DVN vs EOG vs MPC Stock Comparison

Devon Energy, Eog Resources and Marathon Petroleum Prices as of Oct 28, 2026 Peers: Industry group
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DVN Devon Energy Corp/De
$51.28 +9.7% 1M +60.2% 1Y
Market cap
$47.74B
P/E
14.6x
Revenue (TTM)
$20.38B
Div. yield
0.02%
Oil and Gas Exploration and Production Energy
EOG Eog Resources Inc
$160.95 +14.4% 1M +52.0% 1Y
Market cap
$84.79B
P/E
12.3x
Revenue (TTM)
$27.03B
Div. yield
0.03%
Oil and Gas Exploration and Production Energy
7 wins
MPC Marathon Petroleum Corp
$440.61 +13.1% 1M +129.2% 1Y
Market cap
$123.88B
P/E
14.5x
Revenue (TTM)
$156.18B
Div. yield
0.01%
Oil Refining Energy
5 wins

Head to Head

12 decided of 12

Eog Resources leads on 7 of the 12 questions below (Eog Resources 7, Marathon Petroleum 5). Which ones matter depends on what you are buying for; a cheap multiple and slow growth often come together.

QuestionDVNEOGMPCLeader
Larger companyMarket capitalisation $47.74B $84.79B $123.88B MPC
Cheaper on earningsLower P/E, profitable companies only 14.6x 12.3x 14.5x EOG
Cheaper on forward earningsLower price / next fiscal year consensus EPS 9.0x 9.6x 6.4x MPC
Faster revenue growthRevenue growth, trailing twelve months +18.1% +19.1% +15.9% EOG
More profitableNet margin, trailing twelve months 16.1% 25.4% 5.5% EOG
Better return on capitalReturn on invested capital -3.5% 17.7% 19.7% MPC
Less leveragedLower net debt / EBITDA 4.1x 0.2x 1.5x EOG
Higher dividend yieldTrailing dividend yield 0.02% 0.03% 0.01% EOG
Better 1-year returnPrice return, last 12 months +60.2% +52.0% +129.2% MPC
Better 5-year returnAnnualised price return, 5 years +5.1%/yr +11.7%/yr +46.3%/yr MPC
Less volatileAnnualised volatility, 1 year 33.9% 28.6% 36.8% EOG
Higher overall scoreMean of the five percentile scores vs peers 46/100 69/100 55/100 EOG

Percentile Scorecard

DVNEOGMPC

Each axis is the mean percentile of its metrics against the company's industry group. 100 is the best in the group, 50 the middle.

Scores by Axis

AxisDVNEOGMPC
Valuation 39 #61 of 99 48 #52 of 99 32 #16 of 23
Growth 66 #34 of 97 69 #31 of 97 67 #7 of 19
Profitability 46 #52 of 96 95 #6 of 96 77 #5 of 18
Financial Health 35 #67 of 102 86 #15 of 102 57 #11 of 24
Shareholder Returns 45 #43 of 77 49 #40 of 77 41 #11 of 18
Overall 46 69 55
  • DVN ranked among 103 companies in Oil and Gas Upstream
  • EOG ranked among 103 companies in Oil and Gas Upstream
  • MPC ranked among 25 companies in Refining and Marketing

Price Performance

Price return, split-adjusted, before dividends. Click a name to hide or show it.

Returns

PeriodDVNEOGMPCSPY
1 month +9.7%+14.4%+13.1% +0.9%
3 months +15.3%+10.3%+42.5% +5.9%
6 months +0.4%+15.7%+82.2% +8.5%
Year to date +40.0%+53.3%+170.9% +13.3%
1 year +60.2%+52.0%+129.2% +12.4%
3 years +9.6%+27.7%+201.8% +88.1%
3 years, per year +3.1%+8.5%+44.5% +23.5%
5 years +27.9%+74.1%+568.3% +68.2%
5 years, per year +5.1%+11.7%+46.3% +11.0%
10 years +30.9%+77.3%+929.0% +263.4%
10 years, per year +2.7%+5.9%+26.3% +13.8%

Risk

MeasureDVNEOGMPCSPY
Volatility, 1Y 33.9%28.6%36.8% 12.7%
Downside volatility, 1Y 33.0%29.2%36.5% 12.7%
Beta vs S&P 500, 1Y -0.73-0.74-0.26 1.00
Return / volatility, 1Y 1.781.823.51 0.98
Max drawdown, 5Y -65.7%-34.8%-45.9% -25.4%
From 52-week high -1.5%-1.7%-9.2% -0.9%
52-week high $52.07$163.70$485.05 $779.14
52-week low $32.01$101.78$162.63 $631.97

Valuation History

Weekly multiples on trailing twelve-month fundamentals. Negative or extreme readings (a loss year, a collapsed denominator) are left out so the chart stays readable.

MultipleDVNEOGMPC
P/E now vs peer median 14.6xmedian 12.4x 12.3xmedian 12.4x 14.9xmedian 8.9x
P/S now vs peer median 2.8xmedian 2.0x 3.1xmedian 2.0x 0.8xmedian 0.3x
EV/EBITDA now vs peer median 24.6xmedian 5.9x 6.4xmedian 5.9x 8.5xmedian 7.0x
P/FCF now vs peer median 38.2xmedian 10.0x 13.3xmedian 10.0x 9.6xmedian 8.5x
P/B now vs peer median 1.4xmedian 1.5x 2.6xmedian 1.5x 4.8xmedian 1.7x
PEG now vs peer median -0.65median 0.92 -2.75median 0.92 -14.49median 0.32

Financial History

Reported figures by fiscal period, placed on the calendar year (or quarter) each period ended in, so companies with different fiscal years line up.

Trailing twelve monthsDVNEOGMPC
Revenue $20.38B $27.03B $156.18B
Gross profit $14.11B – $21.79B
Operating income -$1.35B $8.91B $14.13B
Net income $3.29B $6.88B $10.31B
Free cash flow $1.48B $6.35B $12.90B
R&D $54.00M $213.00M –
EPS (diluted) $3.49 $13.00 $29.50
Cash & equivalents – $4.91B $7.77B
Total debt $11.39B $7.93B $33.26B
Shares (diluted) 940.00M 529.00M 290.00M
Enterprise value $47.74B $69.11B $107.63B

All Metrics

58 metrics · best in bold

Bold marks the best reading: the lowest positive value for multiples, leverage and payout, the highest for everything else. The bar under each value is its percentile against that company's own peers. Hover a value for its rank and the peer median.

Valuation

12 metrics
MetricDVNEOGMPC
P/E 14.6x 12.3x 14.9x
P/FCF 38.2x 13.3x 9.6x
P/Operating cash flow 6.6x 6.3x 7.2x
P/S 2.8x 3.1x 0.8x
P/B 1.4x 2.6x 4.8x
P/Tangible book 1.4x 2.6x 5.4x
EV/EBITDA 24.6x 6.4x 8.5x
EV/EBIT -50.1x 9.8x 10.6x
EV/Revenue 3.3x 3.2x 1.0x
EV/FCF 45.9x 13.8x 11.6x
EV/Operating cash flow 7.9x 6.5x 8.7x
PEG (3Y EPS CAGR) -0.65 -2.75 -14.49

Growth

14 metrics
MetricDVNEOGMPC
Revenue growth (1Y) 18.1% 19.1% 15.9%
Revenue CAGR (3Y) 5.9% 1.4% -0.6%
Gross profit growth (1Y) 18.4% – 71.5%
Gross profit CAGR (3Y) 4.9% – -5.4%
Operating income growth (1Y) 11.9% 22.2% 163.0%
Operating income CAGR (3Y) -44.2% -7.0% -9.1%
Net income growth (1Y) 13.2% 20.0% 174.5%
Net income CAGR (3Y) -11.9% -7.6% -10.4%
EPS growth (1Y) -22.0% 23.8% 324.1%
EPS CAGR (3Y) -22.4% -4.5% -1.0%
Operating cash flow growth (1Y) 25.5% 25.2% 164.9%
Operating cash flow CAGR (3Y) 6.4% -1.0% 4.8%
Free cash flow growth (1Y) 337.8% 44.8% 253.7%
Free cash flow CAGR (3Y) 11.7% -5.5% 1.0%

Profitability

14 metrics
MetricDVNEOGMPC
Gross margin 69.3% – 14.0%
EBITDA margin 13.5% 50.9% 11.2%
Operating margin -6.6% 32.9% 9.0%
Pretax margin -8.8% 32.5% 8.2%
Net margin 16.1% 25.4% 5.5%
FCF margin 7.2% 23.5% 8.3%
Operating cash flow margin 42.0% 49.4% 11.0%
Return on equity 11.5% 21.9% 42.0%
Return on assets 6.4% 12.7% 11.3%
Return on invested capital -3.5% 17.7% 19.7%
Return on capital employed -3.0% 18.3% 22.1%
Asset turnover 0.4x 0.5x 1.7x
Cash conversion (OCF / net income) 2.6x 1.9x 1.7x
Stock comp / revenue 0.7% 0.9% –

Financial Health

11 metrics
MetricDVNEOGMPC
Debt / assets 16.1% 14.5% 35.3%
Debt / equity 0.3x 0.2x 1.3x
Net debt / EBITDA 4.1x 0.2x 1.5x
Debt / FCF 7.7x 1.2x 2.6x
Liabilities / assets 41.1% 41.8% 72.7%
Equity / assets 58.9% 58.2% 27.3%
Interest coverage -2.7x 33.0x 10.4x
Current ratio 0.7x 1.9x 1.3x
Quick ratio – 1.6x 0.9x
Cash ratio – 0.9x 0.3x
Altman Z-score 1.58 4.19 3.99

Shareholder Returns

7 metrics
MetricDVNEOGMPC
Dividend yield 2.2% 2.5% 0.9%
Net buyback yield 1.4% 3.4% 4.0%
Shareholder yield 3.5% 5.9% 4.9%
Payout ratio (earnings) 25.0% 31.7% 11.3%
Payout ratio (FCF) 55.6% 34.3% 9.0%
Dividend growth (1Y) 11.9% 3.4% 2.8%
Dividend CAGR (3Y) -34.6% -19.6% -3.4%

Analyst Estimates

Solid lines are reported fiscal-year results; dashed lines are the consensus for the years ahead. Hover a year for the analysts' high and low, and how each result compared with its estimate.

ConsensusDVNEOGMPC
Forward P/E 9.0xFY2026 9.6xFY2026 6.4xFY2026
EPS, next fiscal year $5.69FY2026 $16.76FY2026 $68.44FY2026
EPS growth, next FY +45.2%FY2026 +65.0%FY2026 +539.6%FY2026
EPS growth, the year after -5.1% -7.0% -13.2%
Revenue, next fiscal year $24.57BFY2026 $29.71BFY2026 $192.95BFY2026
Revenue growth, next FY +42.9%FY2026 +31.3%FY2026 +42.7%FY2026
Revenue growth, the year after +2.6% -5.6% -9.3%

Institutional Ownership

13F filings, quarter ended Jun 30, 2026
HoldersDVNEOGMPC
Held by institutions 92.2% 95.8% 75.7%
Institutions holding 1,459 1,628 1,932
Change in shares held, QoQ +86.7% -0.6% -0.3%
Institutions buying 1,139 837 857
Institutions selling 231 578 699
Buyers to sellers 4.93 1.45 1.23

Return Correlation

Daily returns, last 12 months

1.00 means two stocks move in lockstep, 0 that they move independently. Pairs below about 0.5 diversify each other.

DVNEOGMPC
DVN 1.00 0.85 0.49
EOG 0.85 1.00 0.54
MPC 0.49 0.54 1.00

Add a Peer

Largest companies in the same industry

Related Comparisons

Frequently Asked Questions

Which is bigger, DVN, EOG and MPC?

Marathon Petroleum (MPC) is the largest by market capitalisation: Devon Energy (DVN) $47.74B, Eog Resources (EOG) $84.79B, Marathon Petroleum (MPC) $123.88B.

Which stock is cheaper, DVN, EOG and MPC?

Eog Resources (EOG) trades on the lowest price-to-earnings ratio (Devon Energy (DVN) 14.6x, Eog Resources (EOG) 12.3x, Marathon Petroleum (MPC) 14.5x). On next year's consensus earnings, Marathon Petroleum (MPC) is cheapest (Devon Energy (DVN) 9.0x, Eog Resources (EOG) 9.6x, Marathon Petroleum (MPC) 6.4x). A lower multiple can reflect slower expected growth, so read it next to the growth figures.

Which company is growing faster?

Eog Resources (EOG) grew revenue fastest over the trailing twelve months: Devon Energy (DVN) +18.1%, Eog Resources (EOG) +19.1%, Marathon Petroleum (MPC) +15.9%.

Which company is more profitable?

Eog Resources (EOG) has the highest net margin (Devon Energy (DVN) 16.1%, Eog Resources (EOG) 25.4%, Marathon Petroleum (MPC) 5.5%). On return on invested capital, Marathon Petroleum (MPC) leads (Devon Energy (DVN) -3.5%, Eog Resources (EOG) 17.7%, Marathon Petroleum (MPC) 19.7%).

Which stock has performed better?

Over the past year Marathon Petroleum (MPC) returned the most: Devon Energy (DVN) +60.2%, Eog Resources (EOG) +52.0%, Marathon Petroleum (MPC) +129.2%. Over five years, Marathon Petroleum (MPC) compounded fastest (Devon Energy (DVN) +5.1%/yr, Eog Resources (EOG) +11.7%/yr, Marathon Petroleum (MPC) +46.3%/yr). Returns are price only, before dividends.

Which pays a higher dividend?

Eog Resources (EOG) has the highest dividend yield: Devon Energy (DVN) 0.02%, Eog Resources (EOG) 0.03%, Marathon Petroleum (MPC) 0.01%.

Which stock is riskier?

By one-year price volatility, Eog Resources (EOG) has been the steadiest (Devon Energy (DVN) 33.9%, Eog Resources (EOG) 28.6%, Marathon Petroleum (MPC) 36.8%). Volatility measures how widely the price swings, not the risk of the business.

Which is the better stock, DVN, EOG and MPC?

There is no single answer; it depends on what you are buying for. On the 12 head-to-head measures on this page, Eog Resources (EOG) leads on 7. Business Quant does not give investment advice; use the comparison as a starting point for your own research.

Data from SEC filings, exchange prices and consensus estimates, via Business Quant. Percentile scores compare each company with its own peer group, so two companies' scores are each relative to different peers unless you rank against the whole market. Price returns exclude dividends. Nothing on this page is investment advice.