APA vs XOM vs CVX vs DVN

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. 1x trailing P/E (6. 6x forward), making it the more compelling value choice. Analysts rate Chevron Corporation (CVX) a "Buy" — based on 53 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, APA Corporation (APA) is the cheapest at 9.

1x versus Chevron Corporation at 27. 5x. On forward P/E, APA Corporation is actually cheaper at 6. 6x.

Over the past 5 years, Exxon Mobil Corporation (XOM) delivered a total return of +164.

6%, compared to +87. 4% for APA Corporation (APA). Over 10 years, the gap is even starker: CVX returned +135. 8% versus APA's -15. 0%. 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), Exxon Mobil Corporation (XOM) is the lower-risk stock at -0.

15β versus Devon Energy Corporation's 0. 05β — meaning DVN is approximately -136% more volatile than XOM relative to the S&P 500. On balance sheet safety, Exxon Mobil Corporation (XOM) carries a lower debt/equity ratio of 16% versus 69% for APA 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 -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 -31. 8% for Chevron Corporation. 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.

APA Corporation (APA) is the more profitable company, earning 16.

1% net margin versus 6. 7% for Chevron Corporation — 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 9. 0% for CVX. 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.

On forward earnings alone, APA Corporation (APA) trades at 6.

6x forward P/E versus 15. 0x for Chevron Corporation — 8. 4x cheaper on a one-year earnings basis. Analyst consensus price targets imply the most upside for DVN: 18. 6% to $53. 78.

All stocks in this comparison pay dividends.

Chevron Corporation (CVX) offers the highest yield at 3. 8%, versus 2. 2% for Devon Energy Corporation (DVN).

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

15), 2. 7% yield, +105. 0% 10Y return). Both have compounded well over 10 years (XOM: +105. 0%, APA: -15. 0%), 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: APA is a mid-cap deep-value stock; XOM is a large-cap quality compounder stock; CVX is a large-cap income-oriented stock; DVN is a mid-cap deep-value 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.