Devon Energy Corporation vs Exxon Mobil Corporation
DVN wins the Tale of the Tape 6–3.
🏆 Tale of the Tape
Green = winner in each category. Higher is better except P/E (lower = cheaper).
Rolling Correlation
Highly correlated — these stocks tend to move together. Limited diversification benefit.
Fundamentals
| Metric | DVN | XOM |
|---|---|---|
| Market Cap | $51.3B | $602.1B |
| P/E Ratio | 12.4x | 24.5x |
| Forward P/E | 8.3x | 13.6x |
| P/B | 1.79x | 2.34x |
| Dividend Yield | 2.34% | 2.84% |
| Beta | 0.48 | 0.18 |
Quantitative Metrics
| Metric | DVN | XOM |
|---|---|---|
| DCF Fair Value | $64.56 | $41.42 |
| DCF Upside | +36.6% | -72.9% |
| Piotroski F | 6/9 | 5/9 |
| Altman Z | 2.52 | 4.65 |
| Beneish M | -3.05 | -2.73 |
| FCF Yield | 7.84% | 3.63% |
| Net Debt/EBITDA | 0.8x | 0.3x |
| ROIC | 11.4% | 8.8% |
| WACC | 7.3% | 7.8% |
| ROIC – WACC | 4.1pp | 0.9pp |
| Gross Margin | 25.6% | 22.0% |
| Net Margin | 15.4% | 8.9% |
| Rev Growth YoY | 7.8% | -4.5% |
| Sharpe (1Y) | 1.31 | 1.59 |
| Max Drawdown 3Y | — | — |
| FCF Payout Ratio | 22% | 73% |
DVN Price
XOM Price
ETF Exposure
DVN found in:
XOM found in:
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Quant metrics computed from financial statements and 1,200+ trading days. Correlation is Pearson coefficient on daily log returns. Not investment advice.
DVN vs XOM: Head-to-Head Analysis
Devon Energy Corporation (DVN) and Exxon Mobil Corporation (XOM) represent two companies in the Energy sector. In our quantitative Tale of the Tape scoring, DVN leads 6–3 across nine fundamental and risk metrics including profitability, valuation, capital efficiency, and financial health.
In terms of capital efficiency, DVN generates a return on invested capital (ROIC) of 11.4% compared to XOM's 8.8%. This suggests DVN is more effective at deploying capital to generate shareholder returns.
The 252-day rolling correlation between DVN and XOM is 0.738, indicating these stocks move closely together, offering limited diversification benefit in a portfolio context.
DVN appears in 29 ETFs tracked by SecuritiesDB, while XOM appears in 40 ETFs. Investors holding broad-market ETFs may already have indirect exposure to both stocks.
Frequently Asked Questions
Which stock is the better investment, DVN or XOM?
Our quantitative analysis compares DVN and XOM across nine fundamental dimensions. DVN wins the Tale of the Tape 6–3. However, stock selection depends on your individual risk tolerance, time horizon, and portfolio context. These metrics are computed from SEC filings and market data — they are not investment recommendations.
Are DVN and XOM correlated?
The 252-day correlation between DVN and XOM is 0.738. They are highly correlated, meaning they tend to move together.
How is the Tale of the Tape scored?
The Tale of the Tape compares both stocks across nine categories: profitability (net margin), valuation (P/E), efficiency (ROIC), health (Piotroski F-Score), safety (Altman Z-Score), growth (revenue YoY), risk (Sharpe ratio), leverage (debt-to-equity), and cash generation (FCF yield). The stock that wins more categories takes the overall score. Lower P/E and lower debt-to-equity count as wins.