Oil & Gas Exploration & Production
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5 / 10Stock Comparison
OVV vs DVN vs FANG vs APA vs SM
Revenue, margins, valuation, and 5-year total return — side by side.
Oil & Gas Exploration & Production
Oil & Gas Exploration & Production
Oil & Gas Exploration & Production
Oil & Gas Exploration & Production
OVV vs DVN vs FANG vs APA vs SM — 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 | Oil & Gas Exploration & Production |
| Market Cap | $14.76B | $28.19B | $53.57B | $12.81B | $3.35B |
| Revenue (TTM) | $8.79B | $12.24B | $15.19B | $8.61B | $3.79B |
| Net Income (TTM) | $1.24B | $2.15B | $403M | $1.53B | $131M |
| Gross Margin | 47.1% | 21.8% | 41.8% | 53.9% | 45.1% |
| Operating Margin | 12.6% | 18.9% | 22.1% | 34.6% | 6.5% |
| Forward P/E | 7.5x | 8.6x | 10.7x | 6.6x | 4.4x |
| Total Debt | $7.53B | $8.78B | $14.49B | $4.81B | $2.30B |
| Cash & Equiv. | $35M | $1.43B | $106M | $516M | $368M |
OVV vs DVN vs FANG vs APA vs SM — Long-Term Stock Performance
Price return indexed to 100 at period start. Dividends excluded.
| Stock | May 20 | May 26 | Return |
|---|---|---|---|
| Ovintiv Inc. (OVV) | 100 | 758.0 | +658.0% |
| Devon Energy Corpor… (DVN) | 100 | 419.6 | +319.6% |
| Diamondback Energy,… (FANG) | 100 | 447.3 | +347.3% |
| APA Corporation (APA) | 100 | 335.9 | +235.9% |
| SM Energy Company (SM) | 100 | 826.7 | +726.7% |
Price return only. Dividends and distributions are not included.
Quick Verdict: OVV vs DVN vs FANG vs APA vs SM
Each card shows where this stock fits in a portfolio — not just who wins on paper.
Among these 5 stocks, OVV doesn't own a clear edge in any measured category.
DVN is the #2 pick in this set and the best alternative if income & stability and sleep-well-at-night is your priority.
- Dividend streak 0 yrs, beta 0.05, yield 2.2%
- Lower volatility, beta 0.05, Low D/E 56.6%, current ratio 0.98x
- Beta 0.05, yield 2.2%, current ratio 0.98x
- Beta 0.05 vs OVV's 0.22, lower leverage
FANG ranks third and is worth considering specifically for growth exposure and long-term compounding.
- Rev growth 36.3%, EPS growth -63.1%, 3Y rev CAGR 16.2%
- 162.5% 10Y total return vs OVV's 118.6%
- 36.3% revenue growth vs APA's -8.4%
APA carries the broadest edge in this set and is the clearest fit for quality and dividends.
- 17.8% margin vs FANG's 2.7%
- 2.8% yield, 4-year raise streak, vs OVV's 2.0%
- +140.6% vs SM's +41.1%
SM is the clearest fit if your priority is value.
- Lower P/E (4.4x vs 6.6x)
See the full category breakdown
| Category | Winner | Why |
|---|---|---|
| Growth | 36.3% revenue growth vs APA's -8.4% | |
| Value | Lower P/E (4.4x vs 6.6x) | |
| Quality / Margins | 17.8% margin vs FANG's 2.7% | |
| Stability / Safety | Beta 0.05 vs OVV's 0.22, lower leverage | |
| Dividends | 2.8% yield, 4-year raise streak, vs OVV's 2.0% | |
| Momentum (1Y) | +140.6% vs SM's +41.1% | |
| Efficiency (ROA) | 9.1% ROA vs FANG's 0.6%, ROIC 12.3% vs 6.7% |
OVV vs DVN vs FANG vs APA vs SM — Revenue Breakdown by Segment
How each company's revenue is distributed across its business units
OVV vs DVN vs FANG vs APA vs SM — Financial Metrics
Side-by-side numbers across 5 stocks — who leads on profitability, valuation, growth, and risk.
Who Leads Where
APA leads in 2 of 6 categories
SM leads 1 • OVV leads 0 • DVN leads 0 • FANG leads 0 • 3 tied
Explore the data ↓Income & Cash Flow (Last 12 Months)
APA leads this category, winning 3 of 6 comparable metrics.
Income & Cash Flow (Last 12 Months)
FANG is the larger business by revenue, generating $15.2B annually — 4.0x SM's $3.8B. APA is the more profitable business, keeping 17.8% of every revenue dollar as net income compared to FANG's 2.7%. On growth, SM holds the edge at +76.2% YoY revenue growth, suggesting stronger near-term business momentum.
| Metric | |||||
|---|---|---|---|---|---|
| RevenueTrailing 12 months | $8.8B | $12.2B | $15.2B | $8.6B | $3.8B |
| EBITDAEarnings before interest/tax | $3.3B | $5.0B | $8.6B | $5.3B | $1.6B |
| Net IncomeAfter-tax profit | $1.2B | $2.1B | $403M | $1.5B | $131M |
| Free Cash FlowCash after capex | $3.6B | $2.1B | $1.6B | $1.5B | -$226M |
| Gross MarginGross profit ÷ Revenue | +47.1% | +21.8% | +41.8% | +53.9% | +45.1% |
| Operating MarginEBIT ÷ Revenue | +12.6% | +18.9% | +22.1% | +34.6% | +6.5% |
| Net MarginNet income ÷ Revenue | +14.1% | +17.6% | +2.7% | +17.8% | +3.4% |
| FCF MarginFCF ÷ Revenue | +41.2% | +16.8% | +10.5% | +17.2% | -5.9% |
| Rev. Growth (YoY)Latest quarter vs prior year | -5.3% | -99.9% | +5.2% | -11.7% | +76.2% |
| EPS Growth (YoY)Latest quarter vs prior year | +16.8% | -100.0% | -98.3% | +32.6% | -2.1% |
Valuation Metrics
SM leads this category, winning 6 of 6 comparable metrics.
Valuation Metrics
At 5.2x trailing earnings, SM trades at a 84% valuation discount to FANG's 33.2x P/E. On an enterprise value basis, SM's 2.6x EV/EBITDA is more attractive than FANG's 6.8x.
| Metric | |||||
|---|---|---|---|---|---|
| Market CapShares × price | $14.8B | $28.2B | $53.6B | $12.8B | $3.3B |
| Enterprise ValueMkt cap + debt − cash | $22.3B | $35.5B | $68.0B | $17.1B | $5.3B |
| Trailing P/EPrice ÷ TTM EPS | 12.19x | 10.80x | 33.24x | 9.08x | 5.16x |
| Forward P/EPrice ÷ next-FY EPS est. | 7.51x | 8.62x | 10.68x | 6.58x | 4.42x |
| PEG RatioP/E ÷ EPS growth rate | — | — | — | — | — |
| EV / EBITDAEnterprise value multiple | 5.43x | 4.79x | 6.83x | 3.24x | 2.60x |
| Price / SalesMarket cap ÷ Revenue | 1.69x | 1.65x | 3.57x | 1.44x | 1.06x |
| Price / BookPrice ÷ Book value/share | 1.35x | 1.84x | 1.28x | 1.86x | 0.70x |
| Price / FCFMarket cap ÷ FCF | 9.81x | 9.04x | 10.23x | 7.20x | 5.84x |
Profitability & Efficiency
APA leads this category, winning 4 of 9 comparable metrics.
Profitability & Efficiency
APA delivers a 21.8% return on equity — every $100 of shareholder capital generates $22 in annual profit, vs $1 for FANG. FANG carries lower financial leverage with a 0.34x debt-to-equity ratio, signaling a more conservative balance sheet compared to APA's 0.69x. On the Piotroski fundamental quality scale (0–9), SM scores 7/9 vs FANG's 4/9, reflecting strong financial health.
| Metric | |||||
|---|---|---|---|---|---|
| ROE (TTM)Return on equity | +11.1% | +18.6% | +0.9% | +21.8% | +2.5% |
| ROA (TTM)Return on assets | +6.1% | +9.1% | +0.6% | +8.4% | +1.1% |
| ROICReturn on invested capital | +8.0% | +12.3% | +6.7% | +17.8% | +8.9% |
| ROCEReturn on capital employed | +11.1% | +13.8% | +7.6% | +16.7% | +10.4% |
| Piotroski ScoreFundamental quality 0–9 | 6 | 5 | 4 | 5 | 7 |
| Debt / EquityFinancial leverage | 0.67x | 0.57x | 0.34x | 0.69x | 0.48x |
| Net DebtTotal debt minus cash | $7.5B | $7.3B | $14.4B | $4.3B | $1.9B |
| Cash & Equiv.Liquid assets | $35M | $1.4B | $106M | $516M | $368M |
| Total DebtShort + long-term debt | $7.5B | $8.8B | $14.5B | $4.8B | $2.3B |
| Interest CoverageEBIT ÷ Interest expense | 3.06x | 7.98x | 0.66x | 14.22x | 1.37x |
Total Returns (Dividends Reinvested)
Evenly matched — OVV and FANG each lead in 2 of 6 comparable metrics.
Total Returns (Dividends Reinvested)
A $10,000 investment in FANG five years ago would be worth $26,372 today (with dividends reinvested), compared to $17,892 for SM. Over the past 12 months, APA leads with a +140.6% total return vs SM's +41.1%. The 3-year compound annual growth rate (CAGR) favors OVV at 21.0% vs DVN's -0.7% — a key indicator of consistent wealth creation.
| Metric | |||||
|---|---|---|---|---|---|
| YTD ReturnYear-to-date | +44.7% | +20.4% | +25.7% | +44.9% | +53.3% |
| 1-Year ReturnPast 12 months | +75.7% | +52.9% | +50.1% | +140.6% | +41.1% |
| 3-Year ReturnCumulative with dividends | +77.0% | -2.0% | +57.5% | +18.6% | +18.7% |
| 5-Year ReturnCumulative with dividends | +135.7% | +120.1% | +163.7% | +87.4% | +78.9% |
| 10-Year ReturnCumulative with dividends | +118.6% | +99.0% | +162.5% | -15.0% | +132.6% |
| CAGR (3Y)Annualised 3-year return | +21.0% | -0.7% | +16.3% | +5.9% | +5.9% |
Risk & Volatility
Evenly matched — OVV and APA 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 91.9% from its 52-week high vs APA's 79.4% drawdown — a narrower gap to the peak suggests stronger recent price momentum.
| Metric | |||||
|---|---|---|---|---|---|
| Beta (5Y)Sensitivity to S&P 500 | 0.22x | 0.05x | 0.09x | -0.02x | 0.16x |
| 52-Week HighHighest price in past year | $63.46 | $52.71 | $214.51 | $45.66 | $33.25 |
| 52-Week LowLowest price in past year | $33.26 | $29.70 | $127.75 | $15.20 | $17.45 |
| % of 52W HighCurrent price vs 52-week peak | +91.9% | +86.0% | +88.8% | +79.4% | +87.5% |
| RSI (14)Momentum oscillator 0–100 | 55.8 | 43.5 | 49.7 | 48.3 | 47.4 |
| Avg Volume (50D)Average daily shares traded | 4.1M | 15.3M | 3.4M | 9.1M | 5.9M |
Analyst Outlook
Evenly matched — OVV and APA each lead in 1 of 2 comparable metrics.
Analyst Outlook
Analyst consensus: OVV as "Buy", DVN as "Buy", FANG as "Buy", APA as "Hold", SM as "Buy". Consensus price targets imply 18.6% upside for DVN (target: $54) vs -10.4% for APA (target: $32). For income investors, APA offers the higher dividend yield at 2.77% vs OVV's 2.03%.
| Metric | |||||
|---|---|---|---|---|---|
| Analyst RatingConsensus buy/hold/sell | Buy | Buy | Buy | Hold | Buy |
| Price TargetConsensus 12-month target | $56.20 | $53.78 | $201.27 | $32.46 | $29.00 |
| # AnalystsCovering analysts | 26 | 64 | 51 | 51 | 54 |
| Dividend YieldAnnual dividend ÷ price | +2.0% | +2.2% | +2.1% | +2.8% | +2.7% |
| Dividend StreakConsecutive years of raises | 5 | 0 | 0 | 4 | 4 |
| Dividend / ShareAnnual DPS | $1.19 | $0.98 | $4.00 | $1.00 | $0.80 |
| Buyback YieldShare repurchases ÷ mkt cap | +2.1% | +3.7% | +3.8% | +2.2% | +0.4% |
APA leads in 2 of 6 categories (Income & Cash Flow, Profitability & Efficiency). SM leads in 1 (Valuation Metrics). 3 tied.
OVV vs DVN vs FANG vs APA vs SM: Key Questions Answered
10 questions · data-driven answers · updated daily
01Is OVV or DVN or FANG or APA or SM 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 -8. 4% for APA Corporation (APA). SM Energy Company (SM) offers the better valuation at 5. 2x trailing P/E (4. 4x 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 — OVV or DVN or FANG or APA or SM?
On trailing P/E, SM Energy Company (SM) is the cheapest at 5.
2x versus Diamondback Energy, Inc. at 33. 2x. On forward P/E, SM Energy Company is actually cheaper at 4. 4x.
03Which is the better long-term investment — OVV or DVN or FANG or APA or SM?
Over the past 5 years, Diamondback Energy, Inc.
(FANG) delivered a total return of +163. 7%, compared to +78. 9% for SM Energy Company (SM). Over 10 years, the gap is even starker: FANG returned +162. 5% 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.
04Which is safer — OVV or DVN or FANG or APA or SM?
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, Diamondback Energy, Inc. (FANG) carries a lower debt/equity ratio of 34% versus 69% for APA Corporation — giving it more financial flexibility in a downturn.
05Which is growing faster — OVV or DVN or FANG or APA or SM?
By revenue growth (latest reported year), Diamondback Energy, Inc.
(FANG) is pulling ahead at 36. 3% 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 -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 — OVV or DVN or FANG or APA or SM?
SM Energy Company (SM) is the more profitable company, earning 20.
5% net margin versus 11. 1% for Diamondback Energy, Inc. — meaning it keeps 20. 5% of every revenue dollar as bottom-line profit. Operating margin tells a similar story: FANG leads at 32. 7% versus 21. 6% for OVV. 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 OVV or DVN or FANG or APA or SM more undervalued right now?
On forward earnings alone, SM Energy Company (SM) trades at 4.
4x forward P/E versus 10. 7x for Diamondback Energy, Inc. — 6. 3x cheaper on a one-year earnings basis. Analyst consensus price targets imply the most upside for DVN: 18. 6% to $53. 78.
08Which pays a better dividend — OVV or DVN or FANG or APA or SM?
All stocks in this comparison pay dividends.
APA Corporation (APA) offers the highest yield at 2. 8%, versus 2. 0% for Ovintiv Inc. (OVV).
09Is OVV or DVN or FANG or APA or SM better for a retirement portfolio?
For long-horizon retirement investors, Diamondback Energy, Inc.
(FANG) is the stronger choice — it scores higher on the combination of lower volatility, dividend reliability, and long-term compounding (low volatility (β 0. 09), 2. 1% yield, +162. 5% 10Y return). Both have compounded well over 10 years (FANG: +162. 5%, OVV: +118. 6%), 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 OVV and DVN and FANG and APA and SM?
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: OVV is a mid-cap deep-value stock; DVN is a mid-cap deep-value stock; FANG is a mid-cap high-growth stock; APA is a mid-cap deep-value stock; SM is a small-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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