Compare Civitas Resources, Inc. (CIVI) vs Devon Energy Corporation (DVN) Stock

Civitas Resources, Inc. (CIVI) offers the better valuation at 3.2x trailing P/E (6.8x forward), making it the more compelling value choice. Analysts rate Devon Energy Corporation (DVN) a "Buy" — based on 63 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, Civitas Resources, Inc. (CIVI) is the cheapest at 3.2x versus Devon Energy Corporation at 10.4x. On forward P/E, Civitas Resources, Inc. is actually cheaper at 6.8x.

Over the past 5 years, Devon Energy Corporation (DVN) delivered a total return of +149.8%, compared to +53.1% for Civitas Resources, Inc. (CIVI). A $10,000 investment in DVN five years ago would be worth approximately $25K today (assuming dividends reinvested). Over 10 years, the gap is even starker: DVN returned +194.4% versus CIVI's -76.2%. 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 1.24β versus Civitas Resources, Inc.'s 1.91β — meaning CIVI is approximately 54% more volatile than DVN relative to the S&P 500. On balance sheet safety, Devon Energy Corporation (DVN) carries a lower debt/equity ratio of 57% versus 68% for Civitas Resources, Inc. — giving it more financial flexibility in a downturn.

Civitas Resources, Inc. (CIVI) is the more profitable company, earning 16.1% net margin versus 15.4% for Devon Energy Corporation — meaning it keeps 16.1% of every revenue dollar as bottom-line profit. Operating margin tells a similar story: CIVI leads at 29.0% versus 22.0% for DVN. At the gross margin level — before operating expenses — CIVI leads at 41.2%, 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, Civitas Resources, Inc. (CIVI) trades at 6.8x forward P/E versus 13.5x for Devon Energy Corporation — 6.7x cheaper on a one-year earnings basis. Analyst consensus price targets imply the most upside for CIVI: 32.7% to $36.33.

All stocks in this comparison pay dividends. Civitas Resources, Inc. (CIVI) offers the highest yield at 18.2%, versus 2.3% for Devon Energy Corporation (DVN).

For long-horizon retirement investors, Devon Energy Corporation (DVN) is the stronger choice — it scores higher on the combination of lower volatility, dividend reliability, and long-term compounding (low volatility (β 1.24), 2.3% yield, +194.4% 10Y return). Civitas Resources, Inc. (CIVI) carries a higher beta of 1.91 — meaning larger drawdowns in market downturns, which matters significantly when you cannot wait years for a recovery. Both have compounded well over 10 years (DVN: +194.4%, CIVI: -76.2%), 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. 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.