CPE vs. DVN

Last updated Apr 2, 2026

Compare and contrast key facts about Callon Petroleum Company (CPE) and Devon Energy Corporation (DVN).

Performance

CPE vs. DVN - Performance Comparison

The chart below illustrates the hypothetical performance of a $10,000 investment in Callon Petroleum Company (CPE) and Devon Energy Corporation (DVN). The values are adjusted to include any dividend payments, if applicable.

CPE vs. DVN - Yearly Performance Comparison

	2026 (YTD)	2025	2024	2023	2022	2021	2020	2019	2018	2017
CPE Callon Petroleum Company	0.00%	0.00%	10.37%	-12.64%	-21.50%	259.04%	-72.75%	-25.58%	-46.58%	-20.95%
DVN Devon Energy Corporation	33.34%	15.03%	-25.21%	-23.08%	50.86%	199.88%	-35.34%	16.81%	-45.09%	-8.74%

Fundamentals

Total Revenue (TTM) CPE : $1.83B DVN : $16.61B
Gross Profit (TTM) CPE : $668.89M DVN : $3.77B
EBITDA (TTM) CPE : $663.24M DVN : $7.36B

Returns By Period

CPE

• 1D: —
• 1M: —
• YTD: —
• 6M: —
• 1Y: —
• 3Y*: —
• 5Y*: —
• 10Y*: —

DVN

• 1D: -3.44%
• 1M: 8.66%
• YTD: 33.34%
• 6M: 39.18%
• 1Y: 32.68%
• 3Y*: 1.75%
• 5Y*: 21.55%
• 10Y*: 10.05%

*Multi-year figures are annualized to reflect compound growth (CAGR)

Return for Risk

CPE vs. DVN — Risk / Return Rank

Compare risk-adjusted metric ranks to identify better-performing investments over the past 12 months.

DVN

DVN Risk / Return Rank: 65
DVN Sharpe Ratio Rank: 68
DVN Sortino Ratio Rank: 62
DVN Omega Ratio Rank: 62
DVN Calmar Ratio Rank: 65
DVN Martin Ratio Rank: 67

The rank (0–100) shows how this investment's returns compare to the risk taken. Higher = better. Based on the past 12 months of data, combining Sharpe, Sortino, and other metrics used by quantitative funds and institutional investors.

CPE vs. DVN - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for Callon Petroleum Company (CPE) and Devon Energy Corporation (DVN). Risk-adjusted metrics are performance indicators that assess an investment's returns in relation to its risk, enabling a more accurate comparison of different investment options.

Risk / return metrics aren't available yet — we need at least 12 months of trading data to calculate them.

Sharpe Ratios by Period

	CPE	DVN	Difference
Sharpe Ratio (1Y) Calculated over the trailing 1-year period	—	0.79	—
Sharpe Ratio (5Y) Calculated over the trailing 5-year period	—	0.52	—
Sharpe Ratio (10Y) Calculated over the trailing 10-year period	—	0.20	—
Sharpe Ratio (All Time) Calculated using the full available price history	—	0.22	—

Correlation

The correlation between CPE and DVN is 0.46, which is considered to be moderate. This suggests that the two assets have some degree of positive relationship in their price movements. Moderate correlation can be acceptable for portfolio diversification, offering a balance between risk and potential returns.

Dividends

CPE vs. DVN - Dividend Comparison

CPE has not paid dividends to shareholders, while DVN's dividend yield for the trailing twelve months is around 1.98%.

	TTM	2025	2024	2023	2022	2021	2020	2019	2018	2017	2016	2015
CPE Callon Petroleum Company	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%
DVN Devon Energy Corporation	1.98%	2.62%	4.43%	4.55%	8.41%	5.24%	4.30%	1.35%	1.33%	0.58%	0.92%	3.00%

Drawdowns

Drawdown Indicators

	CPE	DVN	Difference
Max Drawdown Largest peak-to-trough decline	—	-94.93%	—
Max Drawdown (1Y) Largest decline over 1 year	—	-29.32%	—
Max Drawdown (5Y) Largest decline over 5 years	—	-61.45%	—
Max Drawdown (10Y) Largest decline over 10 years	—	-88.51%	—
Current Drawdown Current decline from peak	—	-37.82%	—
Average Drawdown Average peak-to-trough decline	—	-35.91%	—
Ulcer Index Depth and duration of drawdowns from previous peaks	—	10.79%	—

Volatility

Volatility by Period

	CPE	DVN	Difference
Volatility (1M) Calculated over the trailing 1-month period	—	8.65%	—
Volatility (6M) Calculated over the trailing 6-month period	—	22.52%	—
Volatility (1Y) Calculated over the trailing 1-year period	—	41.79%	—
Volatility (5Y) Calculated over the trailing 5-year period, annualized	—	41.63%	—
Volatility (10Y) Calculated over the trailing 10-year period, annualized	—	49.76%	—

Financials