DVN vs EPD vs SOBO Stock Comparison

Devon Energy, Enterprise Products Partners and South Bow Prices as of Oct 29, 2026 Peers: Industry group
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DVN Devon Energy Corp/De
$51.17 +9.8% 1M +59.7% 1Y
Market cap
$48.63B
P/E
14.8x
Revenue (TTM)
$20.38B
Div. yield
0.02%
Oil and Gas Exploration and Production Energy
3 wins
SOBO South Bow Corp
$35.94 +8.1% 1M +38.2% 1Y
Market cap
$7.51B
P/E
16.3x
Revenue (TTM)
$2.00B
Div. yield
–
Oil and Gas Pipelines Energy
2 wins

Head to Head

11 decided of 12

Enterprise Products Partners leads on 6 of the 12 questions below (Enterprise Products Partners 6, Devon Energy 3, South Bow 2). Which ones matter depends on what you are buying for; a cheap multiple and slow growth often come together.

QuestionDVNEPDSOBOLeader
Larger companyMarket capitalisation $48.63B $83.04B $7.51B EPD
Cheaper on earningsLower P/E, profitable companies only 14.8x 12.6x 16.3x EPD
Cheaper on forward earningsLower price / next fiscal year consensus EPS 9.0x 13.6x 19.1x DVN
Faster revenue growthRevenue growth, trailing twelve months +18.1% +21.5% -2.1% EPD
More profitableNet margin, trailing twelve months 16.1% — 23.0% SOBO
Better return on capitalReturn on invested capital -3.5% — 9.2% SOBO
Less leveragedLower net debt / EBITDA 4.1x — 4.4x DVN
Higher dividend yieldTrailing dividend yield 0.02% 0.00% 0.00% –
Better 1-year returnPrice return, last 12 months +59.7% +25.5% +38.2% DVN
Better 5-year returnAnnualised price return, 5 years +5.0%/yr +11.5%/yr — EPD
Less volatileAnnualised volatility, 1 year 33.9% 18.8% 22.7% EPD
Higher overall scoreMean of the five percentile scores vs peers 45/100 71/100 55/100 EPD

Percentile Scorecard

DVNEPDSOBO

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

AxisDVNEPDSOBO
Valuation 40 #60 of 99 88 #5 of 35 56 #16 of 35
Growth 63 #37 of 97 49 #18 of 34 52 #17 of 34
Profitability 46 #52 of 96 – 70 #10 of 31
Financial Health 32 #70 of 102 – 50 #17 of 33
Shareholder Returns 46 #42 of 77 77 #8 of 31 47 #17 of 31
Overall 45 71 55
  • DVN ranked among 103 companies in Oil and Gas Upstream
  • EPD ranked among 35 companies in Oil and Gas Midstream
  • SOBO ranked among 35 companies in Oil and Gas Midstream

Price Performance

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

Returns

PeriodDVNEPDSOBOSPY
1 month +9.8%+8.4%+8.1% +0.7%
3 months +15.8%+2.5%-4.0% +3.7%
6 months -0.4%+0.9%+5.0% +7.1%
Year to date +39.7%+21.8%+30.8% +12.8%
1 year +59.7%+25.5%+38.2% +11.9%
3 years +10.8%+47.7%— +85.2%
3 years, per year +3.5%+13.9%— +22.8%
5 years +27.7%+72.2%— +67.6%
5 years, per year +5.0%+11.5%— +10.9%
10 years +30.6%+52.7%— +262.0%
10 years, per year +2.7%+4.3%— +13.7%

Risk

MeasureDVNEPDSOBOSPY
Volatility, 1Y 33.9%18.8%22.7% 12.7%
Downside volatility, 1Y 32.9%18.1%22.2% 12.6%
Beta vs S&P 500, 1Y -0.73-0.32-0.20 1.00
Return / volatility, 1Y 1.761.361.68 0.94
Max drawdown, 5Y -65.7%-19.5%-20.2% -25.4%
From 52-week high -1.7%-1.9%-7.1% -1.2%
52-week high $52.07$39.80$38.69 $779.14
52-week low $32.01$30.22$25.26 $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.

MultipleDVNEPDSOBO
P/E now vs peer median 14.6xmedian 11.9x 12.8xmedian 19.6x 16.3xmedian 19.6x
P/S now vs peer median 2.8xmedian 2.0x 1.3xmedian 2.8x 3.7xmedian 2.8x
EV/EBITDA now vs peer median 24.6xmedian 5.9x —median 11.1x 11.0xmedian 11.1x
P/FCF now vs peer median 38.1xmedian 10.0x 22.5xmedian 16.9x 11.7xmedian 16.9x
P/B now vs peer median 1.3xmedian 1.5x —median 2.4x 2.8xmedian 2.4x
PEG now vs peer median -0.65median 1.36 1.80median 1.68 —median 1.68

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 monthsDVNEPDSOBO
Revenue $20.38B $64.40B $2.00B
Gross profit $14.11B – $1.72B
Operating income -$1.35B $8.16B –
Net income $3.29B – $460.00M
Free cash flow $1.48B – $640.00M
R&D $54.00M – –
EPS (diluted) $3.49 $3.02 $2.20
Cash & equivalents – – $726.00M
Total debt $11.39B – $5.73B
Shares (diluted) 940.00M 2.19B 208.80M
Enterprise value $48.63B $83.04B $5.14B

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
MetricDVNEPDSOBO
P/E 14.6x 12.8x 16.3x
P/FCF 38.1x 22.5x 11.7x
P/Operating cash flow 6.6x 9.1x 8.9x
P/S 2.8x 1.3x 3.7x
P/B 1.3x – 2.8x
P/Tangible book 1.3x – 2.8x
EV/EBITDA 24.6x – 11.0x
EV/EBIT -50.0x – 14.1x
EV/Revenue 3.3x 1.3x 6.2x
EV/FCF 45.8x – 19.5x
EV/Operating cash flow 7.9x 9.1x 14.9x
PEG (3Y EPS CAGR) -0.65 1.80 –

Growth

14 metrics
MetricDVNEPDSOBO
Revenue growth (1Y) 18.1% 21.5% -2.1%
Revenue CAGR (3Y) 5.9% 9.7% –
Gross profit growth (1Y) 18.4% – 1.5%
Gross profit CAGR (3Y) 4.9% – –
Operating income growth (1Y) 11.9% 13.1% –
Operating income CAGR (3Y) -44.2% 6.4% –
Net income growth (1Y) 13.2% – 53.3%
Net income CAGR (3Y) -11.9% – –
EPS growth (1Y) -22.0% 14.0% 134.7%
EPS CAGR (3Y) -22.4% 7.1% –
Operating cash flow growth (1Y) 25.5% 9.9% 30.1%
Operating cash flow CAGR (3Y) 6.4% 5.5% –
Free cash flow growth (1Y) 337.8% – 14.9%
Free cash flow CAGR (3Y) 11.7% – –

Profitability

14 metrics
MetricDVNEPDSOBO
Gross margin 69.3% – 85.8%
EBITDA margin 13.5% – 56.9%
Operating margin -6.6% – –
Pretax margin -8.8% – 27.8%
Net margin 16.1% – 23.0%
FCF margin 7.2% – 32.0%
Operating cash flow margin 42.0% 14.5% 41.9%
Return on equity 11.5% – 17.3%
Return on assets 6.4% – 4.1%
Return on invested capital -3.5% – 9.2%
Return on capital employed -3.0% – 9.1%
Asset turnover 0.4x – 0.2x
Cash conversion (OCF / net income) 2.6x – 1.8x
Stock comp / revenue 0.7% – –

Financial Health

11 metrics
MetricDVNEPDSOBO
Debt / assets 16.1% – 50.4%
Debt / equity 0.3x – 2.2x
Net debt / EBITDA 4.1x – 4.4x
Debt / FCF 7.7x – 9.0x
Liabilities / assets 41.1% – 76.6%
Equity / assets 58.9% – 23.4%
Interest coverage -2.7x – 2.7x
Current ratio 0.7x – 1.5x
Quick ratio – – 1.2x
Cash ratio – – 0.5x
Altman Z-score 1.58 – 1.03

Shareholder Returns

7 metrics
MetricDVNEPDSOBO
Dividend yield 2.2% 5.6% 5.6%
Net buyback yield 1.4% – -0.1%
Shareholder yield 3.5% 5.6% 5.5%
Payout ratio (earnings) 25.0% – –
Payout ratio (FCF) 55.6% – –
Dividend growth (1Y) 11.9% – –
Dividend CAGR (3Y) -34.6% – –

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.

ConsensusDVNEPDSOBO
Forward P/E 9.0xFY2026 13.6xFY2026 19.1xFY2026
EPS, next fiscal year $5.69FY2026 $2.87FY2026 $1.88FY2026
EPS growth, next FY +45.2%FY2026 +7.9%FY2026 -4.6%FY2026
EPS growth, the year after -5.1% +17.1% +3.7%
Revenue, next fiscal year $24.57BFY2026 $66.68BFY2026 $2.07BFY2026
Revenue growth, next FY +42.9%FY2026 +26.8%FY2026 +4.1%FY2026
Revenue growth, the year after +2.6% +2.5% +3.7%

Institutional Ownership

13F filings, quarter ended Jun 30, 2026
HoldersDVNEPDSOBO
Held by institutions 92.2% 24.8% 62.0%
Institutions holding 1,460 1,582 306
Change in shares held, QoQ +86.7% +0.8% -2.3%
Institutions buying 1,140 670 127
Institutions selling 231 436 92
Buyers to sellers 4.94 1.54 1.38

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.

DVNEPDSOBO
DVN 1.00 0.46 0.44
EPD 0.46 1.00 0.52
SOBO 0.44 0.52 1.00

Add a Peer

Largest companies in the same industry

Related Comparisons

Frequently Asked Questions

Which is bigger, DVN, EPD and SOBO?

Enterprise Products Partners (EPD) is the largest by market capitalisation: Devon Energy (DVN) $48.63B, Enterprise Products Partners (EPD) $83.04B, South Bow (SOBO) $7.51B.

Which stock is cheaper, DVN, EPD and SOBO?

Enterprise Products Partners (EPD) trades on the lowest price-to-earnings ratio (Devon Energy (DVN) 14.8x, Enterprise Products Partners (EPD) 12.6x, South Bow (SOBO) 16.3x). On next year's consensus earnings, Devon Energy (DVN) is cheapest (Devon Energy (DVN) 9.0x, Enterprise Products Partners (EPD) 13.6x, South Bow (SOBO) 19.1x). A lower multiple can reflect slower expected growth, so read it next to the growth figures.

Which company is growing faster?

Enterprise Products Partners (EPD) grew revenue fastest over the trailing twelve months: Devon Energy (DVN) +18.1%, Enterprise Products Partners (EPD) +21.5%, South Bow (SOBO) -2.1%.

Which company is more profitable?

South Bow (SOBO) has the highest net margin (Devon Energy (DVN) 16.1%, South Bow (SOBO) 23.0%). On return on invested capital, South Bow (SOBO) leads (Devon Energy (DVN) -3.5%, South Bow (SOBO) 9.2%).

Which stock has performed better?

Over the past year Devon Energy (DVN) returned the most: Devon Energy (DVN) +59.7%, Enterprise Products Partners (EPD) +25.5%, South Bow (SOBO) +38.2%. Over five years, Enterprise Products Partners (EPD) compounded fastest (Devon Energy (DVN) +5.0%/yr, Enterprise Products Partners (EPD) +11.5%/yr). Returns are price only, before dividends.

Which pays a higher dividend?

Only one of these companies pays a dividend: Devon Energy (DVN) 0.02%, Enterprise Products Partners (EPD) 0.00%, South Bow (SOBO) 0.00%. Enterprise Products Partners (EPD) and South Bow (SOBO) pays no regular dividend.

Which stock is riskier?

By one-year price volatility, Enterprise Products Partners (EPD) has been the steadiest (Devon Energy (DVN) 33.9%, Enterprise Products Partners (EPD) 18.8%, South Bow (SOBO) 22.7%). Volatility measures how widely the price swings, not the risk of the business.

Which is the better stock, DVN, EPD and SOBO?

There is no single answer; it depends on what you are buying for. On the 12 head-to-head measures on this page, Enterprise Products Partners (EPD) leads on 6. 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.