Devon Energy vs Coterra Energy

This page compares Devon Energy Corporation and Coterra Energy Inc., examining their business models, financial performance, and market context in a neutral, accessible way. Educational content, not financial advice.

About The Companies

Devon Energy (DVN)

Devon Energy Corporation (DVN) is an independent oil and natural gas exploration and production company with operations concentrated in North American shale basins. With a market capitalisation of about $20.35 billion, Devon focuses on high-return acreage and aims to deliver free cash flow through a combination of steady production, cost control and capital discipline. The company generates revenue by producing and marketing crude oil, natural gas and natural gas liquids, and its earnings are sensitive to commodity price swings. In recent years Devon has emphasised shareholder returns via dividends and share buybacks while investing in efficiency and emissions reduction initiatives. Key considerations for investors include exposure to volatile oil and gas prices, operational risks, and regulatory or environmental developments that may affect production and costs. This summary provides general educational information and is not personalised financial advice; investors should assess suitability and consider seeking independent advice before acting.

Coterra Energy (CTRA)

Coterra Energy (CTRA) is a US oil and gas exploration and production company with a focus on developing onshore hydrocarbon resources. Investors should know that the business is driven by production volumes, commodity prices (notably natural gas and liquids), and the company’s capital-allocation choices such as dividends, buybacks and reinvestment in its portfolio. Coterra’s value tends to move with energy markets and with operational factors like well performance and cost control. Key considerations include commodity-price volatility, regulatory and environmental risks, and the company’s debt profile and hedging strategy. Management decisions on drilling activity and capital spending materially affect short- and medium‑term cash flow. For cautious investors, look at balance-sheet strength, dividend policy and production outlook; for more risk-tolerant investors, production growth and cash-return potential may be appealing. This is general educational information and not personal financial advice — consider seeking regulated advice to assess suitability for your circumstances.

Comparison Snapshot

Key Financial Metrics

DVN

Metric

CTRA

$23.54B

Market Cap

$20.00B

20.60%

Potential Profit

22.27%

Buy

Analyst Rating

Buy

Why It's Moving

Devon Energy Boosts Efficiency with Capex Cuts and Higher Output Guidance Amid Q3 Earnings Beat

Q3 earnings surpassed Wall Street forecasts on revenue and EPS, fueling a 16% one-month share price surge and renewed optimism around valuation.[3]
2025 capex reduced by $425M yet oil output raised to 388 Mbod, signaling stronger efficiency and FCF potential up to $4.5B at $70 WTI.[1]
Quarterly dividend of $0.24 per share declared post-Q3, with record date Dec 15 and payment Dec 30, reinforcing shareholder returns focus.[2][6]

Sentiment:

🐃Bullish

Devon Energy Boosts Efficiency with Capex Cuts and Higher Output Guidance Amid Q3 Earnings Beat

Q3 earnings surpassed Wall Street forecasts on revenue and EPS, fueling a 16% one-month share price surge and renewed optimism around valuation.[3]
2025 capex reduced by $425M yet oil output raised to 388 Mbod, signaling stronger efficiency and FCF potential up to $4.5B at $70 WTI.[1]
Quarterly dividend of $0.24 per share declared post-Q3, with record date Dec 15 and payment Dec 30, reinforcing shareholder returns focus.[2][6]

Sentiment:

🐃Bullish

Which Baskets Do They Appear In?

Oil & Gas

Fuel up with investment opportunities in the energy markets. This collection features carefully selected stocks from industry giants and innovators, chosen by professional analysts for their potential in the growing $6.93 trillion global oil and gas market.

Published: May 15, 2025

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Which Baskets Do They Appear In?

Oil & Gas

Published: May 15, 2025

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Investment Analysis

Devon Energy

DVN

Pros

Devon Energy exceeded Q3 2025 expectations with EPS of $1.04 and revenue of $4.33 billion, driven by operational efficiencies and strategic initiatives.
The company has demonstrated strong production growth while reducing capital expenditures by $400 million, reflecting effective cost management.
Devon Energy maintains a positive analyst consensus with a 32% average price target upside and strong free cash flow supporting share repurchases and debt reduction.

Considerations

Despite recent strong earnings, Devon Energy shares are forecasted to decline by around 9% by year-end 2025, indicating near-term bearish sentiment.
The company operates in cyclical commodity markets, with a net margin and profitability subject to volatility in energy prices and market demand.
Devon Energy's EPS is projected to decrease by over 13% this year before a modest recovery, suggesting some near-term earnings pressure.

Coterra Energy

CTRA

Pros

Coterra Energy shows lower stock volatility compared to Devon Energy, indicating potentially more stable price movements.
The company has demonstrated operational consistency with comparatively less downside drawdown over five years than Devon.
Coterra benefits from diversified production assets and steady revenue streams amid energy market fluctuations.

Considerations

Coterra’s profitability margins are generally lower than Devon Energy’s, impacting overall earnings potential.
The company faces similar cyclicality risks as other energy producers, with exposure to commodity price swings and market volatility.
Coterra’s recent financial performance and stock growth metrics lag behind Devon Energy, potentially limiting upside catalysts.

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Devon Energy vs Coterra Energy

About The Companies

Comparison Snapshot

Why It's Moving

Devon Energy Boosts Efficiency with Capex Cuts and Higher Output Guidance Amid Q3 Earnings Beat

Devon Energy Boosts Efficiency with Capex Cuts and Higher Output Guidance Amid Q3 Earnings Beat

Which Baskets Do They Appear In?

Oil & Gas

Which Baskets Do They Appear In?

Oil & Gas

Investment Analysis

Devon Energy

Pros

Considerations

Coterra Energy

Pros

Considerations

Why invest with Nemo?

Zero Commission

Trusted & Regulated

6% Interest on Cash

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Frequently asked questions

About The Companies

Comparison Snapshot

Devon Energy vs Coterra Energy

About The Companies

Comparison Snapshot

Why It's Moving

Devon Energy Boosts Efficiency with Capex Cuts and Higher Output Guidance Amid Q3 Earnings Beat

Devon Energy Boosts Efficiency with Capex Cuts and Higher Output Guidance Amid Q3 Earnings Beat

Which Baskets Do They Appear In?

Oil & Gas

Which Baskets Do They Appear In?

Oil & Gas

Investment Analysis

Devon Energy

Pros

Considerations

Coterra Energy

Pros

Considerations

Why invest with Nemo?

Zero Commission

Trusted & Regulated

6% Interest on Cash

Discover More Comparisons

Devon Energy vs Ecopetrol

Devon Energy vs TechnipFMC

Tenaris vs Coterra Energy

Frequently asked questions

What do earnings per share (EPS) and revenue indicate about a company’s performance?

How should you read ‘free cash flow’ in a stock comparison?

What does price target upside mean in an analyst consensus?

Why are volatility and downside risk important in stock comparisons?

How should you interpret margin and profitability differences between Devon Energy and Coterra?

What role does exposure to cyclicality play in this comparison?

How should you weigh the Cons provided for each stock?

What does diversified production assets mean for volatility and revenue streams?

Why is it useful to compare stock performance within the same sector?

How can you use this page to form questions for further research?

What should you do with the information from this page before making decisions?

Is this page providing financial advice or a recommendation?

About The Companies

Comparison Snapshot