Oil & Gas Exploration & Production
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COP vs EOG vs DVN vs FANG
Revenue, margins, valuation, and 5-year total return — side by side.
Oil & Gas Exploration & Production
Oil & Gas Exploration & Production
Oil & Gas Exploration & Production
COP vs EOG vs DVN vs FANG — 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 | $150.31B | $75.44B | $31.69B | $58.00B |
| Revenue (TTM) | $58.31B | $23.48B | $16.61B | $15.19B |
| Net Income (TTM) | $7.32B | $5.50B | $2.64B | $403M |
| Gross Margin | 29.2% | 48.5% | 22.7% | 41.8% |
| Operating Margin | 18.3% | 36.9% | 19.8% | 22.1% |
| Forward P/E | 13.8x | 9.8x | 8.9x | 10.9x |
| Total Debt | $23.44B | $8.41B | $8.78B | $14.49B |
| Cash & Equiv. | $6.50B | $3.40B | $1.43B | $106M |
COP vs EOG vs DVN vs FANG — Long-Term Stock Performance
Price return indexed to 100 at period start. Dividends excluded.
| Stock | May 20 | May 26 | Return |
|---|---|---|---|
| ConocoPhillips (COP) | 100 | 281.9 | +181.9% |
| EOG Resources, Inc. (EOG) | 100 | 264.3 | +164.3% |
| Devon Energy Corpor… (DVN) | 100 | 431.1 | +331.1% |
| Diamondback Energy,… (FANG) | 100 | 458.2 | +358.2% |
Price return only. Dividends and distributions are not included.
Quick Verdict: COP vs EOG vs DVN vs FANG
Each card shows where this stock fits in a portfolio — not just who wins on paper.
COP is the clearest fit if your priority is income & stability and long-term compounding.
- Dividend streak 1 yrs, beta 0.08, yield 2.6%
- 240.9% 10Y total return vs FANG's 174.6%
- Beta 0.08, yield 2.6%, current ratio 1.30x
EOG carries the broadest edge in this set and is the clearest fit for quality and dividends.
- 23.4% margin vs FANG's 2.7%
- 2.8% yield, 1-year raise streak, vs COP's 2.6%
- 10.8% ROA vs FANG's 0.6%, ROIC 19.1% vs 6.7%
DVN is the #2 pick in this set and the best alternative if growth exposure and sleep-well-at-night is your priority.
- 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
- Lower P/E (8.9x vs 10.9x)
- Beta 0.05 vs FANG's 0.09
FANG is the clearest fit if your priority is growth.
- 36.3% revenue growth vs EOG's -3.5%
See the full category breakdown
| Category | Winner | Why |
|---|---|---|
| Growth | 36.3% revenue growth vs EOG's -3.5% | |
| Value | Lower P/E (8.9x vs 10.9x) | |
| Quality / Margins | 23.4% margin vs FANG's 2.7% | |
| Stability / Safety | Beta 0.05 vs FANG's 0.09 | |
| Dividends | 2.8% yield, 1-year raise streak, vs COP's 2.6% | |
| Momentum (1Y) | +69.7% vs EOG's +33.5% | |
| Efficiency (ROA) | 10.8% ROA vs FANG's 0.6%, ROIC 19.1% vs 6.7% |
COP vs EOG vs DVN vs FANG — Revenue Breakdown by Segment
How each company's revenue is distributed across its business units
COP vs EOG vs DVN vs FANG — Financial Metrics
Side-by-side numbers across 4 stocks — who leads on profitability, valuation, growth, and risk.
Who Leads Where
EOG leads in 3 of 6 categories
DVN leads 1 • FANG leads 1 • COP leads 0 • 1 tied
Explore the data ↓Income & Cash Flow (Last 12 Months)
EOG leads this category, winning 5 of 6 comparable metrics.
Income & Cash Flow (Last 12 Months)
COP is the larger business by revenue, generating $58.3B annually — 3.8x FANG's $15.2B. EOG is the more profitable business, keeping 23.4% of every revenue dollar as net income compared to FANG's 2.7%. On growth, EOG holds the edge at +15.7% YoY revenue growth, suggesting stronger near-term business momentum.
| Metric | ||||
|---|---|---|---|---|
| RevenueTrailing 12 months | $58.3B | $23.5B | $16.6B | $15.2B |
| EBITDAEarnings before interest/tax | $22.4B | $13.6B | $6.9B | $8.6B |
| Net IncomeAfter-tax profit | $7.3B | $5.5B | $2.6B | $403M |
| Free Cash FlowCash after capex | $18.3B | $4.2B | $3.0B | $1.6B |
| Gross MarginGross profit ÷ Revenue | +29.2% | +48.5% | +22.7% | +41.8% |
| Operating MarginEBIT ÷ Revenue | +18.3% | +36.9% | +19.8% | +22.1% |
| Net MarginNet income ÷ Revenue | +12.6% | +23.4% | +15.9% | +2.7% |
| FCF MarginFCF ÷ Revenue | +31.4% | +18.0% | +18.4% | +10.5% |
| Rev. Growth (YoY)Latest quarter vs prior year | -2.5% | +15.7% | -6.3% | +5.2% |
| EPS Growth (YoY)Latest quarter vs prior year | -20.2% | +39.6% | -9.1% | -98.3% |
Valuation Metrics
DVN leads this category, winning 4 of 6 comparable metrics.
Valuation Metrics
At 12.1x trailing earnings, DVN trades at a 66% valuation discount to FANG's 36.0x P/E. On an enterprise value basis, DVN's 5.3x EV/EBITDA is more attractive than FANG's 7.3x.
| Metric | ||||
|---|---|---|---|---|
| Market CapShares × price | $150.3B | $75.4B | $31.7B | $58.0B |
| Enterprise ValueMkt cap + debt − cash | $167.3B | $80.5B | $39.0B | $72.4B |
| Trailing P/EPrice ÷ TTM EPS | 19.42x | 15.46x | 12.14x | 35.98x |
| Forward P/EPrice ÷ next-FY EPS est. | 13.76x | 9.81x | 8.85x | 10.94x |
| PEG RatioP/E ÷ EPS growth rate | — | — | — | — |
| EV / EBITDAEnterprise value multiple | 7.22x | 6.35x | 5.26x | 7.27x |
| Price / SalesMarket cap ÷ Revenue | 2.56x | 3.34x | 1.85x | 3.86x |
| Price / BookPrice ÷ Book value/share | 2.40x | 2.55x | 2.07x | 1.39x |
| Price / FCFMarket cap ÷ FCF | 8.96x | 19.20x | 10.16x | 11.08x |
Profitability & Efficiency
EOG leads this category, winning 7 of 9 comparable metrics.
Profitability & Efficiency
EOG delivers a 18.3% return on equity — every $100 of shareholder capital generates $18 in annual profit, vs $1 for FANG. EOG carries lower financial leverage with a 0.28x debt-to-equity ratio, signaling a more conservative balance sheet compared to DVN's 0.57x. On the Piotroski fundamental quality scale (0–9), COP scores 6/9 vs FANG's 4/9, reflecting solid financial health.
| Metric | ||||
|---|---|---|---|---|
| ROE (TTM)Return on equity | +11.3% | +18.3% | +17.3% | +0.9% |
| ROA (TTM)Return on assets | +6.0% | +10.8% | +8.4% | +0.6% |
| ROICReturn on invested capital | +10.4% | +19.1% | +12.3% | +6.7% |
| ROCEReturn on capital employed | +10.4% | +17.6% | +13.8% | +7.6% |
| Piotroski ScoreFundamental quality 0–9 | 6 | 4 | 5 | 4 |
| Debt / EquityFinancial leverage | 0.36x | 0.28x | 0.57x | 0.34x |
| Net DebtTotal debt minus cash | $16.9B | $5.0B | $7.3B | $14.4B |
| Cash & Equiv.Liquid assets | $6.5B | $3.4B | $1.4B | $106M |
| Total DebtShort + long-term debt | $23.4B | $8.4B | $8.8B | $14.5B |
| Interest CoverageEBIT ÷ Interest expense | 9.42x | 1.66x | 7.42x | 0.66x |
Total Returns (Dividends Reinvested)
FANG leads this category, winning 4 of 6 comparable metrics.
Total Returns (Dividends Reinvested)
A $10,000 investment in FANG five years ago would be worth $28,612 today (with dividends reinvested), compared to $21,991 for EOG. Over the past 12 months, DVN leads with a +69.7% total return vs EOG's +33.5%. The 3-year compound annual growth rate (CAGR) favors FANG at 19.1% vs DVN's 3.4% — a key indicator of consistent wealth creation.
| Metric | ||||
|---|---|---|---|---|
| YTD ReturnYear-to-date | +28.4% | +33.2% | +35.3% | +36.0% |
| 1-Year ReturnPast 12 months | +44.5% | +33.5% | +69.7% | +58.0% |
| 3-Year ReturnCumulative with dividends | +32.8% | +34.5% | +10.4% | +69.1% |
| 5-Year ReturnCumulative with dividends | +154.1% | +119.9% | +151.1% | +186.1% |
| 10-Year ReturnCumulative with dividends | +240.9% | +113.7% | +109.6% | +174.6% |
| CAGR (3Y)Annualised 3-year return | +9.9% | +10.4% | +3.4% | +19.1% |
Risk & Volatility
Evenly matched — EOG and DVN each lead in 1 of 2 comparable metrics.
Risk & Volatility
EOG is the less volatile stock with a -0.07 beta — it tends to amplify market swings less than FANG's 0.09 beta. A beta below 1.0 means the stock typically moves less than the S&P 500. DVN currently trades 96.7% from its 52-week high vs COP's 90.8% drawdown — a narrower gap to the peak suggests stronger recent price momentum.
| Metric | ||||
|---|---|---|---|---|
| Beta (5Y)Sensitivity to S&P 500 | 0.08x | -0.07x | 0.05x | 0.09x |
| 52-Week HighHighest price in past year | $135.87 | $151.87 | $52.71 | $214.51 |
| 52-Week LowLowest price in past year | $84.28 | $101.59 | $29.70 | $127.75 |
| % of 52W HighCurrent price vs 52-week peak | +90.8% | +92.7% | +96.7% | +96.1% |
| RSI (14)Momentum oscillator 0–100 | 52.9 | 60.8 | 64.4 | 75.0 |
| Avg Volume (50D)Average daily shares traded | 9.4M | 4.8M | 14.4M | 3.4M |
Analyst Outlook
EOG leads this category, winning 2 of 2 comparable metrics.
Analyst Outlook
Analyst consensus: COP as "Buy", EOG as "Buy", DVN as "Buy", FANG as "Buy". Consensus price targets imply 5.5% upside for DVN (target: $54) vs -2.4% for FANG (target: $201). For income investors, EOG offers the higher dividend yield at 2.85% vs DVN's 1.93%.
| Metric | ||||
|---|---|---|---|---|
| Analyst RatingConsensus buy/hold/sell | Buy | Buy | Buy | Buy |
| Price TargetConsensus 12-month target | $127.07 | $137.93 | $53.78 | $201.27 |
| # AnalystsCovering analysts | 52 | 66 | 64 | 51 |
| Dividend YieldAnnual dividend ÷ price | +2.6% | +2.8% | +1.9% | +1.9% |
| Dividend StreakConsecutive years of raises | 1 | 1 | 0 | 0 |
| Dividend / ShareAnnual DPS | $3.19 | $4.01 | $0.98 | $4.00 |
| Buyback YieldShare repurchases ÷ mkt cap | +3.3% | +3.4% | +3.3% | +3.5% |
EOG leads in 3 of 6 categories (Income & Cash Flow, Profitability & Efficiency). DVN leads in 1 (Valuation Metrics). 1 tied.
COP vs EOG vs DVN vs FANG: Key Questions Answered
10 questions · data-driven answers · updated daily
01Is COP or EOG or DVN or FANG a better buy right now?
For growth investors, Diamondback Energy, Inc.
(FANG) is the stronger pick with 36. 3% revenue growth year-over-year, versus -3. 5% for EOG Resources, Inc. (EOG). Devon Energy Corporation (DVN) offers the better valuation at 12. 1x trailing P/E (8. 9x forward), making it the more compelling value choice. Analysts rate ConocoPhillips (COP) a "Buy" — based on 52 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 — COP or EOG or DVN or FANG?
On trailing P/E, Devon Energy Corporation (DVN) is the cheapest at 12.
1x versus Diamondback Energy, Inc. at 36. 0x. On forward P/E, Devon Energy Corporation is actually cheaper at 8. 9x.
03Which is the better long-term investment — COP or EOG or DVN or FANG?
Over the past 5 years, Diamondback Energy, Inc.
(FANG) delivered a total return of +186. 1%, compared to +119. 9% for EOG Resources, Inc. (EOG). Over 10 years, the gap is even starker: COP returned +234. 2% versus DVN's +94. 3%. 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 — COP or EOG or DVN or FANG?
By beta (market sensitivity over 5 years), EOG Resources, Inc.
(EOG) is the lower-risk stock at -0. 07β versus Diamondback Energy, Inc. 's 0. 09β — meaning FANG is approximately -222% more volatile than EOG relative to the S&P 500. On balance sheet safety, EOG Resources, Inc. (EOG) carries a lower debt/equity ratio of 28% versus 57% for Devon Energy Corporation — giving it more financial flexibility in a downturn.
05Which is growing faster — COP or EOG or DVN or FANG?
By revenue growth (latest reported year), Diamondback Energy, Inc.
(FANG) is pulling ahead at 36. 3% versus -3. 5% for EOG Resources, Inc. (EOG). On earnings-per-share growth, the picture is similar: Devon Energy Corporation grew EPS -8. 1% year-over-year, compared to -63. 1% for Diamondback Energy, Inc.. Over a 3-year CAGR, FANG leads at 16. 2% 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 — COP or EOG or DVN or FANG?
EOG Resources, Inc.
(EOG) is the more profitable company, earning 22. 1% net margin versus 11. 1% for Diamondback Energy, Inc. — meaning it keeps 22. 1% of every revenue dollar as bottom-line profit. Operating margin tells a similar story: EOG leads at 35. 1% versus 19. 6% for COP. At the gross margin level — before operating expenses — EOG leads at 68. 1%, 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 COP or EOG or DVN or FANG more undervalued right now?
On forward earnings alone, Devon Energy Corporation (DVN) trades at 8.
9x forward P/E versus 13. 8x for ConocoPhillips — 4. 9x cheaper on a one-year earnings basis. Analyst consensus price targets imply the most upside for DVN: 5. 5% to $53. 78.
08Which pays a better dividend — COP or EOG or DVN or FANG?
All stocks in this comparison pay dividends.
EOG Resources, Inc. (EOG) offers the highest yield at 2. 8%, versus 1. 9% for Devon Energy Corporation (DVN).
09Is COP or EOG or DVN or FANG better for a retirement portfolio?
For long-horizon retirement investors, EOG Resources, Inc.
(EOG) is the stronger choice — it scores higher on the combination of lower volatility, dividend reliability, and long-term compounding (low volatility (β -0. 07), 2. 8% yield, +113. 7% 10Y return). Both have compounded well over 10 years (EOG: +113. 7%, DVN: +94. 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 COP and EOG and DVN and FANG?
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: COP is a mid-cap quality compounder stock; EOG is a mid-cap deep-value stock; DVN is a mid-cap deep-value stock; FANG is a mid-cap high-growth 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.
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