EOG vs. DVN
EOG (EOG Resources, Inc.) and DVN (Devon Energy Corporation) are both stocks. Both operate in the Oil & Gas E&P industry within the Energy sector. Over the past 10 years, EOG returned 8.36%/yr vs 4.93%/yr for DVN. Their 0.67 correlation means they have sometimes moved together and sometimes differently.
Performance
EOG vs. DVN - Performance Comparison
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Returns By Period
In the year-to-date period, EOG achieves a 42.19% return, which is significantly higher than DVN's 23.18% return. Over the past 10 years, EOG has outperformed DVN with an annualized return of 8.36%, while DVN has yielded a comparatively lower 4.93% annualized return.
EOG
- 1D
- -2.02%
- 1M
- 12.22%
- 6M
- 36.43%
- YTD
- 42.19%
- 1Y
- 29.28%
- 3Y*
- 7.67%
- 5Y*
- 21.13%
- 10Y*
- 8.36%
- ALL TIME*
- 13.18%
DVN
- 1D
- -1.24%
- 1M
- 10.13%
- 6M
- 12.41%
- YTD
- 23.18%
- 1Y
- 42.28%
- 3Y*
- -1.16%
- 5Y*
- 17.30%
- 10Y*
- 4.93%
- ALL TIME*
- 8.63%
Liquidity Comparison
| Position | Avg. Volume Value (2W) | Avg. Volume Value (1M) | Avg. Volume Value (3M) |
|---|---|---|---|
| $428.97M | $463.87M | $627.46M | |
| $377.88M | $406.63M | $484.84M |
EOG vs. DVN - Yearly Performance Comparison
| 2026 (YTD) | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | |
|---|---|---|---|---|---|---|---|---|---|---|
EOG EOG Resources, Inc. | 42.19% | -11.37% | 4.30% | -2.03% | 56.88% | 88.62% | -38.64% | -2.82% | -18.66% | 7.47% |
DVN Devon Energy Corporation | 23.18% | 15.03% | -25.21% | -23.08% | 50.86% | 199.88% | -35.34% | 16.81% | -45.09% | -8.74% |
Correlation
The correlation between EOG and DVN is 0.82, meaning they have usually moved in the same direction, including during past declines.
| Correlation | |
|---|---|
Correlation (1Y) Focuses on recent behavior, but can change the most. | 0.82 |
Correlation (3Y) Balances recent behavior with more history. | 0.82 |
Correlation (5Y) Shows whether the relationship held over a longer period. | 0.84 |
Correlation (10Y) Provides a long-term view across more market conditions. | 0.81 |
Correlation (All Time) Calculated using the full available price history since Mar 17, 1992 | 0.67 |
The correlation between EOG and DVN shifts across timeframes, from 0.67 (all time) to 0.84 (5 years), reflecting how their relationship changes across market environments.
Fundamentals
EOG:
$77.59B
DVN:
$27.70B
EOG:
$10.19
DVN:
$5.12
EOG:
14.30
DVN:
8.70
EOG:
1.82
DVN:
0.67
EOG:
3.35
DVN:
1.53
EOG:
$23.48B
DVN:
$12.24B
EOG:
$11.38B
DVN:
$2.67B
EOG:
$14.73B
DVN:
$5.67B
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Return for Risk
EOG vs. DVN — Risk / Return Rank
EOG
DVN
EOG vs. DVN - Risk-Adjusted Trends Comparison
This table presents a comparison of risk-adjusted performance metrics for EOG Resources, Inc. (EOG) 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.
Values are calculated on a 1-year rolling basis and updated daily. Risk-adjusted metrics are more stable over longer periods — use the period switch above to explore them.
| EOG | DVN | Difference | |
|---|---|---|---|
| Sharpe ratioReturn per unit of total volatility | -0.17 | ||
| Sortino ratioReturn per unit of downside risk | -0.20 | ||
| Omega ratioGain probability vs. loss probability | 1.19 | 1.22 | -0.03 |
| Calmar ratioReturn relative to maximum drawdown | 1.59 | 1.92 | -0.33 |
| Martin ratioReturn relative to average drawdown | 2.97 | 4.77 | -1.80 |
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Drawdowns
EOG vs. DVN - Drawdown Comparison
The maximum EOG drawdown since its inception was -77.13%, smaller than the maximum DVN drawdown of -94.93%. Use the drawdown chart below to compare losses from any high point for EOG and DVN.
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Drawdown Indicators
| EOG | DVN | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -77.13% | -94.93% | +17.80% |
Max Drawdown (1Y)Largest decline over 1 year | -18.51% | -22.15% | +3.64% |
Max Drawdown (3Y)Largest decline over 3 years | -23.72% | -49.22% | +25.50% |
Max Drawdown (5Y)Largest decline over 5 years | -33.42% | -61.45% | +28.03% |
Max Drawdown (10Y)Largest decline over 10 years | -77.13% | -88.51% | +11.38% |
Current DrawdownCurrent decline from peak | -2.02% | -42.56% | +40.54% |
Average DrawdownAverage peak-to-trough decline | -21.91% | -35.97% | +14.06% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 9.89% | 8.90% | +0.99% |
Volatility
EOG vs. DVN - Volatility Comparison
EOG Resources, Inc. (EOG) and Devon Energy Corporation (DVN) have volatilities of 10.10% and 10.21%, respectively, indicating that both stocks experience similar levels of price fluctuations. This suggests that the risk associated with both stocks, as measured by volatility, is nearly the same. The chart below showcases a comparison of their rolling one-month volatility.
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Volatility by Period
| EOG | DVN | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | 10.10% | 10.21% | -0.11% |
Volatility (6M)Calculated over the trailing 6-month period | 21.88% | 25.47% | -3.59% |
Volatility (1Y)Calculated over the trailing 1-year period | 27.05% | 33.78% | -6.73% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 32.64% | 40.72% | -8.08% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 39.14% | 49.37% | -10.23% |
Dividends
EOG vs. DVN - Dividend Comparison
EOG's dividend yield for the trailing twelve months is around 2.80%, more than DVN's 2.33% yield.
| Position | TTM | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
DVN Devon Energy Corporation | 2.33% | 2.62% | 4.43% | 4.55% | 8.41% | 5.24% | 4.30% | 1.35% | 1.33% | 0.58% | 0.92% | 3.00% |
EOG EOG Resources, Inc. | 2.80% | 3.76% | 2.97% | 4.80% | 6.79% | 5.19% | 2.83% | 1.21% | 0.87% | 0.62% | 0.66% | 0.95% |
Financials
EOG vs. DVN - Financials Comparison
This section allows you to compare key financial metrics between EOG Resources, Inc. and Devon Energy Corporation. You can select fields from income statements, balance sheets, and cash flow statements to easily visualize and compare the financial health of both companies.
Total Revenue: Total amount of money received from sales and other business activities
EOG vs. DVN - Profitability Comparison
EOG - Gross Margin
Gross margin is calculated as gross profit divided by revenue. For the three months ending on Aug 2026, EOG Resources, Inc. reported a gross profit of 0.00 and revenue of 6.76B. Therefore, the gross margin over that period was 0.0%.
DVN - Gross Margin
Gross margin is calculated as gross profit divided by revenue. For the three months ending on Aug 2026, Devon Energy Corporation reported a gross profit of 0.00 and revenue of 3.81M. Therefore, the gross margin over that period was 0.0%.
EOG - Operating Margin
Operating margin is calculated as operating income divided by revenue. For the three months ending on Aug 2026, EOG Resources, Inc. reported an operating income of 2.60B and revenue of 6.76B, resulting in an operating margin of 38.4%.
DVN - Operating Margin
Operating margin is calculated as operating income divided by revenue. For the three months ending on Aug 2026, Devon Energy Corporation reported an operating income of 0.00 and revenue of 3.81M, resulting in an operating margin of 0.0%.
EOG - Net Margin
Net margin is calculated as net income divided by revenue. For the three months ending on Aug 2026, EOG Resources, Inc. reported a net income of 1.98B and revenue of 6.76B, resulting in a net margin of 29.3%.
DVN - Net Margin
Net margin is calculated as net income divided by revenue. For the three months ending on Aug 2026, Devon Energy Corporation reported a net income of 120.00K and revenue of 3.81M, resulting in a net margin of 3.2%.
Frequently Asked Questions
EOG and DVN have a correlation of 0.82, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.
DVN has higher volatility (10.21%) compared to EOG (10.10%). In terms of maximum drawdown, EOG dropped -77.13% vs DVN's -94.93%.
DVN currently has the higher Sharpe Ratio (1.26 vs 1.09), meaning it's delivered slightly more return per unit of risk over the trailing 12 months. However, this ranking shifts over time - use the Risk/Return Score above for a more comprehensive view that combines Sharpe, Sortino, and other measures used by quantitative funds.
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