TALO vs. DVN
TALO (Talos Energy 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 5 years, TALO returned -1.47%/yr vs 13.19%/yr for DVN. A 0.72 correlation means they provide meaningful diversification when combined.
Performance
TALO vs. DVN - Performance Comparison
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Returns By Period
In the year-to-date period, TALO achieves a 22.50% return, which is significantly higher than DVN's 16.71% return.
TALO
- 1D
- -1.68%
- 1M
- -8.78%
- 6M
- 24.54%
- YTD
- 22.50%
- 1Y
- 47.86%
- 3Y*
- -1.99%
- 5Y*
- -1.47%
- 10Y*
- —
DVN
- 1D
- 0.50%
- 1M
- -4.66%
- 6M
- 19.55%
- YTD
- 16.71%
- 1Y
- 27.54%
- 3Y*
- -2.77%
- 5Y*
- 13.19%
- 10Y*
- 4.23%
TALO vs. DVN - Yearly Performance Comparison
| 2026 (YTD) | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | |
|---|---|---|---|---|---|---|---|---|---|
TALO Talos Energy Inc. | 22.50% | 13.49% | -31.76% | -24.63% | 92.65% | 18.93% | -72.67% | 84.74% | -53.37% |
DVN Devon Energy Corporation | 16.71% | 15.03% | -25.21% | -23.08% | 50.86% | 199.88% | -35.34% | 16.81% | -43.58% |
Correlation
The correlation between TALO and DVN is 0.77, which is moderate. They share some common price drivers but move independently often enough to provide real diversification benefit when combined.
| Correlation | |
|---|---|
Correlation (1Y) Calculated over the trailing 1-year period | 0.77 |
Correlation (3Y) Calculated over the trailing 3-year period | 0.73 |
Correlation (5Y) Calculated over the trailing 5-year period | 0.74 |
Correlation (All Time) Calculated using the full available price history since May 10, 2018 | 0.72 |
The correlation between TALO and DVN has been stable across timeframes, ranging from 0.72 to 0.77 - a consistent structural relationship.
Fundamentals
TALO:
$2.25B
DVN:
$26.24B
TALO:
-$4.31
DVN:
$5.12
TALO:
1.34
DVN:
1.45
TALO:
$1.74B
DVN:
$12.24B
TALO:
$40.64M
DVN:
$2.67B
TALO:
$480.10M
DVN:
$5.67B
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Return for Risk
TALO vs. DVN — Risk / Return Rank
TALO
DVN
TALO vs. DVN - Risk-Adjusted Trends Comparison
This table presents a comparison of risk-adjusted performance metrics for Talos Energy Inc. (TALO) 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.
| TALO | DVN | Difference | |
|---|---|---|---|
| Sharpe ratioReturn per unit of total volatility | +0.19 | ||
| Sortino ratioReturn per unit of downside risk | +0.20 | ||
| Omega ratioGain probability vs. loss probability | 1.19 | 1.16 | +0.03 |
| Calmar ratioReturn relative to maximum drawdown | 2.24 | 1.25 | +0.99 |
| Martin ratioReturn relative to average drawdown | 6.02 | 3.40 | +2.62 |
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Drawdowns
TALO vs. DVN - Drawdown Comparison
The maximum TALO drawdown since its inception was -86.34%, smaller than the maximum DVN drawdown of -94.93%. Use the drawdown chart below to compare losses from any high point for TALO and DVN.
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Drawdown Indicators
| TALO | DVN | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -86.34% | -94.93% | +8.59% |
Max Drawdown (1Y)Largest decline over 1 year | -22.18% | -22.15% | -0.03% |
Max Drawdown (3Y)Largest decline over 3 years | -63.16% | -49.22% | -13.94% |
Max Drawdown (5Y)Largest decline over 5 years | -74.63% | -61.45% | -13.18% |
Max Drawdown (10Y)Largest decline over 10 years | — | -88.51% | — |
Current DrawdownCurrent decline from peak | -63.97% | -45.58% | -18.39% |
Average DrawdownAverage peak-to-trough decline | -58.61% | -35.95% | -22.66% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 8.25% | 8.15% | +0.10% |
Volatility
TALO vs. DVN - Volatility Comparison
Talos Energy Inc. (TALO) has a higher volatility of 14.27% compared to Devon Energy Corporation (DVN) at 11.41%. This indicates that TALO'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.
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Volatility by Period
| TALO | DVN | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | 14.27% | 11.41% | +2.86% |
Volatility (6M)Calculated over the trailing 6-month period | 38.68% | 25.77% | +12.91% |
Volatility (1Y)Calculated over the trailing 1-year period | 49.11% | 33.75% | +15.36% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 55.73% | 40.87% | +14.86% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 64.23% | 49.49% | +14.74% |
Dividends
TALO vs. DVN - Dividend Comparison
TALO has not paid dividends to shareholders, while DVN's dividend yield for the trailing twelve months is around 2.46%.
| Position | TTM | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
DVN Devon Energy Corporation | 2.46% | 2.62% | 4.43% | 4.55% | 8.41% | 5.24% | 4.30% | 1.35% | 1.33% | 0.58% | 0.92% | 3.00% |
TALO Talos Energy 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% |
Financials
TALO vs. DVN - Financials Comparison
This section allows you to compare key financial metrics between Talos Energy 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
TALO vs. DVN - Profitability Comparison
TALO - Gross Margin
Gross margin is calculated as gross profit divided by revenue. For the three months ending on Jul 2026, Talos Energy Inc. reported a gross profit of 0.00 and revenue of 472.31M. 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 Jul 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%.
TALO - Operating Margin
Operating margin is calculated as operating income divided by revenue. For the three months ending on Jul 2026, Talos Energy Inc. reported an operating income of 0.00 and revenue of 472.31M, resulting in an operating margin of 0.0%.
DVN - Operating Margin
Operating margin is calculated as operating income divided by revenue. For the three months ending on Jul 2026, Devon Energy Corporation reported an operating income of 0.00 and revenue of 3.81M, resulting in an operating margin of 0.0%.
TALO - Net Margin
Net margin is calculated as net income divided by revenue. For the three months ending on Jul 2026, Talos Energy Inc. reported a net income of -256.17M and revenue of 472.31M, resulting in a net margin of -54.2%.
DVN - Net Margin
Net margin is calculated as net income divided by revenue. For the three months ending on Jul 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
TALO and DVN have a correlation of 0.77, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.
TALO has higher volatility (14.27%) compared to DVN (11.41%). In terms of maximum drawdown, TALO dropped -86.34% vs DVN's -94.93%.
TALO currently has the higher Sharpe Ratio (1.01 vs 0.82), 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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