HESM vs. DVN
Compare and contrast key facts about Hess Midstream LP (HESM) and Devon Energy Corporation (DVN).
Scroll down to visually compare performance, riskiness, drawdowns, and other indicators and decide which better suits your portfolio: HESM or DVN.
Performance
HESM vs. DVN - Performance Comparison
Returns By Period
In the year-to-date period, HESM achieves a 21.71% return, which is significantly higher than DVN's -12.66% return.
HESM
21.71%
2.25%
4.58%
22.92%
21.93%
N/A
DVN
-12.66%
-5.39%
-21.00%
-11.23%
19.11%
-1.95%
Fundamentals
| HESM | DVN | |
|---|---|---|
| Market Cap | $7.59B | $25.19B |
| EPS | $2.36 | $5.40 |
| PE Ratio | 14.75 | 7.10 |
| PEG Ratio | 1.57 | 14.90 |
| Total Revenue (TTM) | $1.46B | $15.43B |
| Gross Profit (TTM) | $911.30M | $7.64B |
| EBITDA (TTM) | $1.09B | $7.26B |
Key characteristics
| HESM | DVN | |
|---|---|---|
| Sharpe Ratio | 1.47 | -0.47 |
| Sortino Ratio | 1.97 | -0.51 |
| Omega Ratio | 1.27 | 0.94 |
| Calmar Ratio | 2.96 | -0.22 |
| Martin Ratio | 6.69 | -0.79 |
| Ulcer Index | 3.91% | 14.69% |
| Daily Std Dev | 17.68% | 24.48% |
| Max Drawdown | -75.16% | -94.93% |
| Current Drawdown | -4.06% | -52.53% |
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Correlation
The correlation between HESM and DVN is 0.44, 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.
Risk-Adjusted Performance
HESM vs. DVN - Risk-Adjusted Performance Comparison
This table presents a comparison of risk-adjusted performance metrics for Hess Midstream LP (HESM) 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.
Dividends
HESM vs. DVN - Dividend Comparison
HESM's dividend yield for the trailing twelve months is around 7.40%, more than DVN's 5.20% yield.
| TTM | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | 2014 | 2013 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
HESM Hess Midstream LP | 7.40% | 7.50% | 7.30% | 6.93% | 8.86% | 6.89% | 8.00% | 2.93% | 0.00% | 0.00% | 0.00% | 0.00% |
DVN Devon Energy Corporation | 5.20% | 6.34% | 8.41% | 4.47% | 4.30% | 1.35% | 1.33% | 0.58% | 0.92% | 3.00% | 1.54% | 1.39% |
Drawdowns
HESM vs. DVN - Drawdown Comparison
The maximum HESM drawdown since its inception was -75.16%, smaller than the maximum DVN drawdown of -94.93%. Use the drawdown chart below to compare losses from any high point for HESM and DVN. For additional features, visit the drawdowns tool.
Volatility
HESM vs. DVN - Volatility Comparison
The current volatility for Hess Midstream LP (HESM) is 5.50%, while Devon Energy Corporation (DVN) has a volatility of 6.33%. This indicates that HESM 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.
Financials
HESM vs. DVN - Financials Comparison
This section allows you to compare key financial metrics between Hess Midstream LP 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