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Stock Comparison

EXE vs CTRA vs DVN vs AR

Revenue, margins, valuation, and 5-year total return — side by side.

Live fundamentals10-year financials5-year price chart
EXE
Expand Energy Corporation

Oil & Gas Exploration & Production

EnergyNASDAQ • US
Market Cap$23.42B
5Y Perf.+120.5%
CTRA
Coterra Energy Inc.

Oil & Gas Exploration & Production

EnergyNYSE • US
Market Cap$24.72B
5Y Perf.+93.9%
DVN
Devon Energy Corporation

Oil & Gas Exploration & Production

EnergyNYSE • US
Market Cap$28.19B
5Y Perf.+110.6%
AR
Antero Resources Corporation

Oil & Gas Exploration & Production

EnergyNYSE • US
Market Cap$11.27B
5Y Perf.+304.1%

EXE vs CTRA vs DVN vs AR — Key Financials

Market cap, revenue, margins, and valuation side-by-side.

Company Snapshot
EXE logoEXE
CTRA logoCTRA
DVN logoDVN
AR logoAR
IndustryOil & Gas Exploration & ProductionOil & Gas Exploration & ProductionOil & Gas Exploration & ProductionOil & Gas Exploration & Production
Market Cap$23.42B$24.72B$28.19B$11.27B
Revenue (TTM)$14.10B$6.48B$12.24B$5.48B
Net Income (TTM)$3.23B$1.67B$2.15B$962M
Gross Margin53.4%40.6%21.8%26.0%
Operating Margin29.0%30.7%18.9%20.9%
Forward P/E10.9x11.5x8.6x8.3x
Total Debt$5.06B$4.01B$8.78B$5.14B
Cash & Equiv.$696M$119M$1.43B$210M

EXE vs CTRA vs DVN vs ARLong-Term Stock Performance

Price return indexed to 100 at period start. Dividends excluded.

EXE
CTRA
DVN
AR
StockFeb 21May 26Return
Expand Energy Corpo… (EXE)100220.5+120.5%
Coterra Energy Inc. (CTRA)100193.9+93.9%
Devon Energy Corpor… (DVN)100210.6+110.6%
Antero Resources Co… (AR)100404.1+304.1%

Price return only. Dividends and distributions are not included.

Quick Verdict: EXE vs CTRA vs DVN vs AR

Each card shows where this stock fits in a portfolio — not just who wins on paper.

Bottom line: EXE leads in 3 of 7 categories, making it the strongest pick for growth and revenue expansion and dividend income and shareholder returns. Coterra Energy Inc. is the stronger pick specifically for profitability and margin quality and capital preservation and lower volatility. DVN and AR also each lead in at least one category. As sector peers, any of these can serve as alternatives in the same allocation.
EXE
Expand Energy Corporation
The Income Pick

EXE carries the broadest edge in this set and is the clearest fit for income & stability and growth exposure.

  • Dividend streak 1 yrs, beta 0.14, yield 3.3%
  • Rev growth 176.0%, EPS growth 266.4%, 3Y rev CAGR 0.6%
  • 174.3% 10Y total return vs DVN's 99.0%
  • 176.0% revenue growth vs CTRA's -49.6%
Best for: income & stability and growth exposure
CTRA
Coterra Energy Inc.
The Defensive Pick

CTRA is the #2 pick in this set and the best alternative if sleep-well-at-night and defensive is your priority.

  • Lower volatility, beta 0.03, Low D/E 27.0%, current ratio 1.19x
  • Beta 0.03, yield 2.8%, current ratio 1.19x
  • 25.7% margin vs AR's 17.5%
  • Beta 0.03 vs AR's 0.24, lower leverage
Best for: sleep-well-at-night and defensive
DVN
Devon Energy Corporation
The Momentum Pick

DVN is the clearest fit if your priority is momentum.

  • +52.9% vs EXE's -8.8%
Best for: momentum
AR
Antero Resources Corporation
The Value Play

AR is the clearest fit if your priority is value.

  • Lower P/E (8.3x vs 11.5x)
Best for: value
See the full category breakdown
CategoryWinnerWhy
GrowthEXE logoEXE176.0% revenue growth vs CTRA's -49.6%
ValueAR logoARLower P/E (8.3x vs 11.5x)
Quality / MarginsCTRA logoCTRA25.7% margin vs AR's 17.5%
Stability / SafetyCTRA logoCTRABeta 0.03 vs AR's 0.24, lower leverage
DividendsEXE logoEXE3.3% yield, 1-year raise streak, vs CTRA's 2.8%, (1 stock pays no dividend)
Momentum (1Y)DVN logoDVN+52.9% vs EXE's -8.8%
Efficiency (ROA)EXE logoEXE11.4% ROA vs CTRA's 6.9%, ROIC 6.6% vs 10.9%

EXE vs CTRA vs DVN vs AR — Revenue Breakdown by Segment

How each company's revenue is distributed across its business units

EXEExpand Energy Corporation
FY 2025
Oil and Gas
42.1%$8.5B
Natural Gas Sales
37.0%$7.4B
Natural Gas, Gathering, Transportation, Marketing and Processing
15.7%$3.2B
Natural Gas Liquids Sales
3.6%$724M
Oil Sales
1.6%$319M
CTRACoterra Energy Inc.
FY 2025
Oil and Condensate
100.0%$3.7B
DVNDevon Energy Corporation
FY 2025
N G L Product Sales
100.0%$11.2B
ARAntero Resources Corporation
FY 2025
Natural Gas, Production
55.9%$2.9B
Natural Gas Liquids Sales
38.7%$2.0B
Oil and Condensate
2.9%$150M
Marketings
2.5%$126M

EXE vs CTRA vs DVN vs AR — Financial Metrics

Side-by-side numbers across 4 stocks — who leads on profitability, valuation, growth, and risk.

BEST OVERALLEXELAGGINGAR

Income & Cash Flow (Last 12 Months)

Evenly matched — EXE and CTRA each lead in 3 of 6 comparable metrics.

EXE is the larger business by revenue, generating $14.1B annually — 2.6x AR's $5.5B. CTRA is the more profitable business, keeping 25.7% of every revenue dollar as net income compared to AR's 17.5%. On growth, EXE holds the edge at +100.2% YoY revenue growth, suggesting stronger near-term business momentum.

MetricEXE logoEXEExpand Energy Cor…CTRA logoCTRACoterra Energy In…DVN logoDVNDevon Energy Corp…AR logoARAntero Resources …
RevenueTrailing 12 months$14.1B$6.5B$12.2B$5.5B
EBITDAEarnings before interest/tax$7.1B$4.4B$5.0B$1.9B
Net IncomeAfter-tax profit$3.2B$1.7B$2.1B$962M
Free Cash FlowCash after capex$2.9B$2.6B$2.1B-$1.0B
Gross MarginGross profit ÷ Revenue+53.4%+40.6%+21.8%+26.0%
Operating MarginEBIT ÷ Revenue+29.0%+30.7%+18.9%+20.9%
Net MarginNet income ÷ Revenue+22.9%+25.7%+17.6%+17.5%
FCF MarginFCF ÷ Revenue+20.3%+40.8%+16.8%-18.6%
Rev. Growth (YoY)Latest quarter vs prior year+100.2%-43.3%-99.9%+33.8%
EPS Growth (YoY)Latest quarter vs prior year+5.5%-10.3%-100.0%+160.6%
Evenly matched — EXE and CTRA each lead in 3 of 6 comparable metrics.

Valuation Metrics

DVN leads this category, winning 4 of 6 comparable metrics.

At 10.8x trailing earnings, DVN trades at a 40% valuation discount to AR's 17.9x P/E. On an enterprise value basis, DVN's 4.8x EV/EBITDA is more attractive than AR's 10.2x.

MetricEXE logoEXEExpand Energy Cor…CTRA logoCTRACoterra Energy In…DVN logoDVNDevon Energy Corp…AR logoARAntero Resources …
Market CapShares × price$23.4B$24.7B$28.2B$11.3B
Enterprise ValueMkt cap + debt − cash$27.8B$28.6B$35.5B$16.2B
Trailing P/EPrice ÷ TTM EPS12.87x14.47x10.80x17.92x
Forward P/EPrice ÷ next-FY EPS est.10.86x11.54x8.62x8.28x
PEG RatioP/E ÷ EPS growth rate0.41x
EV / EBITDAEnterprise value multiple5.54x5.93x4.79x10.23x
Price / SalesMarket cap ÷ Revenue2.01x8.98x1.65x2.25x
Price / BookPrice ÷ Book value/share1.26x1.67x1.84x1.47x
Price / FCFMarket cap ÷ FCF12.73x15.13x9.04x9.06x
DVN leads this category, winning 4 of 6 comparable metrics.

Profitability & Efficiency

Evenly matched — EXE and CTRA and DVN each lead in 3 of 9 comparable metrics.

DVN delivers a 18.6% return on equity — every $100 of shareholder capital generates $19 in annual profit, vs $11 for CTRA. CTRA carries lower financial leverage with a 0.27x debt-to-equity ratio, signaling a more conservative balance sheet compared to AR's 0.67x. On the Piotroski fundamental quality scale (0–9), EXE scores 8/9 vs DVN's 5/9, reflecting strong financial health.

MetricEXE logoEXEExpand Energy Cor…CTRA logoCTRACoterra Energy In…DVN logoDVNDevon Energy Corp…AR logoARAntero Resources …
ROE (TTM)Return on equity+17.4%+11.3%+18.6%+12.4%
ROA (TTM)Return on assets+11.4%+6.9%+9.1%+7.0%
ROICReturn on invested capital+6.6%+10.9%+12.3%+5.2%
ROCEReturn on capital employed+8.1%+11.3%+13.8%+6.8%
Piotroski ScoreFundamental quality 0–98658
Debt / EquityFinancial leverage0.27x0.27x0.57x0.67x
Net DebtTotal debt minus cash$4.4B$3.9B$7.3B$4.9B
Cash & Equiv.Liquid assets$696M$119M$1.4B$210M
Total DebtShort + long-term debt$5.1B$4.0B$8.8B$5.1B
Interest CoverageEBIT ÷ Interest expense17.53x8.88x7.98x14.47x
Evenly matched — EXE and CTRA and DVN each lead in 3 of 9 comparable metrics.

Total Returns (Dividends Reinvested)

AR leads this category, winning 3 of 6 comparable metrics.

A $10,000 investment in AR five years ago would be worth $33,645 today (with dividends reinvested), compared to $22,012 for DVN. Over the past 12 months, DVN leads with a +52.9% total return vs EXE's -8.8%. The 3-year compound annual growth rate (CAGR) favors AR at 20.3% vs DVN's -0.7% — a key indicator of consistent wealth creation.

MetricEXE logoEXEExpand Energy Cor…CTRA logoCTRACoterra Energy In…DVN logoDVNDevon Energy Corp…AR logoARAntero Resources …
YTD ReturnYear-to-date-10.7%+23.2%+20.4%+6.3%
1-Year ReturnPast 12 months-8.8%+47.9%+52.9%-0.9%
3-Year ReturnCumulative with dividends+34.6%+41.2%-2.0%+73.9%
5-Year ReturnCumulative with dividends+138.7%+125.2%+120.1%+236.4%
10-Year ReturnCumulative with dividends+174.3%+68.7%+99.0%+44.8%
CAGR (3Y)Annualised 3-year return+10.4%+12.2%-0.7%+20.3%
AR leads this category, winning 3 of 6 comparable metrics.

Risk & Volatility

CTRA leads this category, winning 2 of 2 comparable metrics.

CTRA is the less volatile stock with a 0.03 beta — it tends to amplify market swings less than AR's 0.24 beta. A beta below 1.0 means the stock typically moves less than the S&P 500. CTRA currently trades 88.3% from its 52-week high vs EXE's 76.9% drawdown — a narrower gap to the peak suggests stronger recent price momentum.

MetricEXE logoEXEExpand Energy Cor…CTRA logoCTRACoterra Energy In…DVN logoDVNDevon Energy Corp…AR logoARAntero Resources …
Beta (5Y)Sensitivity to S&P 5000.14x0.03x0.05x0.24x
52-Week HighHighest price in past year$126.62$36.88$52.71$45.75
52-Week LowLowest price in past year$91.02$22.33$29.70$29.10
% of 52W HighCurrent price vs 52-week peak+76.9%+88.3%+86.0%+79.5%
RSI (14)Momentum oscillator 0–10041.762.843.540.2
Avg Volume (50D)Average daily shares traded3.6M10.2M15.3M5.7M
CTRA leads this category, winning 2 of 2 comparable metrics.

Analyst Outlook

EXE leads this category, winning 2 of 2 comparable metrics.

Analyst consensus: EXE as "Buy", CTRA as "Buy", DVN as "Buy", AR as "Buy". Consensus price targets imply 40.3% upside for EXE (target: $137) vs 4.5% for CTRA (target: $34). For income investors, EXE offers the higher dividend yield at 3.27% vs DVN's 2.17%.

MetricEXE logoEXEExpand Energy Cor…CTRA logoCTRACoterra Energy In…DVN logoDVNDevon Energy Corp…AR logoARAntero Resources …
Analyst RatingConsensus buy/hold/sellBuyBuyBuyBuy
Price TargetConsensus 12-month target$136.70$34.00$53.78$48.89
# AnalystsCovering analysts20556450
Dividend YieldAnnual dividend ÷ price+3.3%+2.8%+2.2%
Dividend StreakConsecutive years of raises1101
Dividend / ShareAnnual DPS$3.18$0.90$0.98
Buyback YieldShare repurchases ÷ mkt cap+0.4%+0.6%+3.7%+1.2%
EXE leads this category, winning 2 of 2 comparable metrics.
Key Takeaway

DVN leads in 1 of 6 categories (Valuation Metrics). AR leads in 1 (Total Returns). 2 tied.

Best OverallExpand Energy Corporation (EXE)Leads 1 of 6 categories
Loading custom metrics...

EXE vs CTRA vs DVN vs AR: Key Questions Answered

10 questions · data-driven answers · updated daily

01

Is EXE or CTRA or DVN or AR a better buy right now?

For growth investors, Expand Energy Corporation (EXE) is the stronger pick with 176.

0% revenue growth year-over-year, versus -49. 6% for Coterra Energy Inc. (CTRA). Devon Energy Corporation (DVN) offers the better valuation at 10. 8x trailing P/E (8. 6x forward), making it the more compelling value choice. Analysts rate Expand Energy Corporation (EXE) a "Buy" — based on 20 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.

02

Which has the better valuation — EXE or CTRA or DVN or AR?

On trailing P/E, Devon Energy Corporation (DVN) is the cheapest at 10.

8x versus Antero Resources Corporation at 17. 9x. On forward P/E, Antero Resources Corporation is actually cheaper at 8. 3x — notably different from the trailing picture, reflecting expected earnings growth.

03

Which is the better long-term investment — EXE or CTRA or DVN or AR?

Over the past 5 years, Antero Resources Corporation (AR) delivered a total return of +236.

4%, compared to +120. 1% for Devon Energy Corporation (DVN). Over 10 years, the gap is even starker: EXE returned +174. 3% versus AR's +44. 8%. Past returns do not guarantee future results, and the stock with the higher historical return may already have its best growth priced in.

04

Which is safer — EXE or CTRA or DVN or AR?

By beta (market sensitivity over 5 years), Coterra Energy Inc.

(CTRA) is the lower-risk stock at 0. 03β versus Antero Resources Corporation's 0. 24β — meaning AR is approximately 711% more volatile than CTRA relative to the S&P 500. On balance sheet safety, Coterra Energy Inc. (CTRA) carries a lower debt/equity ratio of 27% versus 67% for Antero Resources Corporation — giving it more financial flexibility in a downturn.

05

Which is growing faster — EXE or CTRA or DVN or AR?

By revenue growth (latest reported year), Expand Energy Corporation (EXE) is pulling ahead at 176.

0% versus -49. 6% for Coterra Energy Inc. (CTRA). On earnings-per-share growth, the picture is similar: Antero Resources Corporation grew EPS 1028% year-over-year, compared to -8. 1% for Devon Energy Corporation. Over a 3-year CAGR, EXE leads at 0. 6% 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.

06

Which has better profit margins — EXE or CTRA or DVN or AR?

Coterra Energy Inc.

(CTRA) is the more profitable company, earning 62. 4% net margin versus 12. 7% for Antero Resources Corporation — meaning it keeps 62. 4% of every revenue dollar as bottom-line profit. Operating margin tells a similar story: CTRA leads at 89. 1% versus 16. 5% for AR. At the gross margin level — before operating expenses — CTRA leads at 60. 4%, 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.

07

Is EXE or CTRA or DVN or AR more undervalued right now?

On forward earnings alone, Antero Resources Corporation (AR) trades at 8.

3x forward P/E versus 11. 5x for Coterra Energy Inc. — 3. 3x cheaper on a one-year earnings basis. Analyst consensus price targets imply the most upside for EXE: 40. 3% to $136. 70.

08

Which pays a better dividend — EXE or CTRA or DVN or AR?

In this comparison, EXE (3.

3% yield), CTRA (2. 8% yield), DVN (2. 2% yield) pay a dividend. AR does not pay a meaningful dividend and should not be held primarily for income.

09

Is EXE or CTRA or DVN or AR better for a retirement portfolio?

For long-horizon retirement investors, Coterra Energy Inc.

(CTRA) is the stronger choice — it scores higher on the combination of lower volatility, dividend reliability, and long-term compounding (low volatility (β 0. 03), 2. 8% yield). Both have compounded well over 10 years (CTRA: +68. 7%, AR: +44. 8%), 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.

10

What are the main differences between EXE and CTRA and DVN and AR?

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: EXE is a mid-cap high-growth stock; CTRA is a mid-cap deep-value stock; DVN is a mid-cap deep-value stock; AR is a mid-cap high-growth stock. EXE, CTRA, DVN pay a dividend while AR does not, making them suitable for different income and tax situations. 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.

Stocks Like

EXE

High-Growth Quality Leader

  • Sector: Energy
  • Market Cap > $100B
  • Revenue Growth > 50%
  • Net Margin > 13%
Run This Screen
Stocks Like

CTRA

Dividend Mega-Cap Quality

  • Sector: Energy
  • Market Cap > $100B
  • Net Margin > 15%
  • Dividend Yield > 1.1%
Run This Screen
Stocks Like

DVN

Income & Dividend Stock

  • Sector: Energy
  • Market Cap > $100B
  • Net Margin > 10%
  • Dividend Yield > 0.8%
Run This Screen
Stocks Like

AR

High-Growth Compounder

  • Sector: Energy
  • Market Cap > $100B
  • Revenue Growth > 16%
  • Net Margin > 10%
Run This Screen
Custom Screen

Beat Both

Find stocks that outperform EXE and CTRA and DVN and AR on the metrics below

Revenue Growth>
%
(EXE: 100.2% · CTRA: -43.3%)
Net Margin>
%
(EXE: 22.9% · CTRA: 25.7%)
P/E Ratio<
x
(EXE: 12.9x · CTRA: 14.5x)

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