DVN vs OKE vs PBA Stock Comparison

Devon Energy, Oneok and Pembina Pipeline Prices as of Oct 27, 2026 Peers: Industry group
DVN Devon Energy Corp/De
$51.24 +8.9% 1M +55.6% 1Y
Market cap
$56.36B
P/E
14.6x
Revenue (TTM)
$20.38B
Div. yield
2.19%
Oil and Gas Exploration and Production Energy
3 wins
OKE Oneok Inc /New/
$95.96 +8.3% 1M +38.5% 1Y
Market cap
$60.49B
P/E
16.6x
Revenue (TTM)
$39.37B
Div. yield
4.42%
Oil and Gas Pipelines Energy
3 wins
PBA Pembina Pipeline Corp
$49.95 +11.8% 1M +31.4% 1Y
Market cap
$29.02B
P/E
18.4x
Revenue (TTM)
$7.84B
Div. yield
5.77%
Oil and Gas Pipelines Energy
6 wins

Head to Head

12 decided of 12

Pembina Pipeline leads on 6 of the 12 questions below (Pembina Pipeline 6, Oneok 3, Devon Energy 3). Which ones matter depends on what you are buying for; a cheap multiple and slow growth often come together.

QuestionDVNOKEPBALeader
Larger companyMarket capitalisation $56.36B $60.49B $29.02B OKE
Cheaper on earningsLower P/E, profitable companies only 14.6x 16.6x 18.4x DVN
Cheaper on forward earningsLower price / next fiscal year consensus EPS 9.0x 15.6x 21.4x DVN
Faster revenue growthRevenue growth, trailing twelve months +18.1% +40.8% +0.9% OKE
More profitableNet margin, trailing twelve months 16.1% 9.3% 20.1% PBA
Better return on capitalReturn on invested capital -3.5% 8.4% 8.3% OKE
Less leveragedLower net debt / EBITDA 4.1x 4.3x 3.1x PBA
Higher dividend yieldTrailing dividend yield 2.19% 4.42% 5.77% PBA
Better 1-year returnPrice return, last 12 months +55.6% +38.5% +31.4% DVN
Better 5-year returnAnnualised price return, 5 years +4.8%/yr +7.9%/yr +8.3%/yr PBA
Less volatileAnnualised volatility, 1 year 34.0% 27.8% 20.3% PBA
Higher overall scoreMean of the five percentile scores vs peers 48/100 54/100 57/100 PBA

Percentile Scorecard

DVNOKEPBA

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

AxisDVNOKEPBA
Valuation 39 #61 of 99 50 #18 of 35 79 #8 of 35
Growth 68 #32 of 97 88 #5 of 34 21 #27 of 34
Profitability 46 #52 of 96 42 #20 of 34 55 #16 of 34
Financial Health 38 #64 of 102 35 #23 of 35 88 #5 of 35
Shareholder Returns 49 #39 of 76 57 #14 of 31 40 #19 of 31
Overall 48 54 57
  • DVN ranked among 103 companies in Oil and Gas Upstream
  • OKE ranked among 35 companies in Oil and Gas Midstream
  • PBA 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

PeriodDVNOKEPBASPY
1 month +8.9%+8.3%+11.8% -0.2%
3 months +20.1%+8.1%+0.1% +3.9%
6 months +3.6%+6.9%+12.8% +8.2%
Year to date +39.9%+30.6%+31.2% +12.9%
1 year +55.6%+38.5%+31.4% +12.3%
3 years +9.6%+46.6%+64.1% +87.4%
3 years, per year +3.1%+13.6%+18.0% +23.3%
5 years +26.5%+46.5%+49.2% +67.9%
5 years, per year +4.8%+7.9%+8.3% +10.9%
10 years +26.6%+97.8%+60.3% +261.1%
10 years, per year +2.4%+7.1%+4.8% +13.7%

Risk

MeasureDVNOKEPBASPY
Volatility, 1Y 34.0%27.8%20.3% 12.7%
Downside volatility, 1Y 33.2%29.2%20.8% 12.7%
Beta vs S&P 500, 1Y -0.74-0.59-0.23 1.00
Return / volatility, 1Y 1.631.381.55 0.97
Max drawdown, 5Y -65.7%-45.1%-32.6% -25.4%
From 52-week high -1.6%-1.6%-2.8% -1.2%
52-week high $52.07$97.51$51.38 $779.14
52-week low $32.01$64.31$36.52 $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.

MultipleDVNOKEPBA
P/E now vs peer median 14.6xmedian 13.0x 16.6xmedian 20.9x 18.4xmedian 20.9x
P/S now vs peer median 2.8xmedian 2.1x 1.5xmedian 2.7x 3.7xmedian 2.7x
EV/EBITDA now vs peer median 24.6xmedian 5.9x 12.2xmedian 11.0x 10.8xmedian 11.0x
P/FCF now vs peer median 38.2xmedian 11.1x 20.8xmedian 16.5x 8.3xmedian 16.5x
P/B now vs peer median 1.4xmedian 1.5x 2.6xmedian 2.6x 1.7xmedian 2.6x
PEG now vs peer median -0.65median 2.27 7.52median 1.95 —median 1.95

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 monthsDVNOKEPBA
Revenue $20.38B $39.37B $7.84B
Gross profit $14.11B $10.71B $3.30B
Operating income -$1.35B $6.11B $2.83B
Net income $3.29B $3.66B $1.71B
Free cash flow $1.48B $2.91B $3.49B
R&D $54.00M – –
EPS (diluted) $3.49 $5.78 $2.71
Cash & equivalents – $161.00M $153.00M
Total debt $11.39B $33.02B $12.08B
Shares (diluted) 940.00M 632.00M 582.00M
Enterprise value $56.36B $58.98B $28.47B

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
MetricDVNOKEPBA
P/E 14.6x 16.6x 18.4x
P/FCF 38.2x 20.8x 8.3x
P/Operating cash flow 6.6x 9.8x 10.0x
P/S 2.8x 1.5x 3.7x
P/B 1.4x 2.6x 1.7x
P/Tangible book 1.4x 3.0x 1.7x
EV/EBITDA 24.6x 12.2x 10.8x
EV/EBIT -50.1x 15.3x 14.5x
EV/Revenue 3.3x 2.4x 5.2x
EV/FCF 45.9x 32.1x 11.7x
EV/Operating cash flow 7.9x 15.2x 14.1x
PEG (3Y EPS CAGR) -0.65 7.52 –

Growth

14 metrics
MetricDVNOKEPBA
Revenue growth (1Y) 18.1% 40.8% 0.9%
Revenue CAGR (3Y) 5.9% 27.0% –
Gross profit growth (1Y) 18.4% 13.8% 0.9%
Gross profit CAGR (3Y) 4.9% 31.6% –
Operating income growth (1Y) 11.9% 14.3% 27.9%
Operating income CAGR (3Y) -44.2% 18.3% –
Net income growth (1Y) 13.2% 13.1% -3.9%
Net income CAGR (3Y) -11.9% 14.6% –
EPS growth (1Y) -22.0% 17.5% -3.0%
EPS CAGR (3Y) -22.4% 2.2% –
Operating cash flow growth (1Y) 25.5% 16.4% -16.0%
Operating cash flow CAGR (3Y) 6.4% 19.1% –
Free cash flow growth (1Y) 337.8% 0.8% -14.7%
Free cash flow CAGR (3Y) 11.7% 6.4% –

Profitability

14 metrics
MetricDVNOKEPBA
Gross margin 69.3% 27.2% 42.1%
EBITDA margin 13.5% 19.4% 48.5%
Operating margin -6.6% 15.5% 36.1%
Pretax margin -8.8% 12.1% 28.2%
Net margin 16.1% 9.3% 20.1%
FCF margin 7.2% 7.4% 44.5%
Operating cash flow margin 42.0% 15.6% 37.0%
Return on equity 11.5% 16.1% 10.1%
Return on assets 6.4% 5.4% 4.7%
Return on invested capital -3.5% 8.4% 8.3%
Return on capital employed -3.0% 10.0% –
Asset turnover 0.4x 0.6x 0.2x
Cash conversion (OCF / net income) 2.6x 1.7x 1.7x
Stock comp / revenue 0.7% – 1.4%

Financial Health

11 metrics
MetricDVNOKEPBA
Debt / assets 16.1% 48.2% 33.3%
Debt / equity 0.3x 1.4x 0.7x
Net debt / EBITDA 4.1x 4.3x 3.1x
Debt / FCF 7.7x 11.4x 3.5x
Liabilities / assets 41.1% 66.4% 52.9%
Equity / assets 58.9% 33.6% 47.1%
Interest coverage -2.7x 3.4x 4.6x
Current ratio 0.7x 0.7x –
Quick ratio – 0.5x –
Cash ratio – 0.0x –
Altman Z-score 1.58 1.69 –

Shareholder Returns

7 metrics
MetricDVNOKEPBA
Dividend yield 2.2% 4.4% 5.8%
Net buyback yield 1.4% – -0.7%
Shareholder yield 3.5% 4.4% 5.1%
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.

ConsensusDVNOKEPBA
Forward P/E 9.0xFY2026 15.6xFY2026 21.4xFY2026
EPS, next fiscal year $5.69FY2026 $6.15FY2026 $2.33FY2026
EPS growth, next FY +45.2%FY2026 +13.5%FY2026 +20.1%FY2026
EPS growth, the year after -5.1% +3.7% +0.4%
Revenue, next fiscal year $24.57BFY2026 $45.02BFY2026 $6.58BFY2026
Revenue growth, next FY +42.9%FY2026 +33.9%FY2026 +16.3%FY2026
Revenue growth, the year after +2.6% -1.7% -6.2%

Institutional Ownership

13F filings, quarter ended Jun 30, 2026
HoldersDVNOKEPBA
Held by institutions 92.2% 81.3% –
Institutions holding 1,459 1,655 –
Change in shares held, QoQ +86.7% +2.7% –
Institutions buying 1,139 822 –
Institutions selling 231 527 –
Buyers to sellers 4.93 1.56 –

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.

DVNOKEPBA
DVN 1.00 0.65 0.53
OKE 0.65 1.00 0.64
PBA 0.53 0.64 1.00

Add a Peer

Largest companies in the same industry

Related Comparisons

Frequently Asked Questions

Which is bigger, DVN, OKE and PBA?

Oneok (OKE) is the largest by market capitalisation: Devon Energy (DVN) $56.36B, Oneok (OKE) $60.49B, Pembina Pipeline (PBA) $29.02B.

Which stock is cheaper, DVN, OKE and PBA?

Devon Energy (DVN) trades on the lowest price-to-earnings ratio (Devon Energy (DVN) 14.6x, Oneok (OKE) 16.6x, Pembina Pipeline (PBA) 18.4x). On next year's consensus earnings, Devon Energy (DVN) is cheapest (Devon Energy (DVN) 9.0x, Oneok (OKE) 15.6x, Pembina Pipeline (PBA) 21.4x). A lower multiple can reflect slower expected growth, so read it next to the growth figures.

Which company is growing faster?

Oneok (OKE) grew revenue fastest over the trailing twelve months: Devon Energy (DVN) +18.1%, Oneok (OKE) +40.8%, Pembina Pipeline (PBA) +0.9%.

Which company is more profitable?

Pembina Pipeline (PBA) has the highest net margin (Devon Energy (DVN) 16.1%, Oneok (OKE) 9.3%, Pembina Pipeline (PBA) 20.1%). On return on invested capital, Oneok (OKE) leads (Devon Energy (DVN) -3.5%, Oneok (OKE) 8.4%, Pembina Pipeline (PBA) 8.3%).

Which stock has performed better?

Over the past year Devon Energy (DVN) returned the most: Devon Energy (DVN) +55.6%, Oneok (OKE) +38.5%, Pembina Pipeline (PBA) +31.4%. Over five years, Pembina Pipeline (PBA) compounded fastest (Devon Energy (DVN) +4.8%/yr, Oneok (OKE) +7.9%/yr, Pembina Pipeline (PBA) +8.3%/yr). Returns are price only, before dividends.

Which pays a higher dividend?

Pembina Pipeline (PBA) has the highest dividend yield: Devon Energy (DVN) 2.19%, Oneok (OKE) 4.42%, Pembina Pipeline (PBA) 5.77%.

Which stock is riskier?

By one-year price volatility, Pembina Pipeline (PBA) has been the steadiest (Devon Energy (DVN) 34.0%, Oneok (OKE) 27.8%, Pembina Pipeline (PBA) 20.3%). Volatility measures how widely the price swings, not the risk of the business.

Which is the better stock, DVN, OKE and PBA?

There is no single answer; it depends on what you are buying for. On the 12 head-to-head measures on this page, Pembina Pipeline (PBA) 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.