Occidental Petroleum vs Devon Energy
Explore a detailed comparison of Occidental Petroleum Corporation and Devon Energy Corporation. This page evaluates their respective business models, financial performance, and market context to provide an overview for those interested in their stock. We aim to present a balanced perspective on these energy sector entities without providing investment recommendations. Educational content, not financial advice.
Explore a detailed comparison of Occidental Petroleum Corporation and Devon Energy Corporation. This page evaluates their respective business models, financial performance, and market context to provi...
Why It's Moving
Occidental Petroleum Bolsters Balance Sheet with $9.7B OxyChem Sale to Berkshire Hathaway.
- Completed OxyChem divestiture for $9.7B in cash, enabling swift deleveraging and portfolio streamlining to counter lower oil price pressures.
- Revised fee agreement with Western Midstream cuts costs, boosting operational efficiency and cash flow preservation.
- 2026 capex slashed 10-15% to $6.3-6.7B, prioritizing liquidity for high-return projects ahead of pivotal Q4 earnings call.
UBS Turns Bullish on Devon Energy as Cost Cuts and Oil Tailwinds Spark Pre-Market Gains
- UBS raised its price target to $46 from $40, pointing to $1 billion in debt reduction by mid-2026 as a major catalyst for shareholder value.
- Devon plans to cut 2026 capital requirements by $100 million versus 2025 levels, with production optimization already lifting output by 20,000 barrels of oil equivalent per day.
- Retail sentiment shifted to neutral from bearish, fueled by drilling tech advances and industry consolidation driving down U.S. costs.
Occidental Petroleum Bolsters Balance Sheet with $9.7B OxyChem Sale to Berkshire Hathaway.
- Completed OxyChem divestiture for $9.7B in cash, enabling swift deleveraging and portfolio streamlining to counter lower oil price pressures.
- Revised fee agreement with Western Midstream cuts costs, boosting operational efficiency and cash flow preservation.
- 2026 capex slashed 10-15% to $6.3-6.7B, prioritizing liquidity for high-return projects ahead of pivotal Q4 earnings call.
UBS Turns Bullish on Devon Energy as Cost Cuts and Oil Tailwinds Spark Pre-Market Gains
- UBS raised its price target to $46 from $40, pointing to $1 billion in debt reduction by mid-2026 as a major catalyst for shareholder value.
- Devon plans to cut 2026 capital requirements by $100 million versus 2025 levels, with production optimization already lifting output by 20,000 barrels of oil equivalent per day.
- Retail sentiment shifted to neutral from bearish, fueled by drilling tech advances and industry consolidation driving down U.S. costs.
Investment Analysis
Pros
- Q3 2025 earnings beat expectations by 28% with $3.2 billion operating cash flow.
- CrownRock acquisition bolsters Permian Basin portfolio for revenue growth and profitability.
- Dominant low-cost position in Permian Basin supports production efficiency amid energy transition.
Considerations
- Stock underperformed US oil and gas industry by 18.9% over past year.
- Debt-to-equity ratio of 59% heightens financial leverage risks in volatile markets.
- Global decarbonisation trends threaten long-term oil revenue erosion despite carbon initiatives.
Devon Energy
DVN
Pros
- Superior interest coverage ratio of 7.92 indicates robust debt servicing capacity.
- Higher return on equity at 18.27% reflects efficient capital utilisation versus peers.
- Stronger quick ratio of 0.77 enhances short-term liquidity compared to competitors.
Considerations
- Net profit margin trails peers, exposing profitability pressures from operational costs.
- Exposure to commodity price cyclicality amplifies earnings volatility in oil markets.
- Permian-focused operations vulnerable to regional regulatory shifts and basin-specific risks.
Related Market Insights
Trump's Gulf Gambit: The Trillion-Dollar Investment Bonanza
Explore Trump's historic $1T Gulf investment deals. Discover top US companies in AI, energy & infrastructure poised for growth. Invest with Nemo.
Aimee Silverwood | Financial Analyst
July 25, 2025
The Carbon Removal Revolution: Why These Stocks Could Define Climate Investing
Explore carbon removal stocks. Invest in firms pioneering direct air capture & CO2 extraction technologies. Tap into a $1.2T market defining climate investing. Learn more with Nemo.
Aimee Silverwood | Financial Analyst
July 25, 2025
The Oracle's Last Stand: Why Buffett's Final Picks Could Define Your Portfolio
Discover Warren Buffett's final stock picks before he steps down. Access the Oracle of Omaha's legendary strategy that generated 5,500,000% returns. Invest in his top holdings like Apple & Coca-Cola.
Aimee Silverwood | Financial Analyst
July 25, 2025
Related Market Insights
Trump's Gulf Gambit: The Trillion-Dollar Investment Bonanza
Explore Trump's historic $1T Gulf investment deals. Discover top US companies in AI, energy & infrastructure poised for growth. Invest with Nemo.
Aimee Silverwood | Financial Analyst
July 25, 2025
The Carbon Removal Revolution: Why These Stocks Could Define Climate Investing
Explore carbon removal stocks. Invest in firms pioneering direct air capture & CO2 extraction technologies. Tap into a $1.2T market defining climate investing. Learn more with Nemo.
Aimee Silverwood | Financial Analyst
July 25, 2025
The Oracle's Last Stand: Why Buffett's Final Picks Could Define Your Portfolio
Discover Warren Buffett's final stock picks before he steps down. Access the Oracle of Omaha's legendary strategy that generated 5,500,000% returns. Invest in his top holdings like Apple & Coca-Cola.
Aimee Silverwood | Financial Analyst
July 25, 2025
Aftermath of Airstrikes: Defense & Energy Fortification
Explore tactical investment opportunities in defense and energy stocks after US airstrikes. Benefit from increased military spending & oil volatility. Invest in 15 handpicked stocks.
Aimee Silverwood | Financial Analyst
July 25, 2025
Occidental Petroleum (OXY) Next Earnings Date
Occidental Petroleum (OXY) is estimated to report its next earnings on February 18, 2026, after market close, covering the Q4 2025 fiscal quarter. This date aligns with the company's historical pattern of late-February releases for year-end results, though it remains unconfirmed by the company. Investors should monitor for official announcements as the date approaches.
Devon Energy (DVN) Next Earnings Date
Devon Energy (DVN) is scheduled to report its next earnings on February 17, 2026, after market close. This release will cover the fourth quarter of 2025, aligning with the company's confirmed announcement and consensus estimates across multiple analyst sources. Investors should monitor for updates, as dates are occasionally subject to minor adjustments based on historical patterns.
Occidental Petroleum (OXY) Next Earnings Date
Occidental Petroleum (OXY) is estimated to report its next earnings on February 18, 2026, after market close, covering the Q4 2025 fiscal quarter. This date aligns with the company's historical pattern of late-February releases for year-end results, though it remains unconfirmed by the company. Investors should monitor for official announcements as the date approaches.
Devon Energy (DVN) Next Earnings Date
Devon Energy (DVN) is scheduled to report its next earnings on February 17, 2026, after market close. This release will cover the fourth quarter of 2025, aligning with the company's confirmed announcement and consensus estimates across multiple analyst sources. Investors should monitor for updates, as dates are occasionally subject to minor adjustments based on historical patterns.
Which Baskets Do They Appear In?
Aftermath of Airstrikes: Defense & Energy Fortification
A carefully selected group of defense contractors and energy companies positioned to benefit from recent US military action against Iran. These stocks were handpicked by our analysts to capture potential gains from increased defense spending and energy price volatility in an unstable Middle East.
Published: July 1, 2025
Explore BasketCarbon-Negative Supply-Chain Enablers
This carefully selected group of stocks represents companies building our carbon-negative future. Professional analysts have identified these firms as leaders in technologies that permanently remove CO₂ from the atmosphere, positioning them to benefit from the growing demand for verifiable carbon removal solutions.
Published: June 17, 2025
Explore BasketBye-Bye Buffet: The 5,500,000% Investor
Follow in the footsteps of Warren Buffett, one of history's greatest investors, with this carefully selected portfolio of his favorite companies. As Buffett prepares to step down as Berkshire's CEO, now's your chance to invest like the Oracle of Omaha.
Published: May 18, 2025
Explore BasketWhich Baskets Do They Appear In?
Aftermath of Airstrikes: Defense & Energy Fortification
A carefully selected group of defense contractors and energy companies positioned to benefit from recent US military action against Iran. These stocks were handpicked by our analysts to capture potential gains from increased defense spending and energy price volatility in an unstable Middle East.
Published: July 1, 2025
Explore BasketCarbon-Negative Supply-Chain Enablers
This carefully selected group of stocks represents companies building our carbon-negative future. Professional analysts have identified these firms as leaders in technologies that permanently remove CO₂ from the atmosphere, positioning them to benefit from the growing demand for verifiable carbon removal solutions.
Published: June 17, 2025
Explore BasketBye-Bye Buffet: The 5,500,000% Investor
Follow in the footsteps of Warren Buffett, one of history's greatest investors, with this carefully selected portfolio of his favorite companies. As Buffett prepares to step down as Berkshire's CEO, now's your chance to invest like the Oracle of Omaha.
Published: May 18, 2025
Explore BasketTrump's US$1 Trillion Gulf Deals
This carefully selected group of stocks and ETFs is positioned to benefit from President Trump's historic investment agreements with Gulf nations. Our analysts have identified companies that could see significant growth from these massive cross-border deals in technology, energy, and infrastructure.
Published: May 9, 2025
Explore BasketBuy OXY or DVN in Nemo
Zero Commission
Trade stocks, ETFs, and more with zero commission. Keep more of your returns.
Trusted & Regulated
Part of Exinity Group 2015, serving over a million customers globally.
6% Interest on Cash
Earn 6% AER on uninvested cash with daily interest payments.
Discover More Comparisons
Texas Pacific Land vs Devon Energy
Texas Pacific Land vs Devon Energy
Tenaris vs Devon Energy
Tenaris vs Devon Energy: a comparative overview
Cheniere Energy Partners vs Devon Energy
Cheniere Energy Partners vs Devon Energy