Y)Sensitivity to S&P 500 | -0.02x | 0.22x | 0.05x | 0.08x |
| 52-Week HighHighest price in past year | $45.66 | $63.46 | $52.71 | $135.87 |
| 52-Week LowLowest price in past year | $15.20 | $33.26 | $29.70 | $84.28 |
| % of 52W HighCurrent price vs 52-week peak | +83.9% | +94.4% | +88.4% | +87.5% |
| RSI (14)Momentum oscillator 0–100 | 60.6 | 68.0 | 62.8 | 50.2 |
| Avg Volume (50D)Average daily shares traded | 9.0M | 4.1M | 15.0M | 9.6M |
Analyst Outlook
Evenly matched — OVV and COP each lead in 1 of 2 comparable metrics.
Analyst Outlook
Analyst consensus: APA as "Hold", OVV as "Buy", DVN as "Buy", COP as "Buy". Consensus price targets imply 15.4% upside for DVN (target: $54) vs -15.2% for APA (target: $32). For income investors, COP offers the higher dividend yield at 2.68% vs OVV's 1.98%.
| Metric | ||||
|---|---|---|---|---|
| Analyst RatingConsensus buy/hold/sell | Hold | Buy | Buy | Buy |
| Price TargetConsensus 12-month target | $32.46 | $56.20 | $53.78 | $127.07 |
| # AnalystsCovering analysts | 51 | 26 | 64 | 52 |
| Dividend YieldAnnual dividend ÷ price | +2.6% | +2.0% | +2.1% | +2.7% |
| Dividend StreakConsecutive years of raises | 4 | 5 | 0 | 1 |
| Dividend / ShareAnnual DPS | $1.00 | $1.19 | $0.98 | $3.19 |
| Buyback YieldShare repurchases ÷ mkt cap | +2.1% | +2.0% | +3.6% | +3.5% |
OVV leads in 2 of 6 categories (Income & Cash Flow, Total Returns). APA leads in 2 (Valuation Metrics, Profitability & Efficiency). 2 tied.
APA vs OVV vs DVN vs COP: Key Questions Answered
10 questions · data-driven answers · updated daily
01Is APA or OVV or DVN or COP a better buy right now?
For growth investors, Devon Energy Corporation (DVN) is the stronger pick with 10.
0% revenue growth year-over-year, versus -8. 4% for APA Corporation (APA). APA Corporation (APA) offers the better valuation at 9. 6x trailing P/E (7. 0x forward), making it the more compelling value choice. Analysts rate Ovintiv Inc. (OVV) a "Buy" — based on 26 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.
02Which has the better valuation — APA or OVV or DVN or COP?
On trailing P/E, APA Corporation (APA) is the cheapest at 9.
6x versus ConocoPhillips at 18. 7x. On forward P/E, APA Corporation is actually cheaper at 7. 0x.
03Which is the better long-term investment — APA or OVV or DVN or COP?
Over the past 5 years, Ovintiv Inc.
(OVV) delivered a total return of +150. 2%, compared to +98. 4% for APA Corporation (APA). Over 10 years, the gap is even starker: COP returned +234. 2% versus APA's -13. 8%. Past returns do not guarantee future results, and the stock with the higher historical return may already have its best growth priced in.
04Which is safer — APA or OVV or DVN or COP?
By beta (market sensitivity over 5 years), APA Corporation (APA) is the lower-risk stock at -0.
02β versus Ovintiv Inc. 's 0. 22β — meaning OVV is approximately -1160% more volatile than APA relative to the S&P 500. On balance sheet safety, ConocoPhillips (COP) carries a lower debt/equity ratio of 36% versus 69% for APA Corporation — giving it more financial flexibility in a downturn.
05Which is growing faster — APA or OVV or DVN or COP?
By revenue growth (latest reported year), Devon Energy Corporation (DVN) is pulling ahead at 10.
0% versus -8. 4% for APA Corporation (APA). On earnings-per-share growth, the picture is similar: APA Corporation grew EPS 75. 0% 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.
06Which has better profit margins — APA or OVV or DVN or COP?
APA Corporation (APA) is the more profitable company, earning 16.
1% net margin versus 13. 6% for ConocoPhillips — meaning it keeps 16. 1% of every revenue dollar as bottom-line profit. Operating margin tells a similar story: APA leads at 30. 8% versus 19. 6% for COP. At the gross margin level — before operating expenses — APA leads at 37. 3%, 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.
07Is APA or OVV or DVN or COP more undervalued right now?
On forward earnings alone, APA Corporation (APA) trades at 7.
0x forward P/E versus 13. 8x for ConocoPhillips — 6. 8x cheaper on a one-year earnings basis. Analyst consensus price targets imply the most upside for DVN: 15. 4% to $53. 78.
08Which pays a better dividend — APA or OVV or DVN or COP?
All stocks in this comparison pay dividends.
ConocoPhillips (COP) offers the highest yield at 2. 7%, versus 2. 0% for Ovintiv Inc. (OVV).
09Is APA or OVV or DVN or COP better for a retirement portfolio?
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. 7% yield, +234. 2% 10Y return). Both have compounded well over 10 years (COP: +234. 2%, OVV: +114. 3%), 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.
10What are the main differences between APA and OVV and DVN and COP?
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: APA is a mid-cap deep-value stock; OVV is a mid-cap deep-value stock; 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.
Find Stocks Like These
Explore pre-built screens for each stock's profile, or build a custom screen to find stocks that outperform all of them.
You Might Also Compare
Based on how these companies actually compete and overlap — not just which sector they're filed under.