DVN vs OXY

Devon Energy (DVN) and Occidental Petroleum (OXY) compared side by side. Occidental Petroleum (OXY) is larger, with a market cap of $64.1B versus $56.5B for Devon Energy, about 1.1 times the size. On trailing earnings, DVN is cheaper at 11.2x versus 18.2x for OXY.

Head to head

MetricDVNOXY
Market cap$56.5B$64.1B
P/E (TTM)11.2x18.2x
Forward P/E9.5x12.8x
Revenue (TTM)$18.8B$23.9B
Revenue growth64.2%53.4%
Gross margin50.3%73.3%
Operating margin41.1%45.4%
Free cash flow$1.5B$4.8B
Dividend yield2.49%1.75%
1-year return+57.6%+52.6%
5-year return (annual)+10.0%+15.2%
Max drawdown-95%-88%
FI Handbook gradeC+B

Highlighted: the stronger figure on metrics where higher or lower is clearly better.

Growth of $10,000 (5 years, price only)

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DVNOXY

DVN vs OXY FAQ

Which is bigger, DVN or OXY?

Occidental Petroleum (OXY) is larger, with a market cap of $64.1B versus $56.5B for Devon Energy, about 1.1 times the size.

Is DVN or OXY cheaper?

On trailing earnings, DVN is cheaper at 11.2x versus 18.2x for OXY. A lower P/E can reflect slower expected growth, so compare growth and margins too.

Which stock performed better over the past year, DVN or OXY?

DVN returned +57.6% over the past year including dividends, versus +52.6% for OXY, through October 23, 2026.

Which pays a higher dividend, DVN or OXY?

DVN yields 2.49% versus 1.75% for OXY.

Full pages: Devon Energy · Occidental Petroleum