GLNG vs. DVN

Last updated Apr 1, 2026

Compare and contrast key facts about Golar LNG Limited (GLNG) and Devon Energy Corporation (DVN).

Performance

GLNG vs. DVN - Performance Comparison

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

GLNG vs. DVN - Yearly Performance Comparison

	2026 (YTD)	2025	2024	2023	2022	2021	2020	2019	2018	2017
GLNG Golar LNG Limited	46.19%	-9.74%	90.78%	4.39%	83.94%	28.53%	-32.21%	-33.64%	-25.94%	31.03%
DVN Devon Energy Corporation	38.09%	15.03%	-25.21%	-23.08%	50.86%	199.88%	-35.34%	16.81%	-45.09%	-8.74%

Fundamentals

Market Cap GLNG : $5.48B DVN : $31.30B
EPS GLNG : $0.64 DVN : $4.18
PE Ratio GLNG : 84.05 DVN : 12.02
PEG Ratio GLNG : 2.70 DVN : 0.94
PS Ratio GLNG : 14.03 DVN : 1.91
PB Ratio GLNG : 2.98 DVN : 2.02
Total Revenue (TTM) GLNG : $393.52M DVN : $16.61B
Gross Profit (TTM) GLNG : $184.37M DVN : $3.77B
EBITDA (TTM) GLNG : $201.12M DVN : $7.36B

Returns By Period

In the year-to-date period, GLNG achieves a 46.19% return, which is significantly higher than DVN's 38.09% return. Over the past 10 years, GLNG has outperformed DVN with an annualized return of 13.65%, while DVN has yielded a comparatively lower 10.43% annualized return.

GLNG

• 1D: 0.06%
• 1M: 22.35%
• YTD: 46.19%
• 6M: 35.50%
• 1Y: 45.82%
• 3Y*: 40.49%
• 5Y*: 41.07%
• 10Y*: 13.65%

DVN

• 1D: -2.33%
• 1M: 16.20%
• YTD: 38.09%
• 6M: 45.20%
• 1Y: 38.03%
• 3Y*: 2.94%
• 5Y*: 22.40%
• 10Y*: 10.43%

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

Return for Risk

GLNG vs. DVN — Risk / Return Rank

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

GLNG

GLNG Risk / Return Rank: 77
GLNG Sharpe Ratio Rank: 80
GLNG Sortino Ratio Rank: 77
GLNG Omega Ratio Rank: 76
GLNG Calmar Ratio Rank: 79
GLNG Martin Ratio Rank: 76

DVN

DVN Risk / Return Rank: 70
DVN Sharpe Ratio Rank: 74
DVN Sortino Ratio Rank: 67
DVN Omega Ratio Rank: 68
DVN Calmar Ratio Rank: 70
DVN Martin Ratio Rank: 72

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.

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 ratio Return per unit of total volatility	1.25	0.92	+0.33
Sortino ratio Return per unit of downside risk	1.90	1.43	+0.47
Omega ratio Gain probability vs. loss probability	1.25	1.20	+0.05
Calmar ratio Return relative to maximum drawdown	2.11	1.38	+0.73
Martin ratio Return relative to average drawdown	4.55	3.75	+0.80
Data is calculated on a 1-year rolling basis and updated daily. The trend shows the change in the indicator over the past month.

GLNG vs. DVN - Sharpe Ratio Comparison

The current GLNG Sharpe Ratio is 1.25, which is higher than the DVN Sharpe Ratio of 0.92. The chart below compares the historical Sharpe Ratios of GLNG and DVN, offering insights into how both investments have performed under varying market conditions. These values are calculated using daily returns over the previous 12 months.

Sharpe Ratios by Period

	GLNG	DVN	Difference
Sharpe Ratio (1Y) Calculated over the trailing 1-year period	1.25	0.92	+0.33
Sharpe Ratio (5Y) Calculated over the trailing 5-year period	1.04	0.54	+0.49
Sharpe Ratio (10Y) Calculated over the trailing 10-year period	0.25	0.21	+0.04
Sharpe Ratio (All Time) Calculated using the full available price history	0.20	0.22	-0.02

Correlation

The correlation between GLNG and DVN is 0.45, 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

GLNG vs. DVN - Dividend Comparison

GLNG's dividend yield for the trailing twelve months is around 1.85%, less than DVN's 1.91% yield.

	TTM	2025	2024	2023	2022	2021	2020	2019	2018	2017	2016	2015
GLNG Golar LNG Limited	1.85%	2.69%	2.36%	3.26%	0.00%	0.00%	0.00%	2.11%	1.72%	0.67%	0.87%	11.40%
DVN Devon Energy Corporation	1.91%	2.62%	4.43%	4.55%	8.41%	5.24%	4.30%	1.35%	1.33%	0.58%	0.92%	3.00%

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.

Drawdown Indicators

	GLNG	DVN	Difference
Max Drawdown Largest peak-to-trough decline	-92.81%	-94.93%	+2.12%
Max Drawdown (1Y) Largest decline over 1 year	-21.95%	-29.32%	+7.37%
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 Drawdown Current decline from peak	-6.96%	-35.61%	+28.65%
Average Drawdown Average peak-to-trough decline	-44.08%	-35.91%	-8.17%
Ulcer Index Depth and duration of drawdowns from previous peaks	10.17%	10.78%	-0.61%

Volatility

GLNG vs. DVN - Volatility Comparison

Golar LNG Limited (GLNG) has a higher volatility of 12.28% compared to Devon Energy Corporation (DVN) at 8.08%. This indicates that GLNG's price experiences larger fluctuations and is considered to be riskier than DVN based on this measure. The chart below showcases a comparison of their rolling one-month volatility.

Volatility by Period

	GLNG	DVN	Difference
Volatility (1M) Calculated over the trailing 1-month period	12.28%	8.08%	+4.20%
Volatility (6M) Calculated over the trailing 6-month period	22.11%	22.26%	-0.15%
Volatility (1Y) Calculated over the trailing 1-year period	36.90%	41.67%	-4.77%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	39.94%	41.74%	-1.80%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	54.53%	49.76%	+4.77%

Financials

GLNG vs. DVN - Profitability Comparison

The chart below illustrates the profitability comparison between Golar LNG Limited and Devon Energy Corporation over time, highlighting three key metrics: Gross Profit Margin, Operating Margin, and Net Profit Margin.

GLNG - Gross Margin

Gross margin is calculated as gross profit divided by revenue. For the three months ending on Apr 2026, Golar LNG Limited reported a gross profit of 68.50M and revenue of 132.81M. Therefore, the gross margin over that period was 51.6%.

DVN - Gross Margin

Gross margin is calculated as gross profit divided by revenue. For the three months ending on Apr 2026, Devon Energy Corporation reported a gross profit of 792.00M and revenue of 3.94B. Therefore, the gross margin over that period was 20.1%.

GLNG - Operating Margin

Operating margin is calculated as operating income divided by revenue. For the three months ending on Apr 2026, Golar LNG Limited reported an operating income of 60.22M and revenue of 132.81M, resulting in an operating margin of 45.3%.

DVN - Operating Margin

Operating margin is calculated as operating income divided by revenue. For the three months ending on Apr 2026, Devon Energy Corporation reported an operating income of 657.00M and revenue of 3.94B, resulting in an operating margin of 16.7%.

GLNG - Net Margin

Net margin is calculated as net income divided by revenue. For the three months ending on Apr 2026, Golar LNG Limited reported a net income of 10.36M and revenue of 132.81M, resulting in a net margin of 7.8%.

DVN - Net Margin

Net margin is calculated as net income divided by revenue. For the three months ending on Apr 2026, Devon Energy Corporation reported a net income of 562.00M and revenue of 3.94B, resulting in a net margin of 14.3%.