PARR vs. DVN
Compare and contrast key facts about Par Pacific Holdings, Inc. (PARR) and Devon Energy Corporation (DVN).
Scroll down to visually compare performance, riskiness, drawdowns, and other indicators and decide which better suits your portfolio: PARR or DVN.
Correlation
The correlation between PARR 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.
Performance
PARR vs. DVN - Performance Comparison
Key characteristics
PARR:
-1.43
DVN:
-1.18
PARR:
-2.40
DVN:
-1.62
PARR:
0.73
DVN:
0.81
PARR:
-0.92
DVN:
-0.48
PARR:
-1.48
DVN:
-1.65
PARR:
38.90%
DVN:
17.94%
PARR:
40.44%
DVN:
25.11%
PARR:
-78.32%
DVN:
-94.93%
PARR:
-62.63%
DVN:
-61.78%
Fundamentals
PARR:
$895.23M
DVN:
$21.13B
PARR:
$5.15
DVN:
$5.40
PARR:
3.11
DVN:
5.96
PARR:
0.00
DVN:
14.90
PARR:
$8.33B
DVN:
$15.14B
PARR:
$421.41M
DVN:
$4.64B
PARR:
$382.34M
DVN:
$7.60B
Returns By Period
In the year-to-date period, PARR achieves a -58.51% return, which is significantly lower than DVN's -29.69% return. Over the past 10 years, PARR has outperformed DVN with an annualized return of -0.43%, while DVN has yielded a comparatively lower -3.30% annualized return.
PARR
-58.51%
-12.27%
-36.65%
-57.09%
-9.32%
-0.43%
DVN
-29.69%
-19.14%
-31.66%
-30.53%
10.12%
-3.30%
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Risk-Adjusted Performance
PARR vs. DVN - Risk-Adjusted Performance Comparison
This table presents a comparison of risk-adjusted performance metrics for Par Pacific Holdings, Inc. (PARR) 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
PARR vs. DVN - Dividend Comparison
PARR has not paid dividends to shareholders, while DVN's dividend yield for the trailing twelve months is around 4.71%.
TTM | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | 2014 | 2013 | |
---|---|---|---|---|---|---|---|---|---|---|---|---|
Par Pacific Holdings, Inc. | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% |
Devon Energy Corporation | 4.71% | 6.34% | 8.41% | 4.47% | 4.30% | 1.35% | 1.33% | 0.58% | 0.92% | 3.00% | 1.54% | 1.39% |
Drawdowns
PARR vs. DVN - Drawdown Comparison
The maximum PARR drawdown since its inception was -78.32%, smaller than the maximum DVN drawdown of -94.93%. Use the drawdown chart below to compare losses from any high point for PARR and DVN. For additional features, visit the drawdowns tool.
Volatility
PARR vs. DVN - Volatility Comparison
Par Pacific Holdings, Inc. (PARR) has a higher volatility of 12.69% compared to Devon Energy Corporation (DVN) at 7.88%. This indicates that PARR'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.
Financials
PARR vs. DVN - Financials Comparison
This section allows you to compare key financial metrics between Par Pacific Holdings, 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