GLNG vs. DVN
GLNG (Golar LNG Limited) and DVN (Devon Energy Corporation) are both stocks. Both are in the Energy sector — GLNG in Oil & Gas Midstream, DVN in Oil & Gas E&P. Over the past 10 years, GLNG returned 14.07%/yr vs 6.26%/yr for DVN. At a 0.45 correlation, their price movements are largely independent.
Performance
GLNG vs. DVN - Performance Comparison
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Returns By Period
In the year-to-date period, GLNG achieves a 39.82% return, which is significantly higher than DVN's 26.84% return. Over the past 10 years, GLNG has outperformed DVN with an annualized return of 14.07%, while DVN has yielded a comparatively lower 6.26% annualized return.
GLNG
- 1D
- 1.78%
- 1M
- -7.09%
- YTD
- 39.82%
- 6M
- 39.26%
- 1Y
- 27.06%
- 3Y*
- 38.12%
- 5Y*
- 34.76%
- 10Y*
- 14.07%
DVN
- 1D
- -0.19%
- 1M
- -8.58%
- YTD
- 26.84%
- 6M
- 25.50%
- 1Y
- 52.27%
- 3Y*
- 1.48%
- 5Y*
- 13.43%
- 10Y*
- 6.26%
GLNG vs. DVN - Yearly Performance Comparison
| 2026 (YTD) | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | |
|---|---|---|---|---|---|---|---|---|---|---|
GLNG Golar LNG Limited | 39.82% | -9.74% | 90.78% | 4.39% | 83.94% | 28.53% | -32.21% | -33.64% | -25.94% | 31.03% |
DVN Devon Energy Corporation | 26.84% | 15.03% | -25.21% | -23.08% | 50.86% | 199.88% | -35.34% | 16.81% | -45.09% | -8.74% |
Correlation
The correlation between GLNG and DVN is 0.29, which is low. Their price movements are largely independent, making them effective diversification partners.
| Correlation | |
|---|---|
Correlation (1Y) Calculated over the trailing 1-year period | 0.29 |
Correlation (3Y) Calculated over the trailing 3-year period | 0.37 |
Correlation (5Y) Calculated over the trailing 5-year period | 0.45 |
Correlation (10Y) Calculated over the trailing 10-year period | 0.49 |
Correlation (All Time) Calculated using the full available price history since Jul 16, 2003 | 0.45 |
The correlation between GLNG and DVN shifts across timeframes, from 0.29 (1 year) to 0.49 (10 years), reflecting how their relationship changes across market environments.
Fundamentals
GLNG:
$1.31
DVN:
$4.54
GLNG:
39.25
DVN:
10.19
GLNG:
1.26
DVN:
0.78
GLNG:
11.81
DVN:
1.79
GLNG:
$468.57M
DVN:
$12.24B
GLNG:
$245.50M
DVN:
$2.67B
GLNG:
$256.69M
DVN:
$5.67B
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Return for Risk
GLNG vs. DVN — Risk / Return Rank
GLNG
DVN
GLNG vs. DVN - Risk-Adjusted Trends Comparison
This table presents a comparison of risk-adjusted performance metrics for Golar LNG Limited (GLNG) 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.
| GLNG | DVN | Difference | |
|---|---|---|---|
Sharpe ratioReturn per unit of total volatility | 0.93 | 1.57 | -0.63 |
Sortino ratioReturn per unit of downside risk | 1.49 | 2.13 | -0.65 |
Omega ratioGain probability vs. loss probability | 1.18 | 1.26 | -0.09 |
Calmar ratioReturn relative to maximum drawdown | 1.31 | 3.71 | -2.40 |
Martin ratioReturn relative to average drawdown | 2.88 | 8.79 | -5.91 |
Data is calculated on a 1-year rolling basis and updated daily. The trend shows the change in the indicator over the past month. | |||
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Sharpe Ratios by Period
| GLNG | DVN | Difference | |
|---|---|---|---|
Sharpe Ratio (1Y)Calculated over the trailing 1-year period | 0.93 | 1.57 | -0.63 |
Sharpe Ratio (5Y)Calculated over the trailing 5-year period | 0.89 | 0.33 | +0.56 |
Sharpe Ratio (10Y)Calculated over the trailing 10-year period | 0.26 | 0.13 | +0.14 |
Sharpe Ratio (All Time)Calculated using the full available price history | 0.20 | 0.21 | -0.01 |
Drawdowns
GLNG vs. DVN - Drawdown Comparison
The maximum GLNG drawdown since its inception was -92.81%, roughly equal to the maximum DVN drawdown of -94.93%. Use the drawdown chart below to compare losses from any high point for GLNG and DVN.
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Drawdown Indicators
| GLNG | DVN | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -92.81% | -94.93% | +2.12% |
Max Drawdown (1Y)Largest decline over 1 year | -21.95% | -15.29% | -6.66% |
Max Drawdown (3Y)Largest decline over 3 years | -29.41% | -49.22% | +19.81% |
Max Drawdown (5Y)Largest decline over 5 years | -33.35% | -61.45% | +28.10% |
Max Drawdown (10Y)Largest decline over 10 years | -86.29% | -88.51% | +2.22% |
Current DrawdownCurrent decline from peak | -11.02% | -40.85% | +29.83% |
Average DrawdownAverage peak-to-trough decline | -43.80% | -35.93% | -7.87% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 9.96% | 6.45% | +3.51% |
Volatility
GLNG vs. DVN - Volatility Comparison
The current volatility for Golar LNG Limited (GLNG) is 9.70%, while Devon Energy Corporation (DVN) has a volatility of 13.41%. This indicates that GLNG experiences smaller price fluctuations and is considered to be less risky than DVN based on this measure. The chart below showcases a comparison of their rolling one-month volatility.
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Volatility by Period
| GLNG | DVN | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | 9.70% | 13.41% | -3.71% |
Volatility (6M)Calculated over the trailing 6-month period | 21.54% | 25.45% | -3.91% |
Volatility (1Y)Calculated over the trailing 1-year period | 29.13% | 33.60% | -4.47% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 39.31% | 41.02% | -1.71% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 53.57% | 49.65% | +3.92% |
Dividends
GLNG vs. DVN - Dividend Comparison
GLNG's dividend yield for the trailing twelve months is around 2.43%, more than DVN's 2.08% yield.
| Position | TTM | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
DVN Devon Energy Corporation | 2.08% | 2.62% | 4.43% | 4.55% | 8.41% | 5.24% | 4.30% | 1.35% | 1.33% | 0.58% | 0.92% | 3.00% |
GLNG Golar LNG Limited | 2.43% | 2.69% | 2.36% | 3.26% | 0.00% | 0.00% | 0.00% | 2.11% | 1.72% | 0.67% | 0.87% | 11.40% |
Financials
GLNG vs. DVN - Financials Comparison
This section allows you to compare key financial metrics between Golar LNG Limited 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
GLNG vs. DVN - Profitability Comparison
GLNG - Gross Margin
Gross margin is calculated as gross profit divided by revenue. For the three months ending on Jun 2026, Golar LNG Limited reported a gross profit of 82.52M and revenue of 137.55M. Therefore, the gross margin over that period was 60.0%.
DVN - Gross Margin
Gross margin is calculated as gross profit divided by revenue. For the three months ending on Jun 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%.
GLNG - Operating Margin
Operating margin is calculated as operating income divided by revenue. For the three months ending on Jun 2026, Golar LNG Limited reported an operating income of 67.16M and revenue of 137.55M, resulting in an operating margin of 48.8%.
DVN - Operating Margin
Operating margin is calculated as operating income divided by revenue. For the three months ending on Jun 2026, Devon Energy Corporation reported an operating income of 0.00 and revenue of 3.81M, resulting in an operating margin of 0.0%.
GLNG - Net Margin
Net margin is calculated as net income divided by revenue. For the three months ending on Jun 2026, Golar LNG Limited reported a net income of 83.58M and revenue of 137.55M, resulting in a net margin of 60.8%.
DVN - Net Margin
Net margin is calculated as net income divided by revenue. For the three months ending on Jun 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
GLNG and DVN have a correlation of 0.29, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.
DVN has higher volatility (13.41%) compared to GLNG (9.70%). In terms of maximum drawdown, GLNG dropped -92.81% vs DVN's -94.93%.
DVN currently has the higher Sharpe Ratio (1.57 vs 0.93), 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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